TSH (SGX:KUH) Days Payable: 227.56 (As of Jun. 2026) — 271% Above Median

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SGX:KUH TSH Corp Ltd SGX:KUH
51 GF Score
Price S$0.14
GF Value S$0.13
Valuation Fairly Valued
! 3 Warning Signs
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What is TSH Days Payable?

TSH SGX:KUH 51 Days Payable is 227.56 as of Jun. 2026, which is 271% above its 10-year median of 61.40. GuruFocus rates SGX:KUH with a GF Score™ of 51/100 and a GF Value™ of S$0.13 (Fairly Valued). The stock has 3 warning signs investors should review. Among 353 Restaurants companies, TSH ranks better than 94.05% on this metric.

TSH's average Accounts Payable for the six months ended in Jun. 2026 was S$1.61 Mil. TSH's Cost of Goods Sold for the six months ended in Jun. 2026 was S$1.29 Mil. Hence, TSH's Days Payable for the six months ended in Jun. 2026 was 227.56.

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

SGX:KUH' s Days Payable Range Over the Past 10 Years
Min: 42.7   Med: 61.4   Max: 194
Current: 194

During the past 13 years, TSH's highest Days Payable was 194.00. The lowest was 42.70. And the median was 61.40.

SGX:KUH's Days Payable is ranked better than
94.05% of 353 companies
in the Restaurants industry
Industry Median: 34.43 vs SGX:KUH: 194.00

TSH's Days Payable increased from Jun. 2025 (144.56) to Jun. 2026 (227.56). It may suggest that TSH delayed paying its suppliers.


TSH Days Payable Historical Data

* Premium members only.

The historical data trend for TSH'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.

TSH Days Payable Chart

TSH 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 74.58 60.30 72.31 61.40 44.13

TSH Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 210.08 138.75 144.56 109.43 227.56

SGX:KUH vs MCD, SBUX, YUM: Days Payable Comparison

For the Restaurants subindustry, TSH'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.


TSH Days Payable vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, TSH's Days Payable distribution charts can be found below:

* The bar in red indicates where TSH's Days Payable falls into.


SGX:KUH
51GF Score
TSH Corp Ltd SGX:KUH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSH 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.

TSH'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
=( (0.396 + 0.41) / 2 ) / 3.333*365
=0.403 / 3.333*365
=44.13

TSH's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (0.41 + 2.812) / 2 ) / 1.292*365 / 2
=1.611 / 1.292*365 / 2
=227.56

* 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 227.56 mean?
TSH (SGX:KUH) has a Days Payable of 227.56 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on TSH and its competitors. This is 271% above median its historical median of 61.40. Over the past decade, TSH's Days Payable has ranged from 42.70 to 194.00. According to the industry distribution chart, TSH ranks #21 out of 353 companies in the Restaurants industry, placing it in the top 5.9%.
Is TSH's Days Payable too high?
TSH's current Days Payable of 227.56 is 271% above median its 10-year median of 61.40. Over the past 10 years, this metric has ranged from a low of 42.70 to a high of 194.00. The Restaurants industry median Days Payable is 34.43. TSH's value of 227.56 is 560.9% above this industry median. Based on the distribution chart, TSH ranks #21 out of 353 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, TSH has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TSH's Days Payable compare to MCD and SBUX?
According to the Restaurants industry distribution chart, TSH ranks #21 out of 353 companies for Days Payable. This places TSH in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 34.43. TSH's value of 227.56 is 560.9% above this benchmark. Historically, TSH's own Days Payable has ranged from 42.70 to 194.00 over the past decade. While the company's 10-year median is 61.40 vs. the industry median of 34.43, TSH 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 Restaurants company?
The median Days Payable among Restaurants companies is 34.43, based on 353 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. TSH's current Days Payable of 227.56 is 560.9% 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 TSH and its competitors. For the Restaurants industry, the median Days Payable is 34.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSH's current Days Payable is 227.56, which is 271% above median its own 10-year median of 61.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSH stock overvalued right now?
Based on GuruFocus' analysis, TSH (SGX:KUH) is currently considered Fairly Valued. The stock's GF Value™ is S$0.13, compared to a current price of S$0.14 — trading 6.9% above its estimated fair value. The current Days Payable is 227.56, which is 271% above median its 10-year median of 61.40 and 560.9% above the Restaurants industry median of 34.43. TSH's overall GF Score™ is 51/100 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 TSH (SGX:KUH), the current Days Payable is 227.56 as of Jun. 2026. 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 TSH (SGX:KUH) Overvalued in 2026?

Based on GuruFocus' analysis, TSH stock appears to be overvalued. The current stock price of S$0.14 is trading 6.9% above its estimated GF Value™ of S$0.13. GuruFocus considers TSH to be Fairly Valued.

Key valuation signals for SGX:KUH:

  • Days Payable: 227.56 (271% above median its 10-year median of 61.40)
  • GF Value™: S$0.13 vs. price of S$0.14 (6.9% above fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 560.9% above the Restaurants median (#21 of 353)

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


TSH Business Description

Address 315 Outram Road, No. 14-02 Tan Boon Liat Building, Singapore, SGP, 169074
TSH Corp Ltd is an investment holding company. Along with its subsidiaries, it runs a dynamic chain of bars, namely: Quaich Bar Collector, Quaich Bar Avant-garde, Quaich Bar Wanderlust, The Other Room, Signature Reserve, Capitol Cigar & Whisky Lounge. The group also distributes premium spirits through The Whisky Store and runs a whisky-dedicated exhibition, Whisky Journey. It operates in a single segment, focused on the wholesale and retail sale of food and beverage businesses. Geographically, it operates only in Singapore.
51GF Score

Get the complete analysis for SGX:KUH

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

S$0.14
Price
S$0.13
GF Value