GSH (SGX:BDX) Days Payable: 314.51 (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:BDX GSH Corp Ltd SGX:BDX
43 GF Score
Price S$0.16
GF Value S$0.19
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is GSH Days Payable?

GSH SGX:BDX 43 Days Payable is 314.51 as of Dec. 2025, which is 3% below its 10-year median of 325.22. GuruFocus rates SGX:BDX with a GF Score™ of 43/100 and a GF Value™ of S$0.19 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 502 Conglomerates companies, GSH ranks better than 96.22% on this metric.

GSH's average Accounts Payable for the six months ended in Dec. 2025 was S$59.8 Mil. GSH's Cost of Goods Sold for the six months ended in Dec. 2025 was S$34.7 Mil. Hence, GSH's Days Payable for the six months ended in Dec. 2025 was 314.51.

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

SGX:BDX' s Days Payable Range Over the Past 10 Years
Min: 33.53   Med: 325.22   Max: 580.79
Current: 393.75

During the past 13 years, GSH's highest Days Payable was 580.79. The lowest was 33.53. And the median was 325.22.

SGX:BDX's Days Payable is ranked better than
96.22% of 502 companies
in the Conglomerates industry
Industry Median: 56.39 vs SGX:BDX: 393.75

GSH's Days Payable declined from Dec. 2024 (439.52) to Dec. 2025 (314.51). It may suggest that GSH accelerated paying its suppliers.


GSH Days Payable Historical Data

* Premium members only.

The historical data trend for GSH'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.

GSH Days Payable Chart

GSH 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 323.76 503.18 363.39 580.79 502.73

GSH 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 275.17 375.95 439.52 361.94 314.51

SGX:BDX vs MMM, HON: Days Payable Comparison

For the Conglomerates subindustry, GSH'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.


GSH Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, GSH's Days Payable distribution charts can be found below:

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


SGX:BDX
43GF Score
GSH Corp Ltd SGX:BDX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GSH 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.

GSH'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
=( (115.278 + 84.628) / 2 ) / 72.569*365
=99.953 / 72.569*365
=502.73

GSH'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
=( (34.95 + 84.628) / 2 ) / 34.694*365 / 2
=59.789 / 34.694*365 / 2
=314.51

* 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 314.51 mean?
GSH (SGX:BDX) has a Days Payable of 314.51 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 GSH and its competitors. This is near median its historical median of 325.22. Over the past decade, GSH's Days Payable has ranged from 33.53 to 580.79. According to the industry distribution chart, GSH ranks #19 out of 502 companies in the Conglomerates industry, placing it in the top 3.8%.
Is GSH's Days Payable too high?
GSH's current Days Payable of 314.51 is near median its 10-year median of 325.22. Over the past 10 years, this metric has ranged from a low of 33.53 to a high of 580.79. The Conglomerates industry median Days Payable is 56.39. GSH's value of 314.51 is 457.7% above this industry median. Based on the distribution chart, GSH ranks #19 out of 502 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, GSH has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GSH's Days Payable compare to MMM and HON?
According to the Conglomerates industry distribution chart, GSH ranks #19 out of 502 companies for Days Payable. This places GSH in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.39. GSH's value of 314.51 is 457.7% above this benchmark. Historically, GSH's own Days Payable has ranged from 33.53 to 580.79 over the past decade. While the company's 10-year median is 325.22 vs. the industry median of 56.39, GSH 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.39, based on 502 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. GSH's current Days Payable of 314.51 is 457.7% 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 GSH and its competitors. For the Conglomerates industry, the median Days Payable is 56.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GSH's current Days Payable is 314.51, which is near median its own 10-year median of 325.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GSH stock overvalued right now?
Based on GuruFocus' analysis, GSH (SGX:BDX) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.19, compared to a current price of S$0.16 — trading 14.7% below its estimated fair value. The current Days Payable is 314.51, which is near median its 10-year median of 325.22 and 457.7% above the Conglomerates industry median of 56.39. GSH's overall GF Score™ is 43/100 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 GSH (SGX:BDX), the current Days Payable is 314.51 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 GSH (SGX:BDX) Overvalued in 2026?

Based on GuruFocus' analysis, GSH stock appears to be undervalued. The current stock price of S$0.16 is trading 14.7% below its estimated GF Value™ of S$0.19. GuruFocus considers GSH to be Modestly Undervalued.

Key valuation signals for SGX:BDX:

  • Days Payable: 314.51 (near median its 10-year median of 325.22)
  • GF Value™: S$0.19 vs. price of S$0.16 (14.7% below fair value)
  • GF Score™: 43/100 with 7 warning signs
  • Industry Position: 457.7% above the Conglomerates median (#19 of 502)

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


GSH Business Description

Address 20 Cecil Street, No. 28-01 PLUS, Singapore, SGP, 049705
GSH Corp Ltd is a company together with its subsidiaries engaged in the property development business in Asia. It operates through Hospitality, Property, Trading and Other segments. The hospitality segment is engaged in the operation of hotels, golf and marina club. The Property segment is engaged in the sales of properties and rental income from investment properties. The other segment includes investment holdings and the Trading segment includes frozen food trading. It generates revenue through the sale of property and the sale of hotel packages which include hotel stay, breakfast, spa services, and golf.
43GF Score

Get the complete analysis for SGX:BDX

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

S$0.16
Price
S$0.19
GF Value