HE Group Bhd (XKLS:0296) Days Payable: 169.56 (As of Mar. 2026) — 108% Above Median


XKLS:0296 HE Group Bhd XKLS:0296
50 GF Score
Price RM0.52
! 2 Warning Signs
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What is HE Group Bhd Days Payable?

HE Group Bhd XKLS:0296 -1.89% 50 Days Payable is 169.56 as of Mar. 2026, which is 108% above its 10-year median of 81.55. GuruFocus rates XKLS:0296 with a GF Score™ of 50/100. The stock has 2 warning signs investors should review. Among 1,709 Construction companies, HE Group Bhd ranks better than 71.74% on this metric.

HE Group Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM38.0 Mil. HE Group Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM20.5 Mil. Hence, HE Group Bhd's Days Payable for the three months ended in Mar. 2026 was 169.56.

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

XKLS:0296' s Days Payable Range Over the Past 10 Years
Min: 59.18   Med: 81.55   Max: 154.31
Current: 135.81

During the past 6 years, HE Group Bhd's highest Days Payable was 154.31. The lowest was 59.18. And the median was 81.55.

XKLS:0296's Days Payable is ranked better than
71.74% of 1709 companies
in the Construction industry
Industry Median: 76.72 vs XKLS:0296: 135.81

HE Group Bhd's Days Payable increased from Mar. 2025 (98.59) to Mar. 2026 (169.56). It may suggest that HE Group Bhd delayed paying its suppliers.


HE Group Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for HE Group 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.

HE Group Bhd Days Payable Chart

HE Group Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 91.58 154.31 69.76 59.18 117.00

HE Group Bhd Quarterly Data
Dec20 Dec21 Dec22 Aug23 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 98.59 109.25 122.14 152.04 169.56

XKLS:0296 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, HE Group 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.


HE Group Bhd Days Payable vs Construction Industry

For the Construction industry and Industrials sector, HE Group Bhd's Days Payable distribution charts can be found below:

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


XKLS:0296
50GF Score
HE Group Bhd XKLS:0296
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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HE Group 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.

HE Group 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
=( (26.84 + 35.543) / 2 ) / 97.31*365
=31.1915 / 97.31*365
=117.00

HE Group 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
=( (35.543 + 40.464) / 2 ) / 20.452*365 / 4
=38.0035 / 20.452*365 / 4
=169.56

* 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 169.56 mean?
HE Group Bhd (XKLS:0296) has a Days Payable of 169.56 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 HE Group Bhd and its competitors. This is 108% above median its historical median of 81.55. Over the past decade, HE Group Bhd's Days Payable has ranged from 59.18 to 154.31. According to the industry distribution chart, HE Group Bhd ranks #483 out of 1709 companies in the Construction industry, placing it in the top 28.3%.
Is HE Group Bhd's Days Payable too high?
HE Group Bhd's current Days Payable of 169.56 is 108% above median its 10-year median of 81.55. Over the past 10 years, this metric has ranged from a low of 59.18 to a high of 154.31. The Construction industry median Days Payable is 76.72. HE Group Bhd's value of 169.56 is 121% above this industry median. Based on the distribution chart, HE Group Bhd ranks #483 out of 1709 companies in the Construction industry, which is above the industry midpoint. Overall, HE Group Bhd has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does HE Group Bhd's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, HE Group Bhd ranks #483 out of 1709 companies for Days Payable. This puts HE Group Bhd in the upper half of its industry. The industry median Days Payable is 76.72. HE Group Bhd's value of 169.56 is 121% above this benchmark. Historically, HE Group Bhd's own Days Payable has ranged from 59.18 to 154.31 over the past decade. While the company's 10-year median is 81.55 vs. the industry median of 76.72, HE Group 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 Construction company?
The median Days Payable among Construction companies is 76.72, based on 1,709 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. HE Group Bhd's current Days Payable of 169.56 is 121% 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 HE Group Bhd and its competitors. For the Construction industry, the median Days Payable is 76.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HE Group Bhd's current Days Payable is 169.56, which is 108% above median its own 10-year median of 81.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HE Group Bhd stock overvalued right now?
HE Group Bhd (XKLS:0296) has a current Days Payable of 169.56. The current Days Payable is 169.56, which is 108% above median its 10-year median of 81.55 and 121% above the Construction industry median of 76.72. HE Group Bhd's overall GF Score™ is 50/100 with 2 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 HE Group Bhd (XKLS:0296), the current Days Payable is 169.56 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.

HE Group Bhd Business Description

Address No. 42, Jalan OP 1/5, Pusat Perdagangan One Puchong, Puchong, SGR, MYS, 47160
HE Group Bhd is an electrical engineering service provider focusing on power distribution systems for end-user premises such as industrial plants and industrial and commercial substations. It is involved in the design, supply, installation, testing, and commissioning of HV, MV, LV, and ELV power distribution systems, as well as hook-up and retrofitting of electrical equipment. It also provides other building systems and works, including mechanical systems, control, and instrumentation systems, as well as civil, structural, and architectural works. Its segment includes, the provision of power distribution systems that generates maximum revenue, other building systems and works, electrical equipment hook-up and retrofitting, and trading of electrical products.
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