Solar District Cooling Group Bhd (XKLS:0321) Days Payable: 60.24 (As of Mar. 2026) — Near Median


XKLS:0321 Solar District Cooling Group Bhd XKLS:0321
48 GF Score
Price RM0.71
! 7 Warning Signs
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What is Solar District Cooling Group Bhd Days Payable?

Solar District Cooling Group Bhd XKLS:0321 48 Days Payable is 60.24 as of Mar. 2026, which is 2% above its 10-year median of 59.28. GuruFocus rates XKLS:0321 with a GF Score™ of 48/100. The stock has 7 warning signs investors should review. Among 940 Business Services companies, Solar District Cooling Group Bhd ranks better than 53.83% on this metric.

Solar District Cooling Group Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM3.49 Mil. Solar District Cooling Group Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM5.28 Mil. Hence, Solar District Cooling Group Bhd's Days Payable for the three months ended in Mar. 2026 was 60.24.

The historical rank and industry rank for Solar District Cooling Group Bhd's Days Payable or its related term are showing as below:

XKLS:0321' s Days Payable Range Over the Past 10 Years
Min: 38.44   Med: 59.28   Max: 64.04
Current: 51.37

During the past 6 years, Solar District Cooling Group Bhd's highest Days Payable was 64.04. The lowest was 38.44. And the median was 59.28.

XKLS:0321's Days Payable is ranked better than
53.83% of 940 companies
in the Business Services industry
Industry Median: 46.88 vs XKLS:0321: 51.37

Solar District Cooling Group Bhd's Days Payable increased from Mar. 2025 (42.80) to Mar. 2026 (60.24). It may suggest that Solar District Cooling Group Bhd delayed paying its suppliers.


Solar District Cooling Group Bhd Days Payable Related Terms


Solar District Cooling Group Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Solar District Cooling Group 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.

Solar District Cooling Group Bhd Days Payable Chart

Solar District Cooling Group Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 44.98 60.47 60.46 64.04 58.10

Solar District Cooling Group Bhd Quarterly Data
Dec20 Dec21 Dec22 Dec23 May24 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 42.80 41.43 48.12 47.44 60.24

XKLS:0321 vs CTAS, CPRT, ULS: Days Payable Comparison

For the Specialty Business Services subindustry, Solar District Cooling Group 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.


Solar District Cooling Group Bhd Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Solar District Cooling Group Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Solar District Cooling Group Bhd's Days Payable falls into.


XKLS:0321
48GF Score
Solar District Cooling Group Bhd XKLS:0321
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Solar District Cooling Group 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.

Solar District Cooling Group 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
=( (1.375 + 2.997) / 2 ) / 13.732*365
=2.186 / 13.732*365
=58.10

Solar District Cooling Group 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
=( (2.997 + 3.974) / 2 ) / 5.28*365 / 4
=3.4855 / 5.28*365 / 4
=60.24

* 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 60.24 mean?
Solar District Cooling Group Bhd (XKLS:0321) has a Days Payable of 60.24 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 Solar District Cooling Group Bhd and its competitors. This is near median its historical median of 59.28. Over the past decade, Solar District Cooling Group Bhd's Days Payable has ranged from 38.44 to 64.04. According to the industry distribution chart, Solar District Cooling Group Bhd ranks #434 out of 940 companies in the Business Services industry, placing it in the top 46.2%.
Is Solar District Cooling Group Bhd's Days Payable too high?
Solar District Cooling Group Bhd's current Days Payable of 60.24 is near median its 10-year median of 59.28. Over the past 10 years, this metric has ranged from a low of 38.44 to a high of 64.04. The Business Services industry median Days Payable is 46.88. Solar District Cooling Group Bhd's value of 60.24 is 28.5% above this industry median. Based on the distribution chart, Solar District Cooling Group Bhd ranks #434 out of 940 companies in the Business Services industry, which is above the industry midpoint. Overall, Solar District Cooling Group Bhd has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Solar District Cooling Group Bhd's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Solar District Cooling Group Bhd ranks #434 out of 940 companies for Days Payable. This puts Solar District Cooling Group Bhd in the upper half of its industry. The industry median Days Payable is 46.88. Solar District Cooling Group Bhd's value of 60.24 is 28.5% above this benchmark. Historically, Solar District Cooling Group Bhd's own Days Payable has ranged from 38.44 to 64.04 over the past decade. While the company's 10-year median is 59.28 vs. the industry median of 46.88, Solar District Cooling Group 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 Business Services company?
The median Days Payable among Business Services companies is 46.88, based on 940 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. Solar District Cooling Group Bhd's current Days Payable of 60.24 is 28.5% 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 Solar District Cooling Group Bhd and its competitors. For the Business Services industry, the median Days Payable is 46.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar District Cooling Group Bhd's current Days Payable is 60.24, which is near median its own 10-year median of 59.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar District Cooling Group Bhd stock overvalued right now?
Solar District Cooling Group Bhd (XKLS:0321) has a current Days Payable of 60.24. The current Days Payable is 60.24, which is near median its 10-year median of 59.28 and 28.5% above the Business Services industry median of 46.88. Solar District Cooling Group Bhd's overall GF Score™ is 48/100 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 Solar District Cooling Group Bhd (XKLS:0321), the current Days Payable is 60.24 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.

Solar District Cooling Group Bhd Business Description

Address Jalan Kajang Perdana 3/2, Wisma SDC, No. 25, Taman Kajang Perdana, Kajang, SGR, MYS, 43000
Solar District Cooling Group Bhd is principally involved in the provision and maintenance of Building Management Systems (BMS), solar thermal systems, energy saving systems and other energy services. The company specialises in the maintenance of gas-fired chillers, ensuring reliable and efficient cooling solutions. Its wholly-owned subsidiary is principally involved in mechanical and electrical works, and project management services. The segments of the company are Building Management Systems, Solar Thermal Systems & Energy Saving Services, and Maintenance of Other Systems and Equipment. Out of three segments, BMS segment generates key revenue and with focus on Malaysia, Singapore and Brunei markets.
48GF Score

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