Polaris (SGX:5BI) Days Payable: 8.26 (As of Dec. 2025) — Near Median

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What is Polaris Days Payable?

Polaris SGX:5BI Days Payable is 8.26 as of Dec. 2025, which is 8% below its 10-year median of 8.96. The stock has 3 warning signs investors should review. Among 1,106 Retail - Cyclical companies, Polaris ranks worse than 93.22% on this metric.

Polaris's average Accounts Payable for the six months ended in Dec. 2025 was S$0.56 Mil. Polaris's Cost of Goods Sold for the six months ended in Dec. 2025 was S$12.27 Mil. Hence, Polaris's Days Payable for the six months ended in Dec. 2025 was 8.26.

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

SGX:5BI' s Days Payable Range Over the Past 10 Years
Min: 3.19   Med: 8.96   Max: 47.13
Current: 7.22

During the past 13 years, Polaris's highest Days Payable was 47.13. The lowest was 3.19. And the median was 8.96.

SGX:5BI's Days Payable is ranked worse than
93.22% of 1106 companies
in the Retail - Cyclical industry
Industry Median: 51.35 vs SGX:5BI: 7.22

Polaris's Days Payable declined from Dec. 2024 (10.87) to Dec. 2025 (8.26). It may suggest that Polaris accelerated paying its suppliers.


Polaris Days Payable Historical Data

* Premium members only.

The historical data trend for Polaris'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.

Polaris Days Payable Chart

Polaris 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 8.94 8.97 4.83 3.27 3.19

Polaris 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 8.29 11.18 10.87 10.47 8.26

SGX:5BI vs CASY, WSM, ULTA: Days Payable Comparison

For the Specialty Retail subindustry, Polaris'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.


Polaris Days Payable vs Retail - Cyclical Industry

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

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



Polaris 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.

Polaris'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
=( (0.195 + 0.19) / 2 ) / 21.998*365
=0.1925 / 21.998*365
=3.19

Polaris'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
=( (0.921 + 0.19) / 2 ) / 12.274*365 / 2
=0.5555 / 12.274*365 / 2
=8.26

* 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 8.26 mean?
Polaris (SGX:5BI) has a Days Payable of 8.26 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 Polaris and its competitors. This is near median its historical median of 8.96. Over the past decade, Polaris' Days Payable has ranged from 3.19 to 47.13. According to the industry distribution chart, Polaris ranks #1031 out of 1106 companies in the Retail - Cyclical industry, placing it in the top 93.2%.
Is Polaris' Days Payable too high?
Polaris' current Days Payable of 8.26 is near median its 10-year median of 8.96. Over the past 10 years, this metric has ranged from a low of 3.19 to a high of 47.13. The Retail - Cyclical industry median Days Payable is 51.35. Polaris' value of 8.26 is 83.9% below this industry median. Based on the distribution chart, Polaris ranks #1031 out of 1106 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers.
How does Polaris' Days Payable compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Polaris ranks #1031 out of 1106 companies for Days Payable. This places Polaris in the lower half of its industry. The industry median Days Payable is 51.35. Polaris' value of 8.26 is 83.9% below this benchmark. Historically, Polaris' own Days Payable has ranged from 3.19 to 47.13 over the past decade. While the company's 10-year median is 8.96 vs. the industry median of 51.35, Polaris 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 - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.35, based on 1,106 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. Polaris's current Days Payable of 8.26 is 83.9% 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 Polaris and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polaris's current Days Payable is 8.26, which is near median its own 10-year median of 8.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polaris stock overvalued right now?
Polaris (SGX:5BI) has a current Days Payable of 8.26. The current Days Payable is 8.26, which is near median its 10-year median of 8.96 and 83.9% below the Retail - Cyclical industry median of 51.35. 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 Polaris (SGX:5BI), the current Days Payable is 8.26 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.

Polaris Business Description

Address 81 Ubi Avenue 4, Number 03-11 UB. One, Singapore, SGP, 408830
Polaris Ltd is principal activity of the Company is that of investment holding. The segments of the company include the pre-loved luxury goods segment engages in the business of importing and exporting pre-loved luxury goods and premium lifestyle products; Consumer electronics segment engages in the corporate sale of telecommunication, IT, educational robotics and consumer electronics products; Customer services segment provides after-market services to end consumers for equipment repairs, refurbishments and technical services; green protein business engages in the cultivation and sales of black soldier fly; and Corporate segment provides Group-level corporate services, treasury functions and investment in marketable securities. It generates majority of revenue from Indonesia.