Nova MSC Bhd (XKLS:0026) Days Payable: 148.70 (As of Mar. 2026) — 215% Above Median

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What is Nova MSC Bhd Days Payable?

Nova MSC Bhd XKLS:0026 -7.69% Days Payable is 148.70 as of Mar. 2026, which is 215% above its 10-year median of 47.26. The stock has 7 warning signs investors should review. Among 2,603 Software companies, Nova MSC Bhd ranks better than 76.72% on this metric.

Nova MSC Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM9.23 Mil. Nova MSC Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM5.67 Mil. Hence, Nova MSC Bhd's Days Payable for the three months ended in Mar. 2026 was 148.70.

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

XKLS:0026' s Days Payable Range Over the Past 10 Years
Min: 16.3   Med: 47.26   Max: 409.34
Current: 137.31

During the past 13 years, Nova MSC Bhd's highest Days Payable was 409.34. The lowest was 16.30. And the median was 47.26.

XKLS:0026's Days Payable is ranked better than
76.72% of 2603 companies
in the Software industry
Industry Median: 52.78 vs XKLS:0026: 137.31

Nova MSC Bhd's Days Payable increased from Mar. 2025 (130.24) to Mar. 2026 (148.70). It may suggest that Nova MSC Bhd delayed paying its suppliers.


Nova MSC Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Nova 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.

Nova MSC Bhd Days Payable Chart

Nova MSC Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.99 57.62 23.47 30.94 34.39

Nova MSC Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 130.24 132.78 148.51 115.58 148.70

XKLS:0026 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, Nova 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.


Nova MSC Bhd Days Payable vs Software Industry

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

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



Nova 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.

Nova MSC Bhd's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (2.757 + 2.813) / 2 ) / 29.557*365
=2.785 / 29.557*365
=34.39

Nova MSC Bhd's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (8.411 + 10.055) / 2 ) / 5.666*365 / 4
=9.233 / 5.666*365 / 4
=148.70

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 148.70 mean?
Nova MSC Bhd (XKLS:0026) has a Days Payable of 148.70 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nova MSC Bhd and its competitors. This is 215% above median its historical median of 47.26. Over the past decade, Nova MSC Bhd's Days Payable has ranged from 16.30 to 409.34. According to the industry distribution chart, Nova MSC Bhd ranks #606 out of 2603 companies in the Software industry, placing it in the top 23.3%.
Is Nova MSC Bhd's Days Payable too high?
Nova MSC Bhd's current Days Payable of 148.70 is 215% above median its 10-year median of 47.26. Over the past 10 years, this metric has ranged from a low of 16.30 to a high of 409.34. The Software industry median Days Payable is 52.78. Nova MSC Bhd's value of 148.70 is 181.7% above this industry median. Based on the distribution chart, Nova MSC Bhd ranks #606 out of 2603 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does Nova MSC Bhd's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Nova MSC Bhd ranks #606 out of 2603 companies for Days Payable. This places Nova MSC Bhd in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.78. Nova MSC Bhd's value of 148.70 is 181.7% above this benchmark. Historically, Nova MSC Bhd's own Days Payable has ranged from 16.30 to 409.34 over the past decade. While the company's 10-year median is 47.26 vs. the industry median of 52.78, Nova MSC Bhd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Software company?
The median Days Payable among Software companies is 52.78, based on 2,603 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nova MSC Bhd's current Days Payable of 148.70 is 181.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nova MSC Bhd and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova MSC Bhd's current Days Payable is 148.70, which is 215% above median its own 10-year median of 47.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova MSC Bhd stock overvalued right now?
Based on GuruFocus' analysis, Nova MSC Bhd (XKLS:0026) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.06 — trading 20% above its estimated fair value. The current Days Payable is 148.70, which is 215% above median its 10-year median of 47.26 and 181.7% above the Software industry median of 52.78. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Nova MSC Bhd (XKLS:0026), the current Days Payable is 148.70 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nova MSC Bhd Business Description

Address No. 1, Medan Syed Putra Utara, Suite A-18-3, Northpoint, Mid Valley City, Tower A, Level 18, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
Nova MSC Bhd is an investment holding company engaged in software research and development and the provision of e-business solutions through application software and professional services. The Group operates one segment, E-Business Solutions, covering software development, e-business solutions, and software-related consultancy services. Its products include Pavo for online submissions, Fornax for electronic plan checking, Vesalius for hospital functions, Avicenna for cloud-based patient management, EyScan for retinal photo analysis using SELENA+, and Dexie, a social robot for dementia care. The Company also provides consultancy, training, maintenance and customization services in Malaysia and Singapore.