MMS Ventures Bhd (XKLS:0113) Days Payable : 38.21 (As of Dec. 2023)

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What is MMS Ventures Bhd Days Payable?

MMS Ventures Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM1.57 Mil. MMS Ventures Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM3.74 Mil. Hence, MMS Ventures Bhd's Days Payable for the three months ended in Dec. 2023 was 38.21.

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

XKLS:0113' s Days Payable Range Over the Past 10 Years
Min: 30.91 Med: 38.09 Max: 65.46
Current: 59.86

During the past 13 years, MMS Ventures Bhd's highest Days Payable was 65.46. The lowest was 30.91. And the median was 38.09.

XKLS:0113's Days Payable is ranked better than
57.51% of 965 companies
in the Semiconductors industry
Industry Median: 51.92 vs XKLS:0113: 59.86

MMS Ventures Bhd's Days Payable increased from Dec. 2022 (35.30) to Dec. 2023 (38.21). It may suggest that MMS Ventures Bhd delayed paying its suppliers.

MMS Ventures Bhd Days Payable Historical Data

The historical data trend for MMS Ventures 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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MMS Ventures Bhd Days Payable Chart

MMS Ventures Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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49.68

55.58

50.30

37.52

30.99

MMS Ventures 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															35.30	53.37	103.29	82.15	38.21

Competitive Comparison of MMS Ventures Bhd's Days Payable

For the Semiconductor Equipment & Materials subindustry, MMS Ventures 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.

MMS Ventures Bhd's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, MMS Ventures Bhd's Days Payable distribution charts can be found below:

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

MMS Ventures 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.

MMS Ventures Bhd's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2.091	+	0.519)	/	2 )	/	15.37	*	365
=	1.305					/	15.37	*	365
=	30.99

MMS Ventures 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
=	( (2.616	+	0.519)	/	2 )	/	3.743	*	365 / 4
=	1.5675					/	3.743	*	365 / 4
=	38.21

MMS Ventures Bhd Days Payable Related Terms

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MMS Ventures Bhd (XKLS:0113) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » MMS Ventures Bhd (XKLS:0113) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 84A, Lintang Bayan Lepas 9, Bayan Lepas Industrial Park, Phase 4, Bayan Lepas, PNG, MYS, 11900

Website

https://www.mmsv.com.my

MMS Ventures Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the company is involved in the design and manufacture of LED and Semiconductor Industrial Automation Systems and Machinery. The business activity of the group functions through the Manufacture of automated systems and machinery; and the Development of software segments. Geographically, the business presence of the entity is seen across the regions of Asia, America, Europe, Malaysia, and Australia, of which prime revenue is derived from Malaysia and America.

MMS Ventures Bhd (XKLS:0113) Headlines

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