Leader Steel Holdings Bhd (XKLS:9881) Days Payable: 75.90 (As of Mar. 2026) — 541% Above Median

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XKLS:9881 Leader Steel Holdings Bhd XKLS:9881
45 GF Score
Price RM0.37
GF Value RM0.34
Valuation Fairly Valued
! 6 Warning Signs
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What is Leader Steel Holdings Bhd Days Payable?

Leader Steel Holdings Bhd XKLS:9881 45 Days Payable is 75.90 as of Mar. 2026, which is 541% above its 10-year median of 11.85. GuruFocus rates XKLS:9881 with a GF Score™ of 45/100 and a GF Value™ of RM0.34 (Fairly Valued). The stock has 6 warning signs investors should review. Among 598 Steel companies, Leader Steel Holdings Bhd ranks better than 52.17% on this metric.

Leader Steel Holdings Bhd's average Accounts Payable for the three months ended in Mar. 2026 was RM32.3 Mil. Leader Steel Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM38.8 Mil. Hence, Leader Steel Holdings Bhd's Days Payable for the three months ended in Mar. 2026 was 75.90.

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

XKLS:9881' s Days Payable Range Over the Past 10 Years
Min: 2.3   Med: 11.85   Max: 43.68
Current: 43.68

During the past 13 years, Leader Steel Holdings Bhd's highest Days Payable was 43.68. The lowest was 2.30. And the median was 11.85.

XKLS:9881's Days Payable is ranked better than
52.17% of 598 companies
in the Steel industry
Industry Median: 41.37 vs XKLS:9881: 43.68

Leader Steel Holdings Bhd's Days Payable increased from Mar. 2025 (16.48) to Mar. 2026 (75.90). It may suggest that Leader Steel Holdings Bhd delayed paying its suppliers.


Leader Steel Holdings Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Leader Steel Holdings 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.

Leader Steel Holdings Bhd Days Payable Chart

Leader Steel Holdings 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 9.25 6.58 3.97 2.30 3.21

Leader Steel Holdings 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 16.48 27.19 20.12 10.59 75.90

XKLS:9881 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Leader Steel Holdings 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.


Leader Steel Holdings Bhd Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Leader Steel Holdings Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Leader Steel Holdings Bhd's Days Payable falls into.


XKLS:9881
45GF Score
Leader Steel Holdings Bhd XKLS:9881
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Leader Steel Holdings 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.

Leader Steel Holdings 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
=( (2.045 + 0.522) / 2 ) / 145.802*365
=1.2835 / 145.802*365
=3.21

Leader Steel Holdings 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
=( (0.522 + 64.078) / 2 ) / 38.832*365 / 4
=32.3 / 38.832*365 / 4
=75.90

* 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 75.90 mean?
Leader Steel Holdings Bhd (XKLS:9881) has a Days Payable of 75.90 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 Leader Steel Holdings Bhd and its competitors. This is 541% above median its historical median of 11.85. Over the past decade, Leader Steel Holdings Bhd's Days Payable has ranged from 2.30 to 43.68. According to the industry distribution chart, Leader Steel Holdings Bhd ranks #286 out of 598 companies in the Steel industry, placing it in the top 47.8%.
Is Leader Steel Holdings Bhd's Days Payable too high?
Leader Steel Holdings Bhd's current Days Payable of 75.90 is 541% above median its 10-year median of 11.85. Over the past 10 years, this metric has ranged from a low of 2.30 to a high of 43.68. The Steel industry median Days Payable is 41.37. Leader Steel Holdings Bhd's value of 75.90 is 83.5% above this industry median. Based on the distribution chart, Leader Steel Holdings Bhd ranks #286 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, Leader Steel Holdings Bhd has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Leader Steel Holdings Bhd's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Leader Steel Holdings Bhd ranks #286 out of 598 companies for Days Payable. This puts Leader Steel Holdings Bhd in the upper half of its industry. The industry median Days Payable is 41.37. Leader Steel Holdings Bhd's value of 75.90 is 83.5% above this benchmark. Historically, Leader Steel Holdings Bhd's own Days Payable has ranged from 2.30 to 43.68 over the past decade. While the company's 10-year median is 11.85 vs. the industry median of 41.37, Leader Steel Holdings 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 Steel company?
The median Days Payable among Steel companies is 41.37, based on 598 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. Leader Steel Holdings Bhd's current Days Payable of 75.90 is 83.5% 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 Leader Steel Holdings Bhd and its competitors. For the Steel industry, the median Days Payable is 41.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leader Steel Holdings Bhd's current Days Payable is 75.90, which is 541% above median its own 10-year median of 11.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leader Steel Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Leader Steel Holdings Bhd (XKLS:9881) is currently considered Fairly Valued. The stock's GF Value™ is RM0.34, compared to a current price of RM0.37 — trading 8.8% above its estimated fair value. The current Days Payable is 75.90, which is 541% above median its 10-year median of 11.85 and 83.5% above the Steel industry median of 41.37. Leader Steel Holdings Bhd's overall GF Score™ is 45/100 with 6 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 Leader Steel Holdings Bhd (XKLS:9881), the current Days Payable is 75.90 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 Leader Steel Holdings Bhd (XKLS:9881) Overvalued in 2026?

Based on GuruFocus' analysis, Leader Steel Holdings Bhd stock appears to be overvalued. The current stock price of RM0.37 is trading 8.8% above its estimated GF Value™ of RM0.34. GuruFocus considers Leader Steel Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:9881:

  • Days Payable: 75.90 (541% above median its 10-year median of 11.85)
  • GF Value™: RM0.34 vs. price of RM0.37 (8.8% above fair value)
  • GF Score™: 45/100 with 6 warning signs
  • Industry Position: 83.5% above the Steel median (#286 of 598)

No single metric tells the full story. See the XKLS:9881 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leader Steel Holdings Bhd Business Description

Address Wisma Leader Steel, Plot 85, Lorong Perusahaan Utama, Kawasan Perusahaan Bukit Tengah, Bukit Tengah, Seberang Prai Tengah, PNG, MYS, 14000
Leader Steel Holdings Bhd is an investment holding company. It is engaged in the business segment of Manufacturing, processing, and trading of steel and metal products and minerals. The group's steel and metal products include steel pipes and tubes, hollow sections, and steel flat bar, whereas the minerals include iron ore, manganese, mill scales, and slags. The company has two segments: the Steel segment and the Mineral segment. The company generates the majority of its revenue from the steel segment, which is engaged in the manufacturing and distribution of steel products. Geographically, the company operates in Malaysia, China, Hong Kong, Macau, the United Kingdom, and other countries, of which key revenue is generated from Malaysia.
45GF Score

Get the complete analysis for XKLS:9881

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

RM0.37
Price
RM0.34
GF Value