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Jasa Kita Bhd (XKLS:8648) Days Payable : 0.55 (As of Dec. 2023)


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What is Jasa Kita Bhd Days Payable?

Jasa Kita Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM0.02 Mil. Jasa Kita Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM3.99 Mil. Hence, Jasa Kita Bhd's Days Payable for the three months ended in Dec. 2023 was 0.55.

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

XKLS:8648' s Days Payable Range Over the Past 10 Years
Min: 1.94   Med: 26.68   Max: 61.64
Current: 1.94

During the past 13 years, Jasa Kita Bhd's highest Days Payable was 61.64. The lowest was 1.94. And the median was 26.68.

XKLS:8648's Days Payable is ranked worse than
99.73% of 2928 companies
in the Industrial Products industry
Industry Median: 76.585 vs XKLS:8648: 1.94

Jasa Kita Bhd's Days Payable increased from Dec. 2022 (0.18) to Dec. 2023 (0.55). It may suggest that Jasa Kita Bhd delayed paying its suppliers.


Jasa Kita Bhd Days Payable Historical Data

The historical data trend for Jasa Kita 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.

Jasa Kita Bhd Days Payable Chart

Jasa Kita Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.90 14.85 17.79 10.81 6.73

Jasa Kita 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 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 0.18 4.51 4.69 0.38 0.55

Competitive Comparison of Jasa Kita Bhd's Days Payable

For the Tools & Accessories subindustry, Jasa Kita 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.


Jasa Kita Bhd's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jasa Kita Bhd's Days Payable distribution charts can be found below:

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



Jasa Kita 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.

Jasa Kita Bhd's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (0.297 + 0.32) / 2 ) / 16.737*365
=0.3085 / 16.737*365
=6.73

Jasa Kita 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
=( (0.024 + 0) / 1 ) / 3.989*365 / 4
=0.024 / 3.989*365 / 4
=0.55

* 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.


Jasa Kita Bhd Days Payable Related Terms

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Jasa Kita Bhd (XKLS:8648) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, 3rd Floor, Jalan Segambut, Kuala Lumpur, MYS, 51200
Jasa Kita Bhd is a management and investment holding company. The company's operating segment includes Distribution and trading; Logistics related services; Investment holding and others. The company generates maximum revenue from the Distribution and trading segment which includes trading of electric motors, power tools, engineering and other industrial equipment, automobile batteries, and related automotive industrial products. Geographically, it operates only in Malaysia. Some of its products include Digital Angle Measurer; Pc End Cap Oil Filter Wrench Set; Cordless Tapper; Angle Grinder Quick and others.

Jasa Kita Bhd (XKLS:8648) Headlines

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