Coraza Integrated Technology Bhd (XKLS:0240) Days Payable: 41.69 (As of Mar. 2026) — 12% Below Median


XKLS:0240 Coraza Integrated Technology Bhd XKLS:0240
53 GF Score
Price RM1.01
GF Value RM0.80
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Coraza Integrated Technology Bhd Days Payable?

Coraza Integrated Technology Bhd XKLS:0240 +2.02% 53 Days Payable is 41.69 as of Mar. 2026, which is 12% below its 10-year median of 47.36. GuruFocus rates XKLS:0240 with a GF Score™ of 53/100 and a GF Value™ of RM0.80 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 2,992 Industrial Products companies, Coraza Integrated Technology Bhd ranks worse than 82.32% on this metric.

Coraza Integrated Technology Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM14.0 Mil. Coraza Integrated Technology Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM30.7 Mil. Hence, Coraza Integrated Technology Bhd's Days Payable for the three months ended in Mar. 2026 was 41.69.

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

XKLS:0240' s Days Payable Range Over the Past 10 Years
Min: 26.05   Med: 47.36   Max: 62.57
Current: 35.92

During the past 8 years, Coraza Integrated Technology Bhd's highest Days Payable was 62.57. The lowest was 26.05. And the median was 47.36.

XKLS:0240's Days Payable is ranked worse than
82.32% of 2992 companies
in the Industrial Products industry
Industry Median: 78.08 vs XKLS:0240: 35.92

Coraza Integrated Technology Bhd's Days Payable increased from Mar. 2025 (31.07) to Mar. 2026 (41.69). It may suggest that Coraza Integrated Technology Bhd delayed paying its suppliers.


Coraza Integrated Technology Bhd Days Payable Related Terms


Coraza Integrated Technology Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Coraza Integrated Technology 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.

Coraza Integrated Technology Bhd Days Payable Chart

Coraza Integrated Technology Bhd Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 60.89 62.57 53.72 26.05 34.92

Coraza Integrated Technology 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 31.07 27.31 32.56 39.76 41.69

XKLS:0240 vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Coraza Integrated Technology 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.


Coraza Integrated Technology Bhd Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Coraza Integrated Technology Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Coraza Integrated Technology Bhd's Days Payable falls into.


XKLS:0240
53GF Score
Coraza Integrated Technology Bhd XKLS:0240
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Coraza Integrated Technology 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.

Coraza Integrated Technology 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
=( (8.954 + 12.588) / 2 ) / 112.572*365
=10.771 / 112.572*365
=34.92

Coraza Integrated Technology 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
=( (12.588 + 15.505) / 2 ) / 30.747*365 / 4
=14.0465 / 30.747*365 / 4
=41.69

* 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 41.69 mean?
Coraza Integrated Technology Bhd (XKLS:0240) has a Days Payable of 41.69 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 Coraza Integrated Technology Bhd and its competitors. This is 12% below median its historical median of 47.36. Over the past decade, Coraza Integrated Technology Bhd's Days Payable has ranged from 26.05 to 62.57. According to the industry distribution chart, Coraza Integrated Technology Bhd ranks #2463 out of 2992 companies in the Industrial Products industry, placing it in the top 82.3%.
Is Coraza Integrated Technology Bhd's Days Payable too high?
Coraza Integrated Technology Bhd's current Days Payable of 41.69 is 12% below median its 10-year median of 47.36. Over the past 10 years, this metric has ranged from a low of 26.05 to a high of 62.57. The Industrial Products industry median Days Payable is 78.08. Coraza Integrated Technology Bhd's value of 41.69 is 46.6% below this industry median. Based on the distribution chart, Coraza Integrated Technology Bhd ranks #2463 out of 2992 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Coraza Integrated Technology Bhd has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coraza Integrated Technology Bhd's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Coraza Integrated Technology Bhd ranks #2463 out of 2992 companies for Days Payable. This places Coraza Integrated Technology Bhd in the lower half of its industry. The industry median Days Payable is 78.08. Coraza Integrated Technology Bhd's value of 41.69 is 46.6% below this benchmark. Historically, Coraza Integrated Technology Bhd's own Days Payable has ranged from 26.05 to 62.57 over the past decade. While the company's 10-year median is 47.36 vs. the industry median of 78.08, Coraza Integrated Technology 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,992 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. Coraza Integrated Technology Bhd's current Days Payable of 41.69 is 46.6% 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 Coraza Integrated Technology Bhd and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coraza Integrated Technology Bhd's current Days Payable is 41.69, which is 12% below median its own 10-year median of 47.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coraza Integrated Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, Coraza Integrated Technology Bhd (XKLS:0240) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.80, compared to a current price of RM1.01 — trading 26.3% above its estimated fair value. The current Days Payable is 41.69, which is 12% below median its 10-year median of 47.36 and 46.6% below the Industrial Products industry median of 78.08. Coraza Integrated Technology Bhd's overall GF Score™ is 53/100 with 9 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 Coraza Integrated Technology Bhd (XKLS:0240), the current Days Payable is 41.69 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 Coraza Integrated Technology Bhd (XKLS:0240) Overvalued in 2026?

Based on GuruFocus' analysis, Coraza Integrated Technology Bhd stock appears to be overvalued. The current stock price of RM1.01 is trading 26.3% above its estimated GF Value™ of RM0.80. GuruFocus considers Coraza Integrated Technology Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:0240:

  • Days Payable: 41.69 (12% below median its 10-year median of 47.36)
  • GF Value™: RM0.80 vs. price of RM1.01 (26.3% above fair value)
  • GF Score™: 53/100 with 9 warning signs
  • Industry Position: 46.6% below the Industrial Products median (#2463 of 2992)

No single metric tells the full story. See the XKLS:0240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Coraza Integrated Technology Bhd Business Description

Address Kawasan Industri Bukit Panchor, Lot 2777, Lorong Industri 5, Pulau Pinang, Nibong Tebal, PNG, MYS, 14300
Coraza Integrated Technology Bhd is principally involved in sheet metal fabrication and precision machining activities. Its sheet metal fabrication activities include cutting, bending and welding of sheet metal to produce metal piece parts, while its precision machining activities include milling, turning, turn-milling and tapping of metal blocks to produce precision-machined components. The company also provides related services such as design and development, mechanical assembly and electro-mechanical assembly through value-added sub-module assembly services. its segments are: fabrication of sheet metal (FSM) and precision machining (PM), with the majority of the company's revenue derived from the fabrication of sheet metal (FSM) segment. It generates maximum revenue from Malaysia.
53GF Score

Get the complete analysis for XKLS:0240

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

RM1.01
Price
RM0.80
GF Value