Chemlite Innovation Bhd (XKLS:0348) Days Payable: 9.41 (As of Mar. 2026) — 74% Below Median


XKLS:0348 Chemlite Innovation Bhd XKLS:0348
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What is Chemlite Innovation Bhd Days Payable?

Chemlite Innovation Bhd XKLS:0348 20 Days Payable is 9.41 as of Mar. 2026, which is 74% below its 10-year median of 35.81. GuruFocus rates XKLS:0348 with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 2,991 Industrial Products companies, Chemlite Innovation Bhd ranks worse than 90.77% on this metric.

Chemlite Innovation Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM0.52 Mil. Chemlite Innovation Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM5.07 Mil. Hence, Chemlite Innovation Bhd's Days Payable for the three months ended in Mar. 2026 was 9.41.

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

XKLS:0348' s Days Payable Range Over the Past 10 Years
Min: 16.88   Med: 35.81   Max: 58.87
Current: 25.35

During the past 5 years, Chemlite Innovation Bhd's highest Days Payable was 58.87. The lowest was 16.88. And the median was 35.81.

XKLS:0348's Days Payable is ranked worse than
90.77% of 2991 companies
in the Industrial Products industry
Industry Median: 78.08 vs XKLS:0348: 25.35

Chemlite Innovation Bhd's Days Payable declined from Mar. 2025 (38.91) to Mar. 2026 (9.41). It may suggest that Chemlite Innovation Bhd accelerated paying its suppliers.


Chemlite Innovation Bhd Days Payable Historical Data

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The historical data trend for Chemlite Innovation 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.

Chemlite Innovation Bhd Days Payable Chart

Chemlite Innovation Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
23.96 40.83 58.87 35.81 16.88

Chemlite Innovation Bhd Quarterly Data
Dec21 Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only 38.91 41.04 29.33 17.56 9.41

XKLS:0348 vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Chemlite Innovation 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.


Chemlite Innovation Bhd Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chemlite Innovation Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Chemlite Innovation Bhd's Days Payable falls into.


XKLS:0348
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Chemlite Innovation Bhd XKLS:0348
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chemlite Innovation 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.

Chemlite Innovation 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
=( (1.934 + 0.619) / 2 ) / 27.606*365
=1.2765 / 27.606*365
=16.88

Chemlite Innovation 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
=( (0.619 + 0.426) / 2 ) / 5.068*365 / 4
=0.5225 / 5.068*365 / 4
=9.41

* 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 9.41 mean?
Chemlite Innovation Bhd (XKLS:0348) has a Days Payable of 9.41 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 Chemlite Innovation Bhd and its competitors. This is 74% below median its historical median of 35.81. Over the past decade, Chemlite Innovation Bhd's Days Payable has ranged from 16.88 to 58.87. According to the industry distribution chart, Chemlite Innovation Bhd ranks #2715 out of 2991 companies in the Industrial Products industry, placing it in the top 90.8%.
Is Chemlite Innovation Bhd's Days Payable too high?
Chemlite Innovation Bhd's current Days Payable of 9.41 is 74% below median its 10-year median of 35.81. Over the past 10 years, this metric has ranged from a low of 16.88 to a high of 58.87. The Industrial Products industry median Days Payable is 78.08. Chemlite Innovation Bhd's value of 9.41 is 87.9% below this industry median. Based on the distribution chart, Chemlite Innovation Bhd ranks #2715 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Chemlite Innovation Bhd has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Chemlite Innovation Bhd's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Chemlite Innovation Bhd ranks #2715 out of 2991 companies for Days Payable. This places Chemlite Innovation Bhd in the lower half of its industry. The industry median Days Payable is 78.08. Chemlite Innovation Bhd's value of 9.41 is 87.9% below this benchmark. Historically, Chemlite Innovation Bhd's own Days Payable has ranged from 16.88 to 58.87 over the past decade. While the company's 10-year median is 35.81 vs. the industry median of 78.08, Chemlite Innovation 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,991 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. Chemlite Innovation Bhd's current Days Payable of 9.41 is 87.9% 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 Chemlite Innovation Bhd and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chemlite Innovation Bhd's current Days Payable is 9.41, which is 74% below median its own 10-year median of 35.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemlite Innovation Bhd stock overvalued right now?
Chemlite Innovation Bhd (XKLS:0348) has a current Days Payable of 9.41. The current Days Payable is 9.41, which is 74% below median its 10-year median of 35.81 and 87.9% below the Industrial Products industry median of 78.08. Chemlite Innovation Bhd's overall GF Score™ is 20/100 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 Chemlite Innovation Bhd (XKLS:0348), the current Days Payable is 9.41 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.

Chemlite Innovation Bhd Business Description

Address No. 1297, Lorong Perindustrian Bukit Minyak 22, Taman Perindustrian Bukit Minyak (Penang Science Park, Simpang Ampat, PNG, MYS, 14100
Chemlite Innovation Bhd operates in the engineering support industry. It provide surface finishing treatment services to companies operating in the semiconductor and E&E industries. It specialises in the provision of metal plating services on intermediate metal products, plating a composition of multi-layer metal coatings. It also provide non-metal plating services on intermediate metal products, which include anodising and other non-metal plating services. The company operates in two business segments: Metal plating and Non-metal plating. Key revenue is generated from Metal plating, which includes the deposition of additional layers of metal coatings onto the surface of the intermediate metal products. It generates maximum revenue from Malaysia.
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