Solid Automotive Bhd (XKLS:5242) Days Payable: 32.38 (As of Apr. 2026) — Near Median


XKLS:5242 Solid Automotive Bhd XKLS:5242
47 GF Score
Price RM0.12
GF Value RM0.18
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Solid Automotive Bhd Days Payable?

Solid Automotive Bhd XKLS:5242 47 Days Payable is 32.38 as of Apr. 2026, which is 5% below its 10-year median of 34.16. GuruFocus rates XKLS:5242 with a GF Score™ of 47/100 and a GF Value™ of RM0.18 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,310 Vehicles & Parts companies, Solid Automotive Bhd ranks worse than 85.27% on this metric.

Solid Automotive Bhd's average Accounts Payable for the three months ended in Apr. 2026 was RM25.7 Mil. Solid Automotive Bhd's Cost of Goods Sold for the three months ended in Apr. 2026 was RM72.3 Mil. Hence, Solid Automotive Bhd's Days Payable for the three months ended in Apr. 2026 was 32.38.

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

XKLS:5242' s Days Payable Range Over the Past 10 Years
Min: 27.94   Med: 34.16   Max: 42.96
Current: 32.35

During the past 13 years, Solid Automotive Bhd's highest Days Payable was 42.96. The lowest was 27.94. And the median was 34.16.

XKLS:5242's Days Payable is ranked worse than
85.27% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 67.015 vs XKLS:5242: 32.35

Solid Automotive Bhd's Days Payable increased from Apr. 2025 (30.28) to Apr. 2026 (32.38). It may suggest that Solid Automotive Bhd delayed paying its suppliers.


Solid Automotive Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Solid Automotive 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.

Solid Automotive Bhd Days Payable Chart

Solid Automotive Bhd Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.28 30.30 27.94 28.90 32.24

Solid Automotive Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 30.28 32.30 30.98 33.92 32.38

XKLS:5242 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Solid Automotive 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.


Solid Automotive Bhd Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Solid Automotive Bhd's Days Payable distribution charts can be found below:

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


XKLS:5242
47GF Score
Solid Automotive Bhd XKLS:5242
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Solid Automotive 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.

Solid Automotive Bhd's Days Payable for the fiscal year that ended in Apr. 2026 is calculated as

Days Payable (A: Apr. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2025 ) + Accounts Payable (A: Apr. 2026 )) / count ) / Cost of Goods Sold (A: Apr. 2026 )*Days in Period
=( (22.215 + 25.889) / 2 ) / 272.259*365
=24.052 / 272.259*365
=32.24

Solid Automotive Bhd's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2026 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (25.419 + 25.889) / 2 ) / 72.288*365 / 4
=25.654 / 72.288*365 / 4
=32.38

* 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 32.38 mean?
Solid Automotive Bhd (XKLS:5242) has a Days Payable of 32.38 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Solid Automotive Bhd and its competitors. This is near median its historical median of 34.16. Over the past decade, Solid Automotive Bhd's Days Payable has ranged from 27.94 to 42.96. According to the industry distribution chart, Solid Automotive Bhd ranks #1117 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 85.3%.
Is Solid Automotive Bhd's Days Payable too high?
Solid Automotive Bhd's current Days Payable of 32.38 is near median its 10-year median of 34.16. Over the past 10 years, this metric has ranged from a low of 27.94 to a high of 42.96. The Vehicles & Parts industry median Days Payable is 67.02. Solid Automotive Bhd's value of 32.38 is 51.7% below this industry median. Based on the distribution chart, Solid Automotive Bhd ranks #1117 out of 1310 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Solid Automotive Bhd has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid Automotive Bhd's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Solid Automotive Bhd ranks #1117 out of 1310 companies for Days Payable. This places Solid Automotive Bhd in the lower half of its industry. The industry median Days Payable is 67.02. Solid Automotive Bhd's value of 32.38 is 51.7% below this benchmark. Historically, Solid Automotive Bhd's own Days Payable has ranged from 27.94 to 42.96 over the past decade. While the company's 10-year median is 34.16 vs. the industry median of 67.02, Solid Automotive 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,310 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. Solid Automotive Bhd's current Days Payable of 32.38 is 51.7% 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 Solid Automotive Bhd and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid Automotive Bhd's current Days Payable is 32.38, which is near median its own 10-year median of 34.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Automotive Bhd stock overvalued right now?
Based on GuruFocus' analysis, Solid Automotive Bhd (XKLS:5242) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.18, compared to a current price of RM0.12 — trading 33.3% below its estimated fair value. The current Days Payable is 32.38, which is near median its 10-year median of 34.16 and 51.7% below the Vehicles & Parts industry median of 67.02. Solid Automotive Bhd's overall GF Score™ is 47/100 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 Solid Automotive Bhd (XKLS:5242), the current Days Payable is 32.38 as of Apr. 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 Solid Automotive Bhd (XKLS:5242) Overvalued in 2026?

Based on GuruFocus' analysis, Solid Automotive Bhd stock appears to be undervalued. The current stock price of RM0.12 is trading 33.3% below its estimated GF Value™ of RM0.18. GuruFocus considers Solid Automotive Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5242:

  • Days Payable: 32.38 (near median its 10-year median of 34.16)
  • GF Value™: RM0.18 vs. price of RM0.12 (33.3% below fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 51.7% below the Vehicles & Parts median (#1117 of 1310)

No single metric tells the full story. See the XKLS:5242 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solid Automotive Bhd Business Description

Address 5, Jalan Dataran 5, Taman Kempas, Johor Bahru, JHR, MYS, 81200
Solid Automotive Bhd is engaged in the business of investment holding and the provision of management services. Along with its subsidiaries, the company operates in the following reportable segments: Automotive service, electrical, spare and related parts, Automotive engine and mechanical parts, and Others. It generates maximum revenue from the Automotive service, electrical, spare and related parts segment, which is involved in trading and distribution of automotive batteries, lubricants, electrical parts, spare parts and components. Geographically, the group generates maximum revenue from Malaysia, followed by the Middle East and Africa, and Other regions.
47GF Score

Get the complete analysis for XKLS:5242

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

RM0.12
Price
RM0.18
GF Value