SingAsia Holdings (HKSE:08293) Days Payable: 68.17 (As of Jan. 2026) — 5726% Above Median

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HKSE:08293 SingAsia Holdings Ltd HKSE:08293
35 GF Score
Price HK$0.10
GF Value HK$0.03
Valuation Significantly Overvalued
! 5 Warning Signs
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What is SingAsia Holdings Days Payable?

SingAsia Holdings HKSE:08293 -6.31% 35 Days Payable is 68.17 as of Jan. 2026, which is 5726% above its 10-year median of 1.17. GuruFocus rates HKSE:08293 with a GF Score™ of 35/100 and a GF Value™ of HK$0.03 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 945 Business Services companies, SingAsia Holdings ranks better than 60.53% on this metric.

SingAsia Holdings's average Accounts Payable for the six months ended in Jan. 2026 was HK$11.44 Mil. SingAsia Holdings's Cost of Goods Sold for the six months ended in Jan. 2026 was HK$30.61 Mil. Hence, SingAsia Holdings's Days Payable for the six months ended in Jan. 2026 was 68.17.

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

HKSE:08293' s Days Payable Range Over the Past 10 Years
Min: 0.17   Med: 1.17   Max: 79.93
Current: 60.19

During the past 12 years, SingAsia Holdings's highest Days Payable was 79.93. The lowest was 0.17. And the median was 1.17.

HKSE:08293's Days Payable is ranked better than
60.53% of 945 companies
in the Business Services industry
Industry Median: 45.59 vs HKSE:08293: 60.19

SingAsia Holdings's Days Payable increased from Jan. 2025 (0.00) to Jan. 2026 (68.17). It may suggest that SingAsia Holdings delayed paying its suppliers.


SingAsia Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for SingAsia Holdings'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.

SingAsia Holdings Days Payable Chart

SingAsia Holdings Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 79.93

SingAsia Holdings Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.00 0.00 0.00 64.42 68.17

HKSE:08293 vs KFY, RHI, TNET: Days Payable Comparison

For the Staffing & Employment Services subindustry, SingAsia Holdings'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.


SingAsia Holdings Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, SingAsia Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where SingAsia Holdings's Days Payable falls into.


HKSE:08293
35GF Score
SingAsia Holdings Ltd HKSE:08293
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SingAsia Holdings 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.

SingAsia Holdings's Days Payable for the fiscal year that ended in Jul. 2025 is calculated as

Days Payable (A: Jul. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2024 ) + Accounts Payable (A: Jul. 2025 )) / count ) / Cost of Goods Sold (A: Jul. 2025 )*Days in Period
=( (0 + 13.67) / 1 ) / 62.426*365
=13.67 / 62.426*365
=79.93

SingAsia Holdings's Days Payable for the quarter that ended in Jan. 2026 is calculated as:

Days Payable (Q: Jan. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2025 ) + Accounts Payable (Q: Jan. 2026 )) / count ) / Cost of Goods Sold (Q: Jan. 2026 )*Days in Period
=( (13.67 + 9.2) / 2 ) / 30.614*365 / 2
=11.435 / 30.614*365 / 2
=68.17

* 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 68.17 mean?
SingAsia Holdings (HKSE:08293) has a Days Payable of 68.17 as of Jan. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SingAsia Holdings and its competitors. This is 5726% above median its historical median of 1.17. Over the past decade, SingAsia Holdings' Days Payable has ranged from 0.17 to 79.93. According to the industry distribution chart, SingAsia Holdings ranks #373 out of 945 companies in the Business Services industry, placing it in the top 39.5%.
Is SingAsia Holdings' Days Payable too high?
SingAsia Holdings' current Days Payable of 68.17 is 5726% above median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 79.93. The Business Services industry median Days Payable is 45.59. SingAsia Holdings' value of 68.17 is 49.5% above this industry median. Based on the distribution chart, SingAsia Holdings ranks #373 out of 945 companies in the Business Services industry, which is above the industry midpoint. Overall, SingAsia Holdings has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SingAsia Holdings' Days Payable compare to KFY and RHI?
According to the Business Services industry distribution chart, SingAsia Holdings ranks #373 out of 945 companies for Days Payable. This puts SingAsia Holdings in the upper half of its industry. The industry median Days Payable is 45.59. SingAsia Holdings' value of 68.17 is 49.5% above this benchmark. Historically, SingAsia Holdings' own Days Payable has ranged from 0.17 to 79.93 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 45.59, SingAsia Holdings 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 Business Services company?
The median Days Payable among Business Services companies is 45.59, based on 945 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. SingAsia Holdings's current Days Payable of 68.17 is 49.5% 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 SingAsia Holdings and its competitors. For the Business Services industry, the median Days Payable is 45.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SingAsia Holdings's current Days Payable is 68.17, which is 5726% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SingAsia Holdings stock overvalued right now?
Based on GuruFocus' analysis, SingAsia Holdings (HKSE:08293) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.10 — trading 246.7% above its estimated fair value. The current Days Payable is 68.17, which is 5726% above median its 10-year median of 1.17 and 49.5% above the Business Services industry median of 45.59. SingAsia Holdings' overall GF Score™ is 35/100 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 SingAsia Holdings (HKSE:08293), the current Days Payable is 68.17 as of Jan. 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 SingAsia Holdings (HKSE:08293) Overvalued in 2026?

Based on GuruFocus' analysis, SingAsia Holdings stock appears to be overvalued. The current stock price of HK$0.10 is trading 246.7% above its estimated GF Value™ of HK$0.03. GuruFocus considers SingAsia Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:08293:

  • Days Payable: 68.17 (5726% above median its 10-year median of 1.17)
  • GF Value™: HK$0.03 vs. price of HK$0.10 (246.7% above fair value)
  • GF Score™: 35/100 with 5 warning signs
  • Industry Position: 49.5% above the Business Services median (#373 of 945)

No single metric tells the full story. See the HKSE:08293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SingAsia Holdings Business Description

Address 60 Paya Lebar Road, No. 12-29 Paya Lebar Square, Singapore, SGP, 409051
SingAsia Holdings Ltd provides specialised workforce solutions, offering manpower outsourcing and recruitment services in Singapore, and corporate development and training services in Hong Kong. The Group supports the hotel and resort, retail, food and beverage, and other sectors, including event organisers, facility management, and various industries across Singapore and Hong Kong. Revenue is generated from manpower outsourcing, recruitment, and corporate development and training services, with operations in both markets and maximum revenue from Singapore. The Group also acts as a one-stop workforce solutions provider, helping customers streamline operations through reliable staffing, HR support, and training services.
35GF Score

Get the complete analysis for HKSE:08293

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

HK$0.10
Price
HK$0.03
GF Value