Mikro MSC Bhd (XKLS:0112) Days Payable : 76.71 (As of Dec. 2023)

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What is Mikro MSC Bhd Days Payable?

Mikro MSC Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM7.75 Mil. Mikro MSC Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM9.22 Mil. Hence, Mikro MSC Bhd's Days Payable for the three months ended in Dec. 2023 was 76.71.

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

XKLS:0112' s Days Payable Range Over the Past 10 Years
Min: 20.21 Med: 35.61 Max: 75.51
Current: 75.51

During the past 13 years, Mikro MSC Bhd's highest Days Payable was 75.51. The lowest was 20.21. And the median was 35.61.

XKLS:0112's Days Payable is ranked worse than
51.13% of 2932 companies
in the Industrial Products industry
Industry Median: 76.415 vs XKLS:0112: 75.51

Mikro MSC Bhd's Days Payable declined from Dec. 2022 (87.56) to Dec. 2023 (76.71). It may suggest that Mikro MSC Bhd accelerated paying its suppliers.

Mikro MSC Bhd Days Payable Historical Data

The historical data trend for Mikro 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.

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Mikro MSC Bhd Days Payable Chart

Mikro MSC Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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27.37

20.21

43.95

65.58

54.71

Mikro 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															87.56	110.72	51.56	61.42	76.71

Competitive Comparison of Mikro MSC Bhd's Days Payable

For the Electrical Equipment & Parts subindustry, Mikro 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.

Mikro MSC Bhd's Days Payable Distribution in the Industrial Products Industry

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

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

Mikro 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.

Mikro MSC 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
=	( (5.899	+	5.103)	/	2 )	/	36.699	*	365
=	5.501					/	36.699	*	365
=	54.71

Mikro 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
=	( (7.717	+	7.791)	/	2 )	/	9.224	*	365 / 4
=	7.754					/	9.224	*	365 / 4
=	76.71

Mikro MSC Bhd Days Payable Related Terms

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

Mikro MSC Bhd (XKLS:0112) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mikro MSC Bhd (XKLS:0112) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Jalan Anggerik Mokara, 31/48 Seksyen 31, Kota Kemuning, Shah Alam, SGR, MYS, 40460

Website

http://www.itmikro.com

Mikro MSC Bhd is engaged in the research, development, and design of analogue, digital and computer-controlled electronic systems or devices for use in electrical, electronic and other industries and provision of technical and maintenance services. The company offers products and services, including combined overcurrent and earth fault relays; overcurrent relays; earth fault relays; earth leakage relays; earth leakage system; metering solutions; voltage relays; reverse power relay; power factor regulator; annunciator; motor protection relay, and capacitor and reactor. Geographically, it derives a majority of revenue from Malaysia.

Mikro MSC Bhd (XKLS:0112) Headlines

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