Kanger International Bhd (XKLS:0170) Days Payable: 87.02 (As of Mar. 2026) — 171% Above Median


What is Kanger International Bhd Days Payable?

Kanger International Bhd XKLS:0170 Days Payable is 87.02 as of Mar. 2026, which is 171% above its 10-year median of 32.14. The stock has 3 warning signs investors should review. Among 276 Forest Products companies, Kanger International Bhd ranks better than 82.25% on this metric.

Kanger International Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM35.83 Mil. Kanger International Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM37.58 Mil. Hence, Kanger International Bhd's Days Payable for the three months ended in Mar. 2026 was 87.02.

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

XKLS:0170' s Days Payable Range Over the Past 10 Years
Min: 7.15   Med: 32.14   Max: 441.81
Current: 115.98

During the past 12 years, Kanger International Bhd's highest Days Payable was 441.81. The lowest was 7.15. And the median was 32.14.

XKLS:0170's Days Payable is ranked better than
82.25% of 276 companies
in the Forest Products industry
Industry Median: 57.93 vs XKLS:0170: 115.98

Kanger International Bhd's Days Payable declined from Mar. 2025 (129.49) to Mar. 2026 (87.02). It may suggest that Kanger International Bhd accelerated paying its suppliers.


Kanger International Bhd Days Payable Historical Data

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The historical data trend for Kanger International 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.

Kanger International Bhd Days Payable Chart

Kanger International Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Mar21 Mar22 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 441.81 438.94 8.19 92.04 185.88

Kanger International Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 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 129.49 98.19 200.98 637.06 87.02

XKLS:0170 vs SSD, UFPI, BCC: Days Payable Comparison

For the Lumber & Wood Production subindustry, Kanger International 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.


Kanger International Bhd Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Kanger International Bhd's Days Payable distribution charts can be found below:

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



Kanger International 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.

Kanger International 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: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (12.175 + 32.544) / 2 ) / 43.907*365
=22.3595 / 43.907*365
=185.88

Kanger International 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
=( (35.833 + 0) / 1 ) / 37.576*365 / 4
=35.833 / 37.576*365 / 4
=87.02

* 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 87.02 mean?
Kanger International Bhd (XKLS:0170) has a Days Payable of 87.02 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 Kanger International Bhd and its competitors. This is 171% above median its historical median of 32.14. Over the past decade, Kanger International Bhd's Days Payable has ranged from 7.15 to 441.81. According to the industry distribution chart, Kanger International Bhd ranks #49 out of 276 companies in the Forest Products industry, placing it in the top 17.8%.
Is Kanger International Bhd's Days Payable too high?
Kanger International Bhd's current Days Payable of 87.02 is 171% above median its 10-year median of 32.14. Over the past 10 years, this metric has ranged from a low of 7.15 to a high of 441.81. The Forest Products industry median Days Payable is 57.93. Kanger International Bhd's value of 87.02 is 50.2% above this industry median. Based on the distribution chart, Kanger International Bhd ranks #49 out of 276 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers.
How does Kanger International Bhd's Days Payable compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Kanger International Bhd ranks #49 out of 276 companies for Days Payable. This places Kanger International Bhd in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.93. Kanger International Bhd's value of 87.02 is 50.2% above this benchmark. Historically, Kanger International Bhd's own Days Payable has ranged from 7.15 to 441.81 over the past decade. While the company's 10-year median is 32.14 vs. the industry median of 57.93, Kanger International 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.93, based on 276 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. Kanger International Bhd's current Days Payable of 87.02 is 50.2% 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 Kanger International Bhd and its competitors. For the Forest Products industry, the median Days Payable is 57.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanger International Bhd's current Days Payable is 87.02, which is 171% above median its own 10-year median of 32.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanger International Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kanger International Bhd (XKLS:0170) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.04, compared to a current price of RM0.03 — trading 25% below its estimated fair value. The current Days Payable is 87.02, which is 171% above median its 10-year median of 32.14 and 50.2% above the Forest Products industry median of 57.93. 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 Kanger International Bhd (XKLS:0170), the current Days Payable is 87.02 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.

Kanger International Bhd Business Description

Address Taman Perindustrian Alfa Impian, No. 1 & 3, Jalan Alfa Impian 2, Balakong, Kuala Lumpur, SGR, MYS, 43000
Kanger International Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the segments of Investment Holding, Manufacturing, trading and project management services. It generates maximum revenue from the Manufacturing, trading and project management services segment which includes, manufacturing and trading of bamboo flooring and healthcare products and project management consultancy services. Geographically, it derives a majority of revenue from Malaysia.