Associated Air-Pak Industries Bhd (XKLS:03067) Days Payable: 17.81 (As of Dec. 2025) — 30% Above Median

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What is Associated Air-Pak Industries Bhd Days Payable?

Associated Air-Pak Industries Bhd XKLS:03067 Days Payable is 17.81 as of Dec. 2025, which is 30% above its 10-year median of 13.73. The stock has 3 warning signs investors should review. Among 390 Packaging & Containers companies, Associated Air-Pak Industries Bhd ranks better than 55.38% on this metric.

Associated Air-Pak Industries Bhd's average Accounts Payable for the three months ended in Dec. 2025 was RM2.34 Mil. Associated Air-Pak Industries Bhd's Cost of Goods Sold for the three months ended in Dec. 2025 was RM12.00 Mil. Hence, Associated Air-Pak Industries Bhd's Days Payable for the three months ended in Dec. 2025 was 17.81.

The historical rank and industry rank for Associated Air-Pak Industries Bhd's Days Payable or its related term are showing as below:

XKLS:03067' s Days Payable Range Over the Past 10 Years
Min: 12.5   Med: 13.73   Max: 65.78
Current: 65.78

During the past 3 years, Associated Air-Pak Industries Bhd's highest Days Payable was 65.78. The lowest was 12.50. And the median was 13.73.

XKLS:03067's Days Payable is ranked better than
55.38% of 390 companies
in the Packaging & Containers industry
Industry Median: 57.94 vs XKLS:03067: 65.78

Associated Air-Pak Industries Bhd's Days Payable increased from . 20 (0.00) to Dec. 2025 (17.81). It may suggest that Associated Air-Pak Industries Bhd delayed paying its suppliers.


Associated Air-Pak Industries Bhd Days Payable Related Terms


Associated Air-Pak Industries Bhd Days Payable Historical Data

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The historical data trend for Associated Air-Pak Industries 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.

Associated Air-Pak Industries Bhd Days Payable Chart

Associated Air-Pak Industries Bhd Annual Data
Trend Dec23 Dec24 Dec25
Days Payable
12.50 13.73 19.37

Associated Air-Pak Industries Bhd Quarterly Data
Dec23 Dec24 Sep25 Dec25
Days Payable 0.00 12.94 0.00 17.81

XKLS:03067 vs SW, AMCR, PKG: Days Payable Comparison

For the Packaging & Containers subindustry, Associated Air-Pak Industries 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.


Associated Air-Pak Industries Bhd Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Associated Air-Pak Industries Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Associated Air-Pak Industries Bhd's Days Payable falls into.



Associated Air-Pak Industries 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.

Associated Air-Pak Industries 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
=( (1.804 + 2.671) / 2 ) / 42.158*365
=2.2375 / 42.158*365
=19.37

Associated Air-Pak Industries Bhd's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (2.015 + 2.671) / 2 ) / 12.004*365 / 4
=2.343 / 12.004*365 / 4
=17.81

* 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 17.81 mean?
Associated Air-Pak Industries Bhd (XKLS:03067) has a Days Payable of 17.81 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Associated Air-Pak Industries Bhd and its competitors. This is 30% above median its historical median of 13.73. Over the past decade, Associated Air-Pak Industries Bhd's Days Payable has ranged from 12.50 to 65.78. According to the industry distribution chart, Associated Air-Pak Industries Bhd ranks #174 out of 390 companies in the Packaging & Containers industry, placing it in the top 44.6%.
Is Associated Air-Pak Industries Bhd's Days Payable too high?
Associated Air-Pak Industries Bhd's current Days Payable of 17.81 is 30% above median its 10-year median of 13.73. Over the past 10 years, this metric has ranged from a low of 12.50 to a high of 65.78. The Packaging & Containers industry median Days Payable is 57.94. Associated Air-Pak Industries Bhd's value of 17.81 is 69.3% below this industry median. Based on the distribution chart, Associated Air-Pak Industries Bhd ranks #174 out of 390 companies in the Packaging & Containers industry, which is above the industry midpoint.
How does Associated Air-Pak Industries Bhd's Days Payable compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Associated Air-Pak Industries Bhd ranks #174 out of 390 companies for Days Payable. This puts Associated Air-Pak Industries Bhd in the upper half of its industry. The industry median Days Payable is 57.94. Associated Air-Pak Industries Bhd's value of 17.81 is 69.3% below this benchmark. Historically, Associated Air-Pak Industries Bhd's own Days Payable has ranged from 12.50 to 65.78 over the past decade. While the company's 10-year median is 13.73 vs. the industry median of 57.94, Associated Air-Pak Industries 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.94, based on 390 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. Associated Air-Pak Industries Bhd's current Days Payable of 17.81 is 69.3% 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 Associated Air-Pak Industries Bhd and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated Air-Pak Industries Bhd's current Days Payable is 17.81, which is 30% above median its own 10-year median of 13.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Air-Pak Industries Bhd stock overvalued right now?
Associated Air-Pak Industries Bhd (XKLS:03067) has a current Days Payable of 17.81. The current Days Payable is 17.81, which is 30% above median its 10-year median of 13.73 and 69.3% below the Packaging & Containers industry median of 57.94. 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 Associated Air-Pak Industries Bhd (XKLS:03067), the current Days Payable is 17.81 as of Dec. 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.

Associated Air-Pak Industries Bhd Business Description

Address 9, Persiaran Rishah 9, Kawasan Perindustrian Silibin, Perak Darul Ridzuan, Ipoh, PRK, MYS, 30100
Associated Air-Pak Industries Bhd is a manufacturer of Expanded Polyethylene Foam and Expanded Polystyrene Foam sheet. It provides range of packaging products such as Bubblepak, Expanded PE Foam, Polyethylene Films, Multi-laminated Structures, and Rolls/Sheets/Trays.