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DGB Asia Bhd (XKLS:0152) Days Payable : 33.12 (As of Dec. 2023)


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What is DGB Asia Bhd Days Payable?

DGB Asia Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM2.96 Mil. DGB Asia Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM8.14 Mil. Hence, DGB Asia Bhd's Days Payable for the three months ended in Dec. 2023 was 33.12.

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

XKLS:0152' s Days Payable Range Over the Past 10 Years
Min: 29.59   Med: 46.89   Max: 128.27
Current: 54.68

During the past 12 years, DGB Asia Bhd's highest Days Payable was 128.27. The lowest was 29.59. And the median was 46.89.

XKLS:0152's Days Payable is ranked better than
52.25% of 2532 companies
in the Software industry
Industry Median: 50.275 vs XKLS:0152: 54.68

DGB Asia Bhd's Days Payable increased from Dec. 2022 (30.12) to Dec. 2023 (33.12). It may suggest that DGB Asia Bhd delayed paying its suppliers.


DGB Asia Bhd Days Payable Historical Data

The historical data trend for DGB Asia 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.

DGB Asia Bhd Days Payable Chart

DGB Asia Bhd Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 128.27 126.03 68.18 59.56 42.32

DGB Asia Bhd Quarterly Data
Jun18 Dec18 Mar19 Jun19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.12 73.88 79.75 63.48 33.12

Competitive Comparison of DGB Asia Bhd's Days Payable

For the Software - Application subindustry, DGB Asia 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.


DGB Asia Bhd's Days Payable Distribution in the Software Industry

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

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



DGB Asia 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.

DGB Asia 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
=( (3.244 + 1.977) / 2 ) / 22.516*365
=2.6105 / 22.516*365
=42.32

DGB Asia 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
=( (3.933 + 1.977) / 2 ) / 8.141*365 / 4
=2.955 / 8.141*365 / 4
=33.12

* 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.


DGB Asia Bhd Days Payable Related Terms

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DGB Asia Bhd (XKLS:0152) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Persiaran Tropicana, Lot 13.5, 13th Floor, Menara Lien Hoe, Petaling Jaya, SGR, MYS, 47410
DGB Asia Bhd is an investment holding company. It is involved in the development and provision of software and engineering consultancy for Automated Identification and Data Collection (AIDC) and investment holding. The company operating segments include Proprietary software, Value-added products and services, Automatic Identification and Data Collection (AIDC) hardware/equipment, and Leisure and hospitality. The group has a business presence in Malaysia, Taiwan, and Thailand.

DGB Asia Bhd (XKLS:0152) Headlines

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