Hiap Huat Holdings Bhd (XKLS:0160) Days Payable: 28.99 (As of Mar. 2026) — 80% Above Median


XKLS:0160 Hiap Huat Holdings Bhd XKLS:0160
31 GF Score
Price RM0.11
GF Value RM0.25
Valuation Possible Value Trap
! 8 Warning Signs
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What is Hiap Huat Holdings Bhd Days Payable?

Hiap Huat Holdings Bhd XKLS:0160 31 Days Payable is 28.99 as of Mar. 2026, which is 80% above its 10-year median of 16.10. GuruFocus rates XKLS:0160 with a GF Score™ of 31/100 and a GF Value™ of RM0.25 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 851 Oil & Gas companies, Hiap Huat Holdings Bhd ranks worse than 67.33% on this metric.

Hiap Huat Holdings Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM6.9 Mil. Hiap Huat Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM21.7 Mil. Hence, Hiap Huat Holdings Bhd's Days Payable for the three months ended in Mar. 2026 was 28.99.

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

XKLS:0160' s Days Payable Range Over the Past 10 Years
Min: 10.77   Med: 16.1   Max: 37.42
Current: 37.42

During the past 13 years, Hiap Huat Holdings Bhd's highest Days Payable was 37.42. The lowest was 10.77. And the median was 16.10.

XKLS:0160's Days Payable is ranked worse than
67.33% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs XKLS:0160: 37.42

Hiap Huat Holdings Bhd's Days Payable declined from Mar. 2025 (37.07) to Mar. 2026 (28.99). It may suggest that Hiap Huat Holdings Bhd accelerated paying its suppliers.


Hiap Huat Holdings Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Hiap Huat 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.

Hiap Huat Holdings Bhd Days Payable Chart

Hiap Huat Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.44 19.81 15.22 17.38 15.29

Hiap Huat Holdings 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 37.07 46.34 37.17 43.38 28.99

XKLS:0160 vs VLO, MPC, PSX: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, Hiap Huat 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.


Hiap Huat Holdings Bhd Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hiap Huat Holdings Bhd's Days Payable distribution charts can be found below:

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


XKLS:0160
31GF Score
Hiap Huat Holdings Bhd XKLS:0160
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hiap Huat 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.

Hiap Huat Holdings Bhd's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (9.558 + 5.138) / 2 ) / 175.442*365
=7.348 / 175.442*365
=15.29

Hiap Huat 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
=( (5.138 + 8.671) / 2 ) / 21.731*365 / 4
=6.9045 / 21.731*365 / 4
=28.99

* 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 28.99 mean?
Hiap Huat Holdings Bhd (XKLS:0160) has a Days Payable of 28.99 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 Hiap Huat Holdings Bhd and its competitors. This is 80% above median its historical median of 16.10. Over the past decade, Hiap Huat Holdings Bhd's Days Payable has ranged from 10.77 to 37.42. According to the industry distribution chart, Hiap Huat Holdings Bhd ranks #573 out of 851 companies in the Oil & Gas industry, placing it in the top 67.3%.
Is Hiap Huat Holdings Bhd's Days Payable too high?
Hiap Huat Holdings Bhd's current Days Payable of 28.99 is 80% above median its 10-year median of 16.10. Over the past 10 years, this metric has ranged from a low of 10.77 to a high of 37.42. The Oil & Gas industry median Days Payable is 57.95. Hiap Huat Holdings Bhd's value of 28.99 is 50% below this industry median. Based on the distribution chart, Hiap Huat Holdings Bhd ranks #573 out of 851 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Hiap Huat Holdings Bhd has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hiap Huat Holdings Bhd's Days Payable compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Hiap Huat Holdings Bhd ranks #573 out of 851 companies for Days Payable. This places Hiap Huat Holdings Bhd in the lower half of its industry. The industry median Days Payable is 57.95. Hiap Huat Holdings Bhd's value of 28.99 is 50% below this benchmark. Historically, Hiap Huat Holdings Bhd's own Days Payable has ranged from 10.77 to 37.42 over the past decade. While the company's 10-year median is 16.10 vs. the industry median of 57.95, Hiap Huat 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 851 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. Hiap Huat Holdings Bhd's current Days Payable of 28.99 is 50% 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 Hiap Huat Holdings Bhd and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiap Huat Holdings Bhd's current Days Payable is 28.99, which is 80% above median its own 10-year median of 16.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiap Huat Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hiap Huat Holdings Bhd (XKLS:0160) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.25, compared to a current price of RM0.11 — trading 58% below its estimated fair value. The current Days Payable is 28.99, which is 80% above median its 10-year median of 16.10 and 50% below the Oil & Gas industry median of 57.95. Hiap Huat Holdings Bhd's overall GF Score™ is 31/100 with 8 warning signs to review. 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 Hiap Huat Holdings Bhd (XKLS:0160), the current Days Payable is 28.99 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.

Is Hiap Huat Holdings Bhd (XKLS:0160) Overvalued in 2026?

Based on GuruFocus' analysis, Hiap Huat Holdings Bhd stock appears to be undervalued. The current stock price of RM0.11 is trading 58% below its estimated GF Value™ of RM0.25. GuruFocus considers Hiap Huat Holdings Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0160:

  • Days Payable: 28.99 (80% above median its 10-year median of 16.10)
  • GF Value™: RM0.25 vs. price of RM0.11 (58% below fair value)
  • GF Score™: 31/100 with 8 warning signs
  • Industry Position: 50% below the Oil & Gas median (#573 of 851)

No single metric tells the full story. See the XKLS:0160 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiap Huat Holdings Bhd Business Description

Industry EnergyOil & Gas
Address Jalan Sungai Pinang 5/3, Lot 102521, Fasa 2, Kawasan Perindustrian Pulau Indah, Pulau Indah, SGR, MYS, 42920
Hiap Huat Holdings Bhd, through its subsidiaries, is engaged in manufacturing, recycling, and refining petroleum-based products. The company is involved in various industries, such as scheduled waste management, oil and gas, petrochemicals, and laboratory services. The company has one operating segment that comprises mainly the manufacturing, recycling, and refining of all kinds of petroleum-based products. Geographically, it derives maximum revenue from Singapore and also generates revenue from Vietnam, Italy, Finland, and Singapore. Its products include Fuel Oil, Base Oil, Petrochemicals, Lubricants, Grease, Paint, Refined Used Cooking Oil, Refined POME Oil, Refined Palm Acid Oil, and Container.
31GF Score

Get the complete analysis for XKLS:0160

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.11
Price
RM0.25
GF Value