Hor Kew (SGX:BBP) Days Payable: 127.80 (As of Dec. 2025) — Near Median

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.

SGX:BBP Hor Kew Corp Ltd SGX:BBP
47 GF Score
Price S$1.18
GF Value S$0.32
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Hor Kew Days Payable?

Hor Kew SGX:BBP +4.42% 47 Days Payable is 127.80 as of Dec. 2025, which is 9% below its 10-year median of 140.35. GuruFocus rates SGX:BBP with a GF Score™ of 47/100 and a GF Value™ of S$0.32 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,716 Construction companies, Hor Kew ranks better than 74.65% on this metric.

Hor Kew's average Accounts Payable for the six months ended in Dec. 2025 was S$18.84 Mil. Hor Kew's Cost of Goods Sold for the six months ended in Dec. 2025 was S$26.90 Mil. Hence, Hor Kew's Days Payable for the six months ended in Dec. 2025 was 127.80.

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

SGX:BBP' s Days Payable Range Over the Past 10 Years
Min: 104.57   Med: 140.35   Max: 230.25
Current: 145.43

During the past 13 years, Hor Kew's highest Days Payable was 230.25. The lowest was 104.57. And the median was 140.35.

SGX:BBP's Days Payable is ranked better than
74.65% of 1716 companies
in the Construction industry
Industry Median: 76.55 vs SGX:BBP: 145.43

Hor Kew's Days Payable declined from Dec. 2024 (141.32) to Dec. 2025 (127.80). It may suggest that Hor Kew accelerated paying its suppliers.


Hor Kew Days Payable Historical Data

* Premium members only.

The historical data trend for Hor Kew'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.

Hor Kew Days Payable Chart

Hor Kew 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 179.56 140.98 104.57 133.87 149.79

Hor Kew 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 111.66 149.81 141.32 167.48 127.80

SGX:BBP vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Hor Kew'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.


Hor Kew Days Payable vs Construction Industry

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

* The bar in red indicates where Hor Kew's Days Payable falls into.


SGX:BBP
47GF Score
Hor Kew Corp Ltd SGX:BBP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hor Kew 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.

Hor Kew'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
=( (15.939 + 20.659) / 2 ) / 44.591*365
=18.299 / 44.591*365
=149.79

Hor Kew'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
=( (17.014 + 20.659) / 2 ) / 26.898*365 / 2
=18.8365 / 26.898*365 / 2
=127.80

* 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 127.80 mean?
Hor Kew (SGX:BBP) has a Days Payable of 127.80 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 Hor Kew and its competitors. This is near median its historical median of 140.35. Over the past decade, Hor Kew's Days Payable has ranged from 104.57 to 230.25. According to the industry distribution chart, Hor Kew ranks #435 out of 1716 companies in the Construction industry, placing it in the top 25.3%.
Is Hor Kew's Days Payable too high?
Hor Kew's current Days Payable of 127.80 is near median its 10-year median of 140.35. Over the past 10 years, this metric has ranged from a low of 104.57 to a high of 230.25. The Construction industry median Days Payable is 76.55. Hor Kew's value of 127.80 is 66.9% above this industry median. Based on the distribution chart, Hor Kew ranks #435 out of 1716 companies in the Construction industry, which is above the industry midpoint. Overall, Hor Kew has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hor Kew's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Hor Kew ranks #435 out of 1716 companies for Days Payable. This puts Hor Kew in the upper half of its industry. The industry median Days Payable is 76.55. Hor Kew's value of 127.80 is 66.9% above this benchmark. Historically, Hor Kew's own Days Payable has ranged from 104.57 to 230.25 over the past decade. While the company's 10-year median is 140.35 vs. the industry median of 76.55, Hor Kew 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 Construction company?
The median Days Payable among Construction companies is 76.55, 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. Hor Kew's current Days Payable of 127.80 is 66.9% 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 Hor Kew and its competitors. For the Construction industry, the median Days Payable is 76.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hor Kew's current Days Payable is 127.80, which is near median its own 10-year median of 140.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hor Kew stock overvalued right now?
Based on GuruFocus' analysis, Hor Kew (SGX:BBP) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.32, compared to a current price of S$1.18 — trading 268.8% above its estimated fair value. The current Days Payable is 127.80, which is near median its 10-year median of 140.35 and 66.9% above the Construction industry median of 76.55. Hor Kew's overall GF Score™ is 47/100 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 Hor Kew (SGX:BBP), the current Days Payable is 127.80 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 Hor Kew (SGX:BBP) Overvalued in 2026?

Based on GuruFocus' analysis, Hor Kew stock appears to be overvalued. The current stock price of S$1.18 is trading 268.8% above its estimated GF Value™ of S$0.32. GuruFocus considers Hor Kew to be Significantly Overvalued.

Key valuation signals for SGX:BBP:

  • Days Payable: 127.80 (near median its 10-year median of 140.35)
  • GF Value™: S$0.32 vs. price of S$1.18 (268.8% above fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 66.9% above the Construction median (#435 of 1716)

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


Hor Kew Business Description

Address 66 Kallang Pudding Road, No. 07-01, Hor Kew Business Centre, Singapore, SGP, 349324
Hor Kew Corp Ltd is a building construction company that provides construction-related products and services. The company manufactures and supplies prestressed and reinforced concrete building components and prefinished architectural precast components. Its segments include Property investment and development segment that is engaged in the development, sales and leasing of residential, commercial and industrial properties; Prefabrication segment that derives maximum revenue, is engaged in design, manufacture and sales of prestressed and reinforced concrete building components as well as prefabricated architectural metal components and Others segment comprises mainly the Group level corporate services and treasury functions.
47GF Score

Get the complete analysis for SGX:BBP

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

S$1.18
Price
S$0.32
GF Value