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.
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.
Progen HoldingsSGX:583 Days Payable is 59.04 as of Dec. 2025, which is 36% below its 10-year median of 91.73. The stock has 2 warning signs investors should review. Among 1,713 Construction companies, Progen Holdings ranks worse than 54.76% on this metric.
The historical rank and industry rank for Progen Holdings's Days Payable or its related term are showing as below:
SGX:583'
s Days Payable Range Over the Past 10 Years
Min: 51.41 Med: 91.73 Max: 258.84
Current: 68.7
During the past 13 years, Progen Holdings's highest Days Payable was 258.84. The lowest was 51.41. And the median was 91.73.
SGX:583's Days Payable is ranked worse than 54.76% of 1713
companies
in the Construction industry
Industry Median: 76.49
vs SGX:583: 68.70
Progen Holdings's Days Payable
increased
from Dec. 2024 (44.87) to Dec. 2025 (59.04).
It may suggest that Progen Holdingsdelayed paying its suppliers.
Progen Holdings Days Payable Related Terms
Progen Holdings Days Payable Historical Data
* Premium members only.
The historical data trend for Progen 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.
For the Building Products & Equipment subindustry, Progen 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.
Progen Holdings Days Payable vs Construction Industry
For the Construction industry and Industrials sector, Progen Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Progen Holdings'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.
Progen Holdings's Days Payable for the fiscal year that ended in Dec. 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.
Progen Holdings (SGX:583) has a Days Payable of 59.04 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 Progen Holdings and its competitors. This is 36% below median its historical median of 91.73. Over the past decade, Progen Holdings' Days Payable has ranged from 51.41 to 258.84. According to the industry distribution chart, Progen Holdings ranks #938 out of 1713 companies in the Construction industry, placing it in the top 54.8%.
Is Progen Holdings' Days Payable too high?
Progen Holdings' current Days Payable of 59.04 is 36% below median its 10-year median of 91.73. Over the past 10 years, this metric has ranged from a low of 51.41 to a high of 258.84. The Construction industry median Days Payable is 76.49. Progen Holdings' value of 59.04 is 22.8% below this industry median. Based on the distribution chart, Progen Holdings ranks #938 out of 1713 companies in the Construction industry, which is below the industry midpoint.
How does Progen Holdings' Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Progen Holdings ranks #938 out of 1713 companies for Days Payable. This places Progen Holdings in the lower half of its industry. The industry median Days Payable is 76.49. Progen Holdings' value of 59.04 is 22.8% below this benchmark. Historically, Progen Holdings' own Days Payable has ranged from 51.41 to 258.84 over the past decade. While the company's 10-year median is 91.73 vs. the industry median of 76.49, Progen Holdings 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 Construction company?
The median Days Payable among Construction companies is 76.49, based on 1,713 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. Progen Holdings's current Days Payable of 59.04 is 22.8% 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 Progen Holdings and its competitors. For the Construction industry, the median Days Payable is 76.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progen Holdings's current Days Payable is 59.04, which is 36% below median its own 10-year median of 91.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progen Holdings stock overvalued right now?
Based on GuruFocus' analysis, Progen Holdings (SGX:583) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.04, compared to a current price of S$0.03 — trading 37.5% below its estimated fair value. The current Days Payable is 59.04, which is 36% below median its 10-year median of 91.73 and 22.8% below the Construction industry median of 76.49. 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 Progen Holdings (SGX:583), the current Days Payable is 59.04 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.
Progen Holdings Ltd is a Singapore-based investment holding company. Along with its subsidiaries, it is principally engaged in the business of design, supply, installation, and maintenance of air conditioners, cooling, and mechanical ventilation systems. The group's reportable segments are Products and installation, Servicing and maintenance, Rental, Property development, and Others. Majority of its revenue is generated from the Products and installation segment, which relates to the contracting of engineering works, cooling towers, air-conditioning, and mechanical ventilation systems. Geographically, it operates substantially in Singapore.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGX:583 has been successfully added to your 
