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V.S Industry Bhd (XKLS:6963) Days Payable : 72.38 (As of Jan. 2024)


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What is V.S Industry Bhd Days Payable?

V.S Industry Bhd's average Accounts Payable for the three months ended in Jan. 2024 was RM670 Mil. V.S Industry Bhd's Cost of Goods Sold for the three months ended in Jan. 2024 was RM844 Mil. Hence, V.S Industry Bhd's Days Payable for the three months ended in Jan. 2024 was 72.38.

The historical rank and industry rank for V.S Industry Bhd's Days Payable or its related term are showing as below:

XKLS:6963' s Days Payable Range Over the Past 10 Years
Min: 54.77   Med: 65.59   Max: 74.39
Current: 64.49

During the past 13 years, V.S Industry Bhd's highest Days Payable was 74.39. The lowest was 54.77. And the median was 65.59.

XKLS:6963's Days Payable is ranked worse than
53.36% of 2423 companies
in the Hardware industry
Industry Median: 67.77 vs XKLS:6963: 64.49

V.S Industry Bhd's Days Payable declined from Jan. 2023 (75.20) to Jan. 2024 (72.38). It may suggest that V.S Industry Bhd accelerated paying its suppliers.


V.S Industry Bhd Days Payable Historical Data

The historical data trend for V.S Industry 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.

* Premium members only.

V.S Industry Bhd Days Payable Chart

V.S Industry Bhd Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.23 63.90 60.13 69.65 54.77

V.S Industry Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.20 73.15 55.69 58.30 72.38

Competitive Comparison of V.S Industry Bhd's Days Payable

For the Electronic Components subindustry, V.S Industry 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.


V.S Industry Bhd's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, V.S Industry Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where V.S Industry Bhd's Days Payable falls into.



V.S Industry 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.

V.S Industry Bhd's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

Days Payable (A: Jul. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2022 ) + Accounts Payable (A: Jul. 2023 )) / count ) / Cost of Goods Sold (A: Jul. 2023 )*Days in Period
=( (647.981 + 600.87) / 2 ) / 4161.394*365
=624.4255 / 4161.394*365
=54.77

V.S Industry Bhd's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (749.409 + 590.164) / 2 ) / 844.46*365 / 4
=669.7865 / 844.46*365 / 4
=72.38

* 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.


V.S Industry Bhd Days Payable Related Terms

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V.S Industry Bhd (XKLS:6963) Business Description

Traded in Other Exchanges
N/A
Address
No. 88 Jalan I-Park SAC 5, Taman Perindustrian I-Park SAC, Senai, JHR, MYS, 81400
V.S Industry Bhd is engaged in the manufacturing, assembling, and sale of electronic and electrical products and plastic moulded components and parts. It is an integrated Electronics Manufacturing Services (EMS) provider in the region. The manufacturing services include plastic injection mould design and fabrication, a wide range of injection tonnage and finishing processes, large-scale production of printed circuit boards, automated assembly, and final processes of packaging and logistics. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in the United States of America, Europe, Indonesia, Singapore, the People's Republic of China, and others.

V.S Industry Bhd (XKLS:6963) Headlines

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