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NippecraftSGX:N32 Days Payable is 62.92 as of Dec. 2025, which is 17% below its 10-year median of 76.00. The stock has 2 warning signs investors should review. Among 276 Forest Products companies, Nippecraft ranks better than 66.67% on this metric.
Nippecraft's average Accounts Payable for the
six
months ended in Dec. 2025 was S$23.1 Mil. Nippecraft's Cost of Goods Sold for the
six
months ended in Dec. 2025 was S$67.1 Mil.
Hence, Nippecraft's Days Payable for the
six
months ended in Dec. 2025 was 62.92.
The historical rank and industry rank for Nippecraft's Days Payable or its related term are showing as below:
SGX:N32'
s Days Payable Range Over the Past 10 Years
Min: 45.34 Med: 76 Max: 87.01
Current: 75.36
During the past 13 years, Nippecraft's highest Days Payable was 87.01. The lowest was 45.34. And the median was 76.00.
SGX:N32's Days Payable is ranked better than 66.67% of 276
companies
in the Forest Products industry
Industry Median: 56.48
vs SGX:N32: 75.36
Nippecraft's Days Payable
declined
from Dec. 2024 (73.76) to Dec. 2025 (62.92).
It may suggest that Nippecraftaccelerated paying its suppliers.
The historical data trend for Nippecraft'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.
For the Paper & Paper Products subindustry, Nippecraft'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.
Nippecraft Days Payable vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Nippecraft's Days Payable distribution charts can be found below:
* The bar in red indicates where Nippecraft'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.
Nippecraft'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.
Nippecraft (SGX:N32) has a Days Payable of 62.92 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 Nippecraft and its competitors. This is 17% below median its historical median of 76.00. Over the past decade, Nippecraft's Days Payable has ranged from 45.34 to 87.01. According to the industry distribution chart, Nippecraft ranks #92 out of 276 companies in the Forest Products industry, placing it in the top 33.3%.
Is Nippecraft's Days Payable too high?
Nippecraft's current Days Payable of 62.92 is 17% below median its 10-year median of 76.00. Over the past 10 years, this metric has ranged from a low of 45.34 to a high of 87.01. The Forest Products industry median Days Payable is 56.48. Nippecraft's value of 62.92 is 11.4% above this industry median. Based on the distribution chart, Nippecraft ranks #92 out of 276 companies in the Forest Products industry, which is above the industry midpoint.
How does Nippecraft's Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Nippecraft ranks #92 out of 276 companies for Days Payable. This puts Nippecraft in the upper half of its industry. The industry median Days Payable is 56.48. Nippecraft's value of 62.92 is 11.4% above this benchmark. Historically, Nippecraft's own Days Payable has ranged from 45.34 to 87.01 over the past decade. While the company's 10-year median is 76.00 vs. the industry median of 56.48, Nippecraft 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 Forest Products company?
The median Days Payable among Forest Products companies is 56.48, based on 276 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. Nippecraft's current Days Payable of 62.92 is 11.4% 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 Nippecraft and its competitors. For the Forest Products industry, the median Days Payable is 56.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippecraft's current Days Payable is 62.92, which is 17% below median its own 10-year median of 76.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippecraft stock overvalued right now?
Based on GuruFocus' analysis, Nippecraft (SGX:N32) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.04, compared to a current price of S$0.04 — trading 10% below its estimated fair value. The current Days Payable is 62.92, which is 17% below median its 10-year median of 76.00 and 11.4% above the Forest Products industry median of 56.48. 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 Nippecraft (SGX:N32), the current Days Payable is 62.92 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.
Nippecraft Ltd is a Singapore-based company providing diaries, notebooks, organizers, and other stationery products for the office, home, or school environment. The company's main brands are Collins and Debden. The group has two segments, namely, the Stationery business and the Trading business. The Stationery business includes activities such as design, development, sales, and marketing of planners and diaries, business accessories, and related stationery products. The Trading business includes trading and strategic sourcing of recycled waste, chemicals, papers, paper bags, and pulp. It generates the majority of its revenue from the Trading segment.
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