Oceanus Group (SGX:579) Days Payable: 9.24 (As of Dec. 2025) — 80% Below Median

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What is Oceanus Group Days Payable?

Oceanus Group SGX:579 Days Payable is 9.24 as of Dec. 2025, which is 80% below its 10-year median of 46.45. The stock has 7 warning signs investors should review. Among 305 Retail - Defensive companies, Oceanus Group ranks worse than 94.43% on this metric.

Oceanus Group's average Accounts Payable for the six months ended in Dec. 2025 was S$7.6 Mil. Oceanus Group's Cost of Goods Sold for the six months ended in Dec. 2025 was S$149.2 Mil. Hence, Oceanus Group's Days Payable for the six months ended in Dec. 2025 was 9.24.

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

SGX:579' s Days Payable Range Over the Past 10 Years
Min: 8.48   Med: 46.45   Max: 1295.76
Current: 11.44

During the past 13 years, Oceanus Group's highest Days Payable was 1295.76. The lowest was 8.48. And the median was 46.45.

SGX:579's Days Payable is ranked worse than
94.43% of 305 companies
in the Retail - Defensive industry
Industry Median: 43.57 vs SGX:579: 11.44

Oceanus Group's Days Payable declined from Dec. 2024 (10.62) to Dec. 2025 (9.24). It may suggest that Oceanus Group accelerated paying its suppliers.


Oceanus Group Days Payable Historical Data

* Premium members only.

The historical data trend for Oceanus 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.

Oceanus Group Days Payable Chart

Oceanus 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 34.65 15.00 8.48 11.32 11.53

Oceanus 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 6.66 11.99 10.62 14.28 9.24

SGX:579 vs SYY, USFD, PFGC: Days Payable Comparison

For the Food Distribution subindustry, Oceanus 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.


Oceanus Group Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Oceanus Group's Days Payable distribution charts can be found below:

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



Oceanus 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.

Oceanus 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
=( (9.459 + 7.035) / 2 ) / 261.182*365
=8.247 / 261.182*365
=11.53

Oceanus 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
=( (8.067 + 7.035) / 2 ) / 149.212*365 / 2
=7.551 / 149.212*365 / 2
=9.24

* 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 9.24 mean?
Oceanus Group (SGX:579) has a Days Payable of 9.24 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 Oceanus Group and its competitors. This is 80% below median its historical median of 46.45. Over the past decade, Oceanus Group's Days Payable has ranged from 8.48 to 1,295.76. According to the industry distribution chart, Oceanus Group ranks #288 out of 305 companies in the Retail - Defensive industry, placing it in the top 94.4%.
Is Oceanus Group's Days Payable too high?
Oceanus Group's current Days Payable of 9.24 is 80% below median its 10-year median of 46.45. Over the past 10 years, this metric has ranged from a low of 8.48 to a high of 1,295.76. The Retail - Defensive industry median Days Payable is 43.57. Oceanus Group's value of 9.24 is 78.8% below this industry median. Based on the distribution chart, Oceanus Group ranks #288 out of 305 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers.
How does Oceanus Group's Days Payable compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Oceanus Group ranks #288 out of 305 companies for Days Payable. This places Oceanus Group in the lower half of its industry. The industry median Days Payable is 43.57. Oceanus Group's value of 9.24 is 78.8% below this benchmark. Historically, Oceanus Group's own Days Payable has ranged from 8.48 to 1,295.76 over the past decade. While the company's 10-year median is 46.45 vs. the industry median of 43.57, Oceanus 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 Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.57, based on 305 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. Oceanus Group's current Days Payable of 9.24 is 78.8% 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 Oceanus Group and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oceanus Group's current Days Payable is 9.24, which is 80% below median its own 10-year median of 46.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oceanus Group stock overvalued right now?
Based on GuruFocus' analysis, Oceanus Group (SGX:579) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.01, compared to a current price of S$0.00 — trading 70% below its estimated fair value. The current Days Payable is 9.24, which is 80% below median its 10-year median of 46.45 and 78.8% below the Retail - Defensive industry median of 43.57. 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 Oceanus Group (SGX:579), the current Days Payable is 9.24 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.

Oceanus Group Business Description

Address 25 Ubi Road 4, No. 03-05, UBIX, Singapore, SGP, 408621
Oceanus Group Ltd is an investment holding company. The company, along with its subsidiaries, is engaged in the operation of hatcheries and fish farms, processing, curing, and preserving fish and other seafood. Its operating segments are: Trading, Warehousing and transportation, and others. The Trading segment includes sales of processed marine products, sugar, beverages, and other commodities. The Warehousing and transportation segment includes warehousing and transportation services to customers. Its geographical segments include the People's Republic of China, Singapore, Hong Kong, Australia, Macau, and Thailand, of which Hong Kong contributes the majority of the revenue.