Megachem (SGX:5DS) Days Payable: 23.87 (As of Dec. 2025) — 14% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SGX:5DS Megachem Ltd SGX:5DS
44 GF Score
Price S$0.49
GF Value S$0.42
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Megachem Days Payable?

Megachem SGX:5DS 44 Days Payable is 23.87 as of Dec. 2025, which is 14% below its 10-year median of 27.61. GuruFocus rates SGX:5DS with a GF Score™ of 44/100 and a GF Value™ of S$0.42 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,554 Chemicals companies, Megachem ranks worse than 86.49% on this metric.

Megachem's average Accounts Payable for the six months ended in Dec. 2025 was S$5.8 Mil. Megachem's Cost of Goods Sold for the six months ended in Dec. 2025 was S$44.6 Mil. Hence, Megachem's Days Payable for the six months ended in Dec. 2025 was 23.87.

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

SGX:5DS' s Days Payable Range Over the Past 10 Years
Min: 23.62   Med: 27.61   Max: 49.98
Current: 23.62

During the past 13 years, Megachem's highest Days Payable was 49.98. The lowest was 23.62. And the median was 27.61.

SGX:5DS's Days Payable is ranked worse than
86.49% of 1554 companies
in the Chemicals industry
Industry Median: 59.875 vs SGX:5DS: 23.62

Megachem's Days Payable declined from Dec. 2024 (25.30) to Dec. 2025 (23.87). It may suggest that Megachem accelerated paying its suppliers.


Megachem Days Payable Historical Data

* Premium members only.

The historical data trend for Megachem'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.

Megachem Days Payable Chart

Megachem 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 26.42 25.33 25.27 25.03 24.24

Megachem 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 21.13 25.81 25.30 22.80 23.87

SGX:5DS vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Megachem'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.


Megachem Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Megachem's Days Payable distribution charts can be found below:

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


SGX:5DS
44GF Score
Megachem Ltd SGX:5DS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Megachem 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.

Megachem'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
=( (6.315 + 5.984) / 2 ) / 92.61*365
=6.1495 / 92.61*365
=24.24

Megachem'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
=( (5.682 + 5.984) / 2 ) / 44.604*365 / 2
=5.833 / 44.604*365 / 2
=23.87

* 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 23.87 mean?
Megachem (SGX:5DS) has a Days Payable of 23.87 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 Megachem and its competitors. This is 14% below median its historical median of 27.61. Over the past decade, Megachem's Days Payable has ranged from 23.62 to 49.98. According to the industry distribution chart, Megachem ranks #1344 out of 1554 companies in the Chemicals industry, placing it in the top 86.5%.
Is Megachem's Days Payable too high?
Megachem's current Days Payable of 23.87 is 14% below median its 10-year median of 27.61. Over the past 10 years, this metric has ranged from a low of 23.62 to a high of 49.98. The Chemicals industry median Days Payable is 59.88. Megachem's value of 23.87 is 60.1% below this industry median. Based on the distribution chart, Megachem ranks #1344 out of 1554 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Megachem has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Megachem's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Megachem ranks #1344 out of 1554 companies for Days Payable. This places Megachem in the lower half of its industry. The industry median Days Payable is 59.88. Megachem's value of 23.87 is 60.1% below this benchmark. Historically, Megachem's own Days Payable has ranged from 23.62 to 49.98 over the past decade. While the company's 10-year median is 27.61 vs. the industry median of 59.88, Megachem 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.88, based on 1,554 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. Megachem's current Days Payable of 23.87 is 60.1% 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 Megachem and its competitors. For the Chemicals industry, the median Days Payable is 59.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Megachem's current Days Payable is 23.87, which is 14% below median its own 10-year median of 27.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megachem stock overvalued right now?
Based on GuruFocus' analysis, Megachem (SGX:5DS) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.42, compared to a current price of S$0.49 — trading 16.7% above its estimated fair value. The current Days Payable is 23.87, which is 14% below median its 10-year median of 27.61 and 60.1% below the Chemicals industry median of 59.88. Megachem's overall GF Score™ is 44/100 with 7 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 Megachem (SGX:5DS), the current Days Payable is 23.87 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 Megachem (SGX:5DS) Overvalued in 2026?

Based on GuruFocus' analysis, Megachem stock appears to be overvalued. The current stock price of S$0.49 is trading 16.7% above its estimated GF Value™ of S$0.42. GuruFocus considers Megachem to be Modestly Overvalued.

Key valuation signals for SGX:5DS:

  • Days Payable: 23.87 (14% below median its 10-year median of 27.61)
  • GF Value™: S$0.42 vs. price of S$0.49 (16.7% above fair value)
  • GF Score™: 44/100 with 7 warning signs
  • Industry Position: 60.1% below the Chemicals median (#1344 of 1554)

No single metric tells the full story. See the SGX:5DS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Megachem Business Description

Address 11 Tuas Link 1, Singapore, SGP, 638588
Megachem Ltd is a specialty chemical solutions provider, offering integrated value-added services including contract manufacturing tailored to customers' needs, as well as distribution of specialty chemicals. The company offers various specialty chemicals comprising adhesives, resins, polymers, cooling brine, anti-foam, surfactant, biocide, heat transfer fluid, plasticizer, silicone fluid, etc. Its customers belong to various industries, including textile, construction, biotech, oil and gas, pulp and paper, electronics, industrial cleaning, and others. The majority of the company's revenue is derived from its chemical distribution business. Megachem's operating segments are: Singapore, which generates the maximum revenue, Malaysia. the United Kingdom, China, Middle East, and Others.
44GF Score

Get the complete analysis for SGX:5DS

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

S$0.49
Price
S$0.42
GF Value