Zelan Bhd (XKLS:2283) Days Payable: 3,683.17 (As of Mar. 2026) — 147% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Zelan Bhd Days Payable?

Zelan Bhd XKLS:2283 -6.67% Days Payable is 3,683.17 as of Mar. 2026, which is 147% above its 10-year median of 1,490.77. The stock has 8 warning signs investors should review. Among 1,716 Construction companies, Zelan Bhd ranks better than 99.18% on this metric.

Zelan Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM130.09 Mil. Zelan Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM3.22 Mil. Hence, Zelan Bhd's Days Payable for the three months ended in Mar. 2026 was 3,683.17.

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

XKLS:2283' s Days Payable Range Over the Past 10 Years
Min: 370.36   Med: 1490.77   Max: 4734.15
Current: 4734.15

During the past 13 years, Zelan Bhd's highest Days Payable was 4734.15. The lowest was 370.36. And the median was 1490.77.

XKLS:2283's Days Payable is ranked better than
99.18% of 1716 companies
in the Construction industry
Industry Median: 76.5 vs XKLS:2283: 4734.15

Zelan Bhd's Days Payable declined from Mar. 2025 (5,007.84) to Mar. 2026 (3,683.17). It may suggest that Zelan Bhd accelerated paying its suppliers.


Zelan Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Zelan 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.

Zelan Bhd Days Payable Chart

Zelan Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,369.82 2,432.45 3,817.30 2,221.33 4,230.59

Zelan Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,007.84 5,314.16 5,744.22 4,499.07 3,683.17

XKLS:2283 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Zelan 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.


Zelan Bhd Days Payable vs Construction Industry

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

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



Zelan 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.

Zelan 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
=( (119.012 + 111.271) / 2 ) / 9.934*365
=115.1415 / 9.934*365
=4,230.59

Zelan 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
=( (111.271 + 148.912) / 2 ) / 3.223*365 / 4
=130.0915 / 3.223*365 / 4
=3,683.17

* 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 3,683.17 mean?
Zelan Bhd (XKLS:2283) has a Days Payable of 3,683.17 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 Zelan Bhd and its competitors. This is 147% above median its historical median of 1,490.77. Over the past decade, Zelan Bhd's Days Payable has ranged from 370.36 to 4,734.15. According to the industry distribution chart, Zelan Bhd ranks #14 out of 1716 companies in the Construction industry, placing it in the top 0.8%.
Is Zelan Bhd's Days Payable too high?
Zelan Bhd's current Days Payable of 3,683.17 is 147% above median its 10-year median of 1,490.77. Over the past 10 years, this metric has ranged from a low of 370.36 to a high of 4,734.15. The Construction industry median Days Payable is 76.50. Zelan Bhd's value of 3,683.17 is 4714.6% above this industry median. Based on the distribution chart, Zelan Bhd ranks #14 out of 1716 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does Zelan Bhd's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Zelan Bhd ranks #14 out of 1716 companies for Days Payable. This places Zelan Bhd in the top 1% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.50. Zelan Bhd's value of 3,683.17 is 4714.6% above this benchmark. Historically, Zelan Bhd's own Days Payable has ranged from 370.36 to 4,734.15 over the past decade. While the company's 10-year median is 1,490.77 vs. the industry median of 76.50, Zelan 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 Construction company?
The median Days Payable among Construction companies is 76.50, based on 1,716 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. Zelan Bhd's current Days Payable of 3,683.17 is 4714.6% 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 Zelan Bhd and its competitors. For the Construction industry, the median Days Payable is 76.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zelan Bhd's current Days Payable is 3,683.17, which is 147% above median its own 10-year median of 1,490.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zelan Bhd stock overvalued right now?
Based on GuruFocus' analysis, Zelan Bhd (XKLS:2283) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.03, compared to a current price of RM0.07 — trading 133.3% above its estimated fair value. The current Days Payable is 3,683.17, which is 147% above median its 10-year median of 1,490.77 and 4714.6% above the Construction industry median of 76.50. 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 Zelan Bhd (XKLS:2283), the current Days Payable is 3,683.17 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.

Zelan Bhd Business Description

Address No. 1, Jalan Tasik Permaisuri 2, 24th Floor, Wisma Zelan, Bandar Tun Razak, Cheras, Kuala Lumpur, SGR, MYS, 56000
Zelan Bhd is a company involved in the engineering and construction business sector. The company business segments are the Engineering and Construction segment, which includes projects in Indonesia, the Middle East, and Malaysia, the Property and Development business segment, which includes rental income, car park income, and management fees; the Asset facility management business segment are asset management services provided for the concession agreement; and Investment business segment includes rental income. The majority of the revenue is derived from Asset facility management segment.