Itmax System Bhd (XKLS:5309) Days Payable : 152.02 (As of Mar. 2024)

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What is Itmax System Bhd Days Payable?

Itmax System Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM26.8 Mil. Itmax System Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM16.1 Mil. Hence, Itmax System Bhd's Days Payable for the three months ended in Mar. 2024 was 152.02.

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

XKLS:5309' s Days Payable Range Over the Past 10 Years
Min: 119.98 Med: 378.26 Max: 543.74
Current: 138.82

During the past 5 years, Itmax System Bhd's highest Days Payable was 543.74. The lowest was 119.98. And the median was 378.26.

XKLS:5309's Days Payable is ranked better than
82.24% of 929 companies
in the Business Services industry
Industry Median: 46.74 vs XKLS:5309: 138.82

Itmax System Bhd's Days Payable increased from Mar. 2023 (133.96) to Mar. 2024 (152.02). It may suggest that Itmax System Bhd delayed paying its suppliers.

Itmax System Bhd Days Payable Historical Data

The historical data trend for Itmax System 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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Itmax System Bhd Days Payable Chart

Itmax System Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

378.26

543.74

411.45

222.70

119.98

Itmax System Bhd Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial								133.96	143.13	107.45	111.46	152.02

Competitive Comparison of Itmax System Bhd's Days Payable

For the Security & Protection Services subindustry, Itmax System 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.

Itmax System Bhd's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Itmax System Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Itmax System Bhd's Days Payable falls into.

Itmax System 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.

Itmax System 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
=	( (11.363	+	18.145)	/	2 )	/	44.884	*	365
=	14.754					/	44.884	*	365
=	119.98

Itmax System 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
=	( (18.145	+	35.474)	/	2 )	/	16.092	*	365 / 4
=	26.8095					/	16.092	*	365 / 4
=	152.02

Itmax System Bhd Days Payable Related Terms

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Itmax System Bhd (XKLS:5309) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Itmax System Bhd (XKLS:5309) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 30-G & 30-3, Jalan Radin Bagus 3, Seri Petaling, Kuala Lumpur, MYS, 57000

Website

https://www.itmax.com.my

Itmax System Bhd is principally involved in the business of supply and installation and provision of public space networked systems.

Itmax System Bhd (XKLS:5309) Headlines

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