Matang BhdXKLS:0189 Days Payable is 341.37 as of Mar. 2026, which is 1412% above its 10-year median of 22.58. The stock has 7 warning signs investors should review. Among 1,882 Consumer Packaged Goods companies, Matang Bhd ranks better than 95.86% on this metric.
Matang Bhd's average Accounts Payable for the
three
months ended in Mar. 2026 was RM3.77 Mil. Matang Bhd's Cost of Goods Sold for the
three
months ended in Mar. 2026 was RM1.01 Mil.
Hence, Matang Bhd's Days Payable for the
three
months ended in Mar. 2026 was 341.37.
The historical rank and industry rank for Matang Bhd's Days Payable or its related term are showing as below:
XKLS:0189'
s Days Payable Range Over the Past 10 Years
Min: 7.21 Med: 22.58 Max: 242.47
Current: 242.47
During the past 13 years, Matang Bhd's highest Days Payable was 242.47. The lowest was 7.21. And the median was 22.58.
XKLS:0189's Days Payable is ranked better than 95.86% of 1882
companies
in the Consumer Packaged Goods industry
Industry Median: 44.145
vs XKLS:0189: 242.47
Matang Bhd's Days Payable
increased
from Mar. 2025 (224.66) to Mar. 2026 (341.37).
It may suggest that Matang Bhddelayed paying its suppliers.
Matang Bhd Days Payable Related Terms
Matang Bhd Days Payable Historical Data
* Premium members only.
The historical data trend for Matang 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:0189 vs ADM, BG, TSN: Days Payable Comparison
For the Farm Products subindustry, Matang 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.
Matang Bhd Days Payable vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Matang Bhd's Days Payable distribution charts can be found below:
* The bar in red indicates where Matang 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.
Matang Bhd's Days Payable for the fiscal year that ended in Jun. 2025 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.
Matang Bhd (XKLS:0189) has a Days Payable of 341.37 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 Matang Bhd and its competitors. This is 1412% above median its historical median of 22.58. Over the past decade, Matang Bhd's Days Payable has ranged from 7.21 to 242.47. According to the industry distribution chart, Matang Bhd ranks #78 out of 1882 companies in the Consumer Packaged Goods industry, placing it in the top 4.1%.
Is Matang Bhd's Days Payable too high?
Matang Bhd's current Days Payable of 341.37 is 1412% above median its 10-year median of 22.58. Over the past 10 years, this metric has ranged from a low of 7.21 to a high of 242.47. The Consumer Packaged Goods industry median Days Payable is 44.15. Matang Bhd's value of 341.37 is 673.3% above this industry median. Based on the distribution chart, Matang Bhd ranks #78 out of 1882 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers.
How does Matang Bhd's Days Payable compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Matang Bhd ranks #78 out of 1882 companies for Days Payable. This places Matang Bhd in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 44.15. Matang Bhd's value of 341.37 is 673.3% above this benchmark. Historically, Matang Bhd's own Days Payable has ranged from 7.21 to 242.47 over the past decade. While the company's 10-year median is 22.58 vs. the industry median of 44.15, Matang 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 44.15, based on 1,882 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. Matang Bhd's current Days Payable of 341.37 is 673.3% 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 Matang Bhd and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matang Bhd's current Days Payable is 341.37, which is 1412% above median its own 10-year median of 22.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matang Bhd stock overvalued right now?
Based on GuruFocus' analysis, Matang Bhd (XKLS:0189) is currently considered Fairly Valued. The stock's GF Value™ is RM0.08, compared to a current price of RM0.08 — trading 6.3% below its estimated fair value. The current Days Payable is 341.37, which is 1412% above median its 10-year median of 22.58 and 673.3% above the Consumer Packaged Goods industry median of 44.15. 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 Matang Bhd (XKLS:0189), the current Days Payable is 341.37 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.
Matang Bhd is an investment holding company. The company is engaged in the management of plantation estate, the sale of fresh fruit bunches, and property investment. Its activities also include procuring germinated oil palm seeds, planting or replanting, field upkeeping that includes pruning, manuring and pest control, harvesting, transporting, and selling fresh fruit bunch (FFB). The company has one reportable segment i.e. management of plantation estate, cultivation of oil palm and durian, and sale of fresh fruit bunch and durian. Geographically, all of the company's operations are carried out in Malaysia.
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