TSA Group Bhd (XKLS:0297) Days Payable: 17.76 (As of Mar. 2026) — Near Median


XKLS:0297 TSA Group Bhd XKLS:0297
35 GF Score
Price RM0.87
! 10 Warning Signs
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What is TSA Group Bhd Days Payable?

TSA Group Bhd XKLS:0297 -0.57% 35 Days Payable is 17.76 as of Mar. 2026, which is 4% above its 10-year median of 17.03. GuruFocus rates XKLS:0297 with a GF Score™ of 35/100. The stock has 10 warning signs investors should review. Among 597 Steel companies, TSA Group Bhd ranks worse than 78.22% on this metric.

TSA Group Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM9.4 Mil. TSA Group Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM48.3 Mil. Hence, TSA Group Bhd's Days Payable for the three months ended in Mar. 2026 was 17.76.

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

XKLS:0297' s Days Payable Range Over the Past 10 Years
Min: 12.58   Med: 17.03   Max: 35.1
Current: 18.75

During the past 6 years, TSA Group Bhd's highest Days Payable was 35.10. The lowest was 12.58. And the median was 17.03.

XKLS:0297's Days Payable is ranked worse than
78.22% of 597 companies
in the Steel industry
Industry Median: 41.39 vs XKLS:0297: 18.75

TSA Group Bhd's Days Payable declined from Mar. 2025 (18.50) to Mar. 2026 (17.76). It may suggest that TSA Group Bhd accelerated paying its suppliers.


TSA Group Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for TSA 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.

TSA Group Bhd Days Payable Chart

TSA Group Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 26.03 17.10 13.29 12.58 16.96

TSA 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 18.50 27.62 18.96 12.58 17.76

XKLS:0297 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, TSA 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.


TSA Group Bhd Days Payable vs Steel Industry

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

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


XKLS:0297
35GF Score
TSA Group Bhd XKLS:0297
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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TSA 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.

TSA 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
=( (9.264 + 9.613) / 2 ) / 203.187*365
=9.4385 / 203.187*365
=16.96

TSA 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
=( (9.613 + 9.177) / 2 ) / 48.275*365 / 4
=9.395 / 48.275*365 / 4
=17.76

* 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 17.76 mean?
TSA Group Bhd (XKLS:0297) has a Days Payable of 17.76 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 TSA Group Bhd and its competitors. This is near median its historical median of 17.03. Over the past decade, TSA Group Bhd's Days Payable has ranged from 12.58 to 35.10. According to the industry distribution chart, TSA Group Bhd ranks #467 out of 597 companies in the Steel industry, placing it in the top 78.2%.
Is TSA Group Bhd's Days Payable too high?
TSA Group Bhd's current Days Payable of 17.76 is near median its 10-year median of 17.03. Over the past 10 years, this metric has ranged from a low of 12.58 to a high of 35.10. The Steel industry median Days Payable is 41.39. TSA Group Bhd's value of 17.76 is 57.1% below this industry median. Based on the distribution chart, TSA Group Bhd ranks #467 out of 597 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, TSA Group Bhd has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does TSA Group Bhd's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, TSA Group Bhd ranks #467 out of 597 companies for Days Payable. This places TSA Group Bhd in the lower half of its industry. The industry median Days Payable is 41.39. TSA Group Bhd's value of 17.76 is 57.1% below this benchmark. Historically, TSA Group Bhd's own Days Payable has ranged from 12.58 to 35.10 over the past decade. While the company's 10-year median is 17.03 vs. the industry median of 41.39, TSA Group 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 597 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. TSA Group Bhd's current Days Payable of 17.76 is 57.1% 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 TSA Group 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. TSA Group Bhd's current Days Payable is 17.76, which is near median its own 10-year median of 17.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSA Group Bhd stock overvalued right now?
TSA Group Bhd (XKLS:0297) has a current Days Payable of 17.76. The current Days Payable is 17.76, which is near median its 10-year median of 17.03 and 57.1% below the Steel industry median of 41.39. TSA Group Bhd's overall GF Score™ is 35/100 with 10 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 TSA Group Bhd (XKLS:0297), the current Days Payable is 17.76 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.

TSA Group Bhd Business Description

Address Lot 3998, Jalan 6/2A, Taman Industri Selesa Jaya, Balakong, SGR, MYS, 43300
TSA Group Bhd is engaged in trading, manufacturing and processing of metal products, mainly of stainless steel. It mainly trades in stainless steel plates, sheets, coils, pipes, square bars, flat bars, round bars, hexagon bars, angle bars, U-channels, chequered and perforated plates, shim and strips, wire, flanges, and pipe fittings. It also supplies products made from other metals comprising copper, aluminum, brass, bronze, lead, and carbon steel. Geographically it operates in Malaysia, Singapore, Bangladesh, Thailand, Indonesia and others, having key revenue from Malaysia.
35GF Score

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