Spritzer Bhd (XKLS:7103) Days Payable: 34.88 (As of Mar. 2026) — 23% Below Median


XKLS:7103 Spritzer Bhd XKLS:7103
88 GF Score
Price RM2.93
GF Value RM1.76
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Spritzer Bhd Days Payable?

Spritzer Bhd XKLS:7103 +0.69% 88 Days Payable is 34.88 as of Mar. 2026, which is 23% below its 10-year median of 45.59. GuruFocus rates XKLS:7103 with a GF Score™ of 88/100 and a GF Value™ of RM1.76 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 113 Beverages - Non-Alcoholic companies, Spritzer Bhd ranks worse than 62.83% on this metric.

Spritzer Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM29.4 Mil. Spritzer Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM76.9 Mil. Hence, Spritzer Bhd's Days Payable for the three months ended in Mar. 2026 was 34.88.

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

XKLS:7103' s Days Payable Range Over the Past 10 Years
Min: 35.19   Med: 45.59   Max: 53.96
Current: 43.08

During the past 13 years, Spritzer Bhd's highest Days Payable was 53.96. The lowest was 35.19. And the median was 45.59.

XKLS:7103's Days Payable is ranked worse than
62.83% of 113 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 57.76 vs XKLS:7103: 43.08

Spritzer Bhd's Days Payable declined from Mar. 2025 (37.03) to Mar. 2026 (34.88). It may suggest that Spritzer Bhd accelerated paying its suppliers.


Spritzer Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Spritzer 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.

Spritzer Bhd Days Payable Chart

Spritzer Bhd Annual Data
Trend May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.88 41.81 39.31 36.24 35.19

Spritzer 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 37.03 49.03 50.22 34.24 34.88

XKLS:7103 vs KO, PEP, MNST: Days Payable Comparison

For the Beverages - Non-Alcoholic subindustry, Spritzer 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.


Spritzer Bhd Days Payable vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Spritzer Bhd's Days Payable distribution charts can be found below:

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


XKLS:7103
88GF Score
Spritzer Bhd XKLS:7103
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Spritzer 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.

Spritzer 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
=( (17.867 + 18.04) / 2 ) / 186.24*365
=17.9535 / 186.24*365
=35.19

Spritzer 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
=( (18.04 + 40.772) / 2 ) / 76.923*365 / 4
=29.406 / 76.923*365 / 4
=34.88

* 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 34.88 mean?
Spritzer Bhd (XKLS:7103) has a Days Payable of 34.88 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 Spritzer Bhd and its competitors. This is 23% below median its historical median of 45.59. Over the past decade, Spritzer Bhd's Days Payable has ranged from 35.19 to 53.96. According to the industry distribution chart, Spritzer Bhd ranks #71 out of 113 companies in the Beverages - Non-Alcoholic industry, placing it in the top 62.8%.
Is Spritzer Bhd's Days Payable too high?
Spritzer Bhd's current Days Payable of 34.88 is 23% below median its 10-year median of 45.59. Over the past 10 years, this metric has ranged from a low of 35.19 to a high of 53.96. The Beverages - Non-Alcoholic industry median Days Payable is 57.76. Spritzer Bhd's value of 34.88 is 39.6% below this industry median. Based on the distribution chart, Spritzer Bhd ranks #71 out of 113 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Spritzer Bhd has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spritzer Bhd's Days Payable compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Spritzer Bhd ranks #71 out of 113 companies for Days Payable. This places Spritzer Bhd in the lower half of its industry. The industry median Days Payable is 57.76. Spritzer Bhd's value of 34.88 is 39.6% below this benchmark. Historically, Spritzer Bhd's own Days Payable has ranged from 35.19 to 53.96 over the past decade. While the company's 10-year median is 45.59 vs. the industry median of 57.76, Spritzer 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 Beverages - Non-Alcoholic company?
The median Days Payable among Beverages - Non-Alcoholic companies is 57.76, based on 113 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. Spritzer Bhd's current Days Payable of 34.88 is 39.6% 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 Spritzer Bhd and its competitors. For the Beverages - Non-Alcoholic industry, the median Days Payable is 57.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spritzer Bhd's current Days Payable is 34.88, which is 23% below median its own 10-year median of 45.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spritzer Bhd stock overvalued right now?
Based on GuruFocus' analysis, Spritzer Bhd (XKLS:7103) is currently considered Significantly Overvalued. The stock's GF Value™ is RM1.76, compared to a current price of RM2.93 — trading 66.5% above its estimated fair value. The current Days Payable is 34.88, which is 23% below median its 10-year median of 45.59 and 39.6% below the Beverages - Non-Alcoholic industry median of 57.76. Spritzer Bhd's overall GF Score™ is 88/100 with 4 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 Spritzer Bhd (XKLS:7103), the current Days Payable is 34.88 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 Spritzer Bhd (XKLS:7103) Overvalued in 2026?

Based on GuruFocus' analysis, Spritzer Bhd stock appears to be overvalued. The current stock price of RM2.93 is trading 66.5% above its estimated GF Value™ of RM1.76. GuruFocus considers Spritzer Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:7103:

  • Days Payable: 34.88 (23% below median its 10-year median of 45.59)
  • GF Value™: RM1.76 vs. price of RM2.93 (66.5% above fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 39.6% below the Beverages - Non-Alcoholic median (#71 of 113)

No single metric tells the full story. See the XKLS:7103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spritzer Bhd Business Description

Address Lot 898, Jalan Reservoir, Off Jalan Air Kuning, Taiping, PRK, MYS, 34000
Spritzer Bhd is principally involved in the production and sale of natural mineral water, carbonated flavoured water, distilled water, drinking water and non-carbonated flavoured water, manufacturing and selling of PET preforms, PET bottles, caps, toothbrushes and other plastic products, distribution of bottled water and other consumer products, operator of a mini golf course, recreational park and retail of consumer products, property development and investment holding. The company operates through three segments Manufacturing, Trading, and Others. The company generates majority of revenue from Manufacturing segment. The company's main products includes Everyday Hydration, Sparking Hydration, Flavourful Hydration, etc.
88GF Score

Get the complete analysis for XKLS:7103

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

RM2.93
Price
RM1.76
GF Value