Hiap Hoe (SGX:5JK) Days Payable: 23.94 (As of Jun. 2026) — 16% Below Median

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SGX:5JK Hiap Hoe Ltd SGX:5JK
45 GF Score
Price S$0.60
GF Value S$0.67
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Hiap Hoe Days Payable?

Hiap Hoe SGX:5JK 45 Days Payable is 23.94 as of Jun. 2026, which is 16% below its 10-year median of 28.60. GuruFocus rates SGX:5JK with a GF Score™ of 45/100 and a GF Value™ of S$0.67 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 778 Travel & Leisure companies, Hiap Hoe ranks worse than 76.74% on this metric.

Hiap Hoe's average Accounts Payable for the six months ended in Jun. 2026 was S$4.3 Mil. Hiap Hoe's Cost of Goods Sold for the six months ended in Jun. 2026 was S$32.8 Mil. Hence, Hiap Hoe's Days Payable for the six months ended in Jun. 2026 was 23.94.

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

SGX:5JK' s Days Payable Range Over the Past 10 Years
Min: 20.56   Med: 28.6   Max: 149
Current: 24.54

During the past 13 years, Hiap Hoe's highest Days Payable was 149.00. The lowest was 20.56. And the median was 28.60.

SGX:5JK's Days Payable is ranked worse than
76.74% of 778 companies
in the Travel & Leisure industry
Industry Median: 56.365 vs SGX:5JK: 24.54

Hiap Hoe's Days Payable increased from Jun. 2025 (22.92) to Jun. 2026 (23.94). It may suggest that Hiap Hoe delayed paying its suppliers.


Hiap Hoe Days Payable Historical Data

* Premium members only.

The historical data trend for Hiap Hoe'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.

Hiap Hoe Days Payable Chart

Hiap Hoe 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 24.89 27.12 28.60 25.23 20.56

Hiap Hoe Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 27.64 25.79 22.92 18.39 23.94

SGX:5JK vs MAR, HLT, H: Days Payable Comparison

For the Lodging subindustry, Hiap Hoe'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.


Hiap Hoe Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hiap Hoe's Days Payable distribution charts can be found below:

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


SGX:5JK
45GF Score
Hiap Hoe Ltd SGX:5JK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hiap Hoe 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.

Hiap Hoe'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
=( (2.407 + 1.987) / 2 ) / 38.998*365
=2.197 / 38.998*365
=20.56

Hiap Hoe's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (1.987 + 6.62) / 2 ) / 32.801*365 / 2
=4.3035 / 32.801*365 / 2
=23.94

* 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 23.94 mean?
Hiap Hoe (SGX:5JK) has a Days Payable of 23.94 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hiap Hoe and its competitors. This is 16% below median its historical median of 28.60. Over the past decade, Hiap Hoe's Days Payable has ranged from 20.56 to 149.00. According to the industry distribution chart, Hiap Hoe ranks #597 out of 778 companies in the Travel & Leisure industry, placing it in the top 76.7%.
Is Hiap Hoe's Days Payable too high?
Hiap Hoe's current Days Payable of 23.94 is 16% below median its 10-year median of 28.60. Over the past 10 years, this metric has ranged from a low of 20.56 to a high of 149.00. The Travel & Leisure industry median Days Payable is 56.37. Hiap Hoe's value of 23.94 is 57.5% below this industry median. Based on the distribution chart, Hiap Hoe ranks #597 out of 778 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Hiap Hoe has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hiap Hoe's Days Payable compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Hiap Hoe ranks #597 out of 778 companies for Days Payable. This places Hiap Hoe in the lower half of its industry. The industry median Days Payable is 56.37. Hiap Hoe's value of 23.94 is 57.5% below this benchmark. Historically, Hiap Hoe's own Days Payable has ranged from 20.56 to 149.00 over the past decade. While the company's 10-year median is 28.60 vs. the industry median of 56.37, Hiap Hoe 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.37, based on 778 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. Hiap Hoe's current Days Payable of 23.94 is 57.5% 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 Hiap Hoe and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiap Hoe's current Days Payable is 23.94, which is 16% below median its own 10-year median of 28.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiap Hoe stock overvalued right now?
Based on GuruFocus' analysis, Hiap Hoe (SGX:5JK) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.67, compared to a current price of S$0.60 — trading 11.2% below its estimated fair value. The current Days Payable is 23.94, which is 16% below median its 10-year median of 28.60 and 57.5% below the Travel & Leisure industry median of 56.37. Hiap Hoe's overall GF Score™ is 45/100 with 6 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 Hiap Hoe (SGX:5JK), the current Days Payable is 23.94 as of Jun. 2026. 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 Hiap Hoe (SGX:5JK) Overvalued in 2026?

Based on GuruFocus' analysis, Hiap Hoe stock appears to be undervalued. The current stock price of S$0.60 is trading 11.2% below its estimated GF Value™ of S$0.67. GuruFocus considers Hiap Hoe to be Modestly Undervalued.

Key valuation signals for SGX:5JK:

  • Days Payable: 23.94 (16% below median its 10-year median of 28.60)
  • GF Value™: S$0.67 vs. price of S$0.60 (11.2% below fair value)
  • GF Score™: 45/100 with 6 warning signs
  • Industry Position: 57.5% below the Travel & Leisure median (#597 of 778)

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


Hiap Hoe Business Description

Address 18 Ah Hood Road, No. 13-51, Hiap Hoe Building At Zhongshan Park, Singapore, SGP, 329983
Hiap Hoe Ltd is a regional real estate group. It has the following reportable operating segments -The rental segment is in the business of renting of space under the investment properties and property, plant and equipment. The leisure segment is in the business of providing leisure and recreational facilities. The hotel operations segment is operated under the brand names of Aloft Singapore Novena, Holiday Inn Express Trafford City, Aloft Perth and Great Eastern Motor Lodge. The other investments portfolio consists of a mix of quoted and unquoted investments. The others segment is involved in Group-level corporate services and treasury functions. The company has operations in Singapore which generates key revenue, Australia, and the United Kingdom.
45GF Score

Get the complete analysis for SGX:5JK

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

S$0.60
Price
S$0.67
GF Value