Nextgreen Global Berhad (XKLS:7241) Days Payable : 646.20 (As of Dec. 2023)

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What is Nextgreen Global Berhad Days Payable?

Nextgreen Global Berhad's average Accounts Payable for the three months ended in Dec. 2023 was RM21.89 Mil. Nextgreen Global Berhad's Cost of Goods Sold for the three months ended in Dec. 2023 was RM3.09 Mil. Hence, Nextgreen Global Berhad's Days Payable for the three months ended in Dec. 2023 was 646.20.

The historical rank and industry rank for Nextgreen Global Berhad's Days Payable or its related term are showing as below:

XKLS:7241' s Days Payable Range Over the Past 10 Years
Min: 16.65 Med: 52.62 Max: 306.09
Current: 261.59

During the past 13 years, Nextgreen Global Berhad's highest Days Payable was 306.09. The lowest was 16.65. And the median was 52.62.

XKLS:7241's Days Payable is ranked better than
90.67% of 922 companies
in the Business Services industry
Industry Median: 47.71 vs XKLS:7241: 261.59

Nextgreen Global Berhad's Days Payable increased from Dec. 2022 (273.62) to Dec. 2023 (646.20). It may suggest that Nextgreen Global Berhad delayed paying its suppliers.

Nextgreen Global Berhad Days Payable Historical Data

The historical data trend for Nextgreen Global Berhad'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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Nextgreen Global Berhad Days Payable Chart

Nextgreen Global Berhad Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Dec20

Dec21

Dec22

Dec23

Days Payable

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50.85

134.81

170.72

298.19

306.09

Nextgreen Global Berhad Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															273.62	211.42	190.16	289.51	646.20

Competitive Comparison of Nextgreen Global Berhad's Days Payable

For the Specialty Business Services subindustry, Nextgreen Global Berhad'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.

Nextgreen Global Berhad's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Nextgreen Global Berhad's Days Payable distribution charts can be found below:

* The bar in red indicates where Nextgreen Global Berhad's Days Payable falls into.

Nextgreen Global Berhad 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.

Nextgreen Global Berhad'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
=	( (19.14	+	19.779)	/	2 )	/	23.205	*	365
=	19.4595					/	23.205	*	365
=	306.09

Nextgreen Global Berhad'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
=	( (24	+	19.779)	/	2 )	/	3.091	*	365 / 4
=	21.8895					/	3.091	*	365 / 4
=	646.20

Nextgreen Global Berhad Days Payable Related Terms

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Nextgreen Global Berhad (XKLS:7241) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Nextgreen Global Berhad (XKLS:7241) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan Wan Kadir, Level 6-02, Menara LGB, Taman Tun Dr Ismail, Kuala Lumpur, SGR, MYS, 60000

Website

https://www.nextgreenglobal.com

Nextgreen Global Berhad is an investment holding company. It is engaged in the printing of magazines, general publications, directories, company annual reports, as well as brochures and pamphlets. The company is organized into five reportable segments comprising Printing and Publishing, Manufacturing, Property and construction, Investment Holding and Utility and Renewable energy. The revenue is generated mainly from Property and construction segment. Its primary geographic markets are Malaysia, Nigeria, Kenya, and the Republic of Palau.

Nextgreen Global Berhad (XKLS:7241) Headlines

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