Hiap Tong (SGX:5PO) Days Payable: 53.24 (As of Mar. 2026) — 15% Below Median

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SGX:5PO Hiap Tong Corp Ltd SGX:5PO
49 GF Score
Price S$0.11
GF Value S$0.09
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Hiap Tong Days Payable?

Hiap Tong SGX:5PO 49 Days Payable is 53.24 as of Mar. 2026, which is 15% below its 10-year median of 62.29. GuruFocus rates SGX:5PO with a GF Score™ of 49/100 and a GF Value™ of S$0.09 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 946 Business Services companies, Hiap Tong ranks better than 53.81% on this metric.

Hiap Tong's average Accounts Payable for the six months ended in Mar. 2026 was S$10.61 Mil. Hiap Tong's Cost of Goods Sold for the six months ended in Mar. 2026 was S$36.37 Mil. Hence, Hiap Tong's Days Payable for the six months ended in Mar. 2026 was 53.24.

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

SGX:5PO' s Days Payable Range Over the Past 10 Years
Min: 20.24   Med: 62.29   Max: 123.83
Current: 51.35

During the past 13 years, Hiap Tong's highest Days Payable was 123.83. The lowest was 20.24. And the median was 62.29.

SGX:5PO's Days Payable is ranked better than
53.81% of 946 companies
in the Business Services industry
Industry Median: 45.785 vs SGX:5PO: 51.35

Hiap Tong's Days Payable declined from Mar. 2025 (59.27) to Mar. 2026 (53.24). It may suggest that Hiap Tong accelerated paying its suppliers.


Hiap Tong Days Payable Historical Data

* Premium members only.

The historical data trend for Hiap Tong'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 Tong Days Payable Chart

Hiap Tong Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.23 99.85 70.10 54.53 42.94

Hiap Tong Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 103.76 68.18 59.27 57.82 53.24

SGX:5PO vs URI, SUNB, AER: Days Payable Comparison

For the Rental & Leasing Services subindustry, Hiap Tong'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 Tong Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Hiap Tong's Days Payable distribution charts can be found below:

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


SGX:5PO
49GF Score
Hiap Tong Corp Ltd SGX:5PO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiap Tong 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 Tong's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (9.849 + 7.468) / 2 ) / 73.607*365
=8.6585 / 73.607*365
=42.94

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

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (13.749 + 7.468) / 2 ) / 36.368*365 / 2
=10.6085 / 36.368*365 / 2
=53.24

* 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 53.24 mean?
Hiap Tong (SGX:5PO) has a Days Payable of 53.24 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hiap Tong and its competitors. This is 15% below median its historical median of 62.29. Over the past decade, Hiap Tong's Days Payable has ranged from 20.24 to 123.83. According to the industry distribution chart, Hiap Tong ranks #437 out of 946 companies in the Business Services industry, placing it in the top 46.2%.
Is Hiap Tong's Days Payable too high?
Hiap Tong's current Days Payable of 53.24 is 15% below median its 10-year median of 62.29. Over the past 10 years, this metric has ranged from a low of 20.24 to a high of 123.83. The Business Services industry median Days Payable is 45.79. Hiap Tong's value of 53.24 is 16.3% above this industry median. Based on the distribution chart, Hiap Tong ranks #437 out of 946 companies in the Business Services industry, which is above the industry midpoint. Overall, Hiap Tong has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hiap Tong's Days Payable compare to URI and SUNB?
According to the Business Services industry distribution chart, Hiap Tong ranks #437 out of 946 companies for Days Payable. This puts Hiap Tong in the upper half of its industry. The industry median Days Payable is 45.79. Hiap Tong's value of 53.24 is 16.3% above this benchmark. Historically, Hiap Tong's own Days Payable has ranged from 20.24 to 123.83 over the past decade. While the company's 10-year median is 62.29 vs. the industry median of 45.79, Hiap Tong 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 a Business Services company?
The median Days Payable among Business Services companies is 45.79, based on 946 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 Tong's current Days Payable of 53.24 is 16.3% 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 Hiap Tong and its competitors. For the Business Services industry, the median Days Payable is 45.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiap Tong's current Days Payable is 53.24, which is 15% below median its own 10-year median of 62.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiap Tong stock overvalued right now?
Based on GuruFocus' analysis, Hiap Tong (SGX:5PO) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.09, compared to a current price of S$0.11 — trading 18.9% above its estimated fair value. The current Days Payable is 53.24, which is 15% below median its 10-year median of 62.29 and 16.3% above the Business Services industry median of 45.79. Hiap Tong's overall GF Score™ is 49/100 with 4 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 Tong (SGX:5PO), the current Days Payable is 53.24 as of Mar. 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 Tong (SGX:5PO) Overvalued in 2026?

Based on GuruFocus' analysis, Hiap Tong stock appears to be overvalued. The current stock price of S$0.11 is trading 18.9% above its estimated GF Value™ of S$0.09. GuruFocus considers Hiap Tong to be Modestly Overvalued.

Key valuation signals for SGX:5PO:

  • Days Payable: 53.24 (15% below median its 10-year median of 62.29)
  • GF Value™: S$0.09 vs. price of S$0.11 (18.9% above fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 16.3% above the Business Services median (#437 of 946)

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


Hiap Tong Business Description

Address 22 Soon lee Road, Singapore, SGP, 628082
Hiap Tong Corp Ltd is mainly involved in renting cranes, prime movers, heavy machinery, and equipment and trading cranes and heavy equipment. The company's products are used by the marine, petrochemical, and construction industries. It operates in two segments namely lifting and haulage services, and manpower services. The company also provides load test and drop test services for marine offshore and engineering industries. Its geographical segments include Singapore and Malaysia, of which the majority of the revenue comes from Singapore.
49GF Score

Get the complete analysis for SGX:5PO

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

S$0.11
Price
S$0.09
GF Value