Song Da (HSTC:SJG) Days Payable: 88.86 (As of Mar. 2026) — 31% Below Median

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HSTC:SJG Song Da Corp HSTC:SJG
72 GF Score
Price ₫24,000.00
GF Value ₫20,274.99
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Song Da Days Payable?

Song Da HSTC:SJG 72 Days Payable is 88.86 as of Mar. 2026, which is 31% below its 10-year median of 129.57. GuruFocus rates HSTC:SJG with a GF Score™ of 72/100 and a GF Value™ of ₫20,274.99 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 510 Conglomerates companies, Song Da ranks better than 65.88% on this metric.

Song Da's average Accounts Payable for the three months ended in Mar. 2026 was ₫976,906 Mil. Song Da's Cost of Goods Sold for the three months ended in Mar. 2026 was ₫1,003,166 Mil. Hence, Song Da's Days Payable for the three months ended in Mar. 2026 was 88.86.

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

HSTC:SJG' s Days Payable Range Over the Past 10 Years
Min: 75.29   Med: 129.57   Max: 179.45
Current: 76.31

During the past 6 years, Song Da's highest Days Payable was 179.45. The lowest was 75.29. And the median was 129.57.

HSTC:SJG's Days Payable is ranked better than
65.88% of 510 companies
in the Conglomerates industry
Industry Median: 56.11 vs HSTC:SJG: 76.31

Song Da's Days Payable declined from Mar. 2025 (92.63) to Mar. 2026 (88.86). It may suggest that Song Da accelerated paying its suppliers.


Song Da Days Payable Historical Data

* Premium members only.

The historical data trend for Song Da'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.

Song Da Days Payable Chart

Song Da Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 158.05 170.21 98.60 101.08 75.29

Song Da Quarterly Data
Dec20 Jun21 Sep21 Dec21 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 92.63 71.20 74.34 76.46 88.86

HSTC:SJG vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, Song Da'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.


Song Da Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Song Da's Days Payable distribution charts can be found below:

* The bar in red indicates where Song Da's Days Payable falls into.


HSTC:SJG
72GF Score
Song Da Corp HSTC:SJG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Song Da 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.

Song Da'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
=( (1154916.716 + 1009970.398) / 2 ) / 5247614.547*365
=1082443.557 / 5247614.547*365
=75.29

Song Da'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
=( (1009970.398 + 943841.494) / 2 ) / 1003166.091*365 / 4
=976905.946 / 1003166.091*365 / 4
=88.86

* 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 88.86 mean?
Song Da (HSTC:SJG) has a Days Payable of 88.86 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 Song Da and its competitors. This is 31% below median its historical median of 129.57. Over the past decade, Song Da's Days Payable has ranged from 75.29 to 179.45. According to the industry distribution chart, Song Da ranks #174 out of 510 companies in the Conglomerates industry, placing it in the top 34.1%.
Is Song Da's Days Payable too high?
Song Da's current Days Payable of 88.86 is 31% below median its 10-year median of 129.57. Over the past 10 years, this metric has ranged from a low of 75.29 to a high of 179.45. The Conglomerates industry median Days Payable is 56.11. Song Da's value of 88.86 is 58.4% above this industry median. Based on the distribution chart, Song Da ranks #174 out of 510 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Song Da has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Song Da's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Song Da ranks #174 out of 510 companies for Days Payable. This puts Song Da in the upper half of its industry. The industry median Days Payable is 56.11. Song Da's value of 88.86 is 58.4% above this benchmark. Historically, Song Da's own Days Payable has ranged from 75.29 to 179.45 over the past decade. While the company's 10-year median is 129.57 vs. the industry median of 56.11, Song Da 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.11, based on 510 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. Song Da's current Days Payable of 88.86 is 58.4% 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 Song Da and its competitors. For the Conglomerates industry, the median Days Payable is 56.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Da's current Days Payable is 88.86, which is 31% below median its own 10-year median of 129.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Da stock overvalued right now?
Based on GuruFocus' analysis, Song Da (HSTC:SJG) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫20,274.99, compared to a current price of ₫24,000.00 — trading 18.4% above its estimated fair value. The current Days Payable is 88.86, which is 31% below median its 10-year median of 129.57 and 58.4% above the Conglomerates industry median of 56.11. Song Da's overall GF Score™ is 72/100 with 7 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 Song Da (HSTC:SJG), the current Days Payable is 88.86 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 Song Da (HSTC:SJG) Overvalued in 2026?

Based on GuruFocus' analysis, Song Da stock appears to be overvalued. The current stock price of ₫24,000.00 is trading 18.4% above its estimated GF Value™ of ₫20,274.99. GuruFocus considers Song Da to be Modestly Overvalued.

Key valuation signals for HSTC:SJG:

  • Days Payable: 88.86 (31% below median its 10-year median of 129.57)
  • GF Value™: ₫20,274.99 vs. price of ₫24,000.00 (18.4% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 58.4% above the Conglomerates median (#174 of 510)

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


Song Da Business Description

Address No. 493 Nguyen Trai street, G10 building, Thanh Xuan Nam ward, Thanh Nam district, Hanoi, VNM
Song Da Corp is engaged in business include: production and trading of electricity, construction, installation and trading of real estate. It also includes activities such as General contractor for construction (EPC general contractor) and construction and installation of traffic, industrial, civil, electricity, irrigation, complex underground works; Construction and foundation treatment of works; Construction of houses of all kinds; Trading in commercial electricity; Manufacturing and trading in equipment, Construction materials; Manufacture and install industrial equipment and machinery; Investment, development and business in urban areas, industrial parks and economic zones; Renting office. The company's segments include: Industrial production Construction installation and Others.
72GF Score

Get the complete analysis for HSTC:SJG

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

₫24,000.00
Price
₫20,274.99
GF Value