Sersol Bhd (XKLS:0055) Days Payable: 113.11 (As of Mar. 2026) — 62% Above Median


What is Sersol Bhd Days Payable?

Sersol Bhd XKLS:0055 +14.29% Days Payable is 113.11 as of Mar. 2026, which is 62% above its 10-year median of 69.77. The stock has 4 warning signs investors should review. Among 1,555 Chemicals companies, Sersol Bhd ranks better than 62.96% on this metric.

Sersol Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM1.78 Mil. Sersol Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM1.44 Mil. Hence, Sersol Bhd's Days Payable for the three months ended in Mar. 2026 was 113.11.

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

XKLS:0055' s Days Payable Range Over the Past 10 Years
Min: 40.17   Med: 69.77   Max: 101.99
Current: 75.63

During the past 13 years, Sersol Bhd's highest Days Payable was 101.99. The lowest was 40.17. And the median was 69.77.

XKLS:0055's Days Payable is ranked better than
62.96% of 1555 companies
in the Chemicals industry
Industry Median: 59.95 vs XKLS:0055: 75.63

Sersol Bhd's Days Payable increased from Mar. 2025 (64.90) to Mar. 2026 (113.11). It may suggest that Sersol Bhd delayed paying its suppliers.


Sersol Bhd Days Payable Historical Data

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The historical data trend for Sersol 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.

Sersol Bhd Days Payable Chart

Sersol Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.37 72.54 40.17 60.63 73.44

Sersol Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 64.90 66.24 61.69 73.18 113.11

XKLS:0055 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Sersol 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.


Sersol Bhd Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sersol Bhd's Days Payable distribution charts can be found below:

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



Sersol 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.

Sersol Bhd's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (2.255 + 1.406) / 2 ) / 9.098*365
=1.8305 / 9.098*365
=73.44

Sersol 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
=( (1.879 + 1.681) / 2 ) / 1.436*365 / 4
=1.78 / 1.436*365 / 4
=113.11

* 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 113.11 mean?
Sersol Bhd (XKLS:0055) has a Days Payable of 113.11 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 Sersol Bhd and its competitors. This is 62% above median its historical median of 69.77. Over the past decade, Sersol Bhd's Days Payable has ranged from 40.17 to 101.99. According to the industry distribution chart, Sersol Bhd ranks #576 out of 1555 companies in the Chemicals industry, placing it in the top 37%.
Is Sersol Bhd's Days Payable too high?
Sersol Bhd's current Days Payable of 113.11 is 62% above median its 10-year median of 69.77. Over the past 10 years, this metric has ranged from a low of 40.17 to a high of 101.99. The Chemicals industry median Days Payable is 59.95. Sersol Bhd's value of 113.11 is 88.7% above this industry median. Based on the distribution chart, Sersol Bhd ranks #576 out of 1555 companies in the Chemicals industry, which is above the industry midpoint.
How does Sersol Bhd's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sersol Bhd ranks #576 out of 1555 companies for Days Payable. This puts Sersol Bhd in the upper half of its industry. The industry median Days Payable is 59.95. Sersol Bhd's value of 113.11 is 88.7% above this benchmark. Historically, Sersol Bhd's own Days Payable has ranged from 40.17 to 101.99 over the past decade. While the company's 10-year median is 69.77 vs. the industry median of 59.95, Sersol 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.95, based on 1,555 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. Sersol Bhd's current Days Payable of 113.11 is 88.7% 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 Sersol Bhd and its competitors. For the Chemicals industry, the median Days Payable is 59.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sersol Bhd's current Days Payable is 113.11, which is 62% above median its own 10-year median of 69.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sersol Bhd stock overvalued right now?
Based on GuruFocus' analysis, Sersol Bhd (XKLS:0055) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.04 — trading 20% below its estimated fair value. The current Days Payable is 113.11, which is 62% above median its 10-year median of 69.77 and 88.7% above the Chemicals industry median of 59.95. 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 Sersol Bhd (XKLS:0055), the current Days Payable is 113.11 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.

Sersol Bhd Business Description

Address No. 28, Jalan Canggih 1, Taman Perindustrian Cemerlang, Johor Darul Takzim, Ulu Tiram, JHR, MYS, 81800
Sersol Bhd is a Malaysian company which is principally involved in the coatings business relating to buildings, furniture, electrical and electronic products. The company operates through its geographical segment namely Malaysia and Thailand. Its Malaysia segment involved in manufacturing and selling of coatings, thinners and industrial chemical, investment holding and provision of management services and trading of architectural coating and wall surface finishing material. The Thailand segment manufactures and sales of coatings, thinners and industrial chemical. It derives a majority of revenue from Malaysia. There are three main operating segments, namely the plastic and metal coatings, decorative coatings segments and provision of money lending services.