Koda (SGX:BJZ) Days Payable: 18.26 (As of Jun. 2026) — 36% Below Median

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SGX:BJZ Koda Ltd SGX:BJZ
50 GF Score
Price S$0.35
GF Value S$0.31
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Koda Days Payable?

Koda SGX:BJZ 50 Days Payable is 18.26 as of Jun. 2026, which is 36% below its 10-year median of 28.74. GuruFocus rates SGX:BJZ with a GF Score™ of 50/100 and a GF Value™ of S$0.31 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 414 Furnishings, Fixtures & Appliances companies, Koda ranks worse than 79.71% on this metric.

Koda's average Accounts Payable for the six months ended in Jun. 2026 was S$6.14 Mil. Koda's Cost of Goods Sold for the six months ended in Jun. 2026 was S$30.70 Mil. Hence, Koda's Days Payable for the six months ended in Jun. 2026 was 36.51.

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

SGX:BJZ' s Days Payable Range Over the Past 10 Years
Min: 21.17   Med: 28.74   Max: 44.1
Current: 34.76

During the past 13 years, Koda's highest Days Payable was 44.10. The lowest was 21.17. And the median was 28.74.

SGX:BJZ's Days Payable is ranked worse than
79.71% of 414 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.03 vs SGX:BJZ: 34.76

Koda's Days Payable declined from Jun. 2025 (18.57) to Jun. 2026 (18.26). It may suggest that Koda accelerated paying its suppliers.


Koda Days Payable Historical Data

* Premium members only.

The historical data trend for Koda'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.

Koda Days Payable Chart

Koda Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.33 40.96 40.54 42.64 41.65

Koda 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 20.86 20.13 18.57 14.91 18.26

SGX:BJZ vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Koda'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.


Koda Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Koda's Days Payable distribution charts can be found below:

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


SGX:BJZ
50GF Score
Koda Ltd SGX:BJZ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Koda 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.

Koda's Days Payable for the fiscal year that ended in Jun. 2026 is calculated as

Days Payable (A: Jun. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2025 ) + Accounts Payable (A: Jun. 2026 )) / count ) / Cost of Goods Sold (A: Jun. 2026 )*Days in Period
=( (4.6029711 + 8.3634477) / 2 ) / 56.811467896658*365
=6.4832094 / 56.811467896658*365
=41.65

Koda'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
=( (3.919728 + 8.3634477) / 2 ) / 30.699485512012*365 / 2
=6.14158785 / 30.699485512012*365 / 2
=36.51

* 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 18.26 mean?
Koda (SGX:BJZ) has a Days Payable of 18.26 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 Koda and its competitors. This is 36% below median its historical median of 28.74. Over the past decade, Koda's Days Payable has ranged from 21.17 to 44.10. According to the industry distribution chart, Koda ranks #330 out of 414 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 79.7%.
Is Koda's Days Payable too high?
Koda's current Days Payable of 18.26 is 36% below median its 10-year median of 28.74. Over the past 10 years, this metric has ranged from a low of 21.17 to a high of 44.10. The Furnishings, Fixtures & Appliances industry median Days Payable is 66.03. Koda's value of 18.26 is 72.3% below this industry median. Based on the distribution chart, Koda ranks #330 out of 414 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Koda has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Koda's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Koda ranks #330 out of 414 companies for Days Payable. This places Koda in the lower half of its industry. The industry median Days Payable is 66.03. Koda's value of 18.26 is 72.3% below this benchmark. Historically, Koda's own Days Payable has ranged from 21.17 to 44.10 over the past decade. While the company's 10-year median is 28.74 vs. the industry median of 66.03, Koda 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 66.03, based on 414 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. Koda's current Days Payable of 18.26 is 72.3% 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 Koda and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 66.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koda's current Days Payable is 18.26, which is 36% below median its own 10-year median of 28.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koda stock overvalued right now?
Based on GuruFocus' analysis, Koda (SGX:BJZ) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.31, compared to a current price of S$0.35 — trading 11.3% above its estimated fair value. The current Days Payable is 18.26, which is 36% below median its 10-year median of 28.74 and 72.3% below the Furnishings, Fixtures & Appliances industry median of 66.03. Koda's overall GF Score™ is 50/100 with 8 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 Koda (SGX:BJZ), the current Days Payable is 18.26 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.

Is Koda (SGX:BJZ) Overvalued in 2026?

Based on GuruFocus' analysis, Koda stock appears to be overvalued. The current stock price of S$0.35 is trading 11.3% above its estimated GF Value™ of S$0.31. GuruFocus considers Koda to be Modestly Overvalued.

Key valuation signals for SGX:BJZ:

  • Days Payable: 18.26 (36% below median its 10-year median of 28.74)
  • GF Value™: S$0.31 vs. price of S$0.35 (11.3% above fair value)
  • GF Score™: 50/100 with 8 warning signs
  • Industry Position: 72.3% below the Furnishings, Fixtures & Appliances median (#330 of 414)

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


Koda Business Description

Address 18 Tagore Lane, Sindo Industrial Estate, Singapore, SGP, 787477
Koda Ltd is a Singapore-based operates in the business of home furnishings and fixtures. It designs and manufactures furniture for the dining room, living room, bedroom, and other applications, offering chairs and tables, outdoor and garden furniture, bedroom furniture, etc. The group operates in two reportable segments, namely Manufacturing and Retail and Distribution. The majority of its revenue is generated from the Manufacturing segment. Geographically, the group generates maximum revenue from North America, followed by Asia-Pacific, Europe, and other regions.
50GF Score

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

S$0.35
Price
S$0.31
GF Value