CTOS Digital Bhd (XKLS:5301) Days Payable : 169.86 (As of Mar. 2024)

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What is CTOS Digital Bhd Days Payable?

CTOS Digital Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM35.7 Mil. CTOS Digital Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM19.2 Mil. Hence, CTOS Digital Bhd's Days Payable for the three months ended in Mar. 2024 was 169.86.

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

XKLS:5301' s Days Payable Range Over the Past 10 Years
Min: 29.51 Med: 45.14 Max: 180.37
Current: 180.37

During the past 6 years, CTOS Digital Bhd's highest Days Payable was 180.37. The lowest was 29.51. And the median was 45.14.

XKLS:5301's Days Payable is ranked better than
81.95% of 2526 companies
in the Software industry
Industry Median: 49.695 vs XKLS:5301: 180.37

CTOS Digital Bhd's Days Payable increased from Mar. 2023 (139.61) to Mar. 2024 (169.86). It may suggest that CTOS Digital Bhd delayed paying its suppliers.

CTOS Digital Bhd Days Payable Historical Data

The historical data trend for CTOS Digital 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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CTOS Digital Bhd Days Payable Chart

CTOS Digital Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

29.51

39.23

50.58

69.55

95.58

CTOS Digital Bhd Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial													139.61	192.51	194.08	144.80	169.86

Competitive Comparison of CTOS Digital Bhd's Days Payable

For the Software - Application subindustry, CTOS Digital 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.

CTOS Digital Bhd's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, CTOS Digital Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where CTOS Digital Bhd's Days Payable falls into.

CTOS Digital 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.

CTOS Digital 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
=	( (8.351	+	23.357)	/	2 )	/	60.544	*	365
=	15.854					/	60.544	*	365
=	95.58

CTOS Digital Bhd's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (23.357	+	47.987)	/	2 )	/	19.163	*	365 / 4
=	35.672					/	19.163	*	365 / 4
=	169.86

CTOS Digital Bhd Days Payable Related Terms

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CTOS Digital Bhd (XKLS:5301) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CTOS Digital Bhd (XKLS:5301) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bangsar South, No. 8, Jalan Kerinchi, Vertical Business Suite, Avenue 3, Unit 01-12, Level 8, Tower A,, Kuala Lumpur, MYS, 59200

Website

https://www.ctosdigital.com

CTOS Digital Bhd provide credit information and analytics digital solutions on companies, businesses and consumers for use by banks and businesses at each stage of the customer lifecycle and provide credit information and analysis to consumers. It serve three types of customers, namely Key Accounts, Commercial and Direct-to-Consumer. The company's geographical segments include Malaysia and International.

CTOS Digital Bhd (XKLS:5301) Headlines

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