MMAG Holdings Bhd (XKLS:0034) Days Payable: 45.75 (As of Mar. 2026) — 85% Above Median


What is MMAG Holdings Bhd Days Payable?

MMAG Holdings Bhd XKLS:0034 Days Payable is 45.75 as of Mar. 2026, which is 85% above its 10-year median of 24.74. The stock has 2 warning signs investors should review. Among 2,605 Software companies, MMAG Holdings Bhd ranks worse than 62.07% on this metric.

MMAG Holdings Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM87.7 Mil. MMAG Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM174.9 Mil. Hence, MMAG Holdings Bhd's Days Payable for the three months ended in Mar. 2026 was 45.75.

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

XKLS:0034' s Days Payable Range Over the Past 10 Years
Min: 4.22   Med: 24.74   Max: 59.96
Current: 36.74

During the past 13 years, MMAG Holdings Bhd's highest Days Payable was 59.96. The lowest was 4.22. And the median was 24.74.

XKLS:0034's Days Payable is ranked worse than
62.07% of 2605 companies
in the Software industry
Industry Median: 52.79 vs XKLS:0034: 36.74

MMAG Holdings Bhd's Days Payable increased from Mar. 2025 (22.78) to Mar. 2026 (45.75). It may suggest that MMAG Holdings Bhd delayed paying its suppliers.


MMAG Holdings Bhd Days Payable Historical Data

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The historical data trend for MMAG Holdings 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.

MMAG Holdings Bhd Days Payable Chart

MMAG Holdings Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.22 9.65 17.37 26.37 23.11

MMAG Holdings Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 22.78 32.72 41.95 38.04 45.75

XKLS:0034 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, MMAG Holdings 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.


MMAG Holdings Bhd Days Payable vs Software Industry

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

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



MMAG Holdings 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.

MMAG Holdings Bhd's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (33.07 + 74.91) / 2 ) / 852.548*365
=53.99 / 852.548*365
=23.11

MMAG Holdings 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
=( (87.719 + 0) / 1 ) / 174.946*365 / 4
=87.719 / 174.946*365 / 4
=45.75

* 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 45.75 mean?
MMAG Holdings Bhd (XKLS:0034) has a Days Payable of 45.75 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 MMAG Holdings Bhd and its competitors. This is 85% above median its historical median of 24.74. Over the past decade, MMAG Holdings Bhd's Days Payable has ranged from 4.22 to 59.96. According to the industry distribution chart, MMAG Holdings Bhd ranks #1617 out of 2605 companies in the Software industry, placing it in the top 62.1%.
Is MMAG Holdings Bhd's Days Payable too high?
MMAG Holdings Bhd's current Days Payable of 45.75 is 85% above median its 10-year median of 24.74. Over the past 10 years, this metric has ranged from a low of 4.22 to a high of 59.96. The Software industry median Days Payable is 52.79. MMAG Holdings Bhd's value of 45.75 is 13.3% below this industry median. Based on the distribution chart, MMAG Holdings Bhd ranks #1617 out of 2605 companies in the Software industry, which is below the industry midpoint.
How does MMAG Holdings Bhd's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, MMAG Holdings Bhd ranks #1617 out of 2605 companies for Days Payable. This places MMAG Holdings Bhd in the lower half of its industry. The industry median Days Payable is 52.79. MMAG Holdings Bhd's value of 45.75 is 13.3% below this benchmark. Historically, MMAG Holdings Bhd's own Days Payable has ranged from 4.22 to 59.96 over the past decade. While the company's 10-year median is 24.74 vs. the industry median of 52.79, MMAG Holdings Bhd has consistently been below 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 52.79, based on 2,605 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. MMAG Holdings Bhd's current Days Payable of 45.75 is 13.3% below 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 MMAG Holdings Bhd and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MMAG Holdings Bhd's current Days Payable is 45.75, which is 85% above median its own 10-year median of 24.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MMAG Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, MMAG Holdings Bhd (XKLS:0034) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.06, compared to a current price of RM0.03 — trading 50% below its estimated fair value. The current Days Payable is 45.75, which is 85% above median its 10-year median of 24.74 and 13.3% below the Software industry median of 52.79. 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 MMAG Holdings Bhd (XKLS:0034), the current Days Payable is 45.75 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.

MMAG Holdings Bhd Business Description

Address No. 3, Jalan TP2, Taman Perindustrian UEP, Subang Jaya, SGR, MYS, 47600
MMAG Holdings Bhd is a Malaysia-based company engaged in investment holding. The company's operating segment includes Mobile and fulfillment; Courier and Logistic Services, Air freight and Others. It generates maximum revenue from the Mobile and fulfilments segment. The mobile and fulfilments segment includes distribution of smart devices, mobile operator's strategic 3PL and 4PL partners, fulfillment system and fulfilments marketplace providers and mobile retail stores. The Logistic services segment provides courier and delivery services. Air freight segment includes Provision of air cargo services. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Singapore.