Nova MSC Bhd (XKLS:0026) Days Payable : 139.41 (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Nova MSC Bhd Days Payable?

Nova MSC Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM10.85 Mil. Nova MSC Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM7.10 Mil. Hence, Nova MSC Bhd's Days Payable for the three months ended in Dec. 2023 was 139.41.

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

XKLS:0026' s Days Payable Range Over the Past 10 Years
Min: 16.3 Med: 47.26 Max: 409.34
Current: 107.19

During the past 13 years, Nova MSC Bhd's highest Days Payable was 409.34. The lowest was 16.30. And the median was 47.26.

XKLS:0026's Days Payable is ranked better than
70.8% of 2531 companies
in the Software industry
Industry Median: 50.16 vs XKLS:0026: 107.19

Nova MSC Bhd's Days Payable increased from Dec. 2022 (114.68) to Dec. 2023 (139.41). It may suggest that Nova MSC Bhd delayed paying its suppliers.

Nova MSC Bhd Days Payable Historical Data

The historical data trend for Nova MSC 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.

Nova MSC Bhd Days Payable Chart

Nova MSC Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

74.12

109.99

57.62

23.47

30.94

Nova MSC 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															114.68	79.26	71.69	122.91	139.41

Competitive Comparison of Nova MSC Bhd's Days Payable

For the Software - Application subindustry, Nova MSC 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.

Nova MSC Bhd's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Nova MSC Bhd's Days Payable distribution charts can be found below:

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

Nova MSC 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.

Nova MSC 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
=	( (2.529	+	2.757)	/	2 )	/	31.183	*	365
=	2.643					/	31.183	*	365
=	30.94

Nova MSC 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
=	( (10.268	+	11.438)	/	2 )	/	7.104	*	365 / 4
=	10.853					/	7.104	*	365 / 4
=	139.41

Nova MSC Bhd Days Payable Related Terms

Thank you for viewing the detailed overview of Nova MSC Bhd's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Nova MSC Bhd (XKLS:0026) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nova MSC Bhd (XKLS:0026) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0026PA.PFD:Malaysia

Address

No. 1, Medan Syed Putra Utara, Suite A-18-3, Northpoint, Mid Valley City, Tower A, Level 18, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200

Website

https://www.nova-hub.com

Nova MSC Bhd is an investment holding company. The company is engaged in software research and development and the provision of e-business solutions through the sale of application software and professional services for software customization and implementation. Its Geographical segments include Malaysia and Singapore. The products of the company include Pavo, which is an e-Government software that facilities the online submission of application documents; Avicenna, which is a fully integrated cloud-based system that takes care of the administrative needs, EyScan, a cloud-based platform that manages and executes SELENA+, system that performs automated retinal photo analysis and others.

Nova MSC Bhd (XKLS:0026) Headlines

No Headlines