Sin-Kung Logistics Bhd (XKLS:0305) Days Payable: 6.11 (As of Mar. 2026) — 21% Below Median


What is Sin-Kung Logistics Bhd Days Payable?

Sin-Kung Logistics Bhd XKLS:0305 Days Payable is 6.11 as of Mar. 2026, which is 21% below its 10-year median of 7.70. The stock has 6 warning signs investors should review. Among 964 Transportation companies, Sin-Kung Logistics Bhd ranks worse than 96.58% on this metric.

Sin-Kung Logistics Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM0.88 Mil. Sin-Kung Logistics Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM13.16 Mil. Hence, Sin-Kung Logistics Bhd's Days Payable for the three months ended in Mar. 2026 was 6.11.

The historical rank and industry rank for Sin-Kung Logistics Bhd's Days Payable or its related term are showing as below:

XKLS:0305' s Days Payable Range Over the Past 10 Years
Min: 2.35   Med: 7.7   Max: 13.68
Current: 6.27

During the past 6 years, Sin-Kung Logistics Bhd's highest Days Payable was 13.68. The lowest was 2.35. And the median was 7.70.

XKLS:0305's Days Payable is ranked worse than
96.58% of 964 companies
in the Transportation industry
Industry Median: 39.01 vs XKLS:0305: 6.27

Sin-Kung Logistics Bhd's Days Payable increased from Mar. 2025 (5.01) to Mar. 2026 (6.11). It may suggest that Sin-Kung Logistics Bhd delayed paying its suppliers.


Sin-Kung Logistics Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Sin-Kung Logistics 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.

Sin-Kung Logistics Bhd Days Payable Chart

Sin-Kung Logistics Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 13.42 10.66 4.73 2.35 3.65

Sin-Kung Logistics Bhd Quarterly Data
Dec20 Dec21 Dec22 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 5.01 6.86 7.11 4.90 6.11

XKLS:0305 vs UPS, FDX, JBHT: Days Payable Comparison

For the Integrated Freight & Logistics subindustry, Sin-Kung Logistics 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.


Sin-Kung Logistics Bhd Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Sin-Kung Logistics Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Sin-Kung Logistics Bhd's Days Payable falls into.



Sin-Kung Logistics 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.

Sin-Kung Logistics 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
=( (0.219 + 0.652) / 2 ) / 43.556*365
=0.4355 / 43.556*365
=3.65

Sin-Kung Logistics 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
=( (0.652 + 1.111) / 2 ) / 13.157*365 / 4
=0.8815 / 13.157*365 / 4
=6.11

* 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 6.11 mean?
Sin-Kung Logistics Bhd (XKLS:0305) has a Days Payable of 6.11 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 Sin-Kung Logistics Bhd and its competitors. This is 21% below median its historical median of 7.70. Over the past decade, Sin-Kung Logistics Bhd's Days Payable has ranged from 2.35 to 13.68. According to the industry distribution chart, Sin-Kung Logistics Bhd ranks #931 out of 964 companies in the Transportation industry, placing it in the top 96.6%.
Is Sin-Kung Logistics Bhd's Days Payable too high?
Sin-Kung Logistics Bhd's current Days Payable of 6.11 is 21% below median its 10-year median of 7.70. Over the past 10 years, this metric has ranged from a low of 2.35 to a high of 13.68. The Transportation industry median Days Payable is 39.01. Sin-Kung Logistics Bhd's value of 6.11 is 84.3% below this industry median. Based on the distribution chart, Sin-Kung Logistics Bhd ranks #931 out of 964 companies in the Transportation industry, which is in the bottom quartile relative to peers.
How does Sin-Kung Logistics Bhd's Days Payable compare to UPS and FDX?
According to the Transportation industry distribution chart, Sin-Kung Logistics Bhd ranks #931 out of 964 companies for Days Payable. This places Sin-Kung Logistics Bhd in the lower half of its industry. The industry median Days Payable is 39.01. Sin-Kung Logistics Bhd's value of 6.11 is 84.3% below this benchmark. Historically, Sin-Kung Logistics Bhd's own Days Payable has ranged from 2.35 to 13.68 over the past decade. While the company's 10-year median is 7.70 vs. the industry median of 39.01, Sin-Kung Logistics 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 Transportation company?
The median Days Payable among Transportation companies is 39.01, based on 964 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. Sin-Kung Logistics Bhd's current Days Payable of 6.11 is 84.3% 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 Sin-Kung Logistics Bhd and its competitors. For the Transportation industry, the median Days Payable is 39.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sin-Kung Logistics Bhd's current Days Payable is 6.11, which is 21% below median its own 10-year median of 7.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sin-Kung Logistics Bhd stock overvalued right now?
Sin-Kung Logistics Bhd (XKLS:0305) has a current Days Payable of 6.11. The current Days Payable is 6.11, which is 21% below median its 10-year median of 7.70 and 84.3% below the Transportation industry median of 39.01. 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 Sin-Kung Logistics Bhd (XKLS:0305), the current Days Payable is 6.11 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.

Sin-Kung Logistics Bhd Business Description

Address Jalan Bukit Kemuning, Lot 1928, Shah Alam, SGR, MYS, 40460
Sin-Kung Logistics Bhd is an integrated logistics service provider. It is involved in the provision of trucking services with a focus on airport-to-airport road feeder services and also provide container haulage services, warehousing and distribution services, and other logistics-related services. The company operates in Malaysia, and Overseas, like Asia, Europe, Middle East, People's Republic of China (PRC), Singapore, and Others, with the majority of revenue from Singapore.