CN Asia Bhd (XKLS:7986) Days Payable: 53.54 (As of Sep. 2025) — 16% Above Median


What is CN Asia Bhd Days Payable?

CN Asia Bhd XKLS:7986 Days Payable is 53.54 as of Sep. 2025, which is 16% above its 10-year median of 46.19. The stock has 7 warning signs investors should review. Among 2,991 Industrial Products companies, CN Asia Bhd ranks worse than 66.93% on this metric.

CN Asia Bhd's average Accounts Payable for the three months ended in Sep. 2025 was RM3.55 Mil. CN Asia Bhd's Cost of Goods Sold for the three months ended in Sep. 2025 was RM6.05 Mil. Hence, CN Asia Bhd's Days Payable for the three months ended in Sep. 2025 was 53.54.

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

XKLS:7986' s Days Payable Range Over the Past 10 Years
Min: 32.22   Med: 46.19   Max: 60.01
Current: 53.04

During the past 13 years, CN Asia Bhd's highest Days Payable was 60.01. The lowest was 32.22. And the median was 46.19.

XKLS:7986's Days Payable is ranked worse than
66.93% of 2991 companies
in the Industrial Products industry
Industry Median: 78.08 vs XKLS:7986: 53.04

CN Asia Bhd's Days Payable declined from Sep. 2024 (82.84) to Sep. 2025 (53.54). It may suggest that CN Asia Bhd accelerated paying its suppliers.


CN Asia Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for CN Asia 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.

CN Asia Bhd Days Payable Chart

CN Asia Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.95 43.81 60.01 55.66 32.22

CN Asia Bhd Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 82.84 58.95 58.24 43.46 53.54

XKLS:7986 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, CN Asia 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.


CN Asia Bhd Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, CN Asia Bhd's Days Payable distribution charts can be found below:

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



CN Asia 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.

CN Asia Bhd's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (1.147 + 1.475) / 2 ) / 14.852*365
=1.311 / 14.852*365
=32.22

CN Asia Bhd's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (3.74 + 3.359) / 2 ) / 6.049*365 / 4
=3.5495 / 6.049*365 / 4
=53.54

* 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 53.54 mean?
CN Asia Bhd (XKLS:7986) has a Days Payable of 53.54 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on CN Asia Bhd and its competitors. This is 16% above median its historical median of 46.19. Over the past decade, CN Asia Bhd's Days Payable has ranged from 32.22 to 60.01. According to the industry distribution chart, CN Asia Bhd ranks #2002 out of 2991 companies in the Industrial Products industry, placing it in the top 66.9%.
Is CN Asia Bhd's Days Payable too high?
CN Asia Bhd's current Days Payable of 53.54 is 16% above median its 10-year median of 46.19. Over the past 10 years, this metric has ranged from a low of 32.22 to a high of 60.01. The Industrial Products industry median Days Payable is 78.08. CN Asia Bhd's value of 53.54 is 31.4% below this industry median. Based on the distribution chart, CN Asia Bhd ranks #2002 out of 2991 companies in the Industrial Products industry, which is below the industry midpoint.
How does CN Asia Bhd's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, CN Asia Bhd ranks #2002 out of 2991 companies for Days Payable. This places CN Asia Bhd in the lower half of its industry. The industry median Days Payable is 78.08. CN Asia Bhd's value of 53.54 is 31.4% below this benchmark. Historically, CN Asia Bhd's own Days Payable has ranged from 32.22 to 60.01 over the past decade. While the company's 10-year median is 46.19 vs. the industry median of 78.08, CN Asia 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,991 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. CN Asia Bhd's current Days Payable of 53.54 is 31.4% 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 CN Asia Bhd and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CN Asia Bhd's current Days Payable is 53.54, which is 16% above median its own 10-year median of 46.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CN Asia Bhd stock overvalued right now?
Based on GuruFocus' analysis, CN Asia Bhd (XKLS:7986) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.23, compared to a current price of RM0.07 — trading 71.7% below its estimated fair value. The current Days Payable is 53.54, which is 16% above median its 10-year median of 46.19 and 31.4% below the Industrial Products industry median of 78.08. 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 CN Asia Bhd (XKLS:7986), the current Days Payable is 53.54 as of Sep. 2025. 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.

CN Asia Bhd Business Description

Address Jalan Balakong, Lot 7907, Batu 11, Ground Floor Office Building, Seri Kembangan, SGR, MYS, 43300
CN Asia Corp Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the manufacturing and trading of underground and skid tanks, dish ends, pressure vessels, road tankers, pipings for the petroleum industry, specialised engineering and fabrication works, and operating as sub-contractors for civil engineering works. The group's operating business segments are: Manufacturing, Investment, Financial Services, and Energy Management. The majority of its revenue is generated from the Manufacturing segment, which manufactures tanks and other related products, and is involved in engineering and fabrication works. Geographically, the group generates maximum revenue from Malaysia, followed by Hong Kong, Singapore, Brunei, and the Philippines.