TAS Offshore Bhd (XKLS:5149) Days Payable: 58.93 (As of May. 2026) — 96% Below Median

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XKLS:5149 TAS Offshore Bhd XKLS:5149
54 GF Score
Price RM0.47
GF Value RM0.86
Valuation Significantly Undervalued
! 1 Warning Sign
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What is TAS Offshore Bhd Days Payable?

TAS Offshore Bhd XKLS:5149 54 Days Payable is 58.93 as of May. 2026, which is 96% below its 10-year median of 1,380.33. GuruFocus rates XKLS:5149 with a GF Score™ of 54/100 and a GF Value™ of RM0.86 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 339 Aerospace & Defense companies, TAS Offshore Bhd ranks better than 51.92% on this metric.

TAS Offshore Bhd's average Accounts Payable for the three months ended in May. 2026 was RM16.2 Mil. TAS Offshore Bhd's Cost of Goods Sold for the three months ended in May. 2026 was RM25.1 Mil. Hence, TAS Offshore Bhd's Days Payable for the three months ended in May. 2026 was 58.93.

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

XKLS:5149' s Days Payable Range Over the Past 10 Years
Min: 46.33   Med: 1380.33   Max: 9331.49
Current: 69.11

During the past 13 years, TAS Offshore Bhd's highest Days Payable was 9331.49. The lowest was 46.33. And the median was 1380.33.

XKLS:5149's Days Payable is ranked better than
51.92% of 339 companies
in the Aerospace & Defense industry
Industry Median: 64.65 vs XKLS:5149: 69.11

TAS Offshore Bhd's Days Payable declined from May. 2025 (129.80) to May. 2026 (58.93). It may suggest that TAS Offshore Bhd accelerated paying its suppliers.


TAS Offshore Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for TAS Offshore 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.

TAS Offshore Bhd Days Payable Chart

TAS Offshore Bhd Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.33 134.60 109.10 87.82 73.28

TAS Offshore Bhd Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 129.80 61.52 65.88 98.04 58.93

XKLS:5149 vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, TAS Offshore 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.


TAS Offshore Bhd Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, TAS Offshore Bhd's Days Payable distribution charts can be found below:

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


XKLS:5149
54GF Score
TAS Offshore Bhd XKLS:5149
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TAS Offshore 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.

TAS Offshore Bhd's Days Payable for the fiscal year that ended in May. 2026 is calculated as

Days Payable (A: May. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2025 ) + Accounts Payable (A: May. 2026 )) / count ) / Cost of Goods Sold (A: May. 2026 )*Days in Period
=( (34.582 + 15.424) / 2 ) / 124.537*365
=25.003 / 124.537*365
=73.28

TAS Offshore Bhd's Days Payable for the quarter that ended in May. 2026 is calculated as:

Days Payable (Q: May. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2026 ) + Accounts Payable (Q: May. 2026 )) / count ) / Cost of Goods Sold (Q: May. 2026 )*Days in Period
=( (17.045 + 15.424) / 2 ) / 25.14*365 / 4
=16.2345 / 25.14*365 / 4
=58.93

* 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 58.93 mean?
TAS Offshore Bhd (XKLS:5149) has a Days Payable of 58.93 as of May. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on TAS Offshore Bhd and its competitors. This is 96% below median its historical median of 1,380.33. Over the past decade, TAS Offshore Bhd's Days Payable has ranged from 46.33 to 9,331.49. According to the industry distribution chart, TAS Offshore Bhd ranks #163 out of 339 companies in the Aerospace & Defense industry, placing it in the top 48.1%.
Is TAS Offshore Bhd's Days Payable too high?
TAS Offshore Bhd's current Days Payable of 58.93 is 96% below median its 10-year median of 1,380.33. Over the past 10 years, this metric has ranged from a low of 46.33 to a high of 9,331.49. The Aerospace & Defense industry median Days Payable is 64.65. TAS Offshore Bhd's value of 58.93 is 8.8% below this industry median. Based on the distribution chart, TAS Offshore Bhd ranks #163 out of 339 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, TAS Offshore Bhd has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TAS Offshore Bhd's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, TAS Offshore Bhd ranks #163 out of 339 companies for Days Payable. This puts TAS Offshore Bhd in the upper half of its industry. The industry median Days Payable is 64.65. TAS Offshore Bhd's value of 58.93 is 8.8% below this benchmark. Historically, TAS Offshore Bhd's own Days Payable has ranged from 46.33 to 9,331.49 over the past decade. While the company's 10-year median is 1,380.33 vs. the industry median of 64.65, TAS Offshore 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.65, based on 339 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. TAS Offshore Bhd's current Days Payable of 58.93 is 8.8% 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 TAS Offshore Bhd and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAS Offshore Bhd's current Days Payable is 58.93, which is 96% below median its own 10-year median of 1,380.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAS Offshore Bhd stock overvalued right now?
Based on GuruFocus' analysis, TAS Offshore Bhd (XKLS:5149) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.86, compared to a current price of RM0.47 — trading 45.3% below its estimated fair value. The current Days Payable is 58.93, which is 96% below median its 10-year median of 1,380.33 and 8.8% below the Aerospace & Defense industry median of 64.65. TAS Offshore Bhd's overall GF Score™ is 54/100 with 1 warning sign 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 TAS Offshore Bhd (XKLS:5149), the current Days Payable is 58.93 as of May. 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 TAS Offshore Bhd (XKLS:5149) Overvalued in 2026?

Based on GuruFocus' analysis, TAS Offshore Bhd stock appears to be undervalued. The current stock price of RM0.47 is trading 45.3% below its estimated GF Value™ of RM0.86. GuruFocus considers TAS Offshore Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5149:

  • Days Payable: 58.93 (96% below median its 10-year median of 1,380.33)
  • GF Value™: RM0.86 vs. price of RM0.47 (45.3% below fair value)
  • GF Score™: 54/100 with 1 warning sign
  • Industry Position: 8.8% below the Aerospace & Defense median (#163 of 339)

No single metric tells the full story. See the XKLS:5149 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TAS Offshore Bhd Business Description

Address Lot 199, Sungai Maaw Road, P.O. Box 920, Sungai Bidut, Sibu, SWK, MYS, 96000
TAS Offshore Bhd is an investment holding company engaged in shipbuilding and ship repairing activities across Malaysia, Singapore, and Indonesia. Its shipbuilding operations include constructing vessels such as tugboats, anchor handling tugs, anchor handling tug supply vessels, utility vessels, workboats, ferries, and cargo ships. The company also provides ship repair services, including routine maintenance, machinery inspection, repainting, and damage repair. Additionally, TAS Offshore offers vessel chartering services. It generates revenue through contracting shipbuilding, repair projects, and vessel leasing, serving clients in the marine and offshore industries.
54GF Score

Get the complete analysis for XKLS:5149

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

RM0.47
Price
RM0.86
GF Value