Resintech Bhd (XKLS:7232) Days Payable: 22.21 (As of Mar. 2026) — 25% Below Median


XKLS:7232 Resintech Bhd XKLS:7232
61 GF Score
Price RM0.45
GF Value RM0.80
Valuation Possible Value Trap
! 3 Warning Signs
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What is Resintech Bhd Days Payable?

Resintech Bhd XKLS:7232 61 Days Payable is 22.21 as of Mar. 2026, which is 25% below its 10-year median of 29.77. GuruFocus rates XKLS:7232 with a GF Score™ of 61/100 and a GF Value™ of RM0.80 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,710 Construction companies, Resintech Bhd ranks worse than 90.47% on this metric.

Resintech Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM7.4 Mil. Resintech Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM30.4 Mil. Hence, Resintech Bhd's Days Payable for the three months ended in Mar. 2026 was 22.21.

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

XKLS:7232' s Days Payable Range Over the Past 10 Years
Min: 16.79   Med: 29.77   Max: 42.78
Current: 27.9

During the past 13 years, Resintech Bhd's highest Days Payable was 42.78. The lowest was 16.79. And the median was 29.77.

XKLS:7232's Days Payable is ranked worse than
90.47% of 1710 companies
in the Construction industry
Industry Median: 76.79 vs XKLS:7232: 27.90

Resintech Bhd's Days Payable declined from Mar. 2025 (36.78) to Mar. 2026 (22.21). It may suggest that Resintech Bhd accelerated paying its suppliers.


Resintech Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Resintech 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.

Resintech Bhd Days Payable Chart

Resintech Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.78 39.20 37.61 29.50 21.90

Resintech 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 36.78 28.71 44.12 25.29 22.21

XKLS:7232 vs TT, JCI, CARR: Days Payable Comparison

For the Building Products & Equipment subindustry, Resintech 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.


Resintech Bhd Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Resintech Bhd's Days Payable distribution charts can be found below:

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


XKLS:7232
61GF Score
Resintech Bhd XKLS:7232
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Resintech 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.

Resintech Bhd's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (7.344 + 7.601) / 2 ) / 124.514*365
=7.4725 / 124.514*365
=21.90

Resintech 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
=( (7.19 + 7.601) / 2 ) / 30.382*365 / 4
=7.3955 / 30.382*365 / 4
=22.21

* 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 22.21 mean?
Resintech Bhd (XKLS:7232) has a Days Payable of 22.21 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 Resintech Bhd and its competitors. This is 25% below median its historical median of 29.77. Over the past decade, Resintech Bhd's Days Payable has ranged from 16.79 to 42.78. According to the industry distribution chart, Resintech Bhd ranks #1547 out of 1710 companies in the Construction industry, placing it in the top 90.5%.
Is Resintech Bhd's Days Payable too high?
Resintech Bhd's current Days Payable of 22.21 is 25% below median its 10-year median of 29.77. Over the past 10 years, this metric has ranged from a low of 16.79 to a high of 42.78. The Construction industry median Days Payable is 76.79. Resintech Bhd's value of 22.21 is 71.1% below this industry median. Based on the distribution chart, Resintech Bhd ranks #1547 out of 1710 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Resintech Bhd has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Resintech Bhd's Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Resintech Bhd ranks #1547 out of 1710 companies for Days Payable. This places Resintech Bhd in the lower half of its industry. The industry median Days Payable is 76.79. Resintech Bhd's value of 22.21 is 71.1% below this benchmark. Historically, Resintech Bhd's own Days Payable has ranged from 16.79 to 42.78 over the past decade. While the company's 10-year median is 29.77 vs. the industry median of 76.79, Resintech 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 Construction company?
The median Days Payable among Construction companies is 76.79, based on 1,710 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. Resintech Bhd's current Days Payable of 22.21 is 71.1% 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 Resintech Bhd and its competitors. For the Construction industry, the median Days Payable is 76.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Resintech Bhd's current Days Payable is 22.21, which is 25% below median its own 10-year median of 29.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resintech Bhd stock overvalued right now?
Based on GuruFocus' analysis, Resintech Bhd (XKLS:7232) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.80, compared to a current price of RM0.45 — trading 44.4% below its estimated fair value. The current Days Payable is 22.21, which is 25% below median its 10-year median of 29.77 and 71.1% below the Construction industry median of 76.79. Resintech Bhd's overall GF Score™ is 61/100 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 Resintech Bhd (XKLS:7232), the current Days Payable is 22.21 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 Resintech Bhd (XKLS:7232) Overvalued in 2026?

Based on GuruFocus' analysis, Resintech Bhd stock appears to be undervalued. The current stock price of RM0.45 is trading 44.4% below its estimated GF Value™ of RM0.80. GuruFocus considers Resintech Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7232:

  • Days Payable: 22.21 (25% below median its 10-year median of 29.77)
  • GF Value™: RM0.80 vs. price of RM0.45 (44.4% below fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 71.1% below the Construction median (#1547 of 1710)

No single metric tells the full story. See the XKLS:7232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Resintech Bhd Business Description

Address Lot 3 and 5, Jalan Waja 14, Kawasan Perindustrian, Telok Panglima Garang, SGR, MYS, 42500
Resintech Bhd engages in the provision of management services. It is involved in innovating, designing, manufacturing, and marketing a diversified range of uPVC and Polyethylene products. The company operates through various segments namely Manufacturing and Trading; Services; Investment Holding; Services and Others. The Manufacturing and Trading segment of the company is involved in the manufacturing and trading of a diversified range of plastics pipes, water tanks, and fittings; the services segment is the property holding, and the Investment Holding segment refers to investments, and others segment. The firm's majority revenue gets generated through the Manufacturing and Trading segment. Malaysia contributes to the majority of total revenue.
61GF Score

Get the complete analysis for XKLS:7232

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

RM0.45
Price
RM0.80
GF Value