Saliran Group Bhd (XKLS:0346) Days Payable: 21.64 (As of Mar. 2026) — 38% Below Median


XKLS:0346 Saliran Group Bhd XKLS:0346
12 GF Score
Price RM0.19
! 1 Warning Sign
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What is Saliran Group Bhd Days Payable?

Saliran Group Bhd XKLS:0346 +2.78% 12 Days Payable is 21.64 as of Mar. 2026, which is 38% below its 10-year median of 34.82. GuruFocus rates XKLS:0346 with a GF Score™ of 12/100. The stock has 1 warning sign investors should review. Among 597 Steel companies, Saliran Group Bhd ranks worse than 72.36% on this metric.

Saliran Group Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM24.0 Mil. Saliran Group Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM101.3 Mil. Hence, Saliran Group Bhd's Days Payable for the three months ended in Mar. 2026 was 21.64.

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

XKLS:0346' s Days Payable Range Over the Past 10 Years
Min: 15.1   Med: 34.82   Max: 50.9
Current: 24.73

During the past 5 years, Saliran Group Bhd's highest Days Payable was 50.90. The lowest was 15.10. And the median was 34.82.

XKLS:0346's Days Payable is ranked worse than
72.36% of 597 companies
in the Steel industry
Industry Median: 41.39 vs XKLS:0346: 24.73

Saliran Group Bhd's Days Payable declined from Mar. 2025 (29.38) to Mar. 2026 (21.64). It may suggest that Saliran Group Bhd accelerated paying its suppliers.


Saliran Group Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Saliran 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.

Saliran Group Bhd Days Payable Chart

Saliran Group Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
50.90 37.59 34.82 27.34 15.10

Saliran Group Bhd Quarterly Data
Dec21 Dec22 Dec23 Aug24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.38 24.58 28.80 23.21 21.64

XKLS:0346 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Saliran 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.


Saliran Group Bhd Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Saliran Group Bhd's Days Payable distribution charts can be found below:

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


XKLS:0346
12GF Score
Saliran Group Bhd XKLS:0346
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Saliran 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.

Saliran 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
=( (19.8 + 16.21) / 2 ) / 435.253*365
=18.005 / 435.253*365
=15.10

Saliran 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
=( (16.21 + 31.818) / 2 ) / 101.263*365 / 4
=24.014 / 101.263*365 / 4
=21.64

* 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 21.64 mean?
Saliran Group Bhd (XKLS:0346) has a Days Payable of 21.64 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 Saliran Group Bhd and its competitors. This is 38% below median its historical median of 34.82. Over the past decade, Saliran Group Bhd's Days Payable has ranged from 15.10 to 50.90. According to the industry distribution chart, Saliran Group Bhd ranks #432 out of 597 companies in the Steel industry, placing it in the top 72.4%.
Is Saliran Group Bhd's Days Payable too high?
Saliran Group Bhd's current Days Payable of 21.64 is 38% below median its 10-year median of 34.82. Over the past 10 years, this metric has ranged from a low of 15.10 to a high of 50.90. The Steel industry median Days Payable is 41.39. Saliran Group Bhd's value of 21.64 is 47.7% below this industry median. Based on the distribution chart, Saliran Group Bhd ranks #432 out of 597 companies in the Steel industry, which is below the industry midpoint. Overall, Saliran Group Bhd has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Saliran Group Bhd's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Saliran Group Bhd ranks #432 out of 597 companies for Days Payable. This places Saliran Group Bhd in the lower half of its industry. The industry median Days Payable is 41.39. Saliran Group Bhd's value of 21.64 is 47.7% below this benchmark. Historically, Saliran Group Bhd's own Days Payable has ranged from 15.10 to 50.90 over the past decade. While the company's 10-year median is 34.82 vs. the industry median of 41.39, Saliran Group 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 597 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. Saliran Group Bhd's current Days Payable of 21.64 is 47.7% 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 Saliran Group Bhd and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saliran Group Bhd's current Days Payable is 21.64, which is 38% below median its own 10-year median of 34.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saliran Group Bhd stock overvalued right now?
Saliran Group Bhd (XKLS:0346) has a current Days Payable of 21.64. The current Days Payable is 21.64, which is 38% below median its 10-year median of 34.82 and 47.7% below the Steel industry median of 41.39. Saliran Group Bhd's overall GF Score™ is 12/100 with 1 warning sign 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 Saliran Group Bhd (XKLS:0346), the current Days Payable is 21.64 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.

Saliran Group Bhd Business Description

Address No. 14 & 16, Jalan Industri PBP 5, Taman Perindustrian Pusat, Bandar Puchong, Puchong, SGR, MYS, 47100
Saliran Group Bhd is involved in the supply and distribution of pipes, fittings, flanges, and related parts and accessories, as well as steel products, where its products are used in the oil and gas industry. It also manufactures fittings and flanges to complement its supply and distribution business. Its products are Pipes, fittings and flanges as well as related parts and accessories, which are used for the transfer of fluid and gaseous substances in production and refining/processing activities; and Steel products, which include steel beams, steel bars, steel plates and steel sections which are used as structural support for the installation of its pipes, fittings and flanges and/or for the construction of process plants. It derives the majority of its revenue from the Trading segment.
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