Hengyuan Refining Co BhdXKLS:4324 +1.90%54 Days Payable is 48.44 as of Mar. 2026, which is 76% above its 10-year median of 27.59. GuruFocus rates XKLS:4324 with a GF Score™ of 54/100 and a GF Value™ of RM1.19 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 851 Oil & Gas companies, Hengyuan Refining Co Bhd ranks worse than 55.46% on this metric.
* 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.
XKLS:4324 vs VLO, MPC, PSX: Days Payable Comparison
For the Oil & Gas Refining & Marketing subindustry, Hengyuan Refining Co 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.
Hengyuan Refining Co Bhd Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hengyuan Refining Co Bhd's Days Payable distribution charts can be found below:
* The bar in red indicates where Hengyuan Refining Co Bhd's Days Payable falls into.
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.
Hengyuan Refining Co Bhd's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Hengyuan Refining Co Bhd (XKLS:4324) has a Days Payable of 48.44 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 Hengyuan Refining Co Bhd and its competitors. This is 76% above median its historical median of 27.59. Over the past decade, Hengyuan Refining Co Bhd's Days Payable has ranged from 3.37 to 51.12. According to the industry distribution chart, Hengyuan Refining Co Bhd ranks #472 out of 851 companies in the Oil & Gas industry, placing it in the top 55.5%.
Is Hengyuan Refining Co Bhd's Days Payable too high?
Hengyuan Refining Co Bhd's current Days Payable of 48.44 is 76% above median its 10-year median of 27.59. Over the past 10 years, this metric has ranged from a low of 3.37 to a high of 51.12. The Oil & Gas industry median Days Payable is 57.95. Hengyuan Refining Co Bhd's value of 48.44 is 16.4% below this industry median. Based on the distribution chart, Hengyuan Refining Co Bhd ranks #472 out of 851 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Hengyuan Refining Co Bhd has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hengyuan Refining Co Bhd's Days Payable compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Hengyuan Refining Co Bhd ranks #472 out of 851 companies for Days Payable. This places Hengyuan Refining Co Bhd in the lower half of its industry. The industry median Days Payable is 57.95. Hengyuan Refining Co Bhd's value of 48.44 is 16.4% below this benchmark. Historically, Hengyuan Refining Co Bhd's own Days Payable has ranged from 3.37 to 51.12 over the past decade. While the company's 10-year median is 27.59 vs. the industry median of 57.95, Hengyuan Refining Co 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 851 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. Hengyuan Refining Co Bhd's current Days Payable of 48.44 is 16.4% 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 Hengyuan Refining Co Bhd and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hengyuan Refining Co Bhd's current Days Payable is 48.44, which is 76% above median its own 10-year median of 27.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengyuan Refining Co Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hengyuan Refining Co Bhd (XKLS:4324) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.19, compared to a current price of RM1.07 — trading 10.1% below its estimated fair value. The current Days Payable is 48.44, which is 76% above median its 10-year median of 27.59 and 16.4% below the Oil & Gas industry median of 57.95. Hengyuan Refining Co Bhd's overall GF Score™ is 54/100 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 Hengyuan Refining Co Bhd (XKLS:4324), the current Days Payable is 48.44 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.
Is Hengyuan Refining Co Bhd (XKLS:4324) Overvalued in 2026?
Based on GuruFocus' analysis, Hengyuan Refining Co Bhd stock appears to be undervalued.
The current stock price of RM1.07 is trading 10.1% below its estimated GF Value™ of RM1.19.
GuruFocus considers Hengyuan Refining Co Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:4324:
Days Payable: 48.44 (76% above median its 10-year median of 27.59)
GF Value™: RM1.19 vs. price of RM1.07 (10.1% below fair value)
Industry Position: 16.4% below the Oil & Gas median (#472 of 851)
No single metric tells the full story. See the XKLS:4324 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hengyuan Refining Co Bhd is engaged in the refining and manufacturing of petroleum products in Malaysia. The company's operating units in its refinery consist of two crude distillers, a long residue catalytic cracker, two naptha treaters and a merox plant, one kerosene Merox plant, one platformer, two hydro-processing units, a Hydrogen Manufacturing Unit (HMU) and a sulphur recovery unit. Its product portfolio consists of liquefied petroleum gas (LPG), gasoline, diesel, aviation fuel, fuel oil components, and chemical feedstocks like light naphtha and propylene.
54GF Score
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