* 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:03052 vs FSLR, NXT, ENPH: Days Payable Comparison
For the Solar subindustry, Ray Go Solar Holdings 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.
Ray Go Solar Holdings Bhd Days Payable vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Ray Go Solar Holdings Bhd's Days Payable distribution charts can be found below:
* The bar in red indicates where Ray Go Solar Holdings Bhd's Days Payable falls into.
Ray Go Solar Holdings 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.
Ray Go Solar Holdings Bhd's Days Payable for the fiscal year that ended in Oct. 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.
Ray Go Solar Holdings Bhd (XKLS:03052) has a Days Payable of 71.36 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ray Go Solar Holdings Bhd and its competitors. This is 13% below median its historical median of 82.09. Over the past decade, Ray Go Solar Holdings Bhd's Days Payable has ranged from 31.41 to 219.55.
Is Ray Go Solar Holdings Bhd's Days Payable too high?
Ray Go Solar Holdings Bhd's current Days Payable of 71.36 is 13% below median its 10-year median of 82.09. Over the past 10 years, this metric has ranged from a low of 31.41 to a high of 219.55. The Semiconductors industry median Days Payable is 53.06. Ray Go Solar Holdings Bhd's value of 71.36 is 34.5% above this industry median. Overall, Ray Go Solar Holdings Bhd has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Ray Go Solar Holdings Bhd's Days Payable compare to FSLR and NXT?
Ray Go Solar Holdings Bhd's Days Payable of 71.36 can be compared against companies in the Semiconductors industry. The industry median Days Payable is 53.06. Ray Go Solar Holdings Bhd's value of 71.36 is 34.5% above this benchmark. Historically, Ray Go Solar Holdings Bhd's own Days Payable has ranged from 31.41 to 219.55 over the past decade. While the company's 10-year median is 82.09 vs. the industry median of 53.06, Ray Go Solar Holdings 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 997 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. Ray Go Solar Holdings Bhd's current Days Payable of 71.36 is 34.5% 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 Ray Go Solar Holdings Bhd and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ray Go Solar Holdings Bhd's current Days Payable is 71.36, which is 13% below median its own 10-year median of 82.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ray Go Solar Holdings Bhd stock overvalued right now?
Ray Go Solar Holdings Bhd (XKLS:03052) has a current Days Payable of 71.36. The stock's GF Value™ is RM0.24, compared to a current price of RM0.17 — trading 29.2% below its estimated fair value. The current Days Payable is 71.36, which is 13% below median its 10-year median of 82.09 and 34.5% above the Semiconductors industry median of 53.06. Ray Go Solar Holdings Bhd's overall GF Score™ is 43/100 with 7 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 Ray Go Solar Holdings Bhd (XKLS:03052), the current Days Payable is 71.36 as of Apr. 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 Ray Go Solar Holdings Bhd (XKLS:03052) Overvalued in 2026?
Based on GuruFocus' analysis, Ray Go Solar Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.17 is trading 29.2% below its estimated GF Value™ of RM0.24.
Key valuation signals for XKLS:03052:
Days Payable: 71.36 (13% below median its 10-year median of 82.09)
GF Value™: RM0.24 vs. price of RM0.17 (29.2% below fair value)
Industry Position: 34.5% above the Semiconductors median
No single metric tells the full story. See the XKLS:03052 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ray Go Solar Holdings Bhd is a solar engineering procurement construction (EPC) company providing integrated solar services throughout the entire process of installing a photovoltaic (PV) system. Its business segments include Sales of energy generated from solar projects; and Engineering, Procurement, Construction, and Commissions (EPCC) in solar projects; and operations and maintenance for solar projects. Maximum revenue for the company is derived from its EPCC segment. Geographically, it operates only in Malaysia.
43GF Score
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