Itmax System Bhd (XKLS:5309) Days Payable: 242.21 (As of Mar. 2026) — Near Median


XKLS:5309 Itmax System Bhd XKLS:5309
98 GF Score
Price RM4.85
GF Value RM4.70
Valuation Fairly Valued
! 5 Warning Signs
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What is Itmax System Bhd Days Payable?

Itmax System Bhd XKLS:5309 -0.61% 98 Days Payable is 242.21 as of Mar. 2026, which is 9% above its 10-year median of 222.70. GuruFocus rates XKLS:5309 with a GF Score™ of 98/100 and a GF Value™ of RM4.70 (Fairly Valued). The stock has 5 warning signs investors should review. Among 943 Business Services companies, Itmax System Bhd ranks better than 88.87% on this metric.

Itmax System Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM44.3 Mil. Itmax System Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM16.7 Mil. Hence, Itmax System Bhd's Days Payable for the three months ended in Mar. 2026 was 242.21.

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

XKLS:5309' s Days Payable Range Over the Past 10 Years
Min: 119.98   Med: 222.7   Max: 543.74
Current: 210.81

During the past 7 years, Itmax System Bhd's highest Days Payable was 543.74. The lowest was 119.98. And the median was 222.70.

XKLS:5309's Days Payable is ranked better than
88.87% of 943 companies
in the Business Services industry
Industry Median: 46.92 vs XKLS:5309: 210.81

Itmax System Bhd's Days Payable declined from Mar. 2025 (260.71) to Mar. 2026 (242.21). It may suggest that Itmax System Bhd accelerated paying its suppliers.


Itmax System Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Itmax System 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.

Itmax System Bhd Days Payable Chart

Itmax System Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 411.45 222.70 119.98 127.78 201.52

Itmax System Bhd Quarterly Data
Dec19 Dec20 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 260.71 207.29 242.51 161.75 242.21

XKLS:5309 vs ALLE, MSA, ADT: Days Payable Comparison

For the Security & Protection Services subindustry, Itmax System 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.


Itmax System Bhd Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Itmax System Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Itmax System Bhd's Days Payable falls into.


XKLS:5309
98GF Score
Itmax System Bhd XKLS:5309
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Itmax System 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.

Itmax System 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
=( (41.567 + 39.03) / 2 ) / 72.991*365
=40.2985 / 72.991*365
=201.52

Itmax System 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
=( (39.03 + 49.614) / 2 ) / 16.698*365 / 4
=44.322 / 16.698*365 / 4
=242.21

* 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 242.21 mean?
Itmax System Bhd (XKLS:5309) has a Days Payable of 242.21 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 Itmax System Bhd and its competitors. This is near median its historical median of 222.70. Over the past decade, Itmax System Bhd's Days Payable has ranged from 119.98 to 543.74. According to the industry distribution chart, Itmax System Bhd ranks #105 out of 943 companies in the Business Services industry, placing it in the top 11.1%.
Is Itmax System Bhd's Days Payable too high?
Itmax System Bhd's current Days Payable of 242.21 is near median its 10-year median of 222.70. Over the past 10 years, this metric has ranged from a low of 119.98 to a high of 543.74. The Business Services industry median Days Payable is 46.92. Itmax System Bhd's value of 242.21 is 416.2% above this industry median. Based on the distribution chart, Itmax System Bhd ranks #105 out of 943 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Itmax System Bhd has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Itmax System Bhd's Days Payable compare to ALLE and MSA?
According to the Business Services industry distribution chart, Itmax System Bhd ranks #105 out of 943 companies for Days Payable. This places Itmax System Bhd in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 46.92. Itmax System Bhd's value of 242.21 is 416.2% above this benchmark. Historically, Itmax System Bhd's own Days Payable has ranged from 119.98 to 543.74 over the past decade. While the company's 10-year median is 222.70 vs. the industry median of 46.92, Itmax System 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 Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 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. Itmax System Bhd's current Days Payable of 242.21 is 416.2% 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 Itmax System Bhd and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itmax System Bhd's current Days Payable is 242.21, which is near median its own 10-year median of 222.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itmax System Bhd stock overvalued right now?
Based on GuruFocus' analysis, Itmax System Bhd (XKLS:5309) is currently considered Fairly Valued. The stock's GF Value™ is RM4.70, compared to a current price of RM4.85 — trading 3.2% above its estimated fair value. The current Days Payable is 242.21, which is near median its 10-year median of 222.70 and 416.2% above the Business Services industry median of 46.92. Itmax System Bhd's overall GF Score™ is 98/100 with 5 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 Itmax System Bhd (XKLS:5309), the current Days Payable is 242.21 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 Itmax System Bhd (XKLS:5309) Overvalued in 2026?

Based on GuruFocus' analysis, Itmax System Bhd stock appears to be overvalued. The current stock price of RM4.85 is trading 3.2% above its estimated GF Value™ of RM4.70. GuruFocus considers Itmax System Bhd to be Fairly Valued.

Key valuation signals for XKLS:5309:

  • Days Payable: 242.21 (near median its 10-year median of 222.70)
  • GF Value™: RM4.70 vs. price of RM4.85 (3.2% above fair value)
  • GF Score™: 98/100 with 5 warning signs
  • Industry Position: 416.2% above the Business Services median (#105 of 943)

No single metric tells the full story. See the XKLS:5309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Itmax System Bhd Business Description

Address Jalan Radin Bagus 3, No. 30-G & 30-3, Seri Petaling, Wilayah Persekutuan, Kuala Lumpur, MYS, 57000
Itmax System Bhd is principally engaged in the business of supplying, installing, and providing public space networked systems and investment holding. The company develops networking solutions for smart video surveillance, smart parking, smart traffic management, smart street lighting and communication networks. Geographically, the company operates only in Malaysia.
98GF Score

Get the complete analysis for XKLS:5309

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

RM4.85
Price
RM4.70
GF Value