Pan Merchant Bhd (XKLS:0361) Days Payable: 95.26 (As of Mar. 2026) — 47% Above Median


XKLS:0361 Pan Merchant Bhd XKLS:0361
15 GF Score
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! 2 Warning Signs
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What is Pan Merchant Bhd Days Payable?

Pan Merchant Bhd XKLS:0361 -4.65% 15 Days Payable is 95.26 as of Mar. 2026, which is 47% above its 10-year median of 64.98. GuruFocus rates XKLS:0361 with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 2,986 Industrial Products companies, Pan Merchant Bhd ranks worse than 64.37% on this metric.

Pan Merchant Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM11.1 Mil. Pan Merchant Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM10.6 Mil. Hence, Pan Merchant Bhd's Days Payable for the three months ended in Mar. 2026 was 95.26.

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

XKLS:0361' s Days Payable Range Over the Past 10 Years
Min: 56.59   Med: 64.98   Max: 161.69
Current: 56.59

During the past 5 years, Pan Merchant Bhd's highest Days Payable was 161.69. The lowest was 56.59. And the median was 64.98.

XKLS:0361's Days Payable is ranked worse than
64.37% of 2986 companies
in the Industrial Products industry
Industry Median: 78.065 vs XKLS:0361: 56.59

Pan Merchant Bhd's Days Payable increased from Mar. 2025 (73.25) to Mar. 2026 (95.26). It may suggest that Pan Merchant Bhd delayed paying its suppliers.


Pan Merchant Bhd Days Payable Historical Data

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The historical data trend for Pan Merchant 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.

Pan Merchant Bhd Days Payable Chart

Pan Merchant Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
161.69 85.91 64.98 56.74 56.91

Pan Merchant Bhd Quarterly Data
Dec21 Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only 73.25 63.92 67.64 38.24 95.26

XKLS:0361 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Pan Merchant 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.


Pan Merchant Bhd Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Pan Merchant Bhd's Days Payable falls into.


XKLS:0361
15GF Score
Pan Merchant Bhd XKLS:0361
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Pan Merchant 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.

Pan Merchant 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
=( (13.261 + 12.482) / 2 ) / 82.56*365
=12.8715 / 82.56*365
=56.91

Pan Merchant 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
=( (12.482 + 9.71) / 2 ) / 10.629*365 / 4
=11.096 / 10.629*365 / 4
=95.26

* 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 95.26 mean?
Pan Merchant Bhd (XKLS:0361) has a Days Payable of 95.26 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 Pan Merchant Bhd and its competitors. This is 47% above median its historical median of 64.98. Over the past decade, Pan Merchant Bhd's Days Payable has ranged from 56.59 to 161.69. According to the industry distribution chart, Pan Merchant Bhd ranks #1922 out of 2986 companies in the Industrial Products industry, placing it in the top 64.4%.
Is Pan Merchant Bhd's Days Payable too high?
Pan Merchant Bhd's current Days Payable of 95.26 is 47% above median its 10-year median of 64.98. Over the past 10 years, this metric has ranged from a low of 56.59 to a high of 161.69. The Industrial Products industry median Days Payable is 78.07. Pan Merchant Bhd's value of 95.26 is 22% above this industry median. Based on the distribution chart, Pan Merchant Bhd ranks #1922 out of 2986 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Pan Merchant Bhd has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Pan Merchant Bhd's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Pan Merchant Bhd ranks #1922 out of 2986 companies for Days Payable. This places Pan Merchant Bhd in the lower half of its industry. The industry median Days Payable is 78.07. Pan Merchant Bhd's value of 95.26 is 22% above this benchmark. Historically, Pan Merchant Bhd's own Days Payable has ranged from 56.59 to 161.69 over the past decade. While the company's 10-year median is 64.98 vs. the industry median of 78.07, Pan Merchant 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,986 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. Pan Merchant Bhd's current Days Payable of 95.26 is 22% 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 Pan Merchant Bhd and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pan Merchant Bhd's current Days Payable is 95.26, which is 47% above median its own 10-year median of 64.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan Merchant Bhd stock overvalued right now?
Pan Merchant Bhd (XKLS:0361) has a current Days Payable of 95.26. The current Days Payable is 95.26, which is 47% above median its 10-year median of 64.98 and 22% above the Industrial Products industry median of 78.07. Pan Merchant Bhd's overall GF Score™ is 15/100 with 2 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 Pan Merchant Bhd (XKLS:0361), the current Days Payable is 95.26 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.

Pan Merchant Bhd Business Description

Address Nos. 17 & 19, Jalan Pengacara U1/48, Temasya Industrial Park, Shah Alam, SGR, MYS, 40150
Pan Merchant Bhd is a homegrown solid-liquid filtration solutions provider by revenue, with a track record of designing, manufacturing, assembling, delivering, and commissioning filters. It leverages its in-house design and process engineering expertise to supply customised filtration solutions for large-scale and complex projects, in compliance with specific customer requirements and international standards. It is involved in the business of a solutions provider of solid-liquid filtration equipment, fabrication of steelworks, and technical support services in Malaysia. Its segments are: namely, Filtration Solutions, Steel Works, and Technical Support Services, with the Filtration Solutions segment generating the maximum revenue. The Group generates maximum revenue from Europe.
15GF Score

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