Destini Bhd (XKLS:7212) Days Payable : 357.53 (As of Sep. 2023)

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What is Destini Bhd Days Payable?

Destini Bhd's average Accounts Payable for the three months ended in Sep. 2023 was RM57.8 Mil. Destini Bhd's Cost of Goods Sold for the three months ended in Sep. 2023 was RM14.7 Mil. Hence, Destini Bhd's Days Payable for the three months ended in Sep. 2023 was 357.53.

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

XKLS:7212' s Days Payable Range Over the Past 10 Years
Min: 40 Med: 90.78 Max: 302.97
Current: 178.88

During the past 13 years, Destini Bhd's highest Days Payable was 302.97. The lowest was 40.00. And the median was 90.78.

XKLS:7212's Days Payable is ranked better than
75.84% of 298 companies
in the Aerospace & Defense industry
Industry Median: 76.855 vs XKLS:7212: 178.88

Destini Bhd's Days Payable declined from Sep. 2022 (453.36) to Sep. 2023 (357.53). It may suggest that Destini Bhd accelerated paying its suppliers.

Destini Bhd Days Payable Historical Data

The historical data trend for Destini 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.

Destini Bhd Days Payable Chart

Destini Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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82.75

98.81

188.30

302.97

186.74

Destini Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															453.36	82.09	384.09	242.32	357.53

Competitive Comparison of Destini Bhd's Days Payable

For the Aerospace & Defense subindustry, Destini 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.

Destini Bhd's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Destini Bhd's Days Payable distribution charts can be found below:

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

Destini 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.

Destini Bhd's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (77.115	+	53.302)	/	2 )	/	127.455	*	365
=	65.2085					/	127.455	*	365
=	186.74

Destini Bhd's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (59.043	+	56.512)	/	2 )	/	14.746	*	365 / 4
=	57.7775					/	14.746	*	365 / 4
=	357.53

Destini Bhd Days Payable Related Terms

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Destini Bhd (XKLS:7212) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Destini Bhd (XKLS:7212) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 10 Jalan Jurunilai U1/20, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150

Website

https://www.destinigroup.com

Destini Bhd is engaged in the investment holding and provision of management services. The company operates through two segments. The Maintenance, repair, overhaul and training segment is involved in the support, replacement, and overhaul of aviation, automobile and safety and tabular handling equipment as well as providing training for the use of safety equipment. Its Marine construction segment consists of the development of shipbuilding and restoration and maintenance of vessels.

Destini Bhd (XKLS:7212) Headlines

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