Velocity Capital Partner Bhd (XKLS:7165) Days Payable : 87.83 (As of Dec. 2023)

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What is Velocity Capital Partner Bhd Days Payable?

Velocity Capital Partner Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM13.99 Mil. Velocity Capital Partner Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM14.53 Mil. Hence, Velocity Capital Partner Bhd's Days Payable for the three months ended in Dec. 2023 was 87.83.

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

XKLS:7165' s Days Payable Range Over the Past 10 Years
Min: 25.29 Med: 107.54 Max: 556.46
Current: 71.97

During the past 13 years, Velocity Capital Partner Bhd's highest Days Payable was 556.46. The lowest was 25.29. And the median was 107.54.

XKLS:7165's Days Payable is ranked worse than
51.75% of 1604 companies
in the Construction industry
Industry Median: 74.31 vs XKLS:7165: 71.97

Velocity Capital Partner Bhd's Days Payable increased from Dec. 2022 (50.98) to Dec. 2023 (87.83). It may suggest that Velocity Capital Partner Bhd delayed paying its suppliers.

Velocity Capital Partner Bhd Days Payable Historical Data

The historical data trend for Velocity Capital Partner 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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Velocity Capital Partner Bhd Days Payable Chart

Velocity Capital Partner Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

283.59

556.46

178.78

46.43

50.60

Velocity Capital Partner 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															50.98	53.12	37.07	76.52	87.83

Competitive Comparison of Velocity Capital Partner Bhd's Days Payable

For the Building Products & Equipment subindustry, Velocity Capital Partner 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.

Velocity Capital Partner Bhd's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Velocity Capital Partner Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Velocity Capital Partner Bhd's Days Payable falls into.

Velocity Capital Partner 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.

Velocity Capital Partner Bhd's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (5.782	+	3.006)	/	2 )	/	31.696	*	365
=	4.394					/	31.696	*	365
=	50.60

Velocity Capital Partner 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
=	( (12.116	+	15.858)	/	2 )	/	14.531	*	365 / 4
=	13.987					/	14.531	*	365 / 4
=	87.83

Velocity Capital Partner Bhd Days Payable Related Terms

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Velocity Capital Partner Bhd (XKLS:7165) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Velocity Capital Partner Bhd (XKLS:7165) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 2, No 3, Jalan TP 2, Taman Perindustrian UEP, Subang Jaya, SGR, MYS, 47600

Website

https://www.cshalliance.com.my

Velocity Capital Partner Bhd formerly CSH Alliance Bhd is an investment holding company. The company's operating segment includes Ceramic; Construction and Property; Financial services; Transportation and logistics and Others. It generates maximum revenue from the Transportation and logistics segment. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in Europe; the United States, and other Countries.

Velocity Capital Partner Bhd (XKLS:7165) Headlines

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