Thong Guan Industries Bhd (XKLS:7034) Days Payable: 55.51 (As of Mar. 2026) — Near Median

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XKLS:7034 Thong Guan Industries Bhd XKLS:7034
79 GF Score
Price RM1.45
GF Value RM1.70
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Thong Guan Industries Bhd Days Payable?

Thong Guan Industries Bhd XKLS:7034 +2.11% 79 Days Payable is 55.51 as of Mar. 2026, which is 7% above its 10-year median of 52.02. GuruFocus rates XKLS:7034 with a GF Score™ of 79/100 and a GF Value™ of RM1.70 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 382 Packaging & Containers companies, Thong Guan Industries Bhd ranks better than 50.26% on this metric.

Thong Guan Industries Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM162 Mil. Thong Guan Industries Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM266 Mil. Hence, Thong Guan Industries Bhd's Days Payable for the three months ended in Mar. 2026 was 55.51.

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

XKLS:7034' s Days Payable Range Over the Past 10 Years
Min: 40.99   Med: 52.02   Max: 57.53
Current: 57.53

During the past 13 years, Thong Guan Industries Bhd's highest Days Payable was 57.53. The lowest was 40.99. And the median was 52.02.

XKLS:7034's Days Payable is ranked better than
50.26% of 382 companies
in the Packaging & Containers industry
Industry Median: 57.265 vs XKLS:7034: 57.53

Thong Guan Industries Bhd's Days Payable increased from Mar. 2025 (50.51) to Mar. 2026 (55.51). It may suggest that Thong Guan Industries Bhd delayed paying its suppliers.


Thong Guan Industries Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Thong Guan Industries 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.

Thong Guan Industries Bhd Days Payable Chart

Thong Guan Industries 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 56.33 50.41 52.36 51.68 56.89

Thong Guan Industries 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 50.51 57.69 58.57 60.89 55.51

XKLS:7034 vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, Thong Guan Industries 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.


Thong Guan Industries Bhd Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thong Guan Industries Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Thong Guan Industries Bhd's Days Payable falls into.


XKLS:7034
79GF Score
Thong Guan Industries Bhd XKLS:7034
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Thong Guan Industries 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.

Thong Guan Industries 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
=( (157.636 + 162.799) / 2 ) / 1027.871*365
=160.2175 / 1027.871*365
=56.89

Thong Guan Industries 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
=( (162.799 + 160.321) / 2 ) / 265.565*365 / 4
=161.56 / 265.565*365 / 4
=55.51

* 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 55.51 mean?
Thong Guan Industries Bhd (XKLS:7034) has a Days Payable of 55.51 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 Thong Guan Industries Bhd and its competitors. This is near median its historical median of 52.02. Over the past decade, Thong Guan Industries Bhd's Days Payable has ranged from 40.99 to 57.53. According to the industry distribution chart, Thong Guan Industries Bhd ranks #190 out of 382 companies in the Packaging & Containers industry, placing it in the top 49.7%.
Is Thong Guan Industries Bhd's Days Payable too high?
Thong Guan Industries Bhd's current Days Payable of 55.51 is near median its 10-year median of 52.02. Over the past 10 years, this metric has ranged from a low of 40.99 to a high of 57.53. The Packaging & Containers industry median Days Payable is 57.27. Thong Guan Industries Bhd's value of 55.51 is 3.1% below this industry median. Based on the distribution chart, Thong Guan Industries Bhd ranks #190 out of 382 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Thong Guan Industries Bhd has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thong Guan Industries Bhd's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thong Guan Industries Bhd ranks #190 out of 382 companies for Days Payable. This puts Thong Guan Industries Bhd in the upper half of its industry. The industry median Days Payable is 57.27. Thong Guan Industries Bhd's value of 55.51 is 3.1% below this benchmark. Historically, Thong Guan Industries Bhd's own Days Payable has ranged from 40.99 to 57.53 over the past decade. While the company's 10-year median is 52.02 vs. the industry median of 57.27, Thong Guan Industries 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.27, based on 382 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. Thong Guan Industries Bhd's current Days Payable of 55.51 is 3.1% 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 Thong Guan Industries Bhd and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thong Guan Industries Bhd's current Days Payable is 55.51, which is near median its own 10-year median of 52.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thong Guan Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Thong Guan Industries Bhd (XKLS:7034) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.70, compared to a current price of RM1.45 — trading 14.7% below its estimated fair value. The current Days Payable is 55.51, which is near median its 10-year median of 52.02 and 3.1% below the Packaging & Containers industry median of 57.27. Thong Guan Industries 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 Thong Guan Industries Bhd (XKLS:7034), the current Days Payable is 55.51 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 Thong Guan Industries Bhd (XKLS:7034) Overvalued in 2026?

Based on GuruFocus' analysis, Thong Guan Industries Bhd stock appears to be undervalued. The current stock price of RM1.45 is trading 14.7% below its estimated GF Value™ of RM1.70. GuruFocus considers Thong Guan Industries Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7034:

  • Days Payable: 55.51 (near median its 10-year median of 52.02)
  • GF Value™: RM1.70 vs. price of RM1.45 (14.7% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 3.1% below the Packaging & Containers median (#190 of 382)

No single metric tells the full story. See the XKLS:7034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thong Guan Industries Bhd Business Description

Address Lot 52, Jalan PKNK 1/6, Kawasan Perusahaan Sungai Petani, Sungai Petani, KDH, MYS, 08000
Thong Guan Industries Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the firm is engaged in the trading of plastic packaging and petroleum products. It operates in two segments, including Plastic products and Food, beverages, and other consumable products. The company generates the majority of the revenue from the plastic products segment, which comprises stretch films, garbage bags, industrial bags, and PVC (Polyvinyl chloride) food wrap. Geographical presence is in Malaysia, Oceania, Europe, North America, other Asian countries, and others.
79GF Score

Get the complete analysis for XKLS:7034

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

RM1.45
Price
RM1.70
GF Value