Bright Packaging Industry Bhd (XKLS:9938) Days Payable: 55.51 (As of May. 2026) — Near Median

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XKLS:9938 Bright Packaging Industry Bhd XKLS:9938
54 GF Score
Price RM0.18
GF Value RM0.19
Valuation Fairly Valued
! 2 Warning Signs
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What is Bright Packaging Industry Bhd Days Payable?

Bright Packaging Industry Bhd XKLS:9938 54 Days Payable is 55.51 as of May. 2026, which is 8% below its 10-year median of 60.66. GuruFocus rates XKLS:9938 with a GF Score™ of 54/100 and a GF Value™ of RM0.19 (Fairly Valued). The stock has 2 warning signs investors should review. Among 388 Packaging & Containers companies, Bright Packaging Industry Bhd ranks better than 53.87% on this metric.

Bright Packaging Industry Bhd's average Accounts Payable for the three months ended in May. 2026 was RM6.27 Mil. Bright Packaging Industry Bhd's Cost of Goods Sold for the three months ended in May. 2026 was RM10.30 Mil. Hence, Bright Packaging Industry Bhd's Days Payable for the three months ended in May. 2026 was 55.51.

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

XKLS:9938' s Days Payable Range Over the Past 10 Years
Min: 35.7   Med: 60.66   Max: 102.17
Current: 64.56

During the past 13 years, Bright Packaging Industry Bhd's highest Days Payable was 102.17. The lowest was 35.70. And the median was 60.66.

XKLS:9938's Days Payable is ranked better than
53.87% of 388 companies
in the Packaging & Containers industry
Industry Median: 58.86 vs XKLS:9938: 64.56

Bright Packaging Industry Bhd's Days Payable declined from May. 2025 (62.12) to May. 2026 (55.51). It may suggest that Bright Packaging Industry Bhd accelerated paying its suppliers.


Bright Packaging Industry Bhd Days Payable Historical Data

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The historical data trend for Bright Packaging Industry 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.

Bright Packaging Industry Bhd Days Payable Chart

Bright Packaging Industry Bhd Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.17 93.97 74.12 63.29 55.60

Bright Packaging Industry Bhd Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 62.12 69.13 64.31 52.54 55.51

XKLS:9938 vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, Bright Packaging Industry 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.


Bright Packaging Industry Bhd Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bright Packaging Industry Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Bright Packaging Industry Bhd's Days Payable falls into.


XKLS:9938
54GF Score
Bright Packaging Industry Bhd XKLS:9938
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bright Packaging Industry 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.

Bright Packaging Industry Bhd's Days Payable for the fiscal year that ended in Aug. 2025 is calculated as

Days Payable (A: Aug. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2024 ) + Accounts Payable (A: Aug. 2025 )) / count ) / Cost of Goods Sold (A: Aug. 2025 )*Days in Period
=( (5.779 + 8.093) / 2 ) / 45.532*365
=6.936 / 45.532*365
=55.60

Bright Packaging Industry Bhd's Days Payable for the quarter that ended in May. 2026 is calculated as:

Days Payable (Q: May. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2026 ) + Accounts Payable (Q: May. 2026 )) / count ) / Cost of Goods Sold (Q: May. 2026 )*Days in Period
=( (4.165 + 8.365) / 2 ) / 10.298*365 / 4
=6.265 / 10.298*365 / 4
=55.51

* 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 55.51 mean?
Bright Packaging Industry Bhd (XKLS:9938) has a Days Payable of 55.51 as of May. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bright Packaging Industry Bhd and its competitors. This is near median its historical median of 60.66. Over the past decade, Bright Packaging Industry Bhd's Days Payable has ranged from 35.70 to 102.17. According to the industry distribution chart, Bright Packaging Industry Bhd ranks #179 out of 388 companies in the Packaging & Containers industry, placing it in the top 46.1%.
Is Bright Packaging Industry Bhd's Days Payable too high?
Bright Packaging Industry Bhd's current Days Payable of 55.51 is near median its 10-year median of 60.66. Over the past 10 years, this metric has ranged from a low of 35.70 to a high of 102.17. The Packaging & Containers industry median Days Payable is 58.86. Bright Packaging Industry Bhd's value of 55.51 is 5.7% below this industry median. Based on the distribution chart, Bright Packaging Industry Bhd ranks #179 out of 388 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Bright Packaging Industry Bhd has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bright Packaging Industry Bhd's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Bright Packaging Industry Bhd ranks #179 out of 388 companies for Days Payable. This puts Bright Packaging Industry Bhd in the upper half of its industry. The industry median Days Payable is 58.86. Bright Packaging Industry Bhd's value of 55.51 is 5.7% below this benchmark. Historically, Bright Packaging Industry Bhd's own Days Payable has ranged from 35.70 to 102.17 over the past decade. While the company's 10-year median is 60.66 vs. the industry median of 58.86, Bright Packaging Industry 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 58.86, based on 388 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. Bright Packaging Industry Bhd's current Days Payable of 55.51 is 5.7% 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 Bright Packaging Industry Bhd and its competitors. For the Packaging & Containers industry, the median Days Payable is 58.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Packaging Industry Bhd's current Days Payable is 55.51, which is near median its own 10-year median of 60.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Packaging Industry Bhd stock overvalued right now?
Based on GuruFocus' analysis, Bright Packaging Industry Bhd (XKLS:9938) is currently considered Fairly Valued. The stock's GF Value™ is RM0.19, compared to a current price of RM0.18 — trading 5.3% below its estimated fair value. The current Days Payable is 55.51, which is near median its 10-year median of 60.66 and 5.7% below the Packaging & Containers industry median of 58.86. Bright Packaging Industry Bhd's overall GF Score™ is 54/100 with 2 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 Bright Packaging Industry Bhd (XKLS:9938), the current Days Payable is 55.51 as of May. 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 Bright Packaging Industry Bhd (XKLS:9938) Overvalued in 2026?

Based on GuruFocus' analysis, Bright Packaging Industry Bhd stock appears to be undervalued. The current stock price of RM0.18 is trading 5.3% below its estimated GF Value™ of RM0.19. GuruFocus considers Bright Packaging Industry Bhd to be Fairly Valued.

Key valuation signals for XKLS:9938:

  • Days Payable: 55.51 (near median its 10-year median of 60.66)
  • GF Value™: RM0.19 vs. price of RM0.18 (5.3% below fair value)
  • GF Score™: 54/100 with 2 warning signs
  • Industry Position: 5.7% below the Packaging & Containers median (#179 of 388)

No single metric tells the full story. See the XKLS:9938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bright Packaging Industry Bhd Business Description

Address No. 23, Jalan Delima 1/3, Subang Hi-Tech Industrial Park, Shah Alam, SGR, MYS, 40000
Bright Packaging Industry Bhd is a manufacturer of aluminum foil laminate based in Malaysia. The company is engaged in the manufacturing and printing of aluminum foil packaging materials for the tobacco, liquor, confectionery, and pharmaceutical industries. It offers a range of services, including lamination, slitting, ink matching, and coating or lacquering. Its products include aluminum foil and metallized film laminates for tissue, wood-free paper, board, and inner frames, and it also exports to other countries. Geographically, the company generates revenue from Indonesia, Malaysia, Taiwan, Vietnam, Korea, the Philippines, and India, with the majority of revenue coming from Indonesia.
54GF Score

Get the complete analysis for XKLS:9938

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

RM0.18
Price
RM0.19
GF Value