Asia Enterprises Holding (SGX:A55) Days Payable: 13.62 (As of Dec. 2025) — 60% Below Median

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SGX:A55 Asia Enterprises Holding Ltd SGX:A55
36 GF Score
Price S$0.13
GF Value S$0.06
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Asia Enterprises Holding Days Payable?

Asia Enterprises Holding SGX:A55 -7.14% 36 Days Payable is 13.62 as of Dec. 2025, which is 60% below its 10-year median of 34.14. GuruFocus rates SGX:A55 with a GF Score™ of 36/100 and a GF Value™ of S$0.06 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 597 Steel companies, Asia Enterprises Holding ranks worse than 90.28% on this metric.

Asia Enterprises Holding's average Accounts Payable for the six months ended in Dec. 2025 was S$0.91 Mil. Asia Enterprises Holding's Cost of Goods Sold for the six months ended in Dec. 2025 was S$12.24 Mil. Hence, Asia Enterprises Holding's Days Payable for the six months ended in Dec. 2025 was 13.62.

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

SGX:A55' s Days Payable Range Over the Past 10 Years
Min: 3.95   Med: 34.14   Max: 64.27
Current: 10.63

During the past 13 years, Asia Enterprises Holding's highest Days Payable was 64.27. The lowest was 3.95. And the median was 34.14.

SGX:A55's Days Payable is ranked worse than
90.28% of 597 companies
in the Steel industry
Industry Median: 41.53 vs SGX:A55: 10.63

Asia Enterprises Holding's Days Payable increased from Dec. 2024 (11.71) to Dec. 2025 (13.62). It may suggest that Asia Enterprises Holding delayed paying its suppliers.


Asia Enterprises Holding Days Payable Historical Data

* Premium members only.

The historical data trend for Asia Enterprises Holding'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.

Asia Enterprises Holding Days Payable Chart

Asia Enterprises Holding 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 56.05 21.51 5.91 3.95 5.31

Asia Enterprises Holding 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 19.34 8.70 11.71 13.03 13.62

SGX:A55 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Asia Enterprises Holding'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.


Asia Enterprises Holding Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Asia Enterprises Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Asia Enterprises Holding's Days Payable falls into.


SGX:A55
36GF Score
Asia Enterprises Holding Ltd SGX:A55
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Enterprises Holding 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.

Asia Enterprises Holding'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
=( (0.558 + 0.236) / 2 ) / 27.29*365
=0.397 / 27.29*365
=5.31

Asia Enterprises Holding'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
=( (1.591 + 0.236) / 2 ) / 12.241*365 / 2
=0.9135 / 12.241*365 / 2
=13.62

* 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 13.62 mean?
Asia Enterprises Holding (SGX:A55) has a Days Payable of 13.62 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 Asia Enterprises Holding and its competitors. This is 60% below median its historical median of 34.14. Over the past decade, Asia Enterprises Holding's Days Payable has ranged from 3.95 to 64.27. According to the industry distribution chart, Asia Enterprises Holding ranks #539 out of 597 companies in the Steel industry, placing it in the top 90.3%.
Is Asia Enterprises Holding's Days Payable too high?
Asia Enterprises Holding's current Days Payable of 13.62 is 60% below median its 10-year median of 34.14. Over the past 10 years, this metric has ranged from a low of 3.95 to a high of 64.27. The Steel industry median Days Payable is 41.53. Asia Enterprises Holding's value of 13.62 is 67.2% below this industry median. Based on the distribution chart, Asia Enterprises Holding ranks #539 out of 597 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Asia Enterprises Holding has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Enterprises Holding's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Asia Enterprises Holding ranks #539 out of 597 companies for Days Payable. This places Asia Enterprises Holding in the lower half of its industry. The industry median Days Payable is 41.53. Asia Enterprises Holding's value of 13.62 is 67.2% below this benchmark. Historically, Asia Enterprises Holding's own Days Payable has ranged from 3.95 to 64.27 over the past decade. While the company's 10-year median is 34.14 vs. the industry median of 41.53, Asia Enterprises Holding 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 Steel company?
The median Days Payable among Steel companies is 41.53, based on 597 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. Asia Enterprises Holding's current Days Payable of 13.62 is 67.2% 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 Asia Enterprises Holding and its competitors. For the Steel industry, the median Days Payable is 41.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Enterprises Holding's current Days Payable is 13.62, which is 60% below median its own 10-year median of 34.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Enterprises Holding stock overvalued right now?
Based on GuruFocus' analysis, Asia Enterprises Holding (SGX:A55) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.06, compared to a current price of S$0.13 — trading 116.7% above its estimated fair value. The current Days Payable is 13.62, which is 60% below median its 10-year median of 34.14 and 67.2% below the Steel industry median of 41.53. Asia Enterprises Holding's overall GF Score™ is 36/100 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 Asia Enterprises Holding (SGX:A55), the current Days Payable is 13.62 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 Asia Enterprises Holding (SGX:A55) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Enterprises Holding stock appears to be overvalued. The current stock price of S$0.13 is trading 116.7% above its estimated GF Value™ of S$0.06. GuruFocus considers Asia Enterprises Holding to be Significantly Overvalued.

Key valuation signals for SGX:A55:

  • Days Payable: 13.62 (60% below median its 10-year median of 34.14)
  • GF Value™: S$0.06 vs. price of S$0.13 (116.7% above fair value)
  • GF Score™: 36/100 with 4 warning signs
  • Industry Position: 67.2% below the Steel median (#539 of 597)

No single metric tells the full story. See the SGX:A55 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Enterprises Holding Business Description

Address 3 Pioneer Sector Walk, Singapore, SGP, 627897
Asia Enterprises Holding Ltd is an investment holding firm. Along with its subsidiaries, it is engaged in the distribution of steel products to industrial end users. The company operates through three segments namely, Steel distribution comprises of procuring, distributing, and trading of steel products; the Provision of steel processing segment is involved in the processing of steel materials for sale, and the corporate segment is engaged in investment and management activities. The majority of its revenue is earned from the Steel distribution segment. Geographically, it derives the majority revenue from the Singapore market, while it also has a presence in Indonesia, Malaysia, and other countries.
36GF Score

Get the complete analysis for SGX:A55

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

S$0.13
Price
S$0.06
GF Value