AppAsia Bhd (XKLS:0119) Days Payable : 12.64 (As of Dec. 2023)

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What is AppAsia Bhd Days Payable?

AppAsia Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM0.52 Mil. AppAsia Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM3.76 Mil. Hence, AppAsia Bhd's Days Payable for the three months ended in Dec. 2023 was 12.64.

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

XKLS:0119' s Days Payable Range Over the Past 10 Years
Min: 1.32 Med: 16.39 Max: 129.25
Current: 10.21

During the past 13 years, AppAsia Bhd's highest Days Payable was 129.25. The lowest was 1.32. And the median was 16.39.

XKLS:0119's Days Payable is ranked worse than
91.39% of 2531 companies
in the Software industry
Industry Median: 50.16 vs XKLS:0119: 10.21

AppAsia Bhd's Days Payable increased from Dec. 2022 (5.15) to Dec. 2023 (12.64). It may suggest that AppAsia Bhd delayed paying its suppliers.

AppAsia Bhd Days Payable Historical Data

The historical data trend for AppAsia 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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AppAsia Bhd Days Payable Chart

AppAsia Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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3.32

2.22

2.10

1.32

13.31

AppAsia 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															5.15	8.75	9.17	7.27	12.64

Competitive Comparison of AppAsia Bhd's Days Payable

For the Software - Application subindustry, AppAsia 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.

AppAsia Bhd's Days Payable Distribution in the Software Industry

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

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

AppAsia 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.

AppAsia 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
=	( (0.322	+	0.598)	/	2 )	/	12.618	*	365
=	0.46					/	12.618	*	365
=	13.31

AppAsia 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
=	( (0.444	+	0.598)	/	2 )	/	3.76	*	365 / 4
=	0.521					/	3.76	*	365 / 4
=	12.64

AppAsia Bhd Days Payable Related Terms

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AppAsia Bhd (XKLS:0119) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AppAsia Bhd (XKLS:0119) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 105 Jalan Ampang, 1-40-1, Menara Bangkok Bank, Berjaya Central Park, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50450

Website

https://www.appasia.com

AppAsia Bhd is an investment holding company. Through its subsidiaries, the company operates in the segments of Investment holding, E-Commerce Business, Digital solutions Business, and other. Investment holding includes management services, E-Commerce Business segment engages in the research, development, and operation of the e-commerce websites and mobile applications. Digital solutions business provides e-media technologies. Geographically, the group operates in Malaysia and United States, of which key revenue is derived from Malaysia.

AppAsia Bhd (XKLS:0119) Headlines

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