BHG Retail REIT (SGX:BMGU) Days Payable: 381.23 (As of Dec. 2025) — 30% Above Median

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SGX:BMGU BHG Retail REIT SGX:BMGU
29 GF Score
Price S$0.47
GF Value S$0.39
Valuation Modestly Overvalued
! 11 Warning Signs
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What is BHG Retail REIT Days Payable?

BHG Retail REIT SGX:BMGU +1.09% 29 Days Payable is 381.23 as of Dec. 2025, which is 30% above its 10-year median of 293.49. GuruFocus rates SGX:BMGU with a GF Score™ of 29/100 and a GF Value™ of S$0.39 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 539 REITs companies, BHG Retail REIT ranks better than 84.04% on this metric.

BHG Retail REIT's average Accounts Payable for the six months ended in Dec. 2025 was S$27.36 Mil. BHG Retail REIT's Cost of Goods Sold for the six months ended in Dec. 2025 was S$13.10 Mil. Hence, BHG Retail REIT's Days Payable for the six months ended in Dec. 2025 was 381.23.

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

SGX:BMGU' s Days Payable Range Over the Past 10 Years
Min: 254.37   Med: 293.49   Max: 385.57
Current: 385.57

During the past 10 years, BHG Retail REIT's highest Days Payable was 385.57. The lowest was 254.37. And the median was 293.49.

SGX:BMGU's Days Payable is ranked better than
84.04% of 539 companies
in the REITs industry
Industry Median: 119.42 vs SGX:BMGU: 385.57

BHG Retail REIT's Days Payable increased from Dec. 2024 (323.65) to Dec. 2025 (381.23). It may suggest that BHG Retail REIT delayed paying its suppliers.


BHG Retail REIT Days Payable Historical Data

* Premium members only.

The historical data trend for BHG Retail REIT'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.

BHG Retail REIT Days Payable Chart

BHG Retail REIT 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 285.67 279.28 321.63 348.14 385.17

BHG Retail REIT 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 337.09 335.24 323.65 390.26 381.23

SGX:BMGU vs SPG, O, KIM: Days Payable Comparison

For the REIT - Retail subindustry, BHG Retail REIT'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.


BHG Retail REIT Days Payable vs REITs Industry

For the REITs industry and Real Estate sector, BHG Retail REIT's Days Payable distribution charts can be found below:

* The bar in red indicates where BHG Retail REIT's Days Payable falls into.


SGX:BMGU
29GF Score
BHG Retail REIT SGX:BMGU
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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BHG Retail REIT 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.

BHG Retail REIT'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
=( (28.94 + 26.775) / 2 ) / 26.399*365
=27.8575 / 26.399*365
=385.17

BHG Retail REIT'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
=( (27.946 + 26.775) / 2 ) / 13.098*365 / 2
=27.3605 / 13.098*365 / 2
=381.23

* 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 381.23 mean?
BHG Retail REIT (SGX:BMGU) has a Days Payable of 381.23 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 BHG Retail REIT and its competitors. This is 30% above median its historical median of 293.49. Over the past decade, BHG Retail REIT's Days Payable has ranged from 254.37 to 385.57. According to the industry distribution chart, BHG Retail REIT ranks #86 out of 539 companies in the REITs industry, placing it in the top 16%.
Is BHG Retail REIT's Days Payable too high?
BHG Retail REIT's current Days Payable of 381.23 is 30% above median its 10-year median of 293.49. Over the past 10 years, this metric has ranged from a low of 254.37 to a high of 385.57. The REITs industry median Days Payable is 119.42. BHG Retail REIT's value of 381.23 is 219.2% above this industry median. Based on the distribution chart, BHG Retail REIT ranks #86 out of 539 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, BHG Retail REIT has a GF Score™ of 29/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BHG Retail REIT's Days Payable compare to SPG and O?
According to the REITs industry distribution chart, BHG Retail REIT ranks #86 out of 539 companies for Days Payable. This places BHG Retail REIT in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 119.42. BHG Retail REIT's value of 381.23 is 219.2% above this benchmark. Historically, BHG Retail REIT's own Days Payable has ranged from 254.37 to 385.57 over the past decade. While the company's 10-year median is 293.49 vs. the industry median of 119.42, BHG Retail REIT 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 REITs company?
The median Days Payable among REITs companies is 119.42, based on 539 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. BHG Retail REIT's current Days Payable of 381.23 is 219.2% 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 BHG Retail REIT and its competitors. For the REITs industry, the median Days Payable is 119.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BHG Retail REIT's current Days Payable is 381.23, which is 30% above median its own 10-year median of 293.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BHG Retail REIT stock overvalued right now?
Based on GuruFocus' analysis, BHG Retail REIT (SGX:BMGU) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.39, compared to a current price of S$0.47 — trading 19.2% above its estimated fair value. The current Days Payable is 381.23, which is 30% above median its 10-year median of 293.49 and 219.2% above the REITs industry median of 119.42. BHG Retail REIT's overall GF Score™ is 29/100 with 11 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 BHG Retail REIT (SGX:BMGU), the current Days Payable is 381.23 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 BHG Retail REIT (SGX:BMGU) Overvalued in 2026?

Based on GuruFocus' analysis, BHG Retail REIT stock appears to be overvalued. The current stock price of S$0.47 is trading 19.2% above its estimated GF Value™ of S$0.39. GuruFocus considers BHG Retail REIT to be Modestly Overvalued.

Key valuation signals for SGX:BMGU:

  • Days Payable: 381.23 (30% above median its 10-year median of 293.49)
  • GF Value™: S$0.39 vs. price of S$0.47 (19.2% above fair value)
  • GF Score™: 29/100 with 11 warning signs
  • Industry Position: 219.2% above the REITs median (#86 of 539)

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


BHG Retail REIT Business Description

Industry Real EstateREITs
Address 12 Marina Boulevard, Level 44, Marina Bay Financial Centre, Tower 3, Singapore, SGP, 018982
BHG Retail REIT invests directly or indirectly, in a diversified portfolio of income-producing real estate that is used for retail purposes. Its portfolio comprises six retail properties, Beijing Wanliu Mall, Chengdu Konggang Mall, Hefei Mengchenglu Mall, Hefei Changjiangxilu, Xining Huayuan Mall and Dalian Jinsanjiao Property.
29GF Score

Get the complete analysis for SGX:BMGU

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

S$0.47
Price
S$0.39
GF Value