Tashin Holdings Bhd (XKLS:0211) Days Payable: 32.24 (As of Mar. 2026) — 13% Above Median


XKLS:0211 Tashin Holdings Bhd XKLS:0211
49 GF Score
Price RM0.20
GF Value RM0.29
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Tashin Holdings Bhd Days Payable?

Tashin Holdings Bhd XKLS:0211 49 Days Payable is 32.24 as of Mar. 2026, which is 13% above its 10-year median of 28.44. GuruFocus rates XKLS:0211 with a GF Score™ of 49/100 and a GF Value™ of RM0.29 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 598 Steel companies, Tashin Holdings Bhd ranks worse than 69.23% on this metric.

Tashin Holdings Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM26.1 Mil. Tashin Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM73.8 Mil. Hence, Tashin Holdings Bhd's Days Payable for the three months ended in Mar. 2026 was 32.24.

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

XKLS:0211' s Days Payable Range Over the Past 10 Years
Min: 20.85   Med: 28.44   Max: 53.69
Current: 26.96

During the past 11 years, Tashin Holdings Bhd's highest Days Payable was 53.69. The lowest was 20.85. And the median was 28.44.

XKLS:0211's Days Payable is ranked worse than
69.23% of 598 companies
in the Steel industry
Industry Median: 41.385 vs XKLS:0211: 26.96

Tashin Holdings Bhd's Days Payable increased from Mar. 2025 (20.97) to Mar. 2026 (32.24). It may suggest that Tashin Holdings Bhd delayed paying its suppliers.


Tashin Holdings Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Tashin 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.

Tashin Holdings Bhd Days Payable Chart

Tashin 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 42.34 39.10 28.18 20.85 28.69

Tashin 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 20.97 24.80 25.47 29.85 32.24

XKLS:0211 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Tashin 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.


Tashin Holdings Bhd Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Tashin Holdings Bhd's Days Payable distribution charts can be found below:

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


XKLS:0211
49GF Score
Tashin Holdings Bhd XKLS:0211
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tashin 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.

Tashin 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
=( (19.766 + 30.421) / 2 ) / 319.261*365
=25.0935 / 319.261*365
=28.69

Tashin 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
=( (30.421 + 21.698) / 2 ) / 73.764*365 / 4
=26.0595 / 73.764*365 / 4
=32.24

* 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 32.24 mean?
Tashin Holdings Bhd (XKLS:0211) has a Days Payable of 32.24 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 Tashin Holdings Bhd and its competitors. This is 13% above median its historical median of 28.44. Over the past decade, Tashin Holdings Bhd's Days Payable has ranged from 20.85 to 53.69. According to the industry distribution chart, Tashin Holdings Bhd ranks #414 out of 598 companies in the Steel industry, placing it in the top 69.2%.
Is Tashin Holdings Bhd's Days Payable too high?
Tashin Holdings Bhd's current Days Payable of 32.24 is 13% above median its 10-year median of 28.44. Over the past 10 years, this metric has ranged from a low of 20.85 to a high of 53.69. The Steel industry median Days Payable is 41.39. Tashin Holdings Bhd's value of 32.24 is 22.1% below this industry median. Based on the distribution chart, Tashin Holdings Bhd ranks #414 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Tashin Holdings Bhd has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tashin Holdings Bhd's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Tashin Holdings Bhd ranks #414 out of 598 companies for Days Payable. This places Tashin Holdings Bhd in the lower half of its industry. The industry median Days Payable is 41.39. Tashin Holdings Bhd's value of 32.24 is 22.1% below this benchmark. Historically, Tashin Holdings Bhd's own Days Payable has ranged from 20.85 to 53.69 over the past decade. While the company's 10-year median is 28.44 vs. the industry median of 41.39, Tashin 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 a Steel company?
The median Days Payable among Steel companies is 41.39, based on 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. Tashin Holdings Bhd's current Days Payable of 32.24 is 22.1% 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 Tashin Holdings Bhd and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tashin Holdings Bhd's current Days Payable is 32.24, which is 13% above median its own 10-year median of 28.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tashin Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tashin Holdings Bhd (XKLS:0211) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.29, compared to a current price of RM0.20 — trading 31% below its estimated fair value. The current Days Payable is 32.24, which is 13% above median its 10-year median of 28.44 and 22.1% below the Steel industry median of 41.39. Tashin Holdings Bhd's overall GF Score™ is 49/100 with 6 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 Tashin Holdings Bhd (XKLS:0211), the current Days Payable is 32.24 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 Tashin Holdings Bhd (XKLS:0211) Overvalued in 2026?

Based on GuruFocus' analysis, Tashin Holdings Bhd stock appears to be undervalued. The current stock price of RM0.20 is trading 31% below its estimated GF Value™ of RM0.29. GuruFocus considers Tashin Holdings Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0211:

  • Days Payable: 32.24 (13% above median its 10-year median of 28.44)
  • GF Value™: RM0.29 vs. price of RM0.20 (31% below fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 22.1% below the Steel median (#414 of 598)

No single metric tells the full story. See the XKLS:0211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tashin Holdings Bhd Business Description

Address Plot 40, Lorong Perusahaan Maju 7, Kawasan Perusahaan 4, Prai, PNG, MYS, 13600
Tashin Holdings Bhd is engaged in the manufacturing and trading of steel products. The company's product portfolio includes Slit Coils, Cut to Pipe Steel Sheets, Steel Pipes, Steel Plate and Sheets, Flat and Square Bars, Expanded Metal, Checkered Plate, and C Purlin. The steel products are widely utilized and applied in various industries such as Automotive, Construction, Furniture, Electronics and Electrical, Engineering Fabrication, and Others. The Group operates predominantly in one business segment in Malaysia, which is involved in the manufacturing of steel-related products.
49GF Score

Get the complete analysis for XKLS:0211

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

RM0.20
Price
RM0.29
GF Value