Spring Art Holdings Bhd (XKLS:0216) Days Payable: 0.00 (As of Mar. 2026)


What is Spring Art Holdings Bhd Days Payable?

Spring Art Holdings Bhd XKLS:0216 Days Payable is 0.00 as of Mar. 2026. The stock has 3 warning signs investors should review. Among 415 Furnishings, Fixtures & Appliances companies, Spring Art Holdings Bhd ranks worse than 240963.61% on this metric.

Spring Art Holdings Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM2.68 Mil. Spring Art Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM0.00 Mil.

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

During the past 11 years, Spring Art Holdings Bhd's highest Days Payable was 63.16. The lowest was 16.29. And the median was 26.32.

XKLS:0216's Days Payable is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 64.14
* Ranked among companies with meaningful Days Payable only.

Spring Art Holdings Bhd's Days Payable stayed the same from Mar. 2025 (0.00) to Mar. 2026 (0.00). stayed the same


Spring Art Holdings Bhd Days Payable Historical Data

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The historical data trend for Spring Art 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.

Spring Art Holdings Bhd Days Payable Chart

Spring Art 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 63.16 39.66 16.29 25.76 19.57

Spring Art 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 0.00 0.00 0.00 0.00 0.00

XKLS:0216 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Spring Art 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.


Spring Art Holdings Bhd Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Spring Art Holdings Bhd's Days Payable distribution charts can be found below:

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



Spring Art 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.

Spring Art 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
=( (2.029 + 1.999) / 2 ) / 37.564*365
=2.014 / 37.564*365
=19.57

Spring Art 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
=( (1.999 + 3.359) / 2 ) / 0*365 / 4
=2.679 / 0*365 / 4
=N/A

* 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 0.00 mean?
Spring Art Holdings Bhd (XKLS:0216) has a Days Payable of 0.00 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 Spring Art Holdings Bhd and its competitors. Over the past decade, Spring Art Holdings Bhd's Days Payable has ranged from 16.29 to 63.16. According to the industry distribution chart, Spring Art Holdings Bhd ranks #999999 out of 415 companies in the Furnishings, Fixtures & Appliances industry.
Is Spring Art Holdings Bhd's Days Payable too high?
Spring Art Holdings Bhd's current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 16.29 to a high of 63.16. Based on the distribution chart, Spring Art Holdings Bhd ranks #999999 out of 415 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers.
How does Spring Art Holdings Bhd's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Spring Art Holdings Bhd ranks #999999 out of 415 companies for Days Payable. This places Spring Art Holdings Bhd in the lower half of its industry. The industry median Days Payable is 64.14. Historically, Spring Art Holdings Bhd's own Days Payable has ranged from 16.29 to 63.16 over the past decade. 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 64.14, based on 415 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. 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 Spring Art Holdings Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 64.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spring Art Holdings Bhd's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spring Art Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Spring Art Holdings Bhd (XKLS:0216) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.16, compared to a current price of RM0.10 — trading 37.5% below its estimated fair value. The current Days Payable is 0.00. 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 Spring Art Holdings Bhd (XKLS:0216), the current Days Payable is 0.00 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.

Spring Art Holdings Bhd Business Description

Address Kawasan Perindustrian Bukit Pasir, Lot PLO 49, Jalan Rami 4, Bukit Pasir, Muar, JHR, MYS, 84300
Spring Art Holdings Bhd is involved in the manufacturing of ready-to-assemble furniture products, where it undertakes the design and development, manufacturing as well as marketing and sales of office furniture such as office workstations, filing cabinets and pedestals, bedroom furniture such as beds, night stands, wardrobes, dressing tables, dressing stools and study desks, living room furniture such as computer desks, television consoles, sideboards, shoe cabinets, bookshelves and drawer chests as well as other types of furniture such as dining tables and kitchen cabinets. The group has only one business segment, namely the design, development, manufacturing, marketing and sales of furniture products.