ICT Zone Asia Bhd (XKLS:0358) Days Payable: 99.11 (As of Jan. 2026) — 12% Above Median


XKLS:0358 ICT Zone Asia Bhd XKLS:0358
63 GF Score
Price RM0.20
GF Value RM0.37
Valuation Possible Value Trap
! 6 Warning Signs
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What is ICT Zone Asia Bhd Days Payable?

ICT Zone Asia Bhd XKLS:0358 +5.26% 63 Days Payable is 99.11 as of Jan. 2026, which is 12% above its 10-year median of 88.64. GuruFocus rates XKLS:0358 with a GF Score™ of 63/100 and a GF Value™ of RM0.37 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,602 Software companies, ICT Zone Asia Bhd ranks better than 66.76% on this metric.

ICT Zone Asia Bhd's average Accounts Payable for the six months ended in Jan. 2026 was RM41.6 Mil. ICT Zone Asia Bhd's Cost of Goods Sold for the six months ended in Jan. 2026 was RM76.5 Mil. Hence, ICT Zone Asia Bhd's Days Payable for the six months ended in Jan. 2026 was 99.11.

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

XKLS:0358' s Days Payable Range Over the Past 10 Years
Min: 50.47   Med: 88.64   Max: 168.38
Current: 92.95

During the past 7 years, ICT Zone Asia Bhd's highest Days Payable was 168.38. The lowest was 50.47. And the median was 88.64.

XKLS:0358's Days Payable is ranked better than
66.76% of 2602 companies
in the Software industry
Industry Median: 53.825 vs XKLS:0358: 92.95

ICT Zone Asia Bhd's Days Payable increased from Jan. 2025 (74.36) to Jan. 2026 (99.11). It may suggest that ICT Zone Asia Bhd delayed paying its suppliers.


ICT Zone Asia Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for ICT Zone Asia 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.

ICT Zone Asia Bhd Days Payable Chart

ICT Zone Asia Bhd Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Days Payable
Get a 7-Day Free Trial 160.84 69.06 54.02 50.47 88.64

ICT Zone Asia Bhd Semi-Annual Data
Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 119.18 61.07 74.36 94.69 99.11

XKLS:0358 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, ICT Zone Asia 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.


ICT Zone Asia Bhd Days Payable vs Software Industry

For the Software industry and Technology sector, ICT Zone Asia Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where ICT Zone Asia Bhd's Days Payable falls into.


XKLS:0358
63GF Score
ICT Zone Asia Bhd XKLS:0358
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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ICT Zone Asia 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.

ICT Zone Asia Bhd's Days Payable for the fiscal year that ended in Jan. 2025 is calculated as

Days Payable (A: Jan. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2024 ) + Accounts Payable (A: Jan. 2025 )) / count ) / Cost of Goods Sold (A: Jan. 2025 )*Days in Period
=( (16.143 + 32.311) / 2 ) / 99.757*365
=24.227 / 99.757*365
=88.64

ICT Zone Asia Bhd's Days Payable for the quarter that ended in Jan. 2026 is calculated as:

Days Payable (Q: Jan. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2025 ) + Accounts Payable (Q: Jan. 2026 )) / count ) / Cost of Goods Sold (Q: Jan. 2026 )*Days in Period
=( (45.062 + 38.045) / 2 ) / 76.517*365 / 2
=41.5535 / 76.517*365 / 2
=99.11

* 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 99.11 mean?
ICT Zone Asia Bhd (XKLS:0358) has a Days Payable of 99.11 as of Jan. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on ICT Zone Asia Bhd and its competitors. This is 12% above median its historical median of 88.64. Over the past decade, ICT Zone Asia Bhd's Days Payable has ranged from 50.47 to 168.38. According to the industry distribution chart, ICT Zone Asia Bhd ranks #865 out of 2602 companies in the Software industry, placing it in the top 33.2%.
Is ICT Zone Asia Bhd's Days Payable too high?
ICT Zone Asia Bhd's current Days Payable of 99.11 is 12% above median its 10-year median of 88.64. Over the past 10 years, this metric has ranged from a low of 50.47 to a high of 168.38. The Software industry median Days Payable is 53.83. ICT Zone Asia Bhd's value of 99.11 is 84.1% above this industry median. Based on the distribution chart, ICT Zone Asia Bhd ranks #865 out of 2602 companies in the Software industry, which is above the industry midpoint. Overall, ICT Zone Asia Bhd has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ICT Zone Asia Bhd's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, ICT Zone Asia Bhd ranks #865 out of 2602 companies for Days Payable. This puts ICT Zone Asia Bhd in the upper half of its industry. The industry median Days Payable is 53.83. ICT Zone Asia Bhd's value of 99.11 is 84.1% above this benchmark. Historically, ICT Zone Asia Bhd's own Days Payable has ranged from 50.47 to 168.38 over the past decade. While the company's 10-year median is 88.64 vs. the industry median of 53.83, ICT Zone Asia 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 Software company?
The median Days Payable among Software companies is 53.83, based on 2,602 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. ICT Zone Asia Bhd's current Days Payable of 99.11 is 84.1% 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 ICT Zone Asia Bhd and its competitors. For the Software industry, the median Days Payable is 53.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICT Zone Asia Bhd's current Days Payable is 99.11, which is 12% above median its own 10-year median of 88.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICT Zone Asia Bhd stock overvalued right now?
Based on GuruFocus' analysis, ICT Zone Asia Bhd (XKLS:0358) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.37, compared to a current price of RM0.20 — trading 45.9% below its estimated fair value. The current Days Payable is 99.11, which is 12% above median its 10-year median of 88.64 and 84.1% above the Software industry median of 53.83. ICT Zone Asia Bhd's overall GF Score™ is 63/100 with 6 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 ICT Zone Asia Bhd (XKLS:0358), the current Days Payable is 99.11 as of Jan. 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.

Is ICT Zone Asia Bhd (XKLS:0358) Overvalued in 2026?

Based on GuruFocus' analysis, ICT Zone Asia Bhd stock appears to be undervalued. The current stock price of RM0.20 is trading 45.9% below its estimated GF Value™ of RM0.37. GuruFocus considers ICT Zone Asia Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0358:

  • Days Payable: 99.11 (12% above median its 10-year median of 88.64)
  • GF Value™: RM0.37 vs. price of RM0.20 (45.9% below fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 84.1% above the Software median (#865 of 2602)

No single metric tells the full story. See the XKLS:0358 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ICT Zone Asia Bhd Business Description

Address Jalan Ampang Putra, Block H, Ground Floor, Excella Business Park, Wilayah Persekutuan, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 55100
ICT Zone Asia Bhd is an investment holding company. Along with its subsidiaries, it operates in the following business segments: the Technology financing segment, which involves operating leases of ICT hardware and software; the Trading of ICT hardware and software segment includes outright sales of ICT hardware and software and disposal of ICT assets; Provision of ICT services segment is involved in providing corrective and preventative ICT maintenance services; Provision of cloud solution and services segment offers customised cloud services with architecture solution and outright sales of ICT hardware and software for cloud solution; and Others. Maximum revenue for the group is generated from the Technology financing segment. Geographically, it generates maximum revenue from Malaysia.
63GF Score

Get the complete analysis for XKLS:0358

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

RM0.20
Price
RM0.37
GF Value