Tiong Seng Holdings (SGX:BFI) Days Payable: 418.88 (As of Jun. 2026) — 256% Above Median

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What is Tiong Seng Holdings Days Payable?

Tiong Seng Holdings SGX:BFI Days Payable is 418.88 as of Jun. 2026, which is 256% above its 10-year median of 117.72. The stock has 3 warning signs investors should review. Among 1,723 Construction companies, Tiong Seng Holdings ranks better than 81.02% on this metric.

Tiong Seng Holdings's average Accounts Payable for the six months ended in Jun. 2026 was S$157.0 Mil. Tiong Seng Holdings's Cost of Goods Sold for the six months ended in Jun. 2026 was S$68.4 Mil. Hence, Tiong Seng Holdings's Days Payable for the six months ended in Jun. 2026 was 418.88.

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

SGX:BFI' s Days Payable Range Over the Past 10 Years
Min: 80.3   Med: 117.72   Max: 200.68
Current: 199.95

During the past 13 years, Tiong Seng Holdings's highest Days Payable was 200.68. The lowest was 80.30. And the median was 117.72.

SGX:BFI's Days Payable is ranked better than
81.02% of 1723 companies
in the Construction industry
Industry Median: 76.61 vs SGX:BFI: 199.95

Tiong Seng Holdings's Days Payable increased from Jun. 2025 (154.06) to Jun. 2026 (418.88). It may suggest that Tiong Seng Holdings delayed paying its suppliers.


Tiong Seng Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Tiong Seng 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.

Tiong Seng Holdings Days Payable Chart

Tiong Seng 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 111.19 80.30 87.81 81.06 161.79

Tiong Seng Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 87.60 74.84 154.06 126.18 418.88

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

For the Engineering & Construction subindustry, Tiong Seng 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.


Tiong Seng Holdings Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Tiong Seng Holdings's Days Payable distribution charts can be found below:

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



Tiong Seng 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.

Tiong Seng 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
=( (113.053 + 154.798) / 2 ) / 302.135*365
=133.9255 / 302.135*365
=161.79

Tiong Seng Holdings's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (154.798 + 159.286) / 2 ) / 68.421*365 / 2
=157.042 / 68.421*365 / 2
=418.88

* 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 418.88 mean?
Tiong Seng Holdings (SGX:BFI) has a Days Payable of 418.88 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tiong Seng Holdings and its competitors. This is 256% above median its historical median of 117.72. Over the past decade, Tiong Seng Holdings' Days Payable has ranged from 80.30 to 200.68. According to the industry distribution chart, Tiong Seng Holdings ranks #327 out of 1723 companies in the Construction industry, placing it in the top 19%.
Is Tiong Seng Holdings' Days Payable too high?
Tiong Seng Holdings' current Days Payable of 418.88 is 256% above median its 10-year median of 117.72. Over the past 10 years, this metric has ranged from a low of 80.30 to a high of 200.68. The Construction industry median Days Payable is 76.61. Tiong Seng Holdings' value of 418.88 is 446.8% above this industry median. Based on the distribution chart, Tiong Seng Holdings ranks #327 out of 1723 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does Tiong Seng Holdings' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Tiong Seng Holdings ranks #327 out of 1723 companies for Days Payable. This places Tiong Seng Holdings in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.61. Tiong Seng Holdings' value of 418.88 is 446.8% above this benchmark. Historically, Tiong Seng Holdings' own Days Payable has ranged from 80.30 to 200.68 over the past decade. While the company's 10-year median is 117.72 vs. the industry median of 76.61, Tiong Seng Holdings 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 76.61, based on 1,723 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. Tiong Seng Holdings's current Days Payable of 418.88 is 446.8% 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 Tiong Seng Holdings and its competitors. For the Construction industry, the median Days Payable is 76.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tiong Seng Holdings's current Days Payable is 418.88, which is 256% above median its own 10-year median of 117.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiong Seng Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tiong Seng Holdings (SGX:BFI) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.04, compared to a current price of S$0.07 — trading 82.5% above its estimated fair value. The current Days Payable is 418.88, which is 256% above median its 10-year median of 117.72 and 446.8% above the Construction industry median of 76.61. 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 Tiong Seng Holdings (SGX:BFI), the current Days Payable is 418.88 as of Jun. 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.

Tiong Seng Holdings Business Description

Address 30A Kallang Place, No. 04-01 to 04-11, Singapore, SGP, 339213
Tiong Seng Holdings Ltd operates as a construction and civil engineering contractor in Singapore. It is principally engaged in building construction, civil engineering, engineering solutions and property development in Singapore and PRC. The company has three segments: Construction, which derives the majority of revenue and relates to acting as main contractors in the construction and civil engineering projects and provision of construction; Engineering solutions, which relates to manufacturing and supplying precast and prefabricated components and provision of steel and mass-engineered timber; Property development: relates to the development and sales of properties. Geographically, the company generates the maximum revenue from Singapore.