Skygate Solutions Bhd (XKLS:7249) Days Payable: 128.34 (As of Mar. 2026) — 15% Above Median


XKLS:7249 Skygate Solutions Bhd XKLS:7249
53 GF Score
Price RM0.80
GF Value RM1.52
Valuation Possible Value Trap
! 10 Warning Signs
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What is Skygate Solutions Bhd Days Payable?

Skygate Solutions Bhd XKLS:7249 +1.91% 53 Days Payable is 128.34 as of Mar. 2026, which is 15% above its 10-year median of 111.24. GuruFocus rates XKLS:7249 with a GF Score™ of 53/100 and a GF Value™ of RM1.52 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 1,573 Real Estate companies, Skygate Solutions Bhd ranks better than 58.42% on this metric.

Skygate Solutions Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM30.5 Mil. Skygate Solutions Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM21.7 Mil. Hence, Skygate Solutions Bhd's Days Payable for the three months ended in Mar. 2026 was 128.34.

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

XKLS:7249' s Days Payable Range Over the Past 10 Years
Min: 35.5   Med: 111.24   Max: 232.89
Current: 126.75

During the past 13 years, Skygate Solutions Bhd's highest Days Payable was 232.89. The lowest was 35.50. And the median was 111.24.

XKLS:7249's Days Payable is ranked better than
58.42% of 1573 companies
in the Real Estate industry
Industry Median: 94.03 vs XKLS:7249: 126.75

Skygate Solutions Bhd's Days Payable declined from Mar. 2025 (137.43) to Mar. 2026 (128.34). It may suggest that Skygate Solutions Bhd accelerated paying its suppliers.


Skygate Solutions Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Skygate Solutions 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.

Skygate Solutions Bhd Days Payable Chart

Skygate Solutions 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 165.47 215.44 92.58 38.59 35.50

Skygate Solutions 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 137.43 133.06 152.72 69.75 128.34

Skygate Solutions Bhd Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Skygate Solutions 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.


Skygate Solutions Bhd Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Skygate Solutions Bhd's Days Payable distribution charts can be found below:

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


XKLS:7249
53GF Score
Skygate Solutions Bhd XKLS:7249
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Skygate Solutions 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.

Skygate Solutions 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
=( (3.339 + 11.14) / 2 ) / 74.428*365
=7.2395 / 74.428*365
=35.50

Skygate Solutions 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
=( (11.14 + 49.786) / 2 ) / 21.66*365 / 4
=30.463 / 21.66*365 / 4
=128.34

* 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 128.34 mean?
Skygate Solutions Bhd (XKLS:7249) has a Days Payable of 128.34 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 Skygate Solutions Bhd and its competitors. This is 15% above median its historical median of 111.24. Over the past decade, Skygate Solutions Bhd's Days Payable has ranged from 35.50 to 232.89. According to the industry distribution chart, Skygate Solutions Bhd ranks #654 out of 1573 companies in the Real Estate industry, placing it in the top 41.6%.
Is Skygate Solutions Bhd's Days Payable too high?
Skygate Solutions Bhd's current Days Payable of 128.34 is 15% above median its 10-year median of 111.24. Over the past 10 years, this metric has ranged from a low of 35.50 to a high of 232.89. The Real Estate industry median Days Payable is 94.03. Skygate Solutions Bhd's value of 128.34 is 36.5% above this industry median. Based on the distribution chart, Skygate Solutions Bhd ranks #654 out of 1573 companies in the Real Estate industry, which is above the industry midpoint. Overall, Skygate Solutions Bhd has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Skygate Solutions Bhd's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Skygate Solutions Bhd ranks #654 out of 1573 companies for Days Payable. This puts Skygate Solutions Bhd in the upper half of its industry. The industry median Days Payable is 94.03. Skygate Solutions Bhd's value of 128.34 is 36.5% above this benchmark. Historically, Skygate Solutions Bhd's own Days Payable has ranged from 35.50 to 232.89 over the past decade. While the company's 10-year median is 111.24 vs. the industry median of 94.03, Skygate Solutions 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.03, based on 1,573 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. Skygate Solutions Bhd's current Days Payable of 128.34 is 36.5% 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 Skygate Solutions Bhd and its competitors. For the Real Estate industry, the median Days Payable is 94.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skygate Solutions Bhd's current Days Payable is 128.34, which is 15% above median its own 10-year median of 111.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skygate Solutions Bhd stock overvalued right now?
Based on GuruFocus' analysis, Skygate Solutions Bhd (XKLS:7249) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.52, compared to a current price of RM0.80 — trading 47.4% below its estimated fair value. The current Days Payable is 128.34, which is 15% above median its 10-year median of 111.24 and 36.5% above the Real Estate industry median of 94.03. Skygate Solutions Bhd's overall GF Score™ is 53/100 with 10 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 Skygate Solutions Bhd (XKLS:7249), the current Days Payable is 128.34 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 Skygate Solutions Bhd (XKLS:7249) Overvalued in 2026?

Based on GuruFocus' analysis, Skygate Solutions Bhd stock appears to be undervalued. The current stock price of RM0.80 is trading 47.4% below its estimated GF Value™ of RM1.52. GuruFocus considers Skygate Solutions Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7249:

  • Days Payable: 128.34 (15% above median its 10-year median of 111.24)
  • GF Value™: RM1.52 vs. price of RM0.80 (47.4% below fair value)
  • GF Score™: 53/100 with 10 warning signs
  • Industry Position: 36.5% above the Real Estate median (#654 of 1573)

No single metric tells the full story. See the XKLS:7249 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Skygate Solutions Bhd Business Description

Address No. 1, Lebuh Tunku Kudin 3, Suite 1-01-02 Menara IJM Land, Gelugor, PNG, MYS, 11700
Skygate Solutions Bhd formerly Ewein Bhd is a Malaysia-based metal fabrication company. It operates through four business segments. The manufacturing segment involves the manufacturing of precision sheet metal fabricated parts and the design and fabrication of moulds, tools, and dies. The property development and construction segment comprises the development of residential properties and trading in construction materials. Property Management offers to let and manage an office building, factory building, heritage, and cultural property. The investment holding segment manages investment holding activities. Geographically, it has operations in Malaysia, China, Indonesia, USA, Japan, Europe, and other countries. Maximum revenue is generated from the Manufacturing.
53GF Score

Get the complete analysis for XKLS:7249

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

RM0.80
Price
RM1.52
GF Value