Manufacturing Integration Technology (SGX:M11) Days Payable: 63.81 (As of Dec. 2025) — 24% Above Median

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What is Manufacturing Integration Technology Days Payable?

Manufacturing Integration Technology SGX:M11 Days Payable is 63.81 as of Dec. 2025, which is 24% above its 10-year median of 51.39. The stock has 4 warning signs investors should review. Among 999 Semiconductors companies, Manufacturing Integration Technology ranks better than 50.35% on this metric.

Manufacturing Integration Technology's average Accounts Payable for the six months ended in Dec. 2025 was S$1.86 Mil. Manufacturing Integration Technology's Cost of Goods Sold for the six months ended in Dec. 2025 was S$5.33 Mil. Hence, Manufacturing Integration Technology's Days Payable for the six months ended in Dec. 2025 was 63.81.

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

SGX:M11' s Days Payable Range Over the Past 10 Years
Min: 29.84   Med: 51.39   Max: 357.72
Current: 53.66

During the past 13 years, Manufacturing Integration Technology's highest Days Payable was 357.72. The lowest was 29.84. And the median was 51.39.

SGX:M11's Days Payable is ranked better than
50.35% of 999 companies
in the Semiconductors industry
Industry Median: 53.06 vs SGX:M11: 53.66

Manufacturing Integration Technology's Days Payable increased from Dec. 2024 (55.45) to Dec. 2025 (63.81). It may suggest that Manufacturing Integration Technology delayed paying its suppliers.


Manufacturing Integration Technology Days Payable Related Terms


Manufacturing Integration Technology Days Payable Historical Data

* Premium members only.

The historical data trend for Manufacturing Integration Technology'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.

Manufacturing Integration Technology Days Payable Chart

Manufacturing Integration Technology 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 50.72 52.05 37.94 29.84 35.34

Manufacturing Integration Technology Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 85.93 71.89 55.45 61.58 63.81

SGX:M11 vs AMAT, LRCX, KLAC: Days Payable Comparison

For the Semiconductor Equipment & Materials subindustry, Manufacturing Integration Technology'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.


Manufacturing Integration Technology Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Manufacturing Integration Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Manufacturing Integration Technology's Days Payable falls into.



Manufacturing Integration Technology 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.

Manufacturing Integration Technology'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
=( (0.491 + 1.36) / 2 ) / 9.559*365
=0.9255 / 9.559*365
=35.34

Manufacturing Integration Technology's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (2.365 + 1.36) / 2 ) / 5.327*365 / 2
=1.8625 / 5.327*365 / 2
=63.81

* 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 63.81 mean?
Manufacturing Integration Technology (SGX:M11) has a Days Payable of 63.81 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 Manufacturing Integration Technology and its competitors. This is 24% above median its historical median of 51.39. Over the past decade, Manufacturing Integration Technology's Days Payable has ranged from 29.84 to 357.72. According to the industry distribution chart, Manufacturing Integration Technology ranks #496 out of 999 companies in the Semiconductors industry, placing it in the top 49.6%.
Is Manufacturing Integration Technology's Days Payable too high?
Manufacturing Integration Technology's current Days Payable of 63.81 is 24% above median its 10-year median of 51.39. Over the past 10 years, this metric has ranged from a low of 29.84 to a high of 357.72. The Semiconductors industry median Days Payable is 53.06. Manufacturing Integration Technology's value of 63.81 is 20.3% above this industry median. Based on the distribution chart, Manufacturing Integration Technology ranks #496 out of 999 companies in the Semiconductors industry, which is above the industry midpoint.
How does Manufacturing Integration Technology's Days Payable compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Manufacturing Integration Technology ranks #496 out of 999 companies for Days Payable. This puts Manufacturing Integration Technology in the upper half of its industry. The industry median Days Payable is 53.06. Manufacturing Integration Technology's value of 63.81 is 20.3% above this benchmark. Historically, Manufacturing Integration Technology's own Days Payable has ranged from 29.84 to 357.72 over the past decade. While the company's 10-year median is 51.39 vs. the industry median of 53.06, Manufacturing Integration Technology 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 999 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. Manufacturing Integration Technology's current Days Payable of 63.81 is 20.3% 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 Manufacturing Integration Technology and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manufacturing Integration Technology's current Days Payable is 63.81, which is 24% above median its own 10-year median of 51.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manufacturing Integration Technology stock overvalued right now?
Based on GuruFocus' analysis, Manufacturing Integration Technology (SGX:M11) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.03, compared to a current price of S$0.02 — trading 26.7% below its estimated fair value. The current Days Payable is 63.81, which is 24% above median its 10-year median of 51.39 and 20.3% above the Semiconductors industry median of 53.06. 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 Manufacturing Integration Technology (SGX:M11), the current Days Payable is 63.81 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.

Manufacturing Integration Technology Business Description

Address Ang Mo Kio Avenue 5, Block 5004, No. 05-01, Techplace II, Singapore, SGP, 569872
Manufacturing Integration Technology Ltd is engaged in designing, developing, manufacturing, and distributing automated equipment for the semiconductor and other industries, and is an investment holding company. The firm operates in the built-to-print segment and is mainly engaged in contract equipment manufacturing activities. The customized automation segment is engaged in designing, developing, and manufacturing system solutions. The maximum revenue is generated from the Build-to-print segment. Geographically, its business presence is seen across the regions of China, Singapore, Europe, the USA, and Asia, excluding China and Singapore.