Southern Packaging Group (SGX:BQP) Days Payable: 99.05 (As of Dec. 2025) — Near Median

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SGX:BQP Southern Packaging Group Ltd SGX:BQP
36 GF Score
Price S$0.32
GF Value S$0.42
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Southern Packaging Group Days Payable?

Southern Packaging Group SGX:BQP 36 Days Payable is 99.05 as of Dec. 2025, which is at its 10-year median of 99.05. GuruFocus rates SGX:BQP with a GF Score™ of 36/100 and a GF Value™ of S$0.42 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 383 Packaging & Containers companies, Southern Packaging Group ranks better than 84.07% on this metric.

Southern Packaging Group's average Accounts Payable for the six months ended in Dec. 2025 was S$26.1 Mil. Southern Packaging Group's Cost of Goods Sold for the six months ended in Dec. 2025 was S$48.1 Mil. Hence, Southern Packaging Group's Days Payable for the six months ended in Dec. 2025 was 99.05.

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

SGX:BQP' s Days Payable Range Over the Past 10 Years
Min: 72.46   Med: 99.05   Max: 217.86
Current: 110.49

During the past 13 years, Southern Packaging Group's highest Days Payable was 217.86. The lowest was 72.46. And the median was 99.05.

SGX:BQP's Days Payable is ranked better than
84.07% of 383 companies
in the Packaging & Containers industry
Industry Median: 57.27 vs SGX:BQP: 110.49

Southern Packaging Group's Days Payable declined from Dec. 2024 (105.30) to Dec. 2025 (99.05). It may suggest that Southern Packaging Group accelerated paying its suppliers.


Southern Packaging Group Days Payable Historical Data

* Premium members only.

The historical data trend for Southern Packaging Group'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.

Southern Packaging Group Days Payable Chart

Southern Packaging Group 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 117.83 217.86 155.33 119.65 113.21

Southern Packaging Group 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 120.38 129.62 105.30 118.86 99.05

SGX:BQP vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, Southern Packaging Group'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.


Southern Packaging Group Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Southern Packaging Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Southern Packaging Group's Days Payable falls into.


SGX:BQP
36GF Score
Southern Packaging Group Ltd SGX:BQP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Southern Packaging Group 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.

Southern Packaging Group'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
=( (30.821 + 26.592) / 2 ) / 92.556*365
=28.7065 / 92.556*365
=113.21

Southern Packaging Group'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
=( (25.619 + 26.592) / 2 ) / 48.098*365 / 2
=26.1055 / 48.098*365 / 2
=99.05

* 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 99.05 mean?
Southern Packaging Group (SGX:BQP) has a Days Payable of 99.05 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 Southern Packaging Group and its competitors. This is near median its historical median of 99.05. Over the past decade, Southern Packaging Group's Days Payable has ranged from 72.46 to 217.86. According to the industry distribution chart, Southern Packaging Group ranks #61 out of 383 companies in the Packaging & Containers industry, placing it in the top 15.9%.
Is Southern Packaging Group's Days Payable too high?
Southern Packaging Group's current Days Payable of 99.05 is near median its 10-year median of 99.05. Over the past 10 years, this metric has ranged from a low of 72.46 to a high of 217.86. The Packaging & Containers industry median Days Payable is 57.27. Southern Packaging Group's value of 99.05 is 73% above this industry median. Based on the distribution chart, Southern Packaging Group ranks #61 out of 383 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Southern Packaging Group has a GF Score™ of 36/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Southern Packaging Group's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Southern Packaging Group ranks #61 out of 383 companies for Days Payable. This places Southern Packaging Group in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.27. Southern Packaging Group's value of 99.05 is 73% above this benchmark. Historically, Southern Packaging Group's own Days Payable has ranged from 72.46 to 217.86 over the past decade. While the company's 10-year median is 99.05 vs. the industry median of 57.27, Southern Packaging Group 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.27, based on 383 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. Southern Packaging Group's current Days Payable of 99.05 is 73% 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 Southern Packaging Group and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Packaging Group's current Days Payable is 99.05, which is near median its own 10-year median of 99.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Packaging Group stock overvalued right now?
Based on GuruFocus' analysis, Southern Packaging Group (SGX:BQP) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.42, compared to a current price of S$0.32 — trading 23.8% below its estimated fair value. The current Days Payable is 99.05, which is near median its 10-year median of 99.05 and 73% above the Packaging & Containers industry median of 57.27. Southern Packaging Group's overall GF Score™ is 36/100 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 Southern Packaging Group (SGX:BQP), the current Days Payable is 99.05 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 Southern Packaging Group (SGX:BQP) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Packaging Group stock appears to be undervalued. The current stock price of S$0.32 is trading 23.8% below its estimated GF Value™ of S$0.42. GuruFocus considers Southern Packaging Group to be Modestly Undervalued.

Key valuation signals for SGX:BQP:

  • Days Payable: 99.05 (near median its 10-year median of 99.05)
  • GF Value™: S$0.42 vs. price of S$0.32 (23.8% below fair value)
  • GF Score™: 36/100 with 7 warning signs
  • Industry Position: 73% above the Packaging & Containers median (#61 of 383)

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


Southern Packaging Group Business Description

Address No 9 Foping Four Road, Gui Cheng Sub-district, Nanhai District, Guangdong Province, Foshan, CHN, 528251
Southern Packaging Group Ltd is engaged in the production of flexible and rigid packaging products used in the food, medical, personal grooming, and household industries. It has three segments Flexible packaging segment mainly manufactures plastic packaging bags with designs supplied by customers for the pharmaceutical industry, food and beverage industry, and hygiene industry; the Rigid packaging segment mainly manufactures polyethylene terephthalate (PET) bottles together with the printing of design onto the bottle for the pharmaceutical industry, food and beverage industry, and hygiene industry; property development segment refers to business of developing and holding property for future sale in the ordinary course of business or earn rental income.
36GF Score

Get the complete analysis for SGX:BQP

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

S$0.32
Price
S$0.42
GF Value