Ec Excel Holdings Bhd (XKLS:5192) Days Payable: 47.18 (As of Mar. 2026) — 48% Above Median


XKLS:5192 Ec Excel Holdings Bhd XKLS:5192
46 GF Score
Price RM0.84
GF Value RM0.69
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Ec Excel Holdings Bhd Days Payable?

Ec Excel Holdings Bhd XKLS:5192 46 Days Payable is 47.18 as of Mar. 2026, which is 48% above its 10-year median of 31.94. GuruFocus rates XKLS:5192 with a GF Score™ of 46/100 and a GF Value™ of RM0.69 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 598 Steel companies, Ec Excel Holdings Bhd ranks better than 54.68% on this metric.

Ec Excel Holdings Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM32.5 Mil. Ec Excel Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM62.9 Mil. Hence, Ec Excel Holdings Bhd's Days Payable for the three months ended in Mar. 2026 was 47.18.

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

XKLS:5192' s Days Payable Range Over the Past 10 Years
Min: 20.67   Med: 31.94   Max: 47.41
Current: 47.41

During the past 13 years, Ec Excel Holdings Bhd's highest Days Payable was 47.41. The lowest was 20.67. And the median was 31.94.

XKLS:5192's Days Payable is ranked better than
54.68% of 598 companies
in the Steel industry
Industry Median: 41.385 vs XKLS:5192: 47.41

Ec Excel Holdings Bhd's Days Payable increased from Mar. 2025 (37.52) to Mar. 2026 (47.18). It may suggest that Ec Excel Holdings Bhd delayed paying its suppliers.


Ec Excel Holdings Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Ec Excel Holdings 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.

Ec Excel Holdings Bhd Days Payable Chart

Ec Excel Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.25 20.67 29.51 30.62 43.83

Ec Excel Holdings 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 37.52 38.71 47.58 49.86 47.18

XKLS:5192 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Ec Excel Holdings 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.


Ec Excel Holdings Bhd Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Ec Excel Holdings Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Ec Excel Holdings Bhd's Days Payable falls into.


XKLS:5192
46GF Score
Ec Excel Holdings Bhd XKLS:5192
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ec Excel Holdings 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.

Ec Excel Holdings Bhd's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (22.806 + 23.648) / 2 ) / 193.439*365
=23.227 / 193.439*365
=43.83

Ec Excel Holdings 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
=( (23.648 + 41.395) / 2 ) / 62.895*365 / 4
=32.5215 / 62.895*365 / 4
=47.18

* 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 47.18 mean?
Ec Excel Holdings Bhd (XKLS:5192) has a Days Payable of 47.18 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 Ec Excel Holdings Bhd and its competitors. This is 48% above median its historical median of 31.94. Over the past decade, Ec Excel Holdings Bhd's Days Payable has ranged from 20.67 to 47.41. According to the industry distribution chart, Ec Excel Holdings Bhd ranks #271 out of 598 companies in the Steel industry, placing it in the top 45.3%.
Is Ec Excel Holdings Bhd's Days Payable too high?
Ec Excel Holdings Bhd's current Days Payable of 47.18 is 48% above median its 10-year median of 31.94. Over the past 10 years, this metric has ranged from a low of 20.67 to a high of 47.41. The Steel industry median Days Payable is 41.39. Ec Excel Holdings Bhd's value of 47.18 is 14% above this industry median. Based on the distribution chart, Ec Excel Holdings Bhd ranks #271 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, Ec Excel Holdings Bhd has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ec Excel Holdings Bhd's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Ec Excel Holdings Bhd ranks #271 out of 598 companies for Days Payable. This puts Ec Excel Holdings Bhd in the upper half of its industry. The industry median Days Payable is 41.39. Ec Excel Holdings Bhd's value of 47.18 is 14% above this benchmark. Historically, Ec Excel Holdings Bhd's own Days Payable has ranged from 20.67 to 47.41 over the past decade. While the company's 10-year median is 31.94 vs. the industry median of 41.39, Ec Excel Holdings 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 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. Ec Excel Holdings Bhd's current Days Payable of 47.18 is 14% 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 Ec Excel Holdings 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. Ec Excel Holdings Bhd's current Days Payable is 47.18, which is 48% above median its own 10-year median of 31.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ec Excel Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ec Excel Holdings Bhd (XKLS:5192) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.69, compared to a current price of RM0.84 — trading 21.7% above its estimated fair value. The current Days Payable is 47.18, which is 48% above median its 10-year median of 31.94 and 14% above the Steel industry median of 41.39. Ec Excel Holdings Bhd's overall GF Score™ is 46/100 with 7 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 Ec Excel Holdings Bhd (XKLS:5192), the current Days Payable is 47.18 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 Ec Excel Holdings Bhd (XKLS:5192) Overvalued in 2026?

Based on GuruFocus' analysis, Ec Excel Holdings Bhd stock appears to be overvalued. The current stock price of RM0.84 is trading 21.7% above its estimated GF Value™ of RM0.69. GuruFocus considers Ec Excel Holdings Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5192:

  • Days Payable: 47.18 (48% above median its 10-year median of 31.94)
  • GF Value™: RM0.69 vs. price of RM0.84 (21.7% above fair value)
  • GF Score™: 46/100 with 7 warning signs
  • Industry Position: 14% above the Steel median (#271 of 598)

No single metric tells the full story. See the XKLS:5192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ec Excel Holdings Bhd Business Description

Address Jalan 7/5, Lot 3707, Taman Industri Selesa Jaya, Balakong, SGR, MYS, 43300
Ec Excel Holdings Bhd, formerly known as K. Seng Seng Corp Bhd, is an investment holding company. The company operates through the segments of Stainless steel and metal-related products, Marine hardware and consumables, Engineering and Project works, Other industrial hardware, and Investment holding. The key revenue is derived from the Stainless Steel and metal-related products segment, which involves the manufacture and sales of stainless steel tubes and pipes, and the processing of stainless steel sheet products. The group has a business presence in Malaysia; Republic of Singapore; Republic of Singapore; Australia; Republic of Indonesia; and Brunei, of which it generates maximum revenue from Malaysia.
46GF Score

Get the complete analysis for XKLS:5192

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

RM0.84
Price
RM0.69
GF Value