The historical rank and industry rank for Go Innovate Asia Bhd's Days Payable or its related term are showing as below:
XKLS:03028'
s Days Payable Range Over the Past 10 Years
Min: 0.71 Med: 6.71 Max: 18.79
Current: 11.79
During the past 8 years, Go Innovate Asia Bhd's highest Days Payable was 18.79. The lowest was 0.71. And the median was 6.71.
XKLS:03028's Days Payable is not ranked
in the Capital Markets industry.
Industry Median: 92.89
vs XKLS:03028: 11.79
Go Innovate Asia Bhd's Days Payable
declined
from Jun. 2024 (9.64) to Jun. 2025 (9.12).
It may suggest that Go Innovate Asia Bhdaccelerated paying its suppliers.
Go Innovate Asia Bhd Days Payable Related Terms
Go Innovate Asia Bhd Days Payable Historical Data
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The historical data trend for Go Innovate Asia 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:03028 vs MS, GS, SCHW: Days Payable Comparison
For the Capital Markets subindustry, Go Innovate Asia 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.
Go Innovate Asia Bhd Days Payable vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Go Innovate Asia Bhd's Days Payable distribution charts can be found below:
* The bar in red indicates where Go Innovate Asia 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.
Go Innovate Asia Bhd's Days Payable for the fiscal year that ended in Dec. 2024 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.
Go Innovate Asia Bhd (XKLS:03028) has a Days Payable of 9.12 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Go Innovate Asia Bhd and its competitors. This is 36% above median its historical median of 6.71. Over the past decade, Go Innovate Asia Bhd's Days Payable has ranged from 0.71 to 18.79.
Is Go Innovate Asia Bhd's Days Payable too high?
Go Innovate Asia Bhd's current Days Payable of 9.12 is 36% above median its 10-year median of 6.71. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 18.79. The Capital Markets industry median Days Payable is 92.89. Go Innovate Asia Bhd's value of 9.12 is 90.2% below this industry median.
How does Go Innovate Asia Bhd's Days Payable compare to MS and GS?
Go Innovate Asia Bhd's Days Payable of 9.12 can be compared against companies in the Capital Markets industry. The industry median Days Payable is 92.89. Go Innovate Asia Bhd's value of 9.12 is 90.2% below this benchmark. Historically, Go Innovate Asia Bhd's own Days Payable has ranged from 0.71 to 18.79 over the past decade. While the company's 10-year median is 6.71 vs. the industry median of 92.89, Go Innovate Asia 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 92.89, based on 541 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. Go Innovate Asia Bhd's current Days Payable of 9.12 is 90.2% 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 Go Innovate Asia Bhd and its competitors. For the Capital Markets industry, the median Days Payable is 92.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Go Innovate Asia Bhd's current Days Payable is 9.12, which is 36% above median its own 10-year median of 6.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Go Innovate Asia Bhd stock overvalued right now?
Go Innovate Asia Bhd (XKLS:03028) has a current Days Payable of 9.12. The stock's GF Value™ is RM0.38, compared to a current price of RM0.03 — trading 92.1% below its estimated fair value. The current Days Payable is 9.12, which is 36% above median its 10-year median of 6.71 and 90.2% below the Capital Markets industry median of 92.89. 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 Go Innovate Asia Bhd (XKLS:03028), the current Days Payable is 9.12 as of Jun. 2025. 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.
Go Innovate Asia Bhd is investment holding company. The principal activities of its subsidiaries include trading in precious metals, provide services relating to the online precious metals trading platform and such other business which are necessary for and/or incident to the aforesaid business, developing information technology (IT), dealing and trading in providing information, communication and technology (ICT) services and consultancy, deal, trade and provide software research and development businesses, technical testing and analysis, assaying and refining of precious metals, and promoting and marketing all kinds of gold products.
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