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Hoe LeongSGX:H20 Days Payable is 40.39 as of Dec. 2025, which is 7% above its 10-year median of 37.68. The stock has 3 warning signs investors should review. Among 155 Industrial Distribution companies, Hoe Leong ranks worse than 78.71% on this metric.
Hoe Leong's average Accounts Payable for the
six
months ended in Dec. 2025 was S$3.02 Mil. Hoe Leong's Cost of Goods Sold for the
six
months ended in Dec. 2025 was S$13.65 Mil.
Hence, Hoe Leong's Days Payable for the
six
months ended in Dec. 2025 was 40.39.
The historical rank and industry rank for Hoe Leong's Days Payable or its related term are showing as below:
SGX:H20'
s Days Payable Range Over the Past 10 Years
Min: 29.91 Med: 37.68 Max: 80.93
Current: 34.29
During the past 13 years, Hoe Leong's highest Days Payable was 80.93. The lowest was 29.91. And the median was 37.68.
SGX:H20's Days Payable is ranked worse than 78.71% of 155
companies
in the Industrial Distribution industry
Industry Median: 56.57
vs SGX:H20: 34.29
Hoe Leong's Days Payable
increased
from Dec. 2024 (29.34) to Dec. 2025 (40.39).
It may suggest that Hoe Leongdelayed paying its suppliers.
Hoe Leong Days Payable Related Terms
Hoe Leong Days Payable Historical Data
* Premium members only.
The historical data trend for Hoe Leong'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.
SGX:H20 vs GWW, FAST, FERG: Days Payable Comparison
For the Industrial Distribution subindustry, Hoe Leong'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.
Hoe Leong Days Payable vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Hoe Leong's Days Payable distribution charts can be found below:
* The bar in red indicates where Hoe Leong'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.
Hoe Leong's Days Payable for the fiscal year that ended in Dec. 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.
Hoe Leong (SGX:H20) has a Days Payable of 40.39 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 Hoe Leong and its competitors. This is near median its historical median of 37.68. Over the past decade, Hoe Leong's Days Payable has ranged from 29.91 to 80.93. According to the industry distribution chart, Hoe Leong ranks #122 out of 155 companies in the Industrial Distribution industry, placing it in the top 78.7%.
Is Hoe Leong's Days Payable too high?
Hoe Leong's current Days Payable of 40.39 is near median its 10-year median of 37.68. Over the past 10 years, this metric has ranged from a low of 29.91 to a high of 80.93. The Industrial Distribution industry median Days Payable is 56.57. Hoe Leong's value of 40.39 is 28.6% below this industry median. Based on the distribution chart, Hoe Leong ranks #122 out of 155 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers.
How does Hoe Leong's Days Payable compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Hoe Leong ranks #122 out of 155 companies for Days Payable. This places Hoe Leong in the lower half of its industry. The industry median Days Payable is 56.57. Hoe Leong's value of 40.39 is 28.6% below this benchmark. Historically, Hoe Leong's own Days Payable has ranged from 29.91 to 80.93 over the past decade. While the company's 10-year median is 37.68 vs. the industry median of 56.57, Hoe Leong 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 an Industrial Distribution company?
The median Days Payable among Industrial Distribution companies is 56.57, based on 155 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. Hoe Leong's current Days Payable of 40.39 is 28.6% 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 Hoe Leong and its competitors. For the Industrial Distribution industry, the median Days Payable is 56.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoe Leong's current Days Payable is 40.39, which is near median its own 10-year median of 37.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoe Leong stock overvalued right now?
Hoe Leong (SGX:H20) has a current Days Payable of 40.39. The current Days Payable is 40.39, which is near median its 10-year median of 37.68 and 28.6% below the Industrial Distribution industry median of 56.57. 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 Hoe Leong (SGX:H20), the current Days Payable is 40.39 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.
Hoe Leong Corp Ltd specializes in providing undercarriage products, equipment parts, and services for heavy equipment and industrial machinery. Its offerings include an extensive range of parts for bulldozers, excavators, wheel loaders, and off-the-road (OTR) mining dump trucks, such as track frames, track chains and groups, rollers, shoes, sprockets, grouser parts, idlers, and OTR tires. The Group's reportable segments are Design and manufacture, Trading and distribution, and Investment Holding. Maximum revenue is derived from the Design and manufacture segment, which designs, manufactures, and sells equipment parts for both heavy equipment and industrial machinery under in-house brands like KBJ, ROSSI, and MIZU. Geographically, it operates globally and derives key revenue from Australia.
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