Singapore Exchange (FRA:SOU) Days Payable: 840.80 (As of Dec. 2025) — Near Median


FRA:SOU Singapore Exchange Ltd FRA:SOU
89 GF Score
Price €16.10
GF Value €8.66
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Singapore Exchange Days Payable?

Singapore Exchange FRA:SOU 89 Days Payable is 840.80 as of Dec. 2025, which is 4% below its 10-year median of 875.16. GuruFocus rates FRA:SOU with a GF Score™ of 89/100 and a GF Value™ of €8.66 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 541 Capital Markets companies, Singapore Exchange ranks better than 79.67% on this metric.

Singapore Exchange's average Accounts Payable for the six months ended in Dec. 2025 was €579.7 Mil. Singapore Exchange's Cost of Goods Sold for the six months ended in Dec. 2025 was €125.8 Mil. Hence, Singapore Exchange's Days Payable for the six months ended in Dec. 2025 was 840.80.

The historical rank and industry rank for Singapore Exchange's Days Payable or its related term are showing as below:

FRA:SOU' s Days Payable Range Over the Past 10 Years
Min: 766.53   Med: 875.16   Max: 1030.09
Current: 883.16

During the past 13 years, Singapore Exchange's highest Days Payable was 1030.09. The lowest was 766.53. And the median was 875.16.

FRA:SOU's Days Payable is ranked better than
79.67% of 541 companies
in the Capital Markets industry
Industry Median: 92.89 vs FRA:SOU: 883.16

Singapore Exchange's Days Payable declined from Dec. 2024 (898.64) to Dec. 2025 (840.80). It may suggest that Singapore Exchange accelerated paying its suppliers.


Singapore Exchange Days Payable Historical Data

* Premium members only.

The historical data trend for Singapore Exchange'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.

Singapore Exchange Days Payable Chart

Singapore Exchange Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 830.54 933.77 1,028.38 933.77 856.60

Singapore Exchange Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 1,033.47 1,028.67 898.64 902.52 840.80

FRA:SOU vs SPGI, CME, MCO: Days Payable Comparison

For the Financial Data & Stock Exchanges subindustry, Singapore Exchange'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.


Singapore Exchange Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Singapore Exchange's Days Payable distribution charts can be found below:

* The bar in red indicates where Singapore Exchange's Days Payable falls into.


FRA:SOU
89GF Score
Singapore Exchange Ltd FRA:SOU
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Singapore Exchange 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.

Singapore Exchange's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (595.75 + 521.706) / 2 ) / 238.077*365
=558.728 / 238.077*365
=856.60

Singapore Exchange'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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (521.706 + 637.682) / 2 ) / 125.825*365 / 2
=579.694 / 125.825*365 / 2
=840.80

* 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 840.80 mean?
Singapore Exchange (FRA:SOU) has a Days Payable of 840.80 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 Singapore Exchange and its competitors. This is near median its historical median of 875.16. Over the past decade, Singapore Exchange's Days Payable has ranged from 766.53 to 1,030.09. According to the industry distribution chart, Singapore Exchange ranks #110 out of 541 companies in the Capital Markets industry, placing it in the top 20.3%.
Is Singapore Exchange's Days Payable too high?
Singapore Exchange's current Days Payable of 840.80 is near median its 10-year median of 875.16. Over the past 10 years, this metric has ranged from a low of 766.53 to a high of 1,030.09. The Capital Markets industry median Days Payable is 92.89. Singapore Exchange's value of 840.80 is 805.2% above this industry median. Based on the distribution chart, Singapore Exchange ranks #110 out of 541 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Singapore Exchange has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Singapore Exchange's Days Payable compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Singapore Exchange ranks #110 out of 541 companies for Days Payable. This places Singapore Exchange in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 92.89. Singapore Exchange's value of 840.80 is 805.2% above this benchmark. Historically, Singapore Exchange's own Days Payable has ranged from 766.53 to 1,030.09 over the past decade. While the company's 10-year median is 875.16 vs. the industry median of 92.89, Singapore Exchange 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 92.89, based on 541 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. Singapore Exchange's current Days Payable of 840.80 is 805.2% 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 Singapore Exchange and its competitors. For the Capital Markets industry, the median Days Payable is 92.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Singapore Exchange's current Days Payable is 840.80, which is near median its own 10-year median of 875.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapore Exchange stock overvalued right now?
Based on GuruFocus' analysis, Singapore Exchange (FRA:SOU) is currently considered Significantly Overvalued. The stock's GF Value™ is €8.66, compared to a current price of €16.10 — trading 85.9% above its estimated fair value. The current Days Payable is 840.80, which is near median its 10-year median of 875.16 and 805.2% above the Capital Markets industry median of 92.89. Singapore Exchange's overall GF Score™ is 89/100 with 5 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 Singapore Exchange (FRA:SOU), the current Days Payable is 840.80 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.

Is Singapore Exchange (FRA:SOU) Overvalued in 2026?

Based on GuruFocus' analysis, Singapore Exchange stock appears to be overvalued. The current stock price of €16.10 is trading 85.9% above its estimated GF Value™ of €8.66. GuruFocus considers Singapore Exchange to be Significantly Overvalued.

Key valuation signals for FRA:SOU:

  • Days Payable: 840.80 (near median its 10-year median of 875.16)
  • GF Value™: €8.66 vs. price of €16.10 (85.9% above fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 805.2% above the Capital Markets median (#110 of 541)

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


Singapore Exchange Business Description

Address 2 Shenton Way, No. 02-02, SGX Centre 1, Singapore, SGP, 068804
Singapore Exchange is a vertically integrated securities exchange business, offering listing-, data-, trading-, clearing- and settlement services across equities, debt and derivatives. Singapore Exchange, like Singapore itself, is remarkably outward-facing and offers some of the most liquid and widely traded equity derivative products for various regional markets, including the FTSE China A50 Index Futures.
89GF Score

Get the complete analysis for FRA:SOU

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

€16.10
Price
€8.66
GF Value