CE Technology BhdXKLS:03024 72 Days Payable is 22.54 as of Jan. 2026, which is 0% above its 10-year median of 22.53. GuruFocus rates XKLS:03024 with a GF Score™ of 72/100 and a GF Value™ of RM1.65 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,555 Chemicals companies, CE Technology Bhd ranks worse than 90.42% on this metric.
The historical rank and industry rank for CE Technology Bhd's Days Payable or its related term are showing as below:
XKLS:03024'
s Days Payable Range Over the Past 10 Years
Min: 7.9 Med: 22.53 Max: 55.15
Current: 20.47
During the past 10 years, CE Technology Bhd's highest Days Payable was 55.15. The lowest was 7.90. And the median was 22.53.
XKLS:03024's Days Payable is ranked worse than 90.42% of 1555
companies
in the Chemicals industry
Industry Median: 59.95
vs XKLS:03024: 20.47
CE Technology Bhd's Days Payable
increased
from Jan. 2025 (17.98) to Jan. 2026 (22.54).
It may suggest that CE Technology Bhddelayed paying its suppliers.
CE Technology Bhd Days Payable Related Terms
CE Technology Bhd Days Payable Historical Data
* Premium members only.
The historical data trend for CE 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.
XKLS:03024 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, CE 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.
CE Technology Bhd Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, CE Technology Bhd's Days Payable distribution charts can be found below:
* The bar in red indicates where CE Technology Bhd's Days Payable falls into.
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.
CE Technology Bhd's Days Payable for the fiscal year that ended in Jul. 2025 is calculated as
* 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.
CE Technology Bhd (XKLS:03024) has a Days Payable of 22.54 as of Jan. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on CE Technology Bhd and its competitors. This is near median its historical median of 22.53. Over the past decade, CE Technology Bhd's Days Payable has ranged from 7.90 to 55.15. According to the industry distribution chart, CE Technology Bhd ranks #1406 out of 1555 companies in the Chemicals industry, placing it in the top 90.4%.
Is CE Technology Bhd's Days Payable too high?
CE Technology Bhd's current Days Payable of 22.54 is near median its 10-year median of 22.53. Over the past 10 years, this metric has ranged from a low of 7.90 to a high of 55.15. The Chemicals industry median Days Payable is 59.95. CE Technology Bhd's value of 22.54 is 62.4% below this industry median. Based on the distribution chart, CE Technology Bhd ranks #1406 out of 1555 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, CE Technology Bhd has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CE Technology Bhd's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, CE Technology Bhd ranks #1406 out of 1555 companies for Days Payable. This places CE Technology Bhd in the lower half of its industry. The industry median Days Payable is 59.95. CE Technology Bhd's value of 22.54 is 62.4% below this benchmark. Historically, CE Technology Bhd's own Days Payable has ranged from 7.90 to 55.15 over the past decade. While the company's 10-year median is 22.53 vs. the industry median of 59.95, CE 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 a Chemicals company?
The median Days Payable among Chemicals companies is 59.95, based on 1,555 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. CE Technology Bhd's current Days Payable of 22.54 is 62.4% 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 CE Technology Bhd and its competitors. For the Chemicals industry, the median Days Payable is 59.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CE Technology Bhd's current Days Payable is 22.54, which is near median its own 10-year median of 22.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CE Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, CE Technology Bhd (XKLS:03024) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.65, compared to a current price of RM0.85 — trading 48.5% below its estimated fair value. The current Days Payable is 22.54, which is near median its 10-year median of 22.53 and 62.4% below the Chemicals industry median of 59.95. CE Technology Bhd's overall GF Score™ is 72/100 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 CE Technology Bhd (XKLS:03024), the current Days Payable is 22.54 as of Jan. 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 CE Technology Bhd (XKLS:03024) Overvalued in 2026?
Based on GuruFocus' analysis, CE Technology Bhd stock appears to be undervalued.
The current stock price of RM0.85 is trading 48.5% below its estimated GF Value™ of RM1.65.
GuruFocus considers CE Technology Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:03024:
Days Payable: 22.54 (near median its 10-year median of 22.53)
GF Value™: RM1.65 vs. price of RM0.85 (48.5% below fair value)
Industry Position: 62.4% below the Chemicals median (#1406 of 1555)
No single metric tells the full story. See the XKLS:03024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CE Technology Bhd is principally engaged in the research, development, post-processing, manufacturing, and sales of cleanroom gloves. It mainly serves the needs of the high-end critical environment industries such as disk drives, semiconductors, electronic devices, flat panels, biotech, medical devices, pharmaceutical, and aerospace manufacturing industries. Geographically, it earns revenues from Malaysia, ASEAN, Europe, the USA, Japan, China, and Others. The company earns maximum revenue from the USA.
72GF Score
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