Meridian Bhd (XKLS:5040) Days Payable: 2,569.73 (As of May. 2025)


What is Meridian Bhd Days Payable?

Meridian Bhd XKLS:5040 +66.67% Days Payable is 2,569.73 as of May. 2025.

Meridian Bhd's average Accounts Payable for the three months ended in May. 2025 was RM9.77 Mil. Meridian Bhd's Cost of Goods Sold for the three months ended in May. 2025 was RM0.35 Mil. Hence, Meridian Bhd's Days Payable for the three months ended in May. 2025 was 2,569.73.

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

XKLS:5040's Days Payable is not ranked *
in the Real Estate industry.
Industry Median: 94.38
* Ranked among companies with meaningful Days Payable only.

Meridian Bhd's Days Payable increased from May. 2024 (326.40) to May. 2025 (2,569.73). It may suggest that Meridian Bhd delayed paying its suppliers.

Meridian Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Meridian 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.

Meridian Bhd Days Payable Chart

Meridian Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Jun20 Jun21 Jun22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 182.60 267.34 0.00 56.51 109.48

Meridian Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Feb24 May24 Aug24 Nov24 Feb25 May25
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 326.40 362.13 1,007.71 4,121.88 2,569.73

XKLS:5040 vs CBRE, BEKE, CSGP: Days Payable Comparison

For the Real Estate Services subindustry, Meridian 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.

Meridian Bhd Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Meridian Bhd's Days Payable distribution charts can be found below:

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


Meridian 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.

Meridian Bhd's Days Payable for the fiscal year that ended in Jun. 2022 is calculated as

Days Payable (A: Jun. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2021 ) + Accounts Payable (A: Jun. 2022 )) / count ) / Cost of Goods Sold (A: Jun. 2022 )*Days in Period
=( (3.771 + 6.271) / 2 ) / 16.74*365
=5.021 / 16.74*365
=109.48

Meridian Bhd's Days Payable for the quarter that ended in May. 2025 is calculated as:

Days Payable (Q: May. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2025 ) + Accounts Payable (Q: May. 2025 )) / count ) / Cost of Goods Sold (Q: May. 2025 )*Days in Period
=( (9.775 + 9.769) / 2 ) / 0.347*365 / 4
=9.772 / 0.347*365 / 4
=2,569.73

* 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 2,569.73 mean?
Meridian Bhd (XKLS:5040) has a Days Payable of 2,569.73 as of May. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Meridian Bhd and its competitors.
Is Meridian Bhd's Days Payable too high?
Meridian Bhd's current Days Payable is 2,569.73. The Real Estate industry median Days Payable is 94.38. Meridian Bhd's value of 2,569.73 is 2622.7% above this industry median.
How does Meridian Bhd's Days Payable compare to CBRE and BEKE?
Meridian Bhd's Days Payable of 2,569.73 can be compared against companies in the Real Estate industry. The industry median Days Payable is 94.38. Meridian Bhd's value of 2,569.73 is 2622.7% above this benchmark. 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,571 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. Meridian Bhd's current Days Payable of 2,569.73 is 2622.7% 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 Meridian Bhd and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian Bhd's current Days Payable is 2,569.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Bhd stock overvalued right now?
Meridian Bhd (XKLS:5040) has a current Days Payable of 2,569.73. The current Days Payable is 2,569.73 and 2622.7% above the Real Estate industry median of 94.38. 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 Meridian Bhd (XKLS:5040), the current Days Payable is 2,569.73 as of May. 2025. 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.

Meridian Bhd Business Description

Address No. 8 Persiaran Tropicana, Lot 13.5a, Level 13, Menara Lien Hoe, Tropicana Golf and Country Resort, Petaling Jaya, SGR, MYS, 47410
Meridian Bhd is an investment holding company. Along with its subsidiaries, it is engaged in property development and investment in properties. The group has completed the development of several properties, such as The Summit Subang USJ, The Summit Bukit Mertajam, Aman Larkin, Scott Garden, Scott Tower, The Arc at Cyberjaya, etc., and has many other projects under development. The group's operating segments are: Property investment, Construction, Property development, and Others. Maximum revenue is generated from its Property investment segment, which is involved in rental collection from investment properties and the operation of car parks in commercial properties. Geographically, the group mainly operates in Malaysia.