MSM International (SGX:51O) Days Payable: 55.32 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:51O MSM International Ltd SGX:51O
40 GF Score
Price S$0.20
GF Value S$0.19
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is MSM International Days Payable?

MSM International SGX:51O 40 Days Payable is 55.32 as of Mar. 2026, which is 3% below its 10-year median of 56.79. GuruFocus rates SGX:51O with a GF Score™ of 40/100 and a GF Value™ of S$0.19 (Fairly Valued). The stock has 4 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, MSM International ranks worse than 57.93% on this metric.

MSM International's average Accounts Payable for the six months ended in Mar. 2026 was S$4.59 Mil. MSM International's Cost of Goods Sold for the six months ended in Mar. 2026 was S$15.15 Mil. Hence, MSM International's Days Payable for the six months ended in Mar. 2026 was 55.32.

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

SGX:51O' s Days Payable Range Over the Past 10 Years
Min: 40.25   Med: 56.79   Max: 92.99
Current: 55.89

During the past 13 years, MSM International's highest Days Payable was 92.99. The lowest was 40.25. And the median was 56.79.

SGX:51O's Days Payable is ranked worse than
57.93% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.03 vs SGX:51O: 55.89

MSM International's Days Payable declined from Mar. 2025 (72.41) to Mar. 2026 (55.32). It may suggest that MSM International accelerated paying its suppliers.


MSM International Days Payable Historical Data

* Premium members only.

The historical data trend for MSM International'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.

MSM International Days Payable Chart

MSM International Annual Data
Trend Dec15 Dec16 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.47 71.10 55.49 57.63 54.03

MSM International Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 44.40 73.20 72.41 57.11 55.32

SGX:51O vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, MSM International'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.


MSM International Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, MSM International's Days Payable distribution charts can be found below:

* The bar in red indicates where MSM International's Days Payable falls into.


SGX:51O
40GF Score
MSM International Ltd SGX:51O
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MSM International 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.

MSM International's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (3.136 + 5.017) / 2 ) / 27.537*365
=4.0765 / 27.537*365
=54.03

MSM International'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (4.167 + 5.017) / 2 ) / 15.15*365 / 2
=4.592 / 15.15*365 / 2
=55.32

* 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 55.32 mean?
MSM International (SGX:51O) has a Days Payable of 55.32 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 MSM International and its competitors. This is near median its historical median of 56.79. Over the past decade, MSM International's Days Payable has ranged from 40.25 to 92.99. According to the industry distribution chart, MSM International ranks #241 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 57.9%.
Is MSM International's Days Payable too high?
MSM International's current Days Payable of 55.32 is near median its 10-year median of 56.79. Over the past 10 years, this metric has ranged from a low of 40.25 to a high of 92.99. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.03. MSM International's value of 55.32 is 12.2% below this industry median. Based on the distribution chart, MSM International ranks #241 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, MSM International has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MSM International's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, MSM International ranks #241 out of 416 companies for Days Payable. This places MSM International in the lower half of its industry. The industry median Days Payable is 63.03. MSM International's value of 55.32 is 12.2% below this benchmark. Historically, MSM International's own Days Payable has ranged from 40.25 to 92.99 over the past decade. While the company's 10-year median is 56.79 vs. the industry median of 63.03, MSM International 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.03, based on 416 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. MSM International's current Days Payable of 55.32 is 12.2% 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 MSM International and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MSM International's current Days Payable is 55.32, which is near median its own 10-year median of 56.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSM International stock overvalued right now?
Based on GuruFocus' analysis, MSM International (SGX:51O) is currently considered Fairly Valued. The stock's GF Value™ is S$0.19, compared to a current price of S$0.20 — trading 5.3% above its estimated fair value. The current Days Payable is 55.32, which is near median its 10-year median of 56.79 and 12.2% below the Furnishings, Fixtures & Appliances industry median of 63.03. MSM International's overall GF Score™ is 40/100 with 4 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 MSM International (SGX:51O), the current Days Payable is 55.32 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 MSM International (SGX:51O) Overvalued in 2026?

Based on GuruFocus' analysis, MSM International stock appears to be overvalued. The current stock price of S$0.20 is trading 5.3% above its estimated GF Value™ of S$0.19. GuruFocus considers MSM International to be Fairly Valued.

Key valuation signals for SGX:51O:

  • Days Payable: 55.32 (near median its 10-year median of 56.79)
  • GF Value™: S$0.19 vs. price of S$0.20 (5.3% above fair value)
  • GF Score™: 40/100 with 4 warning signs
  • Industry Position: 12.2% below the Furnishings, Fixtures & Appliances median (#241 of 416)

No single metric tells the full story. See the SGX:51O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MSM International Business Description

Address Jalan KPB 5, Lot 1909, Kawasan Perindustrian Kampung Baru Balakong, Seri Kembangan, SGR, MYS, 43300
MSM International Ltd is an integrated metal engineering company. The company offers a comprehensive suite of services spanning design, product development, prototyping, tool and die fabrication, production, and assembly. Its business activities are segmented into three segments: OEM contract manufacturing, Kitchen appliances, equipment, and related services, and cleanrooms and laboratories. Maximum revenue for the company is generated from its OEM contract manufacturing segment. Geographically, it operates in markets like Malaysia, which is its key revenue-generating market, Singapore, Indonesia, and other countries.
40GF Score

Get the complete analysis for SGX:51O

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

S$0.20
Price
S$0.19
GF Value