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The historical rank and industry rank for Spindex Industries's Days Payable or its related term are showing as below:
SGX:564'
s Days Payable Range Over the Past 10 Years
Min: 47.33 Med: 56.66 Max: 64.57
Current: 56.78
During the past 13 years, Spindex Industries's highest Days Payable was 64.57. The lowest was 47.33. And the median was 56.66.
SGX:564's Days Payable is not ranked
in the Industrial Products industry.
Industry Median: 77.97
vs SGX:564: 56.78
Spindex Industries's Days Payable
increased
from Jun. 2024 (52.19) to Jun. 2025 (58.65).
It may suggest that Spindex Industriesdelayed paying its suppliers.
Spindex Industries Days Payable Related Terms
Spindex Industries Days Payable Historical Data
* Premium members only.
The historical data trend for Spindex Industries'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.
SGX:564 vs SNA, RBC, LECO: Days Payable Comparison
For the Tools & Accessories subindustry, Spindex Industries'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.
Spindex Industries Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Spindex Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Spindex Industries's Days Payable falls into.
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.
Spindex Industries's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Spindex Industries (SGX:564) has a Days Payable of 58.65 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Spindex Industries and its competitors. This is near median its historical median of 56.66. Over the past decade, Spindex Industries' Days Payable has ranged from 47.33 to 64.57.
Is Spindex Industries' Days Payable too high?
Spindex Industries' current Days Payable of 58.65 is near median its 10-year median of 56.66. Over the past 10 years, this metric has ranged from a low of 47.33 to a high of 64.57. The Industrial Products industry median Days Payable is 77.97. Spindex Industries' value of 58.65 is 24.8% below this industry median. Overall, Spindex Industries has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Spindex Industries' Days Payable compare to SNA and RBC?
Spindex Industries' Days Payable of 58.65 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 77.97. Spindex Industries' value of 58.65 is 24.8% below this benchmark. Historically, Spindex Industries' own Days Payable has ranged from 47.33 to 64.57 over the past decade. While the company's 10-year median is 56.66 vs. the industry median of 77.97, Spindex Industries 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.97, based on 2,991 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. Spindex Industries's current Days Payable of 58.65 is 24.8% 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 Spindex Industries and its competitors. For the Industrial Products industry, the median Days Payable is 77.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spindex Industries's current Days Payable is 58.65, which is near median its own 10-year median of 56.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spindex Industries stock overvalued right now?
Spindex Industries (SGX:564) has a current Days Payable of 58.65. The stock's GF Value™ is S$0.88, compared to a current price of S$1.42 — trading 61.4% above its estimated fair value. The current Days Payable is 58.65, which is near median its 10-year median of 56.66 and 24.8% below the Industrial Products industry median of 77.97. Spindex Industries' overall GF Score™ is 68/100 with 9 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 Spindex Industries (SGX:564), the current Days Payable is 58.65 as of Jun. 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.
Is Spindex Industries (SGX:564) Overvalued in 2026?
Based on GuruFocus' analysis, Spindex Industries stock appears to be overvalued.
The current stock price of S$1.42 is trading 61.4% above its estimated GF Value™ of S$0.88.
Key valuation signals for SGX:564:
Days Payable: 58.65 (near median its 10-year median of 56.66)
GF Value™: S$0.88 vs. price of S$1.42 (61.4% above fair value)
Industry Position: 24.8% below the Industrial Products median
No single metric tells the full story. See the SGX:564 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spindex Industries Ltd is a manufacturer, importer, exporter, and dealer of mechanical, electrical, and electronic parts. The company's operating segment includes Imaging and printing; Machinery and automotive systems; and Consumer product and others. It generates maximum revenue from the Machinery and automotive systems segment. Geographically, it derives a majority of its revenue from the USA, Europe and others and also has a presence in Singapore; ASEAN, and China.
68GF Score
Get the complete analysis for SGX:564
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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