Ni Hsin Group Bhd (XKLS:7215) Days Payable: 216.68 (As of Mar. 2026) — 1034% Above Median


What is Ni Hsin Group Bhd Days Payable?

Ni Hsin Group Bhd XKLS:7215 Days Payable is 216.68 as of Mar. 2026, which is 1034% above its 10-year median of 19.10. The stock has 4 warning signs investors should review. Among 415 Furnishings, Fixtures & Appliances companies, Ni Hsin Group Bhd ranks better than 66.51% on this metric.

Ni Hsin Group Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM16.01 Mil. Ni Hsin Group Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM6.74 Mil. Hence, Ni Hsin Group Bhd's Days Payable for the three months ended in Mar. 2026 was 216.68.

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

XKLS:7215' s Days Payable Range Over the Past 10 Years
Min: 13.37   Med: 19.1   Max: 94.2
Current: 94.2

During the past 13 years, Ni Hsin Group Bhd's highest Days Payable was 94.20. The lowest was 13.37. And the median was 19.10.

XKLS:7215's Days Payable is ranked better than
66.51% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 64.14 vs XKLS:7215: 94.20

Ni Hsin Group Bhd's Days Payable increased from Mar. 2025 (66.51) to Mar. 2026 (216.68). It may suggest that Ni Hsin Group Bhd delayed paying its suppliers.


Ni Hsin Group Bhd Days Payable Historical Data

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The historical data trend for Ni Hsin Group 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.

Ni Hsin Group Bhd Days Payable Chart

Ni Hsin Group Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.68 24.87 17.11 15.94 21.07

Ni Hsin Group 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 66.51 54.36 78.69 89.56 216.68

XKLS:7215 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Ni Hsin Group 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.


Ni Hsin Group Bhd Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ni Hsin Group Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Ni Hsin Group Bhd's Days Payable falls into.



Ni Hsin Group 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.

Ni Hsin Group Bhd's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1.195 + 1.488) / 2 ) / 23.244*365
=1.3415 / 23.244*365
=21.07

Ni Hsin Group 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
=( (19.21 + 12.818) / 2 ) / 6.744*365 / 4
=16.014 / 6.744*365 / 4
=216.68

* 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 216.68 mean?
Ni Hsin Group Bhd (XKLS:7215) has a Days Payable of 216.68 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 Ni Hsin Group Bhd and its competitors. This is 1034% above median its historical median of 19.10. Over the past decade, Ni Hsin Group Bhd's Days Payable has ranged from 13.37 to 94.20. According to the industry distribution chart, Ni Hsin Group Bhd ranks #139 out of 415 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 33.5%.
Is Ni Hsin Group Bhd's Days Payable too high?
Ni Hsin Group Bhd's current Days Payable of 216.68 is 1034% above median its 10-year median of 19.10. Over the past 10 years, this metric has ranged from a low of 13.37 to a high of 94.20. The Furnishings, Fixtures & Appliances industry median Days Payable is 64.14. Ni Hsin Group Bhd's value of 216.68 is 237.8% above this industry median. Based on the distribution chart, Ni Hsin Group Bhd ranks #139 out of 415 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint.
How does Ni Hsin Group Bhd's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Ni Hsin Group Bhd ranks #139 out of 415 companies for Days Payable. This puts Ni Hsin Group Bhd in the upper half of its industry. The industry median Days Payable is 64.14. Ni Hsin Group Bhd's value of 216.68 is 237.8% above this benchmark. Historically, Ni Hsin Group Bhd's own Days Payable has ranged from 13.37 to 94.20 over the past decade. While the company's 10-year median is 19.10 vs. the industry median of 64.14, Ni Hsin Group 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 64.14, based on 415 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. Ni Hsin Group Bhd's current Days Payable of 216.68 is 237.8% 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 Ni Hsin Group Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 64.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ni Hsin Group Bhd's current Days Payable is 216.68, which is 1034% above median its own 10-year median of 19.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ni Hsin Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ni Hsin Group Bhd (XKLS:7215) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.17, compared to a current price of RM0.07 — trading 58.8% below its estimated fair value. The current Days Payable is 216.68, which is 1034% above median its 10-year median of 19.10 and 237.8% above the Furnishings, Fixtures & Appliances industry median of 64.14. 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 Ni Hsin Group Bhd (XKLS:7215), the current Days Payable is 216.68 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.

Ni Hsin Group Bhd Business Description

Address 45, Jalan Taming Dua, Taman Taming Jaya, Seri Kembangan, SGR, MYS, 43300
Ni Hsin Group Bhd is a manufacturer of premium stainless-steel multi-ply cookware in Malaysia. The business of the company is organized into the following product segments, Cookware, Stainless-steel products, Food and beverages, Logistics services, and Electric vehicles. Cookware Design: manufacture and sale of all kinds of kitchenware and cookware, Stainless steel products: Research, development and manufacture of stainless steel products, Food and beverages: Manufacture and trading in all kinds of food and beverages, cafe and restaurant business, Logistic services, Electric vehicles: Assembling, promoting and marketing of all kinds of electric vehicles.