Shin Yang Group Bhd (XKLS:5173) Days Payable: 39.94 (As of Mar. 2026) — 36% Below Median


XKLS:5173 Shin Yang Group Bhd XKLS:5173
69 GF Score
Price RM0.77
GF Value RM1.43
Valuation Significantly Undervalued
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What is Shin Yang Group Bhd Days Payable?

Shin Yang Group Bhd XKLS:5173 +1.32% 69 Days Payable is 39.94 as of Mar. 2026, which is 36% below its 10-year median of 62.52. GuruFocus rates XKLS:5173 with a GF Score™ of 69/100 and a GF Value™ of RM1.43 (Significantly Undervalued). Among 968 Transportation companies, Shin Yang Group Bhd ranks worse than 62.09% on this metric.

Shin Yang Group Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM174 Mil. Shin Yang Group Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM397 Mil. Hence, Shin Yang Group Bhd's Days Payable for the three months ended in Mar. 2026 was 39.94.

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

XKLS:5173' s Days Payable Range Over the Past 10 Years
Min: 30.66   Med: 62.52   Max: 132.3
Current: 30.66

During the past 13 years, Shin Yang Group Bhd's highest Days Payable was 132.30. The lowest was 30.66. And the median was 62.52.

XKLS:5173's Days Payable is ranked worse than
62.09% of 968 companies
in the Transportation industry
Industry Median: 39.085 vs XKLS:5173: 30.66

Shin Yang Group Bhd's Days Payable increased from Mar. 2025 (33.90) to Mar. 2026 (39.94). It may suggest that Shin Yang Group Bhd delayed paying its suppliers.


Shin Yang Group Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Shin Yang Group 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.

Shin Yang Group Bhd Days Payable Chart

Shin Yang Group Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.83 73.23 64.20 58.96 47.13

Shin Yang Group 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 33.90 27.37 32.18 28.49 39.94

Shin Yang Group Bhd Days Payable Competitor Comparison

For the Marine Shipping subindustry, Shin Yang Group 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.


Shin Yang Group Bhd Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Shin Yang Group Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Shin Yang Group Bhd's Days Payable falls into.


XKLS:5173
69GF Score
Shin Yang Group Bhd XKLS:5173
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shin Yang Group 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.

Shin Yang Group Bhd's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (107.903 + 105.015) / 2 ) / 824.4*365
=106.459 / 824.4*365
=47.13

Shin Yang Group 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
=( (186.459 + 161.403) / 2 ) / 397.385*365 / 4
=173.931 / 397.385*365 / 4
=39.94

* 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 39.94 mean?
Shin Yang Group Bhd (XKLS:5173) has a Days Payable of 39.94 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 Shin Yang Group Bhd and its competitors. This is 36% below median its historical median of 62.52. Over the past decade, Shin Yang Group Bhd's Days Payable has ranged from 30.66 to 132.30. According to the industry distribution chart, Shin Yang Group Bhd ranks #601 out of 968 companies in the Transportation industry, placing it in the top 62.1%.
Is Shin Yang Group Bhd's Days Payable too high?
Shin Yang Group Bhd's current Days Payable of 39.94 is 36% below median its 10-year median of 62.52. Over the past 10 years, this metric has ranged from a low of 30.66 to a high of 132.30. The Transportation industry median Days Payable is 39.09. Shin Yang Group Bhd's value of 39.94 is 2.2% above this industry median. Based on the distribution chart, Shin Yang Group Bhd ranks #601 out of 968 companies in the Transportation industry, which is below the industry midpoint. Overall, Shin Yang Group Bhd has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Yang Group Bhd's Days Payable compare to competitors?
According to the Transportation industry distribution chart, Shin Yang Group Bhd ranks #601 out of 968 companies for Days Payable. This places Shin Yang Group Bhd in the lower half of its industry. The industry median Days Payable is 39.09. Shin Yang Group Bhd's value of 39.94 is 2.2% above this benchmark. Historically, Shin Yang Group Bhd's own Days Payable has ranged from 30.66 to 132.30 over the past decade. While the company's 10-year median is 62.52 vs. the industry median of 39.09, Shin Yang Group 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 Transportation company?
The median Days Payable among Transportation companies is 39.09, based on 968 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. Shin Yang Group Bhd's current Days Payable of 39.94 is 2.2% 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 Shin Yang Group Bhd and its competitors. For the Transportation industry, the median Days Payable is 39.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Yang Group Bhd's current Days Payable is 39.94, which is 36% below median its own 10-year median of 62.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Yang Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Shin Yang Group Bhd (XKLS:5173) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.43, compared to a current price of RM0.77 — trading 46.5% below its estimated fair value. The current Days Payable is 39.94, which is 36% below median its 10-year median of 62.52 and 2.2% above the Transportation industry median of 39.09. Shin Yang Group Bhd's overall GF Score™ is 69/100. 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 Shin Yang Group Bhd (XKLS:5173), the current Days Payable is 39.94 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 Shin Yang Group Bhd (XKLS:5173) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Yang Group Bhd stock appears to be undervalued. The current stock price of RM0.77 is trading 46.5% below its estimated GF Value™ of RM1.43. GuruFocus considers Shin Yang Group Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5173:

  • Days Payable: 39.94 (36% below median its 10-year median of 62.52)
  • GF Value™: RM1.43 vs. price of RM0.77 (46.5% below fair value)
  • GF Score™: 69/100
  • Industry Position: 2.2% above the Transportation median (#601 of 968)

No single metric tells the full story. See the XKLS:5173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Yang Group Bhd Business Description

Address Sublot 153, Parent Lot 70, Jalan Kuala Baram, Kuala Baram, Miri, SWK, MYS, 98100
Shin Yang Group Bhd core business operations span shipping, shipbuilding, and ship repair. Its shipping division is diversified across multiple segments, including dry bulk, liquid bulk, containerised cargo, coastal shipping, barge and tug operations, as well as regional logistics with door-to-door solutions. Its segments are: Shipbuilding, ship repair and fabrication of metal structures; Shipping, which carries out shipping business in coastal and regional routes within Malaysia and ASEAN region and international routes; Land transportation and hiring services; Manufacturing, distribution and marketing of industrial gases, provision of services and maintenance, and trading in welding equipment and machinery; Automotive dealership, which generates maximum revenue; and Others.
69GF Score

Get the complete analysis for XKLS:5173

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

RM0.77
Price
RM1.43
GF Value