SHS Holdings (SGX:566) Days Payable: 79.95 (As of Dec. 2025) — 25% Above Median

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SGX:566 SHS Holdings Ltd SGX:566
27 GF Score
Price S$0.12
GF Value S$0.44
Valuation Possible Value Trap
! 4 Warning Signs
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What is SHS Holdings Days Payable?

SHS Holdings SGX:566 -3.23% 27 Days Payable is 79.95 as of Dec. 2025, which is 25% above its 10-year median of 64.09. GuruFocus rates SGX:566 with a GF Score™ of 27/100 and a GF Value™ of S$0.44 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,993 Industrial Products companies, SHS Holdings ranks better than 58.64% on this metric.

SHS Holdings's average Accounts Payable for the six months ended in Dec. 2025 was S$92.0 Mil. SHS Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was S$210.1 Mil. Hence, SHS Holdings's Days Payable for the six months ended in Dec. 2025 was 79.95.

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

SGX:566' s Days Payable Range Over the Past 10 Years
Min: 29.23   Med: 64.09   Max: 96.58
Current: 95.12

During the past 13 years, SHS Holdings's highest Days Payable was 96.58. The lowest was 29.23. And the median was 64.09.

SGX:566's Days Payable is ranked better than
58.64% of 2993 companies
in the Industrial Products industry
Industry Median: 77.82 vs SGX:566: 95.12

SHS Holdings's Days Payable increased from Dec. 2024 (49.45) to Dec. 2025 (79.95). It may suggest that SHS Holdings delayed paying its suppliers.


SHS Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for SHS Holdings'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.

SHS Holdings Days Payable Chart

SHS Holdings 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 46.13 32.78 29.23 50.93 96.15

SHS Holdings 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 37.28 48.88 49.45 166.26 79.95

SGX:566 vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, SHS Holdings'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.


SHS Holdings Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, SHS Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where SHS Holdings's Days Payable falls into.


SGX:566
27GF Score
SHS Holdings Ltd SGX:566
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SHS Holdings 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.

SHS Holdings'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
=( (13.767 + 119.539) / 2 ) / 253.017*365
=66.653 / 253.017*365
=96.15

SHS Holdings'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
=( (64.511 + 119.539) / 2 ) / 210.054*365 / 2
=92.025 / 210.054*365 / 2
=79.95

* 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 79.95 mean?
SHS Holdings (SGX:566) has a Days Payable of 79.95 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 SHS Holdings and its competitors. This is 25% above median its historical median of 64.09. Over the past decade, SHS Holdings' Days Payable has ranged from 29.23 to 96.58. According to the industry distribution chart, SHS Holdings ranks #1238 out of 2993 companies in the Industrial Products industry, placing it in the top 41.4%.
Is SHS Holdings' Days Payable too high?
SHS Holdings' current Days Payable of 79.95 is 25% above median its 10-year median of 64.09. Over the past 10 years, this metric has ranged from a low of 29.23 to a high of 96.58. The Industrial Products industry median Days Payable is 77.82. SHS Holdings' value of 79.95 is 2.7% above this industry median. Based on the distribution chart, SHS Holdings ranks #1238 out of 2993 companies in the Industrial Products industry, which is above the industry midpoint. Overall, SHS Holdings has a GF Score™ of 27/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SHS Holdings' Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, SHS Holdings ranks #1238 out of 2993 companies for Days Payable. This puts SHS Holdings in the upper half of its industry. The industry median Days Payable is 77.82. SHS Holdings' value of 79.95 is 2.7% above this benchmark. Historically, SHS Holdings' own Days Payable has ranged from 29.23 to 96.58 over the past decade. While the company's 10-year median is 64.09 vs. the industry median of 77.82, SHS Holdings 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.82, based on 2,993 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. SHS Holdings's current Days Payable of 79.95 is 2.7% 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 SHS Holdings and its competitors. For the Industrial Products industry, the median Days Payable is 77.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SHS Holdings's current Days Payable is 79.95, which is 25% above median its own 10-year median of 64.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SHS Holdings stock overvalued right now?
Based on GuruFocus' analysis, SHS Holdings (SGX:566) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.44, compared to a current price of S$0.12 — trading 72.7% below its estimated fair value. The current Days Payable is 79.95, which is 25% above median its 10-year median of 64.09 and 2.7% above the Industrial Products industry median of 77.82. SHS Holdings' overall GF Score™ is 27/100 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 SHS Holdings (SGX:566), the current Days Payable is 79.95 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.

Is SHS Holdings (SGX:566) Overvalued in 2026?

Based on GuruFocus' analysis, SHS Holdings stock appears to be undervalued. The current stock price of S$0.12 is trading 72.7% below its estimated GF Value™ of S$0.44. GuruFocus considers SHS Holdings to be Possible Value Trap.

Key valuation signals for SGX:566:

  • Days Payable: 79.95 (25% above median its 10-year median of 64.09)
  • GF Value™: S$0.44 vs. price of S$0.12 (72.7% below fair value)
  • GF Score™: 27/100 with 4 warning signs
  • Industry Position: 2.7% above the Industrial Products median (#1238 of 2993)

No single metric tells the full story. See the SGX:566 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SHS Holdings Business Description

Address 19 Tuas Avenue 20, Singapore, SGP, 638830
SHS Holdings Ltd is engaged in the design, engineering, and construction of steel, aluminium and glass structures. It is also engaged in corrosion prevention, structural steel and facade and solar energy operations. The company's segments include Corrosion prevention; Solar Energy; Engineering and Construction and Others. The Engineering & Construction segment, deriving the majority of the revenue, is engaged in the business of designing, engineering, and constructing steel, aluminium, and glass structures, and the design, construction, and manufacturing services in modular construction projects.
27GF Score

Get the complete analysis for SGX:566

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

S$0.12
Price
S$0.44
GF Value