Boldtek Holdings (SGX:5VI) Days Payable: 606.55 (As of Dec. 2023)

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.

What is Boldtek Holdings Days Payable?

Boldtek Holdings SGX:5VI Days Payable is 606.55 as of Dec. 2023.

Boldtek Holdings's average Accounts Payable for the six months ended in Dec. 2023 was S$23.93 Mil. Boldtek Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$7.20 Mil. Hence, Boldtek Holdings's Days Payable for the six months ended in Dec. 2023 was 606.55.

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

SGX:5VI's Days Payable is not ranked *
in the Construction industry.
Industry Median: 76.5
* Ranked among companies with meaningful Days Payable only.

Boldtek Holdings's Days Payable increased from Jun. 2022 (156.02) to Dec. 2023 (606.55). It may suggest that Boldtek Holdings delayed paying its suppliers.


Boldtek Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Boldtek Holdings'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.

Boldtek Holdings Days Payable Chart

Boldtek Holdings Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.18 72.05 132.72 135.82 157.28

Boldtek Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
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 115.75 135.07 156.02 210.30 606.55

SGX:5VI vs JCI, J, PWR: Days Payable Comparison

For the Engineering & Construction subindustry, Boldtek Holdings'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.


Boldtek Holdings Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Boldtek Holdings's Days Payable distribution charts can be found below:

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



Boldtek Holdings 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.

Boldtek Holdings's Days Payable for the fiscal year that ended in Jun. 2022 is calculated as

Days Payable (A: Jun. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2021 ) + Accounts Payable (A: Jun. 2022 )) / count ) / Cost of Goods Sold (A: Jun. 2022 )*Days in Period
=( (22.969 + 19.603) / 2 ) / 49.398*365
=21.286 / 49.398*365
=157.28

Boldtek Holdings's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (22.528 + 25.331) / 2 ) / 7.2*365 / 2
=23.9295 / 7.2*365 / 2
=606.55

* 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 606.55 mean?
Boldtek Holdings (SGX:5VI) has a Days Payable of 606.55 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Boldtek Holdings and its competitors.
Is Boldtek Holdings' Days Payable too high?
Boldtek Holdings' current Days Payable is 606.55. The Construction industry median Days Payable is 76.50. Boldtek Holdings' value of 606.55 is 692.9% above this industry median.
How does Boldtek Holdings' Days Payable compare to JCI and J?
Boldtek Holdings' Days Payable of 606.55 can be compared against companies in the Construction industry. The industry median Days Payable is 76.50. Boldtek Holdings' value of 606.55 is 692.9% above this benchmark. 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 Construction company?
The median Days Payable among Construction companies is 76.50, based on 1,716 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. Boldtek Holdings's current Days Payable of 606.55 is 692.9% 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 Boldtek Holdings and its competitors. For the Construction industry, the median Days Payable is 76.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boldtek Holdings's current Days Payable is 606.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boldtek Holdings stock overvalued right now?
Boldtek Holdings (SGX:5VI) has a current Days Payable of 606.55. The current Days Payable is 606.55 and 692.9% above the Construction industry median of 76.50. 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 Boldtek Holdings (SGX:5VI), the current Days Payable is 606.55 as of Dec. 2023. 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.

Boldtek Holdings Business Description

Address 72 Senoko Drive, Singapore, SGP, 758240
Boldtek Holdings Ltd is engaged in building construction works as well as supply and installation of furniture/interior fitting-out works in Singapore in which it acts mainly as a main contractor for the Singapore government and Singapore government-related bodies. As a main contractor, the group has undertaken a wide range of building construction works such as excavation, piling, sub-structures and superstructures works, architectural works, aluminium cladding and curtain walling, M&E works, interior fitting-out works, external works and landscaping. The company undertakes its building construction works and supply and installation of furniture/interior fitting-out works through both its wholly-owned subsidiaries.