Riverstone Holdings (SGX:AP4) Days Payable: 32.62 (As of Dec. 2025) — 44% Above Median


SGX:AP4 Riverstone Holdings Ltd SGX:AP4
62 GF Score
Price S$0.82
GF Value S$0.87
Valuation Fairly Valued
! 7 Warning Signs
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What is Riverstone Holdings Days Payable?

Riverstone Holdings SGX:AP4 -2.38% 62 Days Payable is 32.62 as of Dec. 2025, which is 44% above its 10-year median of 22.70. GuruFocus rates SGX:AP4 with a GF Score™ of 62/100 and a GF Value™ of S$0.87 (Fairly Valued). The stock has 7 warning signs investors should review. Among 794 Medical Devices & Instruments companies, Riverstone Holdings ranks worse than 77.71% on this metric.

Riverstone Holdings's average Accounts Payable for the three months ended in Dec. 2025 was S$19.9 Mil. Riverstone Holdings's Cost of Goods Sold for the three months ended in Dec. 2025 was S$55.7 Mil. Hence, Riverstone Holdings's Days Payable for the three months ended in Dec. 2025 was 32.62.

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

SGX:AP4' s Days Payable Range Over the Past 10 Years
Min: 15.8   Med: 22.7   Max: 37.37
Current: 37.37

During the past 13 years, Riverstone Holdings's highest Days Payable was 37.37. The lowest was 15.80. And the median was 22.70.

SGX:AP4's Days Payable is ranked worse than
77.71% of 794 companies
in the Medical Devices & Instruments industry
Industry Median: 67.97 vs SGX:AP4: 37.37

Riverstone Holdings's Days Payable declined from Dec. 2024 (33.42) to Dec. 2025 (32.62). It may suggest that Riverstone Holdings accelerated paying its suppliers.


Riverstone Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Riverstone 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.

Riverstone Holdings Days Payable Chart

Riverstone Holdings 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 21.05 20.93 16.41 15.80 18.44

Riverstone Holdings Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 33.42 34.53 49.37 51.54 32.62

SGX:AP4 vs ISRG, BDX, MDLN: Days Payable Comparison

For the Medical Instruments & Supplies subindustry, Riverstone 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.


Riverstone Holdings Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Riverstone Holdings's Days Payable distribution charts can be found below:

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


SGX:AP4
62GF Score
Riverstone Holdings Ltd SGX:AP4
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Riverstone 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.

Riverstone Holdings'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
=( (10.735 + 11.487) / 2 ) / 219.934*365
=11.111 / 219.934*365
=18.44

Riverstone Holdings'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: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (28.345 + 11.487) / 2 ) / 55.72*365 / 4
=19.916 / 55.72*365 / 4
=32.62

* 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 32.62 mean?
Riverstone Holdings (SGX:AP4) has a Days Payable of 32.62 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 Riverstone Holdings and its competitors. This is 44% above median its historical median of 22.70. Over the past decade, Riverstone Holdings' Days Payable has ranged from 15.80 to 37.37. According to the industry distribution chart, Riverstone Holdings ranks #617 out of 794 companies in the Medical Devices & Instruments industry, placing it in the top 77.7%.
Is Riverstone Holdings' Days Payable too high?
Riverstone Holdings' current Days Payable of 32.62 is 44% above median its 10-year median of 22.70. Over the past 10 years, this metric has ranged from a low of 15.80 to a high of 37.37. The Medical Devices & Instruments industry median Days Payable is 67.97. Riverstone Holdings' value of 32.62 is 52% below this industry median. Based on the distribution chart, Riverstone Holdings ranks #617 out of 794 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Riverstone Holdings has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Riverstone Holdings' Days Payable compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Riverstone Holdings ranks #617 out of 794 companies for Days Payable. This places Riverstone Holdings in the lower half of its industry. The industry median Days Payable is 67.97. Riverstone Holdings' value of 32.62 is 52% below this benchmark. Historically, Riverstone Holdings' own Days Payable has ranged from 15.80 to 37.37 over the past decade. While the company's 10-year median is 22.70 vs. the industry median of 67.97, Riverstone Holdings 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 67.97, based on 794 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. Riverstone Holdings's current Days Payable of 32.62 is 52% 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 Riverstone Holdings and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 67.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riverstone Holdings's current Days Payable is 32.62, which is 44% above median its own 10-year median of 22.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riverstone Holdings stock overvalued right now?
Based on GuruFocus' analysis, Riverstone Holdings (SGX:AP4) is currently considered Fairly Valued. The stock's GF Value™ is S$0.87, compared to a current price of S$0.82 — trading 5.7% below its estimated fair value. The current Days Payable is 32.62, which is 44% above median its 10-year median of 22.70 and 52% below the Medical Devices & Instruments industry median of 67.97. Riverstone Holdings' overall GF Score™ is 62/100 with 7 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 Riverstone Holdings (SGX:AP4), the current Days Payable is 32.62 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 Riverstone Holdings (SGX:AP4) Overvalued in 2026?

Based on GuruFocus' analysis, Riverstone Holdings stock appears to be undervalued. The current stock price of S$0.82 is trading 5.7% below its estimated GF Value™ of S$0.87. GuruFocus considers Riverstone Holdings to be Fairly Valued.

Key valuation signals for SGX:AP4:

  • Days Payable: 32.62 (44% above median its 10-year median of 22.70)
  • GF Value™: S$0.87 vs. price of S$0.82 (5.7% below fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 52% below the Medical Devices & Instruments median (#617 of 794)

No single metric tells the full story. See the SGX:AP4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riverstone Holdings Business Description

Address 362 Upper Paya Lebar Road, No. 03-14 Da Jin Factory Building, Singapore, SGP, 534963
Riverstone Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the manufacture and sales of gloves and non-glove consumables such as finger cots, static shielding bags, face masks, wipers, and packaging materials. The group's products are widely qualified and used in the Hard Disk Drive, and semiconductor industries. It operates in three segments based on its geography: Malaysia, Thailand, China, Singapore, and Others, of which the majority of its revenue comes from Malaysia.
62GF Score

Get the complete analysis for SGX:AP4

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

S$0.82
Price
S$0.87
GF Value