Cheeding Holdings Bhd (XKLS:0372) Days Payable: 26.08 (As of Mar. 2026) — 15% Below Median


XKLS:0372 Cheeding Holdings Bhd XKLS:0372
22 GF Score
Price RM0.68
! 2 Warning Signs
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What is Cheeding Holdings Bhd Days Payable?

Cheeding Holdings Bhd XKLS:0372 22 Days Payable is 26.08 as of Mar. 2026, which is 15% below its 10-year median of 30.84. GuruFocus rates XKLS:0372 with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 1,709 Construction companies, Cheeding Holdings Bhd ranks worse than 91.57% on this metric.

Cheeding Holdings Bhd's average Accounts Payable for the six months ended in Mar. 2026 was RM3.5 Mil. Cheeding Holdings Bhd's Cost of Goods Sold for the six months ended in Mar. 2026 was RM48.6 Mil. Hence, Cheeding Holdings Bhd's Days Payable for the six months ended in Mar. 2026 was 13.04.

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

XKLS:0372' s Days Payable Range Over the Past 10 Years
Min: 21.86   Med: 30.84   Max: 113.24
Current: 26.08

During the past 5 years, Cheeding Holdings Bhd's highest Days Payable was 113.24. The lowest was 21.86. And the median was 30.84.

XKLS:0372's Days Payable is ranked worse than
91.57% of 1709 companies
in the Construction industry
Industry Median: 76.72 vs XKLS:0372: 26.08

Cheeding Holdings Bhd's Days Payable declined from Mar. 2024 (30.84) to Mar. 2026 (26.08). It may suggest that Cheeding Holdings Bhd accelerated paying its suppliers.


Cheeding Holdings Bhd Days Payable Historical Data

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The historical data trend for Cheeding Holdings 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.

Cheeding Holdings Bhd Days Payable Chart

Cheeding Holdings Bhd Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
113.24 56.44 30.84 21.86 26.08

Cheeding Holdings Bhd Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable 113.24 56.44 30.84 21.86 26.08

XKLS:0372 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Cheeding Holdings 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.


Cheeding Holdings Bhd Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Cheeding Holdings Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Cheeding Holdings Bhd's Days Payable falls into.


XKLS:0372
22GF Score
Cheeding Holdings Bhd XKLS:0372
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cheeding Holdings 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.

Cheeding Holdings Bhd's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (4.878 + 2.072) / 2 ) / 48.64*365
=3.475 / 48.64*365
=26.08

Cheeding Holdings 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: Mar. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (4.878 + 2.072) / 2 ) / 48.64*365 / 2
=3.475 / 48.64*365 / 2
=13.04

* 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 26.08 mean?
Cheeding Holdings Bhd (XKLS:0372) has a Days Payable of 26.08 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 Cheeding Holdings Bhd and its competitors. This is 15% below median its historical median of 30.84. Over the past decade, Cheeding Holdings Bhd's Days Payable has ranged from 21.86 to 113.24. According to the industry distribution chart, Cheeding Holdings Bhd ranks #1565 out of 1709 companies in the Construction industry, placing it in the top 91.6%.
Is Cheeding Holdings Bhd's Days Payable too high?
Cheeding Holdings Bhd's current Days Payable of 26.08 is 15% below median its 10-year median of 30.84. Over the past 10 years, this metric has ranged from a low of 21.86 to a high of 113.24. The Construction industry median Days Payable is 76.72. Cheeding Holdings Bhd's value of 26.08 is 66% below this industry median. Based on the distribution chart, Cheeding Holdings Bhd ranks #1565 out of 1709 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Cheeding Holdings Bhd has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Cheeding Holdings Bhd's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Cheeding Holdings Bhd ranks #1565 out of 1709 companies for Days Payable. This places Cheeding Holdings Bhd in the lower half of its industry. The industry median Days Payable is 76.72. Cheeding Holdings Bhd's value of 26.08 is 66% below this benchmark. Historically, Cheeding Holdings Bhd's own Days Payable has ranged from 21.86 to 113.24 over the past decade. While the company's 10-year median is 30.84 vs. the industry median of 76.72, Cheeding Holdings 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 Construction company?
The median Days Payable among Construction companies is 76.72, based on 1,709 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. Cheeding Holdings Bhd's current Days Payable of 26.08 is 66% 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 Cheeding Holdings Bhd and its competitors. For the Construction industry, the median Days Payable is 76.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheeding Holdings Bhd's current Days Payable is 26.08, which is 15% below median its own 10-year median of 30.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheeding Holdings Bhd stock overvalued right now?
Cheeding Holdings Bhd (XKLS:0372) has a current Days Payable of 26.08. The current Days Payable is 26.08, which is 15% below median its 10-year median of 30.84 and 66% below the Construction industry median of 76.72. Cheeding Holdings Bhd's overall GF Score™ is 22/100 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 Cheeding Holdings Bhd (XKLS:0372), the current Days Payable is 26.08 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.

Cheeding Holdings Bhd Business Description

Address No. 9, Jalan PJS 8/9, Suite 923, Block B1, Level 9, Leisure Commerce Square, Petaling Jaya, SGR, MYS, 46150
Cheeding Holdings Bhd is an investment holding company. Through its subsidiaries, It is predominantly involved in the provision of utilities engineering solutions where the main activities involve the EPCC and maintenance of overhead infrastructure for utilities, EPCC of underground infrastructure for utilities and substation engineering services.
22GF Score

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

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