Secura Group (SGX:43B) Days Payable: 12.37 (As of Dec. 2025) — 25% Below Median

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What is Secura Group Days Payable?

Secura Group SGX:43B Days Payable is 12.37 as of Dec. 2025, which is 25% below its 10-year median of 16.47. The stock has 5 warning signs investors should review. Among 944 Business Services companies, Secura Group ranks worse than 85.28% on this metric.

Secura Group's average Accounts Payable for the six months ended in Dec. 2025 was S$1.49 Mil. Secura Group's Cost of Goods Sold for the six months ended in Dec. 2025 was S$21.95 Mil. Hence, Secura Group's Days Payable for the six months ended in Dec. 2025 was 12.37.

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

SGX:43B' s Days Payable Range Over the Past 10 Years
Min: 8.71   Med: 16.47   Max: 30.35
Current: 10.67

During the past 11 years, Secura Group's highest Days Payable was 30.35. The lowest was 8.71. And the median was 16.47.

SGX:43B's Days Payable is ranked worse than
85.28% of 944 companies
in the Business Services industry
Industry Median: 44.355 vs SGX:43B: 10.67

Secura Group's Days Payable declined from Dec. 2024 (12.54) to Dec. 2025 (12.37). It may suggest that Secura Group accelerated paying its suppliers.


Secura Group Days Payable Historical Data

* Premium members only.

The historical data trend for Secura Group'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.

Secura Group Days Payable Chart

Secura Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.71 16.17 14.29 8.71 10.18

Secura Group 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 14.72 13.81 12.54 9.44 12.37

SGX:43B vs ALLE, MSA, ADT: Days Payable Comparison

For the Security & Protection Services subindustry, Secura Group'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.


Secura Group Days Payable vs Business Services Industry

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

* The bar in red indicates where Secura Group's Days Payable falls into.



Secura Group 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.

Secura Group'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
=( (0.876 + 1.576) / 2 ) / 43.955*365
=1.226 / 43.955*365
=10.18

Secura Group'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
=( (1.401 + 1.576) / 2 ) / 21.953*365 / 2
=1.4885 / 21.953*365 / 2
=12.37

* 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 12.37 mean?
Secura Group (SGX:43B) has a Days Payable of 12.37 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 Secura Group and its competitors. This is 25% below median its historical median of 16.47. Over the past decade, Secura Group's Days Payable has ranged from 8.71 to 30.35. According to the industry distribution chart, Secura Group ranks #805 out of 944 companies in the Business Services industry, placing it in the top 85.3%.
Is Secura Group's Days Payable too high?
Secura Group's current Days Payable of 12.37 is 25% below median its 10-year median of 16.47. Over the past 10 years, this metric has ranged from a low of 8.71 to a high of 30.35. The Business Services industry median Days Payable is 44.36. Secura Group's value of 12.37 is 72.1% below this industry median. Based on the distribution chart, Secura Group ranks #805 out of 944 companies in the Business Services industry, which is in the bottom quartile relative to peers.
How does Secura Group's Days Payable compare to ALLE and MSA?
According to the Business Services industry distribution chart, Secura Group ranks #805 out of 944 companies for Days Payable. This places Secura Group in the lower half of its industry. The industry median Days Payable is 44.36. Secura Group's value of 12.37 is 72.1% below this benchmark. Historically, Secura Group's own Days Payable has ranged from 8.71 to 30.35 over the past decade. While the company's 10-year median is 16.47 vs. the industry median of 44.36, Secura Group 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 Business Services company?
The median Days Payable among Business Services companies is 44.36, based on 944 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. Secura Group's current Days Payable of 12.37 is 72.1% 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 Secura Group and its competitors. For the Business Services industry, the median Days Payable is 44.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Secura Group's current Days Payable is 12.37, which is 25% below median its own 10-year median of 16.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secura Group stock overvalued right now?
Based on GuruFocus' analysis, Secura Group (SGX:43B) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.06, compared to a current price of S$0.07 — trading 20% above its estimated fair value. The current Days Payable is 12.37, which is 25% below median its 10-year median of 16.47 and 72.1% below the Business Services industry median of 44.36. 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 Secura Group (SGX:43B), the current Days Payable is 12.37 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.

Secura Group Business Description

Address 38 Alexandra Terrace, Singapore, SGP, 119932
Secura Group Ltd is an investment holding company. The company is engaged in providing integrated suite of security products, services, and solutions. The company operates in Five segments: Corporate; Security Printing; Security Guarding; Cyber Security; Security Technology and Consultancy. Majority of its revenue comes from the Security Guarding segment. The security guarding segment provides 24/7 on-site security services, including access control, patrols, and incident management.