Securemetric Bhd (XKLS:0203) Days Payable: 78.55 (As of Mar. 2026) — 27% Above Median


What is Securemetric Bhd Days Payable?

Securemetric Bhd XKLS:0203 -5.00% Days Payable is 78.55 as of Mar. 2026, which is 27% above its 10-year median of 61.65. The stock has 3 warning signs investors should review. Among 2,598 Software companies, Securemetric Bhd ranks better than 53.5% on this metric.

Securemetric Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM4.03 Mil. Securemetric Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM4.68 Mil. Hence, Securemetric Bhd's Days Payable for the three months ended in Mar. 2026 was 78.55.

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

XKLS:0203' s Days Payable Range Over the Past 10 Years
Min: 31.21   Med: 61.65   Max: 127.38
Current: 59.84

During the past 11 years, Securemetric Bhd's highest Days Payable was 127.38. The lowest was 31.21. And the median was 61.65.

XKLS:0203's Days Payable is ranked better than
53.5% of 2598 companies
in the Software industry
Industry Median: 53.675 vs XKLS:0203: 59.84

Securemetric Bhd's Days Payable increased from Mar. 2025 (26.97) to Mar. 2026 (78.55). It may suggest that Securemetric Bhd delayed paying its suppliers.


Securemetric Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Securemetric 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.

Securemetric Bhd Days Payable Chart

Securemetric 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 65.56 88.94 74.89 31.21 51.65

Securemetric 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 26.97 61.66 38.46 67.11 78.55

XKLS:0203 vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, Securemetric 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.


Securemetric Bhd Days Payable vs Software Industry

For the Software industry and Technology sector, Securemetric Bhd's Days Payable distribution charts can be found below:

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



Securemetric 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.

Securemetric 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
=( (2.25 + 4.435) / 2 ) / 23.622*365
=3.3425 / 23.622*365
=51.65

Securemetric 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
=( (4.435 + 3.626) / 2 ) / 4.682*365 / 4
=4.0305 / 4.682*365 / 4
=78.55

* 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 78.55 mean?
Securemetric Bhd (XKLS:0203) has a Days Payable of 78.55 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 Securemetric Bhd and its competitors. This is 27% above median its historical median of 61.65. Over the past decade, Securemetric Bhd's Days Payable has ranged from 31.21 to 127.38. According to the industry distribution chart, Securemetric Bhd ranks #1208 out of 2598 companies in the Software industry, placing it in the top 46.5%.
Is Securemetric Bhd's Days Payable too high?
Securemetric Bhd's current Days Payable of 78.55 is 27% above median its 10-year median of 61.65. Over the past 10 years, this metric has ranged from a low of 31.21 to a high of 127.38. The Software industry median Days Payable is 53.68. Securemetric Bhd's value of 78.55 is 46.3% above this industry median. Based on the distribution chart, Securemetric Bhd ranks #1208 out of 2598 companies in the Software industry, which is above the industry midpoint.
How does Securemetric Bhd's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Securemetric Bhd ranks #1208 out of 2598 companies for Days Payable. This puts Securemetric Bhd in the upper half of its industry. The industry median Days Payable is 53.68. Securemetric Bhd's value of 78.55 is 46.3% above this benchmark. Historically, Securemetric Bhd's own Days Payable has ranged from 31.21 to 127.38 over the past decade. While the company's 10-year median is 61.65 vs. the industry median of 53.68, Securemetric 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 Software company?
The median Days Payable among Software companies is 53.68, based on 2,598 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. Securemetric Bhd's current Days Payable of 78.55 is 46.3% 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 Securemetric Bhd and its competitors. For the Software industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Securemetric Bhd's current Days Payable is 78.55, which is 27% above median its own 10-year median of 61.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Securemetric Bhd stock overvalued right now?
Based on GuruFocus' analysis, Securemetric Bhd (XKLS:0203) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.16, compared to a current price of RM0.10 — trading 40.6% below its estimated fair value. The current Days Payable is 78.55, which is 27% above median its 10-year median of 61.65 and 46.3% above the Software industry median of 53.68. 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 Securemetric Bhd (XKLS:0203), the current Days Payable is 78.55 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.

Securemetric Bhd Business Description

Address No.1, Persiaran Jalil 1, Unit 2-12-01, Level 12, Ho Hup Tower, Bandar Bukit Jalil, Wilayah Persekutuan, Kuala Lumpur, MYS, 57000
Securemetric Bhd is an investment holding company. Along with its subsidiaries, it is engaged in the provision of digital security solutions, trading of electronic identification products, and other related services. The group's business segments are Digital security solutions, Electronic identification products, Maintenance services, and Others. A majority of its revenue is generated from the Digital security solutions segment, which provides solutions related to two-factor authentication (2FA), PKI solutions, software licensing, protection dongles, and the CENTAGATE software, which manages user authentication and supports multi-factor and multi-channel authentication and digital signing solutions (SigningCloud). Geographically, the group generates maximum revenue from the Philippines.