MMM Group Bhd (XKLS:0159) Days Payable : 7.11 (As of Dec. 2023)

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What is MMM Group Bhd Days Payable?

MMM Group Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM0.11 Mil. MMM Group Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM1.43 Mil. Hence, MMM Group Bhd's Days Payable for the three months ended in Dec. 2023 was 7.11.

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

XKLS:0159' s Days Payable Range Over the Past 10 Years
Min: 2.08 Med: 32.12 Max: 134.63
Current: 6.52

During the past 11 years, MMM Group Bhd's highest Days Payable was 134.63. The lowest was 2.08. And the median was 32.12.

XKLS:0159's Days Payable is ranked worse than
96.56% of 929 companies
in the Media - Diversified industry
Industry Median: 78.37 vs XKLS:0159: 6.52

MMM Group Bhd's Days Payable increased from Dec. 2022 (2.07) to Dec. 2023 (7.11). It may suggest that MMM Group Bhd delayed paying its suppliers.

MMM Group Bhd Days Payable Historical Data

The historical data trend for MMM Group 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.

MMM Group Bhd Days Payable Chart

MMM Group Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Mar22

Mar23

Days Payable

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121.81

38.31

19.61

31.38

2.08

MMM Group Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															2.07	1.85	3.54	3.48	7.11

Competitive Comparison of MMM Group Bhd's Days Payable

For the Advertising Agencies subindustry, MMM Group 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.

MMM Group Bhd's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MMM Group Bhd's Days Payable distribution charts can be found below:

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

MMM Group 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.

MMM Group Bhd's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0	+	0.032)	/	1 )	/	5.602	*	365
=	0.032					/	5.602	*	365
=	2.08

MMM Group 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
=	( (0.035	+	0.188)	/	2 )	/	1.43	*	365 / 4
=	0.1115					/	1.43	*	365 / 4
=	7.11

MMM Group Bhd Days Payable Related Terms

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MMM Group Bhd (XKLS:0159) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MMM Group Bhd (XKLS:0159) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1B, Jalan Yong Shook Lin, Seksyen 7f, Level 15, Unit 15-2, Menara Choy Fook On, Petaling Jaya, SGR, MYS, 46050

Website

https://www.asiamedia.my

Asia Media Group Bhd operates as an investment holding company, which provides media services. The company involved in the Digital Out-of-Home advertising industry and a wholly-owned subsidiary of Asia Media Group Berhad. The firm focuses on transit media advertising, allowing its clients to target users of public transportation in Malaysia by providing infotainments, advertisements, and contents via its Transit-TV Network System. It operates through the following segments: Investment holding and Multimedia advertising services, media communications. Geographically company generates the majority of its revenue from Malaysia.

MMM Group Bhd (XKLS:0159) Headlines

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