MBM Resources Bhd (XKLS:5983) Days Payable: 21.61 (As of Mar. 2026) — 27% Above Median

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XKLS:5983 MBM Resources Bhd XKLS:5983
76 GF Score
Price RM4.68
GF Value RM5.20
Valuation Modestly Undervalued
! 5 Warning Signs
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What is MBM Resources Bhd Days Payable?

MBM Resources Bhd XKLS:5983 -0.64% 76 Days Payable is 21.61 as of Mar. 2026, which is 27% above its 10-year median of 16.96. GuruFocus rates XKLS:5983 with a GF Score™ of 76/100 and a GF Value™ of RM5.20 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,306 Vehicles & Parts companies, MBM Resources Bhd ranks worse than 92.5% on this metric.

MBM Resources Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM118 Mil. MBM Resources Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM498 Mil. Hence, MBM Resources Bhd's Days Payable for the three months ended in Mar. 2026 was 21.61.

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

XKLS:5983' s Days Payable Range Over the Past 10 Years
Min: 13.34   Med: 16.96   Max: 23.42
Current: 20.3

During the past 13 years, MBM Resources Bhd's highest Days Payable was 23.42. The lowest was 13.34. And the median was 16.96.

XKLS:5983's Days Payable is ranked worse than
92.5% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.255 vs XKLS:5983: 20.30

MBM Resources Bhd's Days Payable increased from Mar. 2025 (17.97) to Mar. 2026 (21.61). It may suggest that MBM Resources Bhd delayed paying its suppliers.


MBM Resources Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for MBM Resources 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.

MBM Resources Bhd Days Payable Chart

MBM Resources 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 23.42 17.79 16.96 13.53 13.34

MBM Resources 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 17.97 21.68 21.83 15.83 21.61

XKLS:5983 vs CVNA, PAG, ALTB: Days Payable Comparison

For the Auto & Truck Dealerships subindustry, MBM Resources 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.


MBM Resources Bhd Days Payable vs Vehicles & Parts Industry

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

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


XKLS:5983
76GF Score
MBM Resources Bhd XKLS:5983
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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MBM Resources 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.

MBM Resources 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
=( (79.127 + 91.487) / 2 ) / 2333.778*365
=85.307 / 2333.778*365
=13.34

MBM Resources 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
=( (91.487 + 144.491) / 2 ) / 498.178*365 / 4
=117.989 / 498.178*365 / 4
=21.61

* 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 21.61 mean?
MBM Resources Bhd (XKLS:5983) has a Days Payable of 21.61 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 MBM Resources Bhd and its competitors. This is 27% above median its historical median of 16.96. Over the past decade, MBM Resources Bhd's Days Payable has ranged from 13.34 to 23.42. According to the industry distribution chart, MBM Resources Bhd ranks #1208 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 92.5%.
Is MBM Resources Bhd's Days Payable too high?
MBM Resources Bhd's current Days Payable of 21.61 is 27% above median its 10-year median of 16.96. Over the past 10 years, this metric has ranged from a low of 13.34 to a high of 23.42. The Vehicles & Parts industry median Days Payable is 67.26. MBM Resources Bhd's value of 21.61 is 67.9% below this industry median. Based on the distribution chart, MBM Resources Bhd ranks #1208 out of 1306 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, MBM Resources Bhd has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MBM Resources Bhd's Days Payable compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, MBM Resources Bhd ranks #1208 out of 1306 companies for Days Payable. This places MBM Resources Bhd in the lower half of its industry. The industry median Days Payable is 67.26. MBM Resources Bhd's value of 21.61 is 67.9% below this benchmark. Historically, MBM Resources Bhd's own Days Payable has ranged from 13.34 to 23.42 over the past decade. While the company's 10-year median is 16.96 vs. the industry median of 67.26, MBM Resources 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 67.26, based on 1,306 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. MBM Resources Bhd's current Days Payable of 21.61 is 67.9% 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 MBM Resources Bhd and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MBM Resources Bhd's current Days Payable is 21.61, which is 27% above median its own 10-year median of 16.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBM Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, MBM Resources Bhd (XKLS:5983) is currently considered Modestly Undervalued. The stock's GF Value™ is RM5.20, compared to a current price of RM4.68 — trading 10% below its estimated fair value. The current Days Payable is 21.61, which is 27% above median its 10-year median of 16.96 and 67.9% below the Vehicles & Parts industry median of 67.26. MBM Resources Bhd's overall GF Score™ is 76/100 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 MBM Resources Bhd (XKLS:5983), the current Days Payable is 21.61 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 MBM Resources Bhd (XKLS:5983) Overvalued in 2026?

Based on GuruFocus' analysis, MBM Resources Bhd stock appears to be undervalued. The current stock price of RM4.68 is trading 10% below its estimated GF Value™ of RM5.20. GuruFocus considers MBM Resources Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5983:

  • Days Payable: 21.61 (27% above median its 10-year median of 16.96)
  • GF Value™: RM5.20 vs. price of RM4.68 (10% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 67.9% below the Vehicles & Parts median (#1208 of 1306)

No single metric tells the full story. See the XKLS:5983 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MBM Resources Bhd Business Description

Address 23-01, Level 23, Menara MBMR, 1 Jalan Syed Putra, Kuala Lumpur, MYS, 58000
MBM Resources Bhd is a Malaysian company that is in the business of motor trading and manufacturing auto parts. It has Motor trading and assembly, Auto parts manufacturing, and All Other segments. The motor trading segment covers the marketing and distribution of motor vehicles, spare parts, and the provision of related services. Auto parts segment comprises manufacturing of automotive parts and components, steel and alloy wheels and discs, noise, vibration, and harshness products, and provision of tyre assembly services. The motor trading segment generates majority of the revenues for the company.
76GF Score

Get the complete analysis for XKLS:5983

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

RM4.68
Price
RM5.20
GF Value