SIK Cheong Bhd (XKLS:0316) Days Payable: 5.09 (As of Mar. 2026) — 41% Above Median


XKLS:0316 SIK Cheong Bhd XKLS:0316
43 GF Score
Price RM0.12
! 3 Warning Signs
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What is SIK Cheong Bhd Days Payable?

SIK Cheong Bhd XKLS:0316 43 Days Payable is 5.09 as of Mar. 2026, which is 41% above its 10-year median of 3.62. GuruFocus rates XKLS:0316 with a GF Score™ of 43/100. The stock has 3 warning signs investors should review. Among 1,881 Consumer Packaged Goods companies, SIK Cheong Bhd ranks worse than 98.09% on this metric.

SIK Cheong Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM1.19 Mil. SIK Cheong Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM21.36 Mil. Hence, SIK Cheong Bhd's Days Payable for the three months ended in Mar. 2026 was 5.09.

The historical rank and industry rank for SIK Cheong Bhd's Days Payable or its related term are showing as below:

XKLS:0316' s Days Payable Range Over the Past 10 Years
Min: 2.95   Med: 3.62   Max: 5.02
Current: 4.66

During the past 6 years, SIK Cheong Bhd's highest Days Payable was 5.02. The lowest was 2.95. And the median was 3.62.

XKLS:0316's Days Payable is ranked worse than
98.09% of 1881 companies
in the Consumer Packaged Goods industry
Industry Median: 44.14 vs XKLS:0316: 4.66

SIK Cheong Bhd's Days Payable increased from Mar. 2025 (3.85) to Mar. 2026 (5.09). It may suggest that SIK Cheong Bhd delayed paying its suppliers.


SIK Cheong Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for SIK Cheong 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.

SIK Cheong Bhd Days Payable Chart

SIK Cheong Bhd Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 4.22 3.24 2.95 4.00 5.02

SIK Cheong Bhd Quarterly Data
Mar21 Mar22 Mar23 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 3.85 4.19 4.29 4.67 5.09

XKLS:0316 vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, SIK Cheong 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.


SIK Cheong Bhd Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SIK Cheong Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where SIK Cheong Bhd's Days Payable falls into.


XKLS:0316
43GF Score
SIK Cheong Bhd XKLS:0316
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SIK Cheong 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.

SIK Cheong Bhd's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (0.94 + 1.3) / 2 ) / 81.515*365
=1.12 / 81.515*365
=5.02

SIK Cheong 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
=( (1.081 + 1.3) / 2 ) / 21.363*365 / 4
=1.1905 / 21.363*365 / 4
=5.09

* 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 5.09 mean?
SIK Cheong Bhd (XKLS:0316) has a Days Payable of 5.09 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 SIK Cheong Bhd and its competitors. This is 41% above median its historical median of 3.62. Over the past decade, SIK Cheong Bhd's Days Payable has ranged from 2.95 to 5.02. According to the industry distribution chart, SIK Cheong Bhd ranks #1845 out of 1881 companies in the Consumer Packaged Goods industry, placing it in the top 98.1%.
Is SIK Cheong Bhd's Days Payable too high?
SIK Cheong Bhd's current Days Payable of 5.09 is 41% above median its 10-year median of 3.62. Over the past 10 years, this metric has ranged from a low of 2.95 to a high of 5.02. The Consumer Packaged Goods industry median Days Payable is 44.14. SIK Cheong Bhd's value of 5.09 is 88.5% below this industry median. Based on the distribution chart, SIK Cheong Bhd ranks #1845 out of 1881 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, SIK Cheong Bhd has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does SIK Cheong Bhd's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, SIK Cheong Bhd ranks #1845 out of 1881 companies for Days Payable. This places SIK Cheong Bhd in the lower half of its industry. The industry median Days Payable is 44.14. SIK Cheong Bhd's value of 5.09 is 88.5% below this benchmark. Historically, SIK Cheong Bhd's own Days Payable has ranged from 2.95 to 5.02 over the past decade. While the company's 10-year median is 3.62 vs. the industry median of 44.14, SIK Cheong 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.14, based on 1,881 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. SIK Cheong Bhd's current Days Payable of 5.09 is 88.5% 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 SIK Cheong Bhd and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SIK Cheong Bhd's current Days Payable is 5.09, which is 41% above median its own 10-year median of 3.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIK Cheong Bhd stock overvalued right now?
SIK Cheong Bhd (XKLS:0316) has a current Days Payable of 5.09. The current Days Payable is 5.09, which is 41% above median its 10-year median of 3.62 and 88.5% below the Consumer Packaged Goods industry median of 44.14. SIK Cheong Bhd's overall GF Score™ is 43/100 with 3 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 SIK Cheong Bhd (XKLS:0316), the current Days Payable is 5.09 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.

SIK Cheong Bhd Business Description

Address No. 11, Jalan 6/14, Kampung Tasik Tambahan, Darul Ehsan, Ampang, SGR, MYS, 68000
SIK Cheong Bhd is involved in the repackaging, marketing and distribution of RBD palm olein oil products. Its products include RBD palm olein cooking oil, which are sold under brands, Sawit Emas and Vitamas, or sold unbranded and also sell RBD palm olein lamp oil under brand, Pingat Emas. The company products are consumed and used commercially and in households.
43GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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