Eduspec Holdings Bhd (XKLS:0107) Days Payable : 40.37 (As of Nov. 2023)

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What is Eduspec Holdings Bhd Days Payable?

Eduspec Holdings Bhd's average Accounts Payable for the three months ended in Nov. 2023 was RM0.93 Mil. Eduspec Holdings Bhd's Cost of Goods Sold for the three months ended in Nov. 2023 was RM2.09 Mil. Hence, Eduspec Holdings Bhd's Days Payable for the three months ended in Nov. 2023 was 40.37.

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

XKLS:0107' s Days Payable Range Over the Past 10 Years
Min: 16.62 Med: 60.29 Max: 94.06
Current: 45.43

During the past 13 years, Eduspec Holdings Bhd's highest Days Payable was 94.06. The lowest was 16.62. And the median was 60.29.

XKLS:0107's Days Payable is ranked better than
58.22% of 213 companies
in the Education industry
Industry Median: 37.29 vs XKLS:0107: 45.43

Eduspec Holdings Bhd's Days Payable declined from Nov. 2022 (92.09) to Nov. 2023 (40.37). It may suggest that Eduspec Holdings Bhd accelerated paying its suppliers.

Eduspec Holdings Bhd Days Payable Historical Data

The historical data trend for Eduspec Holdings 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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Eduspec Holdings Bhd Days Payable Chart

Eduspec Holdings Bhd Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Feb20

Feb21

Feb22

Feb23

Days Payable

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51.88

61.76

94.06

69.33

58.82

Eduspec Holdings Bhd Quarterly Data
	Dec18	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Payable	Get a 7-Day Free Trial															92.09	29.09	75.60	72.15	40.37

Competitive Comparison of Eduspec Holdings Bhd's Days Payable

For the Education & Training Services subindustry, Eduspec Holdings 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.

Eduspec Holdings Bhd's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Eduspec Holdings Bhd's Days Payable distribution charts can be found below:

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

Eduspec Holdings 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.

Eduspec Holdings Bhd's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

	Days Payable (A: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2022 )	+	Accounts Payable (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (0.977	+	0.883)	/	2 )	/	5.771	*	365
=	0.93					/	5.771	*	365
=	58.82

Eduspec Holdings Bhd's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (1.004	+	0.846)	/	2 )	/	2.091	*	365 / 4
=	0.925					/	2.091	*	365 / 4
=	40.37

Eduspec Holdings Bhd Days Payable Related Terms

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Eduspec Holdings Bhd (XKLS:0107) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Eduspec Holdings Bhd (XKLS:0107) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10, Jalan 15/22, Tiong Nam Industrial Park, Section 15, Darul Ehsan, Shah Alam, SGR, MYS, 40200

Website

https://www.eduspec.com.my

Eduspec Holdings Bhd provides consultancy, building teaching capacity, and deploying information technology systems in schools. It also offers online and learning education programs.

Eduspec Holdings Bhd (XKLS:0107) Headlines

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