Green Ocean BhdXKLS:0074 Days Payable is 122.79 as of Mar. 2026, which is 161% above its 10-year median of 47.10. The stock has 3 warning signs investors should review. Among 1,881 Consumer Packaged Goods companies, Green Ocean Bhd ranks better than 88.73% on this metric.
The historical rank and industry rank for Green Ocean Bhd's Days Payable or its related term are showing as below:
XKLS:0074'
s Days Payable Range Over the Past 10 Years
Min: 1.72 Med: 47.1 Max: 140.73
Current: 130.52
During the past 13 years, Green Ocean Bhd's highest Days Payable was 140.73. The lowest was 1.72. And the median was 47.10.
XKLS:0074's Days Payable is ranked better than 88.73% of 1881
companies
in the Consumer Packaged Goods industry
Industry Median: 44.14
vs XKLS:0074: 130.52
Green Ocean Bhd's Days Payable
declined
from Mar. 2025 (219.03) to Mar. 2026 (122.79).
It may suggest that Green Ocean Bhdaccelerated paying its suppliers.
Green Ocean Bhd Days Payable Related Terms
Green Ocean Bhd Days Payable Historical Data
* Premium members only.
The historical data trend for Green Ocean 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.
XKLS:0074 vs ADM, BG, TSN: Days Payable Comparison
For the Farm Products subindustry, Green Ocean 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.
Green Ocean Bhd Days Payable vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Green Ocean Bhd's Days Payable distribution charts can be found below:
* The bar in red indicates where Green Ocean Bhd's Days Payable falls into.
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.
Green Ocean Bhd's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Green Ocean Bhd (XKLS:0074) has a Days Payable of 122.79 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 Green Ocean Bhd and its competitors. This is 161% above median its historical median of 47.10. Over the past decade, Green Ocean Bhd's Days Payable has ranged from 1.72 to 140.73. According to the industry distribution chart, Green Ocean Bhd ranks #212 out of 1881 companies in the Consumer Packaged Goods industry, placing it in the top 11.3%.
Is Green Ocean Bhd's Days Payable too high?
Green Ocean Bhd's current Days Payable of 122.79 is 161% above median its 10-year median of 47.10. Over the past 10 years, this metric has ranged from a low of 1.72 to a high of 140.73. The Consumer Packaged Goods industry median Days Payable is 44.14. Green Ocean Bhd's value of 122.79 is 178.2% above this industry median. Based on the distribution chart, Green Ocean Bhd ranks #212 out of 1881 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers.
How does Green Ocean Bhd's Days Payable compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Green Ocean Bhd ranks #212 out of 1881 companies for Days Payable. This places Green Ocean Bhd in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 44.14. Green Ocean Bhd's value of 122.79 is 178.2% above this benchmark. Historically, Green Ocean Bhd's own Days Payable has ranged from 1.72 to 140.73 over the past decade. While the company's 10-year median is 47.10 vs. the industry median of 44.14, Green Ocean 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.14, based on 1,881 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. Green Ocean Bhd's current Days Payable of 122.79 is 178.2% 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 Green Ocean Bhd and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Ocean Bhd's current Days Payable is 122.79, which is 161% above median its own 10-year median of 47.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Ocean Bhd stock overvalued right now?
Based on GuruFocus' analysis, Green Ocean Bhd (XKLS:0074) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.17, compared to a current price of RM0.09 — trading 47.1% below its estimated fair value. The current Days Payable is 122.79, which is 161% above median its 10-year median of 47.10 and 178.2% above the Consumer Packaged Goods industry median of 44.14. 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 Green Ocean Bhd (XKLS:0074), the current Days Payable is 122.79 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.
Green Ocean Corp Bhd is an investment holding company. The company is principally involved in the manufacturing and trading of gloves as well as the distribution and trading of food and beverage ("F&B") products. The company segment includes the Trading of gloves, the Distribution and trading of F&B, and others. The company generates the majority of its revenue from the Distribution and trading of F&B.
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