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BRC AsiaSGX:BEC +0.24%100 Days Payable is 25.49 as of Mar. 2026, which is 34% above its 10-year median of 19.03. GuruFocus rates SGX:BEC with a GF Score™ of 100/100 and a GF Value™ of S$2.86 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 598 Steel companies, BRC Asia ranks worse than 68.73% on this metric.
BRC Asia's average Accounts Payable for the
six
months ended in Mar. 2026 was S$117 Mil. BRC Asia's Cost of Goods Sold for the
six
months ended in Mar. 2026 was S$838 Mil.
Hence, BRC Asia's Days Payable for the
six
months ended in Mar. 2026 was 25.49.
The historical rank and industry rank for BRC Asia's Days Payable or its related term are showing as below:
SGX:BEC'
s Days Payable Range Over the Past 10 Years
Min: 7.39 Med: 19.03 Max: 54.82
Current: 27.08
During the past 13 years, BRC Asia's highest Days Payable was 54.82. The lowest was 7.39. And the median was 19.03.
SGX:BEC's Days Payable is ranked worse than 68.73% of 598
companies
in the Steel industry
Industry Median: 41.37
vs SGX:BEC: 27.08
BRC Asia's Days Payable
declined
from Mar. 2025 (28.19) to Mar. 2026 (25.49).
It may suggest that BRC Asiaaccelerated paying its suppliers.
BRC Asia Days Payable Related Terms
BRC Asia Days Payable Historical Data
* Premium members only.
The historical data trend for BRC Asia'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.
For the Steel subindustry, BRC Asia'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.
BRC Asia Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, BRC Asia's Days Payable distribution charts can be found below:
* The bar in red indicates where BRC Asia's Days Payable falls into.
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.
BRC Asia's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as
* 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.
BRC Asia (SGX:BEC) has a Days Payable of 25.49 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on BRC Asia and its competitors. This is 34% above median its historical median of 19.03. Over the past decade, BRC Asia's Days Payable has ranged from 7.39 to 54.82. According to the industry distribution chart, BRC Asia ranks #411 out of 598 companies in the Steel industry, placing it in the top 68.7%.
Is BRC Asia's Days Payable too high?
BRC Asia's current Days Payable of 25.49 is 34% above median its 10-year median of 19.03. Over the past 10 years, this metric has ranged from a low of 7.39 to a high of 54.82. The Steel industry median Days Payable is 41.37. BRC Asia's value of 25.49 is 38.4% below this industry median. Based on the distribution chart, BRC Asia ranks #411 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, BRC Asia has a GF Score™ of 100/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BRC Asia's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, BRC Asia ranks #411 out of 598 companies for Days Payable. This places BRC Asia in the lower half of its industry. The industry median Days Payable is 41.37. BRC Asia's value of 25.49 is 38.4% below this benchmark. Historically, BRC Asia's own Days Payable has ranged from 7.39 to 54.82 over the past decade. While the company's 10-year median is 19.03 vs. the industry median of 41.37, BRC Asia 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 41.37, based on 598 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. BRC Asia's current Days Payable of 25.49 is 38.4% 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 BRC Asia and its competitors. For the Steel industry, the median Days Payable is 41.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BRC Asia's current Days Payable is 25.49, which is 34% above median its own 10-year median of 19.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BRC Asia stock overvalued right now?
Based on GuruFocus' analysis, BRC Asia (SGX:BEC) is currently considered Significantly Overvalued. The stock's GF Value™ is S$2.86, compared to a current price of S$4.20 — trading 46.9% above its estimated fair value. The current Days Payable is 25.49, which is 34% above median its 10-year median of 19.03 and 38.4% below the Steel industry median of 41.37. BRC Asia's overall GF Score™ is 100/100 with 1 warning sign 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 BRC Asia (SGX:BEC), the current Days Payable is 25.49 as of Mar. 2026. 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 BRC Asia (SGX:BEC) Overvalued in 2026?
Based on GuruFocus' analysis, BRC Asia stock appears to be overvalued.
The current stock price of S$4.20 is trading 46.9% above its estimated GF Value™ of S$2.86.
GuruFocus considers BRC Asia to be Significantly Overvalued.
Key valuation signals for SGX:BEC:
Days Payable: 25.49 (34% above median its 10-year median of 19.03)
GF Value™: S$2.86 vs. price of S$4.20 (46.9% above fair value)
Industry Position: 38.4% below the Steel median (#411 of 598)
No single metric tells the full story. See the SGX:BEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BRC Asia Ltd is principally engaged in the prefabrication of steel reinforcement for use in concrete, trading of steel reinforcing bars, and manufacturing and sale of wire mesh fences. The company's reportable segments are: (i) The fabrication and manufacturing segment is involved in the business of processing and prefabrication of steel reinforcement, including sale of standard-length rebar, for use in concrete. (ii) Trading segment is involved in trading of steel and steel related products in both domestic and international market. (iii) Others relates to leasing of properties. The majority of the company's revenue is derived from the Fabrication and manufacturing segment. Geographically, it derives the maximum revenue from Singapore.
100GF Score
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