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Hong Leong AsiaSGX:H22 +0.72%59 Days Payable is 231.94 as of Dec. 2025, which is 60% above its 10-year median of 145.41. GuruFocus rates SGX:H22 with a GF Score™ of 59/100 and a GF Value™ of S$1.00 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,304 Vehicles & Parts companies, Hong Leong Asia ranks better than 90.8% on this metric.
The historical rank and industry rank for Hong Leong Asia's Days Payable or its related term are showing as below:
SGX:H22'
s Days Payable Range Over the Past 10 Years
Min: 123.51 Med: 145.41 Max: 186.33
Current: 186.33
During the past 13 years, Hong Leong Asia's highest Days Payable was 186.33. The lowest was 123.51. And the median was 145.41.
SGX:H22's Days Payable is ranked better than 90.8% of 1304
companies
in the Vehicles & Parts industry
Industry Median: 67.35
vs SGX:H22: 186.33
Hong Leong Asia's Days Payable
increased
from Dec. 2024 (215.91) to Dec. 2025 (231.94).
It may suggest that Hong Leong Asiadelayed paying its suppliers.
Hong Leong Asia Days Payable Related Terms
Hong Leong Asia Days Payable Historical Data
* Premium members only.
The historical data trend for Hong Leong Asia'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.
For the Auto Manufacturers subindustry, Hong Leong Asia'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.
Hong Leong Asia Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hong Leong Asia's Days Payable distribution charts can be found below:
* The bar in red indicates where Hong Leong Asia'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.
Hong Leong Asia'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.
Hong Leong Asia (SGX:H22) has a Days Payable of 231.94 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 Hong Leong Asia and its competitors. This is 60% above median its historical median of 145.41. Over the past decade, Hong Leong Asia's Days Payable has ranged from 123.51 to 186.33. According to the industry distribution chart, Hong Leong Asia ranks #120 out of 1304 companies in the Vehicles & Parts industry, placing it in the top 9.2%.
Is Hong Leong Asia's Days Payable too high?
Hong Leong Asia's current Days Payable of 231.94 is 60% above median its 10-year median of 145.41. Over the past 10 years, this metric has ranged from a low of 123.51 to a high of 186.33. The Vehicles & Parts industry median Days Payable is 67.35. Hong Leong Asia's value of 231.94 is 244.4% above this industry median. Based on the distribution chart, Hong Leong Asia ranks #120 out of 1304 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Hong Leong Asia has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hong Leong Asia's Days Payable compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Hong Leong Asia ranks #120 out of 1304 companies for Days Payable. This places Hong Leong Asia in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.35. Hong Leong Asia's value of 231.94 is 244.4% above this benchmark. Historically, Hong Leong Asia's own Days Payable has ranged from 123.51 to 186.33 over the past decade. While the company's 10-year median is 145.41 vs. the industry median of 67.35, Hong Leong Asia 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.35, based on 1,304 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. Hong Leong Asia's current Days Payable of 231.94 is 244.4% 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 Hong Leong Asia and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Leong Asia's current Days Payable is 231.94, which is 60% above median its own 10-year median of 145.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Leong Asia stock overvalued right now?
Based on GuruFocus' analysis, Hong Leong Asia (SGX:H22) is currently considered Significantly Overvalued. The stock's GF Value™ is S$1.00, compared to a current price of S$2.78 — trading 178% above its estimated fair value. The current Days Payable is 231.94, which is 60% above median its 10-year median of 145.41 and 244.4% above the Vehicles & Parts industry median of 67.35. Hong Leong Asia's overall GF Score™ is 59/100 with 3 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 Hong Leong Asia (SGX:H22), the current Days Payable is 231.94 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 Hong Leong Asia (SGX:H22) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Leong Asia stock appears to be overvalued.
The current stock price of S$2.78 is trading 178% above its estimated GF Value™ of S$1.00.
GuruFocus considers Hong Leong Asia to be Significantly Overvalued.
Key valuation signals for SGX:H22:
Days Payable: 231.94 (60% above median its 10-year median of 145.41)
GF Value™: S$1.00 vs. price of S$2.78 (178% above fair value)
Industry Position: 244.4% above the Vehicles & Parts median (#120 of 1304)
No single metric tells the full story. See the SGX:H22 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hong Leong Asia Ltd is the industrial manufacturing and distribution division of Hong Leong Group Singapore. It operates as the diversified industrial conglomerate in China and Southeast Asia. Its reportable segments are Powertrain solutions: engines for on-road, off-road, genset and marine applications. and Building materials: cement, precast concrete products, ready-mix concrete and quarry products. Geographically it derives key revenue from China.
59GF Score
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