TA (SGX:PA3) Days Payable: 258.58 (As of Dec. 2025) — Near Median

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What is TA Days Payable?

TA SGX:PA3 Days Payable is 258.58 as of Dec. 2025, which is 3% above its 10-year median of 252.09. The stock has 3 warning signs investors should review. Among 1,716 Construction companies, TA ranks better than 94.41% on this metric.

TA's average Accounts Payable for the six months ended in Dec. 2025 was S$56.2 Mil. TA's Cost of Goods Sold for the six months ended in Dec. 2025 was S$39.6 Mil. Hence, TA's Days Payable for the six months ended in Dec. 2025 was 258.58.

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

SGX:PA3' s Days Payable Range Over the Past 10 Years
Min: 133.77   Med: 252.09   Max: 1137.28
Current: 487.02

During the past 13 years, TA's highest Days Payable was 1137.28. The lowest was 133.77. And the median was 252.09.

SGX:PA3's Days Payable is ranked better than
94.41% of 1716 companies
in the Construction industry
Industry Median: 76.55 vs SGX:PA3: 487.02

TA's Days Payable declined from Dec. 2024 (1,193.72) to Dec. 2025 (258.58). It may suggest that TA accelerated paying its suppliers.


TA Days Payable Historical Data

* Premium members only.

The historical data trend for TA'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.

TA Days Payable Chart

TA 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 198.40 133.77 367.50 1,137.28 501.11

TA 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 1,171.34 1,552.15 1,193.72 921.36 258.58

SGX:PA3 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, TA'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.


TA Days Payable vs Construction Industry

For the Construction industry and Industrials sector, TA's Days Payable distribution charts can be found below:

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



TA 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.

TA'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
=( (112.783 + 57.5) / 2 ) / 62.016*365
=85.1415 / 62.016*365
=501.11

TA'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
=( (54.819 + 57.5) / 2 ) / 39.636*365 / 2
=56.1595 / 39.636*365 / 2
=258.58

* 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 258.58 mean?
TA (SGX:PA3) has a Days Payable of 258.58 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 TA and its competitors. This is near median its historical median of 252.09. Over the past decade, TA's Days Payable has ranged from 133.77 to 1,137.28. According to the industry distribution chart, TA ranks #96 out of 1716 companies in the Construction industry, placing it in the top 5.6%.
Is TA's Days Payable too high?
TA's current Days Payable of 258.58 is near median its 10-year median of 252.09. Over the past 10 years, this metric has ranged from a low of 133.77 to a high of 1,137.28. The Construction industry median Days Payable is 76.55. TA's value of 258.58 is 237.8% above this industry median. Based on the distribution chart, TA ranks #96 out of 1716 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does TA's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, TA ranks #96 out of 1716 companies for Days Payable. This places TA in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.55. TA's value of 258.58 is 237.8% above this benchmark. Historically, TA's own Days Payable has ranged from 133.77 to 1,137.28 over the past decade. While the company's 10-year median is 252.09 vs. the industry median of 76.55, TA 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 Construction company?
The median Days Payable among Construction companies is 76.55, based on 1,716 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. TA's current Days Payable of 258.58 is 237.8% 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 TA and its competitors. For the Construction industry, the median Days Payable is 76.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TA's current Days Payable is 258.58, which is near median its own 10-year median of 252.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TA stock overvalued right now?
Based on GuruFocus' analysis, TA (SGX:PA3) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.08, compared to a current price of S$0.10 — trading 22.5% above its estimated fair value. The current Days Payable is 258.58, which is near median its 10-year median of 252.09 and 237.8% above the Construction industry median of 76.55. 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 TA (SGX:PA3), the current Days Payable is 258.58 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.

TA Business Description

Address 8 Kaki Bukit Avenue 1, No. 04-08, Singapore, SGP, 417941
TA Corp Ltd is an investment holding company. It operates in segments: Construction, Real estate investment, Real estate development, Distribution and Others. The majority of its revenue comes from the Construction segment, which is into the general building and construction contracts, training of workers, general engineering, sale of construction materials and design, installation and maintenance of air conditioning, and mechanical ventilation systems. Its geographical segments are Singapore, Myanmar, Cambodia, and Other countries, of which the majority of its revenue comes from Singapore.