Southern Steel BhdXKLS:5665 31 Days Payable is 30.24 as of Sep. 2025, which is 36% above its 10-year median of 22.22. GuruFocus rates XKLS:5665 with a GF Score™ of 31/100 and a GF Value™ of RM0.26 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 598 Steel companies, Southern Steel Bhd ranks worse than 63.71% on this metric.
The historical rank and industry rank for Southern Steel Bhd's Days Payable or its related term are showing as below:
XKLS:5665'
s Days Payable Range Over the Past 10 Years
Min: 15.94 Med: 22.22 Max: 35.12
Current: 30.22
During the past 13 years, Southern Steel Bhd's highest Days Payable was 35.12. The lowest was 15.94. And the median was 22.22.
XKLS:5665's Days Payable is ranked worse than 63.71% of 598
companies
in the Steel industry
Industry Median: 41.385
vs XKLS:5665: 30.22
Southern Steel Bhd's Days Payable
increased
from Sep. 2024 (19.52) to Sep. 2025 (30.24).
It may suggest that Southern Steel Bhddelayed paying its suppliers.
Southern Steel Bhd Days Payable Related Terms
Southern Steel Bhd Days Payable Historical Data
* Premium members only.
The historical data trend for Southern Steel 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.
XKLS:5665 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Southern Steel 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.
Southern Steel Bhd Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Southern Steel Bhd's Days Payable distribution charts can be found below:
* The bar in red indicates where Southern Steel Bhd's Days Payable falls into.
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.
Southern Steel Bhd's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as
* 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.
Southern Steel Bhd (XKLS:5665) has a Days Payable of 30.24 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Southern Steel Bhd and its competitors. This is 36% above median its historical median of 22.22. Over the past decade, Southern Steel Bhd's Days Payable has ranged from 15.94 to 35.12. According to the industry distribution chart, Southern Steel Bhd ranks #381 out of 598 companies in the Steel industry, placing it in the top 63.7%.
Is Southern Steel Bhd's Days Payable too high?
Southern Steel Bhd's current Days Payable of 30.24 is 36% above median its 10-year median of 22.22. Over the past 10 years, this metric has ranged from a low of 15.94 to a high of 35.12. The Steel industry median Days Payable is 41.39. Southern Steel Bhd's value of 30.24 is 26.9% below this industry median. Based on the distribution chart, Southern Steel Bhd ranks #381 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Southern Steel Bhd has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Steel Bhd's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Southern Steel Bhd ranks #381 out of 598 companies for Days Payable. This places Southern Steel Bhd in the lower half of its industry. The industry median Days Payable is 41.39. Southern Steel Bhd's value of 30.24 is 26.9% below this benchmark. Historically, Southern Steel Bhd's own Days Payable has ranged from 15.94 to 35.12 over the past decade. While the company's 10-year median is 22.22 vs. the industry median of 41.39, Southern Steel 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 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. Southern Steel Bhd's current Days Payable of 30.24 is 26.9% 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 Southern Steel 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. Southern Steel Bhd's current Days Payable is 30.24, which is 36% above median its own 10-year median of 22.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Steel Bhd stock overvalued right now?
Based on GuruFocus' analysis, Southern Steel Bhd (XKLS:5665) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.26, compared to a current price of RM0.41 — trading 55.8% above its estimated fair value. The current Days Payable is 30.24, which is 36% above median its 10-year median of 22.22 and 26.9% below the Steel industry median of 41.39. Southern Steel Bhd's overall GF Score™ is 31/100 with 3 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 Southern Steel Bhd (XKLS:5665), the current Days Payable is 30.24 as of Sep. 2025. 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 Southern Steel Bhd (XKLS:5665) Overvalued in 2026?
Based on GuruFocus' analysis, Southern Steel Bhd stock appears to be overvalued.
The current stock price of RM0.41 is trading 55.8% above its estimated GF Value™ of RM0.26.
GuruFocus considers Southern Steel Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:5665:
Days Payable: 30.24 (36% above median its 10-year median of 22.22)
GF Value™: RM0.26 vs. price of RM0.41 (55.8% above fair value)
Industry Position: 26.9% below the Steel median (#381 of 598)
No single metric tells the full story. See the XKLS:5665 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Southern Steel Bhd is an investment holding company involved in the manufacturing, sale and trading of steel bars and related products, while the principal activities of its subsidiaries include the manufacturing, sale and trading in billets, steel bars, wire rods, pre-stressed concrete strands, bars and wires, steel pipes, steel wires, and other related products, as well as rental of properties and investment holding. The company comprises the following reportable segments: Steel products, Investment holding and others and Hot rolled coil operation. The company derived the majority of revenue from the sale of its products: bars, wire rod, wire mesh, cut and bend and pre-stressed concrete wire.
31GF Score
Get the complete analysis for XKLS:5665
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:5665 has been successfully added to your 
