Kim Heng (SGX:5G2) Days Payable: 59.14 (As of Dec. 2025) — 10% Below Median

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What is Kim Heng Days Payable?

Kim Heng SGX:5G2 -2.44% Days Payable is 59.14 as of Dec. 2025, which is 10% below its 10-year median of 65.89. The stock has 5 warning signs investors should review. Among 851 Oil & Gas companies, Kim Heng ranks worse than 54.05% on this metric.

Kim Heng's average Accounts Payable for the six months ended in Dec. 2025 was S$15.1 Mil. Kim Heng's Cost of Goods Sold for the six months ended in Dec. 2025 was S$46.5 Mil. Hence, Kim Heng's Days Payable for the six months ended in Dec. 2025 was 59.14.

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

SGX:5G2' s Days Payable Range Over the Past 10 Years
Min: 50.1   Med: 65.89   Max: 120.4
Current: 52.3

During the past 13 years, Kim Heng's highest Days Payable was 120.40. The lowest was 50.10. And the median was 65.89.

SGX:5G2's Days Payable is ranked worse than
54.05% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs SGX:5G2: 52.30

Kim Heng's Days Payable increased from Dec. 2024 (46.09) to Dec. 2025 (59.14). It may suggest that Kim Heng delayed paying its suppliers.


Kim Heng Days Payable Historical Data

* Premium members only.

The historical data trend for Kim Heng'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.

Kim Heng Days Payable Chart

Kim Heng 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 64.96 66.82 59.27 51.34 53.50

Kim Heng 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 50.05 62.67 46.09 45.02 59.14

SGX:5G2 vs SLB, BKR, HAL: Days Payable Comparison

For the Oil & Gas Equipment & Services subindustry, Kim Heng'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.


Kim Heng Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kim Heng's Days Payable distribution charts can be found below:

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



Kim Heng 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.

Kim Heng'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
=( (12.159 + 16.68) / 2 ) / 98.373*365
=14.4195 / 98.373*365
=53.50

Kim Heng'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
=( (13.445 + 16.68) / 2 ) / 46.48*365 / 2
=15.0625 / 46.48*365 / 2
=59.14

* 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 59.14 mean?
Kim Heng (SGX:5G2) has a Days Payable of 59.14 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 Kim Heng and its competitors. This is 10% below median its historical median of 65.89. Over the past decade, Kim Heng's Days Payable has ranged from 50.10 to 120.40. According to the industry distribution chart, Kim Heng ranks #460 out of 851 companies in the Oil & Gas industry, placing it in the top 54.1%.
Is Kim Heng's Days Payable too high?
Kim Heng's current Days Payable of 59.14 is 10% below median its 10-year median of 65.89. Over the past 10 years, this metric has ranged from a low of 50.10 to a high of 120.40. The Oil & Gas industry median Days Payable is 57.95. Kim Heng's value of 59.14 is 2.1% above this industry median. Based on the distribution chart, Kim Heng ranks #460 out of 851 companies in the Oil & Gas industry, which is below the industry midpoint.
How does Kim Heng's Days Payable compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Kim Heng ranks #460 out of 851 companies for Days Payable. This places Kim Heng in the lower half of its industry. The industry median Days Payable is 57.95. Kim Heng's value of 59.14 is 2.1% above this benchmark. Historically, Kim Heng's own Days Payable has ranged from 50.10 to 120.40 over the past decade. While the company's 10-year median is 65.89 vs. the industry median of 57.95, Kim Heng 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 851 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. Kim Heng's current Days Payable of 59.14 is 2.1% 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 Kim Heng and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kim Heng's current Days Payable is 59.14, which is 10% below median its own 10-year median of 65.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kim Heng stock overvalued right now?
Based on GuruFocus' analysis, Kim Heng (SGX:5G2) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.11, compared to a current price of S$0.08 — trading 27.3% below its estimated fair value. The current Days Payable is 59.14, which is 10% below median its 10-year median of 65.89 and 2.1% above the Oil & Gas industry median of 57.95. 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 Kim Heng (SGX:5G2), the current Days Payable is 59.14 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.

Kim Heng Business Description

Industry EnergyOil & Gas
Address No. 48 Penjuru Road, Singapore, SGP, 609152
Kim Heng Ltd is an integrated offshore and marine value chain service provider. It is engaged in providing services like supply chain management which includes the provision of logistics, general shipping, and crew management, and provision of offshore supply vessels and heavy lift equipment, vessel sales, and newbuild which includes purchase and refurbishment of vessels for onselling, and heavy equipment sale and rental which includes leasing, sale, maintenance, import and export of heavy equipment, and providing equipment and machinery like a crawler, lorry, and mobile cranes. The operating segments are Offshore Rig Services and Supply Chain Management, and Vessel Sales and Newbuilds where offshore rig services contribute the majority of revenue.