Icon Offshore Bhd (XKLS:5255) Days Payable : 50.06 (As of Dec. 2023)

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What is Icon Offshore Bhd Days Payable?

Icon Offshore Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM26.1 Mil. Icon Offshore Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM47.7 Mil. Hence, Icon Offshore Bhd's Days Payable for the three months ended in Dec. 2023 was 50.06.

The historical rank and industry rank for Icon Offshore Bhd's Days Payable or its related term are showing as below:

XKLS:5255' s Days Payable Range Over the Past 10 Years
Min: 20.3 Med: 70.27 Max: 151.07
Current: 65.81

During the past 12 years, Icon Offshore Bhd's highest Days Payable was 151.07. The lowest was 20.30. And the median was 70.27.

XKLS:5255's Days Payable is ranked better than
53% of 900 companies
in the Oil & Gas industry
Industry Median: 61.045 vs XKLS:5255: 65.81

Icon Offshore Bhd's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (50.06). It may suggest that Icon Offshore Bhd delayed paying its suppliers.

Icon Offshore Bhd Days Payable Historical Data

The historical data trend for Icon Offshore Bhd's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Icon Offshore Bhd Days Payable Chart

Icon Offshore Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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67.66

38.08

20.30

30.49

27.34

Icon Offshore Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															-	68.13	96.23	91.54	50.06

Competitive Comparison of Icon Offshore Bhd's Days Payable

For the Oil & Gas Equipment & Services subindustry, Icon Offshore Bhd's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Icon Offshore Bhd's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Icon Offshore Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Icon Offshore Bhd's Days Payable falls into.

Icon Offshore Bhd Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Icon Offshore Bhd's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (10.121	+	14.04)	/	2 )	/	161.272	*	365
=	12.0805					/	161.272	*	365
=	27.34

Icon Offshore Bhd's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (38.256	+	14.04)	/	2 )	/	47.666	*	365 / 4
=	26.148					/	47.666	*	365 / 4
=	50.06

Icon Offshore Bhd Days Payable Related Terms

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Icon Offshore Bhd (XKLS:5255) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Icon Offshore Bhd (XKLS:5255) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

207, Jalan Tun Razak, 16-01, Level 16, Menara Tan & Tan, Wilayah Persekutuan, Kuala Lumpur, MYS, 50450

Website

https://www.iconoffshore.com.my

Icon Offshore Bhd is an offshore support vessel (OSV) provider in Malaysia. Its business involves vessel owning/leasing activities and the provision of vessel chartering and ship management services to the oil and gas-related industries. The company offers a wide range of logistical support services throughout the entire offshore oil and gas life cycle, from exploration and appraisal, field development, operation, and maintenance, through to decommissioning.

Icon Offshore Bhd (XKLS:5255) Headlines

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