Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Hong FokSGX:H30 -0.55%50 Days Payable is 447.35 as of Dec. 2025, which is 405% above its 10-year median of 88.62. GuruFocus rates SGX:H30 with a GF Score™ of 50/100 and a GF Value™ of S$0.66 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,573 Real Estate companies, Hong Fok ranks better than 82.9% on this metric.
Hong Fok's average Accounts Payable for the
six
months ended in Dec. 2025 was S$19.03 Mil. Hong Fok's Cost of Goods Sold for the
six
months ended in Dec. 2025 was S$7.76 Mil.
Hence, Hong Fok's Days Payable for the
six
months ended in Dec. 2025 was 447.35.
The historical rank and industry rank for Hong Fok's Days Payable or its related term are showing as below:
SGX:H30'
s Days Payable Range Over the Past 10 Years
Min: 20.5 Med: 88.62 Max: 666.07
Current: 353.35
During the past 13 years, Hong Fok's highest Days Payable was 666.07. The lowest was 20.50. And the median was 88.62.
SGX:H30's Days Payable is ranked better than 82.9% of 1573
companies
in the Real Estate industry
Industry Median: 92.43
vs SGX:H30: 353.35
Hong Fok's Days Payable
increased
from Dec. 2024 (216.50) to Dec. 2025 (447.35).
It may suggest that Hong Fokdelayed paying its suppliers.
The historical data trend for Hong Fok'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:H30 vs CBRE, BEKE, JLL: Days Payable Comparison
For the Real Estate Services subindustry, Hong Fok'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 Fok Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Hong Fok's Days Payable distribution charts can be found below:
* The bar in red indicates where Hong Fok'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 Fok'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 Fok (SGX:H30) has a Days Payable of 447.35 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 Fok and its competitors. This is 405% above median its historical median of 88.62. Over the past decade, Hong Fok's Days Payable has ranged from 20.50 to 666.07. According to the industry distribution chart, Hong Fok ranks #269 out of 1573 companies in the Real Estate industry, placing it in the top 17.1%.
Is Hong Fok's Days Payable too high?
Hong Fok's current Days Payable of 447.35 is 405% above median its 10-year median of 88.62. Over the past 10 years, this metric has ranged from a low of 20.50 to a high of 666.07. The Real Estate industry median Days Payable is 92.43. Hong Fok's value of 447.35 is 384% above this industry median. Based on the distribution chart, Hong Fok ranks #269 out of 1573 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Hong Fok has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hong Fok's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Hong Fok ranks #269 out of 1573 companies for Days Payable. This places Hong Fok in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 92.43. Hong Fok's value of 447.35 is 384% above this benchmark. Historically, Hong Fok's own Days Payable has ranged from 20.50 to 666.07 over the past decade. While the company's 10-year median is 88.62 vs. the industry median of 92.43, Hong Fok 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 Real Estate company?
The median Days Payable among Real Estate companies is 92.43, based on 1,573 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 Fok's current Days Payable of 447.35 is 384% 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 Fok and its competitors. For the Real Estate industry, the median Days Payable is 92.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Fok's current Days Payable is 447.35, which is 405% above median its own 10-year median of 88.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Fok stock overvalued right now?
Based on GuruFocus' analysis, Hong Fok (SGX:H30) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.66, compared to a current price of S$0.91 — trading 37.1% above its estimated fair value. The current Days Payable is 447.35, which is 405% above median its 10-year median of 88.62 and 384% above the Real Estate industry median of 92.43. Hong Fok's overall GF Score™ is 50/100 with 5 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 Fok (SGX:H30), the current Days Payable is 447.35 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 Fok (SGX:H30) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Fok stock appears to be overvalued.
The current stock price of S$0.91 is trading 37.1% above its estimated GF Value™ of S$0.66.
GuruFocus considers Hong Fok to be Significantly Overvalued.
Key valuation signals for SGX:H30:
Days Payable: 447.35 (405% above median its 10-year median of 88.62)
GF Value™: S$0.66 vs. price of S$0.91 (37.1% above fair value)
Industry Position: 384% above the Real Estate median (#269 of 1573)
No single metric tells the full story. See the SGX:H30 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hong Fok Corp Ltd is an investment holding company. The principal activities of the company consist of investment, property development and construction, property management, investment trading, provision of horticultural services, and investment holding and management. The company has three reportable segments: Property investment, which includes investments in investment properties; Property development and construction, which develops retail and residential units, including the sale of residential units, and construction of a hotel; and Property management, which provides maintenance and management services. The company generates majority of its revenue from the Property development and construction segment.
50GF Score
Get the complete analysis for SGX:H30
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGX:H30 has been successfully added to your 
