IGB Bhd (XKLS:5606) Days Payable: 178.01 (As of Mar. 2026) — 42% Above Median


XKLS:5606 IGB Bhd XKLS:5606
79 GF Score
Price RM2.37
GF Value RM1.81
Valuation Significantly Overvalued
! 5 Warning Signs
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What is IGB Bhd Days Payable?

IGB Bhd XKLS:5606 79 Days Payable is 178.01 as of Mar. 2026, which is 42% above its 10-year median of 125.17. GuruFocus rates XKLS:5606 with a GF Score™ of 79/100 and a GF Value™ of RM1.81 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,570 Real Estate companies, IGB Bhd ranks better than 75.35% on this metric.

IGB Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM393 Mil. IGB Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM202 Mil. Hence, IGB Bhd's Days Payable for the three months ended in Mar. 2026 was 178.01.

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

XKLS:5606' s Days Payable Range Over the Past 10 Years
Min: 69.76   Med: 125.17   Max: 282.93
Current: 247.58

During the past 13 years, IGB Bhd's highest Days Payable was 282.93. The lowest was 69.76. And the median was 125.17.

XKLS:5606's Days Payable is ranked better than
75.35% of 1570 companies
in the Real Estate industry
Industry Median: 94.38 vs XKLS:5606: 247.58

IGB Bhd's Days Payable increased from Mar. 2025 (173.24) to Mar. 2026 (178.01). It may suggest that IGB Bhd delayed paying its suppliers.


IGB Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for IGB 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.

IGB Bhd Days Payable Chart

IGB 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 118.49 91.89 71.07 80.17 69.76

IGB 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 173.24 311.16 318.77 159.02 178.01

XKLS:5606 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, IGB 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.


IGB Bhd Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, IGB Bhd's Days Payable distribution charts can be found below:

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


XKLS:5606
79GF Score
IGB Bhd XKLS:5606
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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IGB 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.

IGB 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
=( (186.87 + 140.338) / 2 ) / 856.023*365
=163.604 / 856.023*365
=69.76

IGB 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
=( (140.338 + 646.266) / 2 ) / 201.606*365 / 4
=393.302 / 201.606*365 / 4
=178.01

* 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 178.01 mean?
IGB Bhd (XKLS:5606) has a Days Payable of 178.01 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 IGB Bhd and its competitors. This is 42% above median its historical median of 125.17. Over the past decade, IGB Bhd's Days Payable has ranged from 69.76 to 282.93. According to the industry distribution chart, IGB Bhd ranks #387 out of 1570 companies in the Real Estate industry, placing it in the top 24.6%.
Is IGB Bhd's Days Payable too high?
IGB Bhd's current Days Payable of 178.01 is 42% above median its 10-year median of 125.17. Over the past 10 years, this metric has ranged from a low of 69.76 to a high of 282.93. The Real Estate industry median Days Payable is 94.38. IGB Bhd's value of 178.01 is 88.6% above this industry median. Based on the distribution chart, IGB Bhd ranks #387 out of 1570 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, IGB Bhd has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IGB Bhd's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, IGB Bhd ranks #387 out of 1570 companies for Days Payable. This places IGB Bhd in the top 25% of its industry — outperforming the majority of peers. The industry median Days Payable is 94.38. IGB Bhd's value of 178.01 is 88.6% above this benchmark. Historically, IGB Bhd's own Days Payable has ranged from 69.76 to 282.93 over the past decade. While the company's 10-year median is 125.17 vs. the industry median of 94.38, IGB 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,570 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. IGB Bhd's current Days Payable of 178.01 is 88.6% 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 IGB Bhd and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGB Bhd's current Days Payable is 178.01, which is 42% above median its own 10-year median of 125.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGB Bhd stock overvalued right now?
Based on GuruFocus' analysis, IGB Bhd (XKLS:5606) is currently considered Significantly Overvalued. The stock's GF Value™ is RM1.81, compared to a current price of RM2.37 — trading 30.9% above its estimated fair value. The current Days Payable is 178.01, which is 42% above median its 10-year median of 125.17 and 88.6% above the Real Estate industry median of 94.38. IGB Bhd's overall GF Score™ is 79/100 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 IGB Bhd (XKLS:5606), the current Days Payable is 178.01 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 IGB Bhd (XKLS:5606) Overvalued in 2026?

Based on GuruFocus' analysis, IGB Bhd stock appears to be overvalued. The current stock price of RM2.37 is trading 30.9% above its estimated GF Value™ of RM1.81. GuruFocus considers IGB Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5606:

  • Days Payable: 178.01 (42% above median its 10-year median of 125.17)
  • GF Value™: RM1.81 vs. price of RM2.37 (30.9% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 88.6% above the Real Estate median (#387 of 1570)

No single metric tells the full story. See the XKLS:5606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IGB Bhd Business Description

Address Lingkaran Syed Putra, Level 32, The Gardens South Tower, Mid Valley City, Kuala Lumpur, MYS, 59200
IGB Bhd is an investment holding company that engages in the provision of management services in Malaysia. It operates through the following segments which includes Property investment- retail, Property investment- commercial, Hotel segment, Property development segment, and construction. It makes the majority of the revenue from the Property investment- retail segment. The company also provides hotel management, building and maintenance, and exhibition services; owns and operates malls, and educational institutions.
79GF Score

Get the complete analysis for XKLS:5606

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

RM2.37
Price
RM1.81
GF Value