Careplus Group Bhd (XKLS:0163) Days Payable: 48.14 (As of Mar. 2026) — 42% Above Median


What is Careplus Group Bhd Days Payable?

Careplus Group Bhd XKLS:0163 Days Payable is 48.14 as of Mar. 2026, which is 42% above its 10-year median of 34.00. The stock has 5 warning signs investors should review. Among 795 Medical Devices & Instruments companies, Careplus Group Bhd ranks worse than 69.18% on this metric.

Careplus Group Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM10.50 Mil. Careplus Group Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM19.89 Mil. Hence, Careplus Group Bhd's Days Payable for the three months ended in Mar. 2026 was 48.14.

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

XKLS:0163' s Days Payable Range Over the Past 10 Years
Min: 19.56   Med: 34   Max: 52.97
Current: 46.66

During the past 13 years, Careplus Group Bhd's highest Days Payable was 52.97. The lowest was 19.56. And the median was 34.00.

XKLS:0163's Days Payable is ranked worse than
69.18% of 795 companies
in the Medical Devices & Instruments industry
Industry Median: 68.07 vs XKLS:0163: 46.66

Careplus Group Bhd's Days Payable increased from Mar. 2025 (35.49) to Mar. 2026 (48.14). It may suggest that Careplus Group Bhd delayed paying its suppliers.


Careplus Group Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Careplus Group 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.

Careplus Group Bhd Days Payable Chart

Careplus Group Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.90 19.56 25.10 52.97 30.31

Careplus Group Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 35.49 50.63 44.28 44.01 48.14

XKLS:0163 vs ISRG, BDX, MDLN: Days Payable Comparison

For the Medical Instruments & Supplies subindustry, Careplus Group 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.


Careplus Group Bhd Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Careplus Group Bhd's Days Payable distribution charts can be found below:

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



Careplus Group 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.

Careplus Group 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: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (8.402 + 11.628) / 2 ) / 120.595*365
=10.015 / 120.595*365
=30.31

Careplus Group 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
=( (10.632 + 10.36) / 2 ) / 19.894*365 / 4
=10.496 / 19.894*365 / 4
=48.14

* 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 48.14 mean?
Careplus Group Bhd (XKLS:0163) has a Days Payable of 48.14 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 Careplus Group Bhd and its competitors. This is 42% above median its historical median of 34.00. Over the past decade, Careplus Group Bhd's Days Payable has ranged from 19.56 to 52.97. According to the industry distribution chart, Careplus Group Bhd ranks #550 out of 795 companies in the Medical Devices & Instruments industry, placing it in the top 69.2%.
Is Careplus Group Bhd's Days Payable too high?
Careplus Group Bhd's current Days Payable of 48.14 is 42% above median its 10-year median of 34.00. Over the past 10 years, this metric has ranged from a low of 19.56 to a high of 52.97. The Medical Devices & Instruments industry median Days Payable is 68.07. Careplus Group Bhd's value of 48.14 is 29.3% below this industry median. Based on the distribution chart, Careplus Group Bhd ranks #550 out of 795 companies in the Medical Devices & Instruments industry, which is below the industry midpoint.
How does Careplus Group Bhd's Days Payable compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Careplus Group Bhd ranks #550 out of 795 companies for Days Payable. This places Careplus Group Bhd in the lower half of its industry. The industry median Days Payable is 68.07. Careplus Group Bhd's value of 48.14 is 29.3% below this benchmark. Historically, Careplus Group Bhd's own Days Payable has ranged from 19.56 to 52.97 over the past decade. While the company's 10-year median is 34.00 vs. the industry median of 68.07, Careplus Group 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 68.07, based on 795 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. Careplus Group Bhd's current Days Payable of 48.14 is 29.3% 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 Careplus Group Bhd and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Careplus Group Bhd's current Days Payable is 48.14, which is 42% above median its own 10-year median of 34.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Careplus Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Careplus Group Bhd (XKLS:0163) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.09, compared to a current price of RM0.08 — trading 11.1% below its estimated fair value. The current Days Payable is 48.14, which is 42% above median its 10-year median of 34.00 and 29.3% below the Medical Devices & Instruments industry median of 68.07. 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 Careplus Group Bhd (XKLS:0163), the current Days Payable is 48.14 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.

Careplus Group Bhd Business Description

Address Off Jalan Senawang 3, Lot 17479, Lorong Senawang 3/2, Senawang Industrial Estate, Seremban, NSN, MYS, 70450
Careplus Group Bhd is involved in the manufacturing, processing, and trading of gloves. The company's product consists of Latex exam gloves, Latex surgical gloves, and Nitrile exam gloves. Its Latex exam gloves are used in medical examinations and procedures, diagnostic procedures by the dentist, laboratory practices, and food handling practices. The Nitrile exam gloves are generally used in laboratory practices and the automotive industry. Geographically, it derives maximum revenue from Malaysia and the rest from North America, South America, Other Asia Pacific regions, and other regions.