Mycron Steel BhdXKLS:5087 -4.55%41 Days Payable is 23.13 as of Mar. 2026, which is 68% below its 10-year median of 71.24. GuruFocus rates XKLS:5087 with a GF Score™ of 41/100 and a GF Value™ of RM0.31 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 598 Steel companies, Mycron Steel Bhd ranks worse than 81.1% on this metric.
The historical rank and industry rank for Mycron Steel Bhd's Days Payable or its related term are showing as below:
XKLS:5087'
s Days Payable Range Over the Past 10 Years
Min: 17.23 Med: 71.24 Max: 85.46
Current: 17.23
During the past 13 years, Mycron Steel Bhd's highest Days Payable was 85.46. The lowest was 17.23. And the median was 71.24.
XKLS:5087's Days Payable is ranked worse than 81.1% of 598
companies
in the Steel industry
Industry Median: 41.385
vs XKLS:5087: 17.23
Mycron Steel Bhd's Days Payable
increased
from Mar. 2025 (13.38) to Mar. 2026 (23.13).
It may suggest that Mycron Steel Bhddelayed paying its suppliers.
Mycron Steel Bhd Days Payable Related Terms
Mycron Steel Bhd Days Payable Historical Data
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The historical data trend for Mycron Steel 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.
XKLS:5087 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Mycron Steel 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.
Mycron Steel Bhd Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Mycron Steel Bhd's Days Payable distribution charts can be found below:
* The bar in red indicates where Mycron Steel 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.
Mycron Steel Bhd's Days Payable for the fiscal year that ended in Jun. 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.
Mycron Steel Bhd (XKLS:5087) has a Days Payable of 23.13 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 Mycron Steel Bhd and its competitors. This is 68% below median its historical median of 71.24. Over the past decade, Mycron Steel Bhd's Days Payable has ranged from 17.23 to 85.46. According to the industry distribution chart, Mycron Steel Bhd ranks #485 out of 598 companies in the Steel industry, placing it in the top 81.1%.
Is Mycron Steel Bhd's Days Payable too high?
Mycron Steel Bhd's current Days Payable of 23.13 is 68% below median its 10-year median of 71.24. Over the past 10 years, this metric has ranged from a low of 17.23 to a high of 85.46. The Steel industry median Days Payable is 41.39. Mycron Steel Bhd's value of 23.13 is 44.1% below this industry median. Based on the distribution chart, Mycron Steel Bhd ranks #485 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Mycron Steel Bhd has a GF Score™ of 41/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mycron Steel Bhd's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Mycron Steel Bhd ranks #485 out of 598 companies for Days Payable. This places Mycron Steel Bhd in the lower half of its industry. The industry median Days Payable is 41.39. Mycron Steel Bhd's value of 23.13 is 44.1% below this benchmark. Historically, Mycron Steel Bhd's own Days Payable has ranged from 17.23 to 85.46 over the past decade. While the company's 10-year median is 71.24 vs. the industry median of 41.39, Mycron Steel 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 598 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. Mycron Steel Bhd's current Days Payable of 23.13 is 44.1% 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 Mycron Steel Bhd and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mycron Steel Bhd's current Days Payable is 23.13, which is 68% below median its own 10-year median of 71.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mycron Steel Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mycron Steel Bhd (XKLS:5087) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.31, compared to a current price of RM0.21 — trading 32.3% below its estimated fair value. The current Days Payable is 23.13, which is 68% below median its 10-year median of 71.24 and 44.1% below the Steel industry median of 41.39. Mycron Steel Bhd's overall GF Score™ is 41/100 with 4 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 Mycron Steel Bhd (XKLS:5087), the current Days Payable is 23.13 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 Mycron Steel Bhd (XKLS:5087) Overvalued in 2026?
Based on GuruFocus' analysis, Mycron Steel Bhd stock appears to be undervalued.
The current stock price of RM0.21 is trading 32.3% below its estimated GF Value™ of RM0.31.
GuruFocus considers Mycron Steel Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:5087:
Days Payable: 23.13 (68% below median its 10-year median of 71.24)
GF Value™: RM0.31 vs. price of RM0.21 (32.3% below fair value)
Industry Position: 44.1% below the Steel median (#485 of 598)
No single metric tells the full story. See the XKLS:5087 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mycron Steel Bhd is involved in the manufacturing of accessories made from steel, steel tubes, and pipes. The company mainly involves in the manufacture of Cold rolled coil-related products used in automotive, electrical appliances, electronics, and construction industries; Steel tubes, and Others. Its product portfolio includes cold-rolled electrical sheets, galvanized zinc sheets, tin-plated sheets, and electro-galvanized iron sheets. The company's operating segment includes Cold rolled coil; Steel tube and others. It generates maximum revenue from the Cold rolled Coil following Steel Tube.
41GF Score
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