Computer Forms (Malaysia) Bhd (XKLS:8044) Days Payable: 44.66 (As of Dec. 2025) — 36% Above Median


What is Computer Forms (Malaysia) Bhd Days Payable?

Computer Forms (Malaysia) Bhd XKLS:8044 Days Payable is 44.66 as of Dec. 2025, which is 36% above its 10-year median of 32.94. The stock has 4 warning signs investors should review. Among 943 Business Services companies, Computer Forms (Malaysia) Bhd ranks better than 67.97% on this metric.

Computer Forms (Malaysia) Bhd's average Accounts Payable for the three months ended in Dec. 2025 was RM2.16 Mil. Computer Forms (Malaysia) Bhd's Cost of Goods Sold for the three months ended in Dec. 2025 was RM4.41 Mil. Hence, Computer Forms (Malaysia) Bhd's Days Payable for the three months ended in Dec. 2025 was 44.66.

The historical rank and industry rank for Computer Forms (Malaysia) Bhd's Days Payable or its related term are showing as below:

XKLS:8044' s Days Payable Range Over the Past 10 Years
Min: 23.78   Med: 32.94   Max: 77.46
Current: 77.46

During the past 13 years, Computer Forms (Malaysia) Bhd's highest Days Payable was 77.46. The lowest was 23.78. And the median was 32.94.

XKLS:8044's Days Payable is ranked better than
67.97% of 943 companies
in the Business Services industry
Industry Median: 46.92 vs XKLS:8044: 77.46

Computer Forms (Malaysia) Bhd's Days Payable declined from Dec. 2024 (155.35) to Dec. 2025 (44.66). It may suggest that Computer Forms (Malaysia) Bhd accelerated paying its suppliers.

Computer Forms (Malaysia) Bhd Days Payable Historical Data

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The historical data trend for Computer Forms (Malaysia) 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.

Computer Forms (Malaysia) Bhd Days Payable Chart

Computer Forms (Malaysia) Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Sep24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.62 33.88 35.53 32.00 35.57

Computer Forms (Malaysia) Bhd Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 155.35 88.64 83.44 75.23 44.66

XKLS:8044 vs CTAS, CPRT, ULS: Days Payable Comparison

For the Specialty Business Services subindustry, Computer Forms (Malaysia) 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.

Computer Forms (Malaysia) Bhd Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Computer Forms (Malaysia) Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Computer Forms (Malaysia) Bhd's Days Payable falls into.


Computer Forms (Malaysia) 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.

Computer Forms (Malaysia) Bhd's Days Payable for the fiscal year that ended in Sep. 2024 is calculated as

Days Payable (A: Sep. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Sep. 2024 )) / count ) / Cost of Goods Sold (A: Sep. 2024 )*Days in Period
=( (2.067 + 3.111) / 2 ) / 26.569*365
=2.589 / 26.569*365
=35.57

Computer Forms (Malaysia) Bhd's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (2.409 + 1.906) / 2 ) / 4.408*365 / 4
=2.1575 / 4.408*365 / 4
=44.66

* 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 44.66 mean?
Computer Forms (Malaysia) Bhd (XKLS:8044) has a Days Payable of 44.66 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Computer Forms (Malaysia) Bhd and its competitors. This is 36% above median its historical median of 32.94. Over the past decade, Computer Forms (Malaysia) Bhd's Days Payable has ranged from 23.78 to 77.46. According to the industry distribution chart, Computer Forms (Malaysia) Bhd ranks #302 out of 943 companies in the Business Services industry, placing it in the top 32%.
Is Computer Forms (Malaysia) Bhd's Days Payable too high?
Computer Forms (Malaysia) Bhd's current Days Payable of 44.66 is 36% above median its 10-year median of 32.94. Over the past 10 years, this metric has ranged from a low of 23.78 to a high of 77.46. The Business Services industry median Days Payable is 46.92. Computer Forms (Malaysia) Bhd's value of 44.66 is 4.8% below this industry median. Based on the distribution chart, Computer Forms (Malaysia) Bhd ranks #302 out of 943 companies in the Business Services industry, which is above the industry midpoint.
How does Computer Forms (Malaysia) Bhd's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Computer Forms (Malaysia) Bhd ranks #302 out of 943 companies for Days Payable. This puts Computer Forms (Malaysia) Bhd in the upper half of its industry. The industry median Days Payable is 46.92. Computer Forms (Malaysia) Bhd's value of 44.66 is 4.8% below this benchmark. Historically, Computer Forms (Malaysia) Bhd's own Days Payable has ranged from 23.78 to 77.46 over the past decade. While the company's 10-year median is 32.94 vs. the industry median of 46.92, Computer Forms (Malaysia) 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 Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 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. Computer Forms (Malaysia) Bhd's current Days Payable of 44.66 is 4.8% 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 Computer Forms (Malaysia) Bhd and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Computer Forms (Malaysia) Bhd's current Days Payable is 44.66, which is 36% above median its own 10-year median of 32.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Computer Forms (Malaysia) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Computer Forms (Malaysia) Bhd (XKLS:8044) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.07 — trading 30% above its estimated fair value. The current Days Payable is 44.66, which is 36% above median its 10-year median of 32.94 and 4.8% below the Business Services industry median of 46.92. 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 Computer Forms (Malaysia) Bhd (XKLS:8044), the current Days Payable is 44.66 as of Dec. 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.

Computer Forms (Malaysia) Bhd Business Description

Address Lot 2, Jalan Usahawan 5, Off Jalan Genting Kelang, PKNS Setapak Industrial Area, Kuala Lumpur, MYS, 53300
Computer Forms (Malaysia) Bhd is engaged in the printing and distributing of computer forms, stock forms, and specialized forms. The company operates through three segments namely Business forms and data print services, Commercial printing, Flexible packaging. It generates maximum revenue from the Flexible packaging segment. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in Indonesia. It offers various products such as general computer forms, security forms, mail/pressure seal mailers, stock forms, and optical mark recognition/optical character recognition forms.