Sheng Siong Group (SGX:OV8) Days Payable: 52.66 (As of Jun. 2026) — 17% Above Median

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SGX:OV8 Sheng Siong Group Ltd SGX:OV8
82 GF Score
Price S$3.34
GF Value S$1.97
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Sheng Siong Group Days Payable?

Sheng Siong Group SGX:OV8 82 Days Payable is 52.66 as of Jun. 2026, which is 17% above its 10-year median of 44.83. GuruFocus rates SGX:OV8 with a GF Score™ of 82/100 and a GF Value™ of S$1.97 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 303 Retail - Defensive companies, Sheng Siong Group ranks better than 69.64% on this metric.

Sheng Siong Group's average Accounts Payable for the six months ended in Jun. 2026 was S$168 Mil. Sheng Siong Group's Cost of Goods Sold for the six months ended in Jun. 2026 was S$583 Mil. Hence, Sheng Siong Group's Days Payable for the six months ended in Jun. 2026 was 52.66.

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

SGX:OV8' s Days Payable Range Over the Past 10 Years
Min: 37.83   Med: 44.83   Max: 58.39
Current: 58.39

During the past 13 years, Sheng Siong Group's highest Days Payable was 58.39. The lowest was 37.83. And the median was 44.83.

SGX:OV8's Days Payable is ranked better than
69.64% of 303 companies
in the Retail - Defensive industry
Industry Median: 43.94 vs SGX:OV8: 58.39

Sheng Siong Group's Days Payable declined from Jun. 2025 (58.12) to Jun. 2026 (52.66). It may suggest that Sheng Siong Group accelerated paying its suppliers.


Sheng Siong Group Days Payable Historical Data

* Premium members only.

The historical data trend for Sheng Siong Group'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.

Sheng Siong Group Days Payable Chart

Sheng Siong Group 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 44.58 48.44 46.75 45.58 45.87

Sheng Siong Group 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 56.42 59.22 58.12 57.81 52.66

SGX:OV8 vs KR, SFM: Days Payable Comparison

For the Grocery Stores subindustry, Sheng Siong Group'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.


Sheng Siong Group Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Sheng Siong Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Sheng Siong Group's Days Payable falls into.


SGX:OV8
82GF Score
Sheng Siong Group Ltd SGX:OV8
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sheng Siong Group 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.

Sheng Siong Group'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
=( (130.033 + 140.998) / 2 ) / 1078.333*365
=135.5155 / 1078.333*365
=45.87

Sheng Siong Group'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
=( (140.998 + 195.423) / 2 ) / 582.99*365 / 2
=168.2105 / 582.99*365 / 2
=52.66

* 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 52.66 mean?
Sheng Siong Group (SGX:OV8) has a Days Payable of 52.66 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 Sheng Siong Group and its competitors. This is 17% above median its historical median of 44.83. Over the past decade, Sheng Siong Group's Days Payable has ranged from 37.83 to 58.39. According to the industry distribution chart, Sheng Siong Group ranks #92 out of 303 companies in the Retail - Defensive industry, placing it in the top 30.4%.
Is Sheng Siong Group's Days Payable too high?
Sheng Siong Group's current Days Payable of 52.66 is 17% above median its 10-year median of 44.83. Over the past 10 years, this metric has ranged from a low of 37.83 to a high of 58.39. The Retail - Defensive industry median Days Payable is 43.94. Sheng Siong Group's value of 52.66 is 19.8% above this industry median. Based on the distribution chart, Sheng Siong Group ranks #92 out of 303 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Sheng Siong Group has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sheng Siong Group's Days Payable compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Sheng Siong Group ranks #92 out of 303 companies for Days Payable. This puts Sheng Siong Group in the upper half of its industry. The industry median Days Payable is 43.94. Sheng Siong Group's value of 52.66 is 19.8% above this benchmark. Historically, Sheng Siong Group's own Days Payable has ranged from 37.83 to 58.39 over the past decade. While the company's 10-year median is 44.83 vs. the industry median of 43.94, Sheng Siong Group 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 Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.94, based on 303 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. Sheng Siong Group's current Days Payable of 52.66 is 19.8% 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 Sheng Siong Group and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sheng Siong Group's current Days Payable is 52.66, which is 17% above median its own 10-year median of 44.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sheng Siong Group stock overvalued right now?
Based on GuruFocus' analysis, Sheng Siong Group (SGX:OV8) is currently considered Significantly Overvalued. The stock's GF Value™ is S$1.97, compared to a current price of S$3.34 — trading 69.5% above its estimated fair value. The current Days Payable is 52.66, which is 17% above median its 10-year median of 44.83 and 19.8% above the Retail - Defensive industry median of 43.94. Sheng Siong Group's overall GF Score™ is 82/100 with 5 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 Sheng Siong Group (SGX:OV8), the current Days Payable is 52.66 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 Sheng Siong Group (SGX:OV8) Overvalued in 2026?

Based on GuruFocus' analysis, Sheng Siong Group stock appears to be overvalued. The current stock price of S$3.34 is trading 69.5% above its estimated GF Value™ of S$1.97. GuruFocus considers Sheng Siong Group to be Significantly Overvalued.

Key valuation signals for SGX:OV8:

  • Days Payable: 52.66 (17% above median its 10-year median of 44.83)
  • GF Value™: S$1.97 vs. price of S$3.34 (69.5% above fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 19.8% above the Retail - Defensive median (#92 of 303)

No single metric tells the full story. See the SGX:OV8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sheng Siong Group Business Description

Address 6 Mandai Link, Singapore, SGP, 728652
Sheng Siong Group Ltd is a Singapore-based company that is principally engaged in the retail business. The company operates through the Sheng Siong Groceries chain, with stores located across Singapore. The company offers "wet and dry" merchandise, including fresh and chilled goods (such as seafood, meat, and vegetables), processed, frozen, and preserved food products, and general merchandise (like toiletries and essential household products). The company has its own distribution network, food-processing facilities, and warehousing facilities. The Group operates in one segment, which relates to the provision of supermarket supplies and supermarket operations. The Groups operations are mainly located in Singapore.
82GF Score

Get the complete analysis for SGX:OV8

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

S$3.34
Price
S$1.97
GF Value