Ekovest Bhd (XKLS:8877) Days Payable : 320.97 (As of Dec. 2023)

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What is Ekovest Bhd Days Payable?

Ekovest Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM737 Mil. Ekovest Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM210 Mil. Hence, Ekovest Bhd's Days Payable for the three months ended in Dec. 2023 was 320.97.

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

XKLS:8877' s Days Payable Range Over the Past 10 Years
Min: 85.32 Med: 186.44 Max: 438.91
Current: 405.78

During the past 13 years, Ekovest Bhd's highest Days Payable was 438.91. The lowest was 85.32. And the median was 186.44.

XKLS:8877's Days Payable is ranked better than
92.89% of 1603 companies
in the Construction industry
Industry Median: 75.22 vs XKLS:8877: 405.78

Ekovest Bhd's Days Payable declined from Dec. 2022 (371.85) to Dec. 2023 (320.97). It may suggest that Ekovest Bhd accelerated paying its suppliers.

Ekovest Bhd Days Payable Historical Data

The historical data trend for Ekovest 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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Ekovest Bhd Days Payable Chart

Ekovest Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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183.87

189.01

218.27

438.91

322.95

Ekovest 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															371.85	791.21	320.19	366.98	320.97

Competitive Comparison of Ekovest Bhd's Days Payable

For the Engineering & Construction subindustry, Ekovest 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.

Ekovest Bhd's Days Payable Distribution in the Construction Industry

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

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

Ekovest 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.

Ekovest 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
=	( (646.718	+	670.653)	/	2 )	/	744.443	*	365
=	658.6855					/	744.443	*	365
=	322.95

Ekovest 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
=	( (643.586	+	830.393)	/	2 )	/	209.525	*	365 / 4
=	736.9895					/	209.525	*	365 / 4
=	320.97

Ekovest Bhd Days Payable Related Terms

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Ekovest Bhd (XKLS:8877) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ekovest Bhd (XKLS:8877) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 118 Jalan Gombak, Ground Floor, Wisma Ekovest, Kuala Lumpur, SGR, MYS, 53000

Website

https://www.ekovest.com.my

Ekovest Bhd is a Malaysia-based company principally engaged in investment holding and civil engineering and building works. The group's operating segments are business units engaging in providing different products and services including Construction operations, Property development, Toll Operations, Plantation; Food and beverages; Property investment, and Others. The operations of the group are entirely carried out in Malaysia with the majority of the revenue generated from Construction operations.

Ekovest Bhd (XKLS:8877) Headlines

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