Nanyang New Development (SGX:M15) Days Payable: 60.45 (As of Dec. 2025) — 21% Above Median

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What is Nanyang New Development Days Payable?

Nanyang New Development SGX:M15 Days Payable is 60.45 as of Dec. 2025, which is 21% above its 10-year median of 49.97. The stock has 7 warning signs investors should review.

Nanyang New Development's average Accounts Payable for the six months ended in Dec. 2025 was S$1.01 Mil. Nanyang New Development's Cost of Goods Sold for the six months ended in Dec. 2025 was S$3.03 Mil. Hence, Nanyang New Development's Days Payable for the six months ended in Dec. 2025 was 60.45.

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

SGX:M15' s Days Payable Range Over the Past 10 Years
Min: 26.2   Med: 49.97   Max: 83.17
Current: 80.1

During the past 13 years, Nanyang New Development's highest Days Payable was 83.17. The lowest was 26.20. And the median was 49.97.

SGX:M15's Days Payable is not ranked
in the Chemicals industry.
Industry Median: 59.565 vs SGX:M15: 80.10

Nanyang New Development's Days Payable declined from Dec. 2024 (85.47) to Dec. 2025 (60.45). It may suggest that Nanyang New Development accelerated paying its suppliers.


Nanyang New Development Days Payable Historical Data

* Premium members only.

The historical data trend for Nanyang New Development'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.

Nanyang New Development Days Payable Chart

Nanyang New Development 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 37.83 28.98 26.20 49.87 83.17

Nanyang New Development 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 32.42 52.47 85.47 106.61 60.45

SGX:M15 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Nanyang New Development'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.


Nanyang New Development Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nanyang New Development's Days Payable distribution charts can be found below:

* The bar in red indicates where Nanyang New Development's Days Payable falls into.



Nanyang New Development 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.

Nanyang New Development'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
=( (1.278 + 0.998) / 2 ) / 4.994*365
=1.138 / 4.994*365
=83.17

Nanyang New Development'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
=( (1.012 + 0.998) / 2 ) / 3.034*365 / 2
=1.005 / 3.034*365 / 2
=60.45

* 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 60.45 mean?
Nanyang New Development (SGX:M15) has a Days Payable of 60.45 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 Nanyang New Development and its competitors. This is 21% above median its historical median of 49.97. Over the past decade, Nanyang New Development's Days Payable has ranged from 26.20 to 83.17.
Is Nanyang New Development's Days Payable too high?
Nanyang New Development's current Days Payable of 60.45 is 21% above median its 10-year median of 49.97. Over the past 10 years, this metric has ranged from a low of 26.20 to a high of 83.17. The Chemicals industry median Days Payable is 59.57. Nanyang New Development's value of 60.45 is 1.5% above this industry median.
How does Nanyang New Development's Days Payable compare to LIN and SHW?
Nanyang New Development's Days Payable of 60.45 can be compared against companies in the Chemicals industry. The industry median Days Payable is 59.57. Nanyang New Development's value of 60.45 is 1.5% above this benchmark. Historically, Nanyang New Development's own Days Payable has ranged from 26.20 to 83.17 over the past decade. While the company's 10-year median is 49.97 vs. the industry median of 59.57, Nanyang New Development 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.57, based on 1,554 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. Nanyang New Development's current Days Payable of 60.45 is 1.5% 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 Nanyang New Development and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanyang New Development's current Days Payable is 60.45, which is 21% above median its own 10-year median of 49.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanyang New Development stock overvalued right now?
Nanyang New Development (SGX:M15) has a current Days Payable of 60.45. The stock's GF Value™ is S$0.01, compared to a current price of S$0.02 — trading 120% above its estimated fair value. The current Days Payable is 60.45, which is 21% above median its 10-year median of 49.97 and 1.5% above the Chemicals industry median of 59.57. 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 Nanyang New Development (SGX:M15), the current Days Payable is 60.45 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.

Nanyang New Development Business Description

Address 1003, Bukit Merah Central, No. 01-10, Inno Centre, Singapore, SGP, 159836
Nanyang New Development Ltd principal activities of the Company are the formulation, manufacturing and sale of specialty chemicals focusing on dyestuff and auxiliaries for the textile industry. The geographic segments of the company are the PRC, Malaysia and Singapore. The company generates maximum revenue from the PRC.