Dancomech Holdings Bhd (XKLS:5276) Days Payable : 80.00 (As of Dec. 2024)

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What is Dancomech Holdings Bhd Days Payable?

Dancomech Holdings Bhd's average Accounts Payable for the three months ended in Dec. 2024 was RM38.7 Mil. Dancomech Holdings Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM44.1 Mil. Hence, Dancomech Holdings Bhd's Days Payable for the three months ended in Dec. 2024 was 80.00.

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

XKLS:5276' s Days Payable Range Over the Past 10 Years
Min: 48.91 Med: 64.58 Max: 80.91
Current: 79.4

During the past 10 years, Dancomech Holdings Bhd's highest Days Payable was 80.91. The lowest was 48.91. And the median was 64.58.

XKLS:5276's Days Payable is ranked better than
51.61% of 2945 companies
in the Industrial Products industry
Industry Median: 76.31 vs XKLS:5276: 79.40

Dancomech Holdings Bhd's Days Payable declined from Dec. 2023 (88.75) to Dec. 2024 (80.00). It may suggest that Dancomech Holdings Bhd accelerated paying its suppliers.

Dancomech Holdings Bhd Days Payable Historical Data

The historical data trend for Dancomech Holdings 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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Dancomech Holdings Bhd Days Payable Chart

Dancomech Holdings Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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51.28

59.80

75.49

69.36

75.70

Dancomech Holdings Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															88.75	83.05	83.08	75.51	80.00

Competitive Comparison of Dancomech Holdings Bhd's Days Payable

For the Pollution & Treatment Controls subindustry, Dancomech Holdings 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.

Dancomech Holdings Bhd's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dancomech Holdings Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Dancomech Holdings Bhd's Days Payable falls into.

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Dancomech Holdings 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.

Dancomech Holdings Bhd's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (28.896	+	42.225)	/	2 )	/	171.471	*	365
=	35.5605					/	171.471	*	365
=	75.70

Dancomech Holdings Bhd's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (35.08	+	42.225)	/	2 )	/	44.09	*	365 / 4
=	38.6525					/	44.09	*	365 / 4
=	80.00

Dancomech Holdings Bhd Days Payable Related Terms

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Dancomech Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dancomech Holdings Bhd (XKLS:5276) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 19, Jalan Pelukis U1/46, Temasya Industrial Park, Seksyen U1, Shah Alam, SGR, MYS, 40150

Website

https://www.dancomech.com.my

Dancomech Holdings Bhd is a Malaysia based investment holding company principally involved in the business of the Trading and distribution of process control equipment and measurement instruments; Manufacture of pumps; Provision of material handling system solutions; Metal Stamping and manufacturing of tools and dies; E&E engineering which involves Electrical, electronic and instrumentation engineering, contracting, commissioning and servicing. The group supplies the products to customers mainly involved in the palm oil and oleochemicals, oil and gas, and water and wastewater industries. It derives prime revenue from the Trading and distribution of process control equipment and measurement instruments segment.

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