Vietnam Engine & Agricultural Machinery (HSTC:VEA) Days Payable: 26.12 (As of Mar. 2026) — 23% Below Median


HSTC:VEA Vietnam Engine & Agricultural Machinery Corp HSTC:VEA
78 GF Score
Price ₫35,200.00
GF Value ₫41,919.05
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Vietnam Engine & Agricultural Machinery Days Payable?

Vietnam Engine & Agricultural Machinery HSTC:VEA 78 Days Payable is 26.12 as of Mar. 2026, which is 23% below its 10-year median of 33.81. GuruFocus rates HSTC:VEA with a GF Score™ of 78/100 and a GF Value™ of ₫41,919.05 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Vietnam Engine & Agricultural Machinery ranks worse than 93.3% on this metric.

Vietnam Engine & Agricultural Machinery's average Accounts Payable for the three months ended in Mar. 2026 was ₫312,090 Mil. Vietnam Engine & Agricultural Machinery's Cost of Goods Sold for the three months ended in Mar. 2026 was ₫1,090,218 Mil. Hence, Vietnam Engine & Agricultural Machinery's Days Payable for the three months ended in Mar. 2026 was 26.12.

The historical rank and industry rank for Vietnam Engine & Agricultural Machinery's Days Payable or its related term are showing as below:

HSTC:VEA' s Days Payable Range Over the Past 10 Years
Min: 26.86   Med: 33.81   Max: 39.14
Current: 26.86

During the past 7 years, Vietnam Engine & Agricultural Machinery's highest Days Payable was 39.14. The lowest was 26.86. And the median was 33.81.

HSTC:VEA's Days Payable is ranked worse than
93.3% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 70.7 vs HSTC:VEA: 26.86

Vietnam Engine & Agricultural Machinery's Days Payable declined from Mar. 2025 (32.22) to Mar. 2026 (26.12). It may suggest that Vietnam Engine & Agricultural Machinery accelerated paying its suppliers.


Vietnam Engine & Agricultural Machinery Days Payable Related Terms


Vietnam Engine & Agricultural Machinery Days Payable Historical Data

* Premium members only.

The historical data trend for Vietnam Engine & Agricultural Machinery'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.

Vietnam Engine & Agricultural Machinery Days Payable Chart

Vietnam Engine & Agricultural Machinery Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 32.22 31.95 39.14 35.41 30.84

Vietnam Engine & Agricultural Machinery 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 32.22 29.47 27.63 23.52 26.12

HSTC:VEA vs CAT, DE, PCAR: Days Payable Comparison

For the Farm & Heavy Construction Machinery subindustry, Vietnam Engine & Agricultural Machinery'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.


Vietnam Engine & Agricultural Machinery Days Payable vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Vietnam Engine & Agricultural Machinery's Days Payable distribution charts can be found below:

* The bar in red indicates where Vietnam Engine & Agricultural Machinery's Days Payable falls into.


HSTC:VEA
78GF Score
Vietnam Engine & Agricultural Machinery Corp HSTC:VEA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Vietnam Engine & Agricultural Machinery 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.

Vietnam Engine & Agricultural Machinery'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
=( (340373.145 + 298825.001) / 2 ) / 3782125.482*365
=319599.073 / 3782125.482*365
=30.84

Vietnam Engine & Agricultural Machinery'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
=( (298825.001 + 325355.861) / 2 ) / 1090217.755*365 / 4
=312090.431 / 1090217.755*365 / 4
=26.12

* 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 26.12 mean?
Vietnam Engine & Agricultural Machinery (HSTC:VEA) has a Days Payable of 26.12 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 Vietnam Engine & Agricultural Machinery and its competitors. This is 23% below median its historical median of 33.81. Over the past decade, Vietnam Engine & Agricultural Machinery's Days Payable has ranged from 26.86 to 39.14. According to the industry distribution chart, Vietnam Engine & Agricultural Machinery ranks #195 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 93.3%.
Is Vietnam Engine & Agricultural Machinery's Days Payable too high?
Vietnam Engine & Agricultural Machinery's current Days Payable of 26.12 is 23% below median its 10-year median of 33.81. Over the past 10 years, this metric has ranged from a low of 26.86 to a high of 39.14. The Farm & Heavy Construction Machinery industry median Days Payable is 70.70. Vietnam Engine & Agricultural Machinery's value of 26.12 is 63.1% below this industry median. Based on the distribution chart, Vietnam Engine & Agricultural Machinery ranks #195 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Vietnam Engine & Agricultural Machinery has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam Engine & Agricultural Machinery's Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Vietnam Engine & Agricultural Machinery ranks #195 out of 209 companies for Days Payable. This places Vietnam Engine & Agricultural Machinery in the lower half of its industry. The industry median Days Payable is 70.70. Vietnam Engine & Agricultural Machinery's value of 26.12 is 63.1% below this benchmark. Historically, Vietnam Engine & Agricultural Machinery's own Days Payable has ranged from 26.86 to 39.14 over the past decade. While the company's 10-year median is 33.81 vs. the industry median of 70.70, Vietnam Engine & Agricultural Machinery 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 Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 70.70, based on 209 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. Vietnam Engine & Agricultural Machinery's current Days Payable of 26.12 is 63.1% 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 Vietnam Engine & Agricultural Machinery and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 70.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietnam Engine & Agricultural Machinery's current Days Payable is 26.12, which is 23% below median its own 10-year median of 33.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Engine & Agricultural Machinery stock overvalued right now?
Based on GuruFocus' analysis, Vietnam Engine & Agricultural Machinery (HSTC:VEA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫41,919.05, compared to a current price of ₫35,200.00 — trading 16% below its estimated fair value. The current Days Payable is 26.12, which is 23% below median its 10-year median of 33.81 and 63.1% below the Farm & Heavy Construction Machinery industry median of 70.70. Vietnam Engine & Agricultural Machinery's overall GF Score™ is 78/100 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 Vietnam Engine & Agricultural Machinery (HSTC:VEA), the current Days Payable is 26.12 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 Vietnam Engine & Agricultural Machinery (HSTC:VEA) Overvalued in 2026?

Based on GuruFocus' analysis, Vietnam Engine & Agricultural Machinery stock appears to be undervalued. The current stock price of ₫35,200.00 is trading 16% below its estimated GF Value™ of ₫41,919.05. GuruFocus considers Vietnam Engine & Agricultural Machinery to be Modestly Undervalued.

Key valuation signals for HSTC:VEA:

  • Days Payable: 26.12 (23% below median its 10-year median of 33.81)
  • GF Value™: ₫41,919.05 vs. price of ₫35,200.00 (16% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 63.1% below the Farm & Heavy Construction Machinery median (#195 of 209)

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


Vietnam Engine & Agricultural Machinery Business Description

Address Lane 689 Lac Long Quan, Lot D, Area D1, VEAM Building, Tay Ho Ward, Hanoi, VNM
Vietnam Engine & Agricultural Machinery Corp is engaged in manufacturing and trading machinery and spare parts for agricultural, forestry, and fishery production and transportation. Its products include VEAM cars, tractors, engines, agricultural machinery, and accessories.
78GF Score

Get the complete analysis for HSTC:VEA

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

₫35,200.00
Price
₫41,919.05
GF Value