AF Global (SGX:L38) Days Payable: 84.49 (As of Jun. 2025) — 45% Above Median

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SGX:L38 AF Global Ltd SGX:L38
33 GF Score
Price S$0.11
GF Value S$0.13
! 6 Warning Signs
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What is AF Global Days Payable?

AF Global SGX:L38 33 Days Payable is 84.49 as of Jun. 2025, which is 45% above its 10-year median of 58.13. GuruFocus rates SGX:L38 with a GF Score™ of 33/100 and a GF Value™ of S$0.13. The stock has 6 warning signs investors should review.

AF Global's average Accounts Payable for the six months ended in Jun. 2025 was S$2.50 Mil. AF Global's Cost of Goods Sold for the six months ended in Jun. 2025 was S$5.40 Mil. Hence, AF Global's Days Payable for the six months ended in Jun. 2025 was 84.49.

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

SGX:L38' s Days Payable Range Over the Past 10 Years
Min: 40.87   Med: 58.13   Max: 77.39
Current: 71.11

During the past 13 years, AF Global's highest Days Payable was 77.39. The lowest was 40.87. And the median was 58.13.

SGX:L38's Days Payable is not ranked
in the Travel & Leisure industry.
Industry Median: 56.68 vs SGX:L38: 71.11

AF Global's Days Payable increased from Jun. 2024 (51.01) to Jun. 2025 (84.49). It may suggest that AF Global delayed paying its suppliers.


AF Global Days Payable Historical Data

* Premium members only.

The historical data trend for AF Global'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.

AF Global Days Payable Chart

AF Global Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.71 43.09 52.35 55.10 77.39

AF Global Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 49.92 53.28 51.01 75.01 84.49

SGX:L38 vs MAR, HLT, HTHT: Days Payable Comparison

For the Lodging subindustry, AF Global'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.


AF Global Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, AF Global's Days Payable distribution charts can be found below:

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


SGX:L38
33GF Score
AF Global Ltd SGX:L38
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AF Global 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.

AF Global's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (1.808 + 3.229) / 2 ) / 11.878*365
=2.5185 / 11.878*365
=77.39

AF Global's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

Days Payable (Q: Jun. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (3.229 + 1.768) / 2 ) / 5.397*365 / 2
=2.4985 / 5.397*365 / 2
=84.49

* 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 84.49 mean?
AF Global (SGX:L38) has a Days Payable of 84.49 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on AF Global and its competitors. This is 45% above median its historical median of 58.13. Over the past decade, AF Global's Days Payable has ranged from 40.87 to 77.39.
Is AF Global's Days Payable too high?
AF Global's current Days Payable of 84.49 is 45% above median its 10-year median of 58.13. Over the past 10 years, this metric has ranged from a low of 40.87 to a high of 77.39. The Travel & Leisure industry median Days Payable is 56.68. AF Global's value of 84.49 is 49.1% above this industry median. Overall, AF Global has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does AF Global's Days Payable compare to MAR and HLT?
AF Global's Days Payable of 84.49 can be compared against companies in the Travel & Leisure industry. The industry median Days Payable is 56.68. AF Global's value of 84.49 is 49.1% above this benchmark. Historically, AF Global's own Days Payable has ranged from 40.87 to 77.39 over the past decade. While the company's 10-year median is 58.13 vs. the industry median of 56.68, AF Global 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.68, based on 779 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. AF Global's current Days Payable of 84.49 is 49.1% 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 AF Global and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AF Global's current Days Payable is 84.49, which is 45% above median its own 10-year median of 58.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AF Global stock overvalued right now?
AF Global (SGX:L38) has a current Days Payable of 84.49. The stock's GF Value™ is S$0.13, compared to a current price of S$0.11 — trading 16.2% below its estimated fair value. The current Days Payable is 84.49, which is 45% above median its 10-year median of 58.13 and 49.1% above the Travel & Leisure industry median of 56.68. AF Global's overall GF Score™ is 33/100 with 6 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 AF Global (SGX:L38), the current Days Payable is 84.49 as of Jun. 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 AF Global (SGX:L38) Overvalued in 2026?

Based on GuruFocus' analysis, AF Global stock appears to be undervalued. The current stock price of S$0.11 is trading 16.2% below its estimated GF Value™ of S$0.13.

Key valuation signals for SGX:L38:

  • Days Payable: 84.49 (45% above median its 10-year median of 58.13)
  • GF Value™: S$0.13 vs. price of S$0.11 (16.2% below fair value)
  • GF Score™: 33/100 with 6 warning signs
  • Industry Position: 49.1% above the Travel & Leisure median

No single metric tells the full story. See the SGX:L38 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AF Global Business Description

Address 55 Ubi Avenue 3 No. 04-01, Aspial One, Singapore, SGP, 408864
AF Global Ltd focuses on hospitality and investment holdings divisions. The activity of the firm is operated by The property segment, The hotel and serviced residence segment, and The others segment. The Property segment relates to project and property management, real estate consultancy services, investment in properties and development of properties for sale. The Hotel and serviced Residence segment owns and operates hotels and serviced residences. The Others segment relates mainly to investment holding activities.
33GF Score

Get the complete analysis for SGX:L38

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

S$0.11
Price
S$0.13
GF Value