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QAFSGX:Q01 55 Days Payable is 58.25 as of Dec. 2025, which is 10% below its 10-year median of 64.68. GuruFocus rates SGX:Q01 with a GF Score™ of 55/100 and a GF Value™ of S$0.87 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,893 Consumer Packaged Goods companies, QAF ranks better than 67.14% on this metric.
QAF's average Accounts Payable for the
six
months ended in Dec. 2025 was S$55.1 Mil. QAF's Cost of Goods Sold for the
six
months ended in Dec. 2025 was S$172.7 Mil.
Hence, QAF's Days Payable for the
six
months ended in Dec. 2025 was 58.25.
The historical rank and industry rank for QAF's Days Payable or its related term are showing as below:
SGX:Q01'
s Days Payable Range Over the Past 10 Years
Min: 59.2 Med: 64.68 Max: 115.06
Current: 62.19
During the past 13 years, QAF's highest Days Payable was 115.06. The lowest was 59.20. And the median was 64.68.
SGX:Q01's Days Payable is ranked better than 67.14% of 1893
companies
in the Consumer Packaged Goods industry
Industry Median: 43.93
vs SGX:Q01: 62.19
QAF's Days Payable
increased
from Dec. 2024 (55.81) to Dec. 2025 (58.25).
It may suggest that QAFdelayed paying its suppliers.
The historical data trend for QAF'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 Packaged Foods subindustry, QAF'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.
QAF Days Payable vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, QAF's Days Payable distribution charts can be found below:
* The bar in red indicates where QAF'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.
QAF'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.
QAF (SGX:Q01) has a Days Payable of 58.25 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 QAF and its competitors. This is 10% below median its historical median of 64.68. Over the past decade, QAF's Days Payable has ranged from 59.20 to 115.06. According to the industry distribution chart, QAF ranks #622 out of 1893 companies in the Consumer Packaged Goods industry, placing it in the top 32.9%.
Is QAF's Days Payable too high?
QAF's current Days Payable of 58.25 is 10% below median its 10-year median of 64.68. Over the past 10 years, this metric has ranged from a low of 59.20 to a high of 115.06. The Consumer Packaged Goods industry median Days Payable is 43.93. QAF's value of 58.25 is 32.6% above this industry median. Based on the distribution chart, QAF ranks #622 out of 1893 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, QAF has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does QAF's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, QAF ranks #622 out of 1893 companies for Days Payable. This puts QAF in the upper half of its industry. The industry median Days Payable is 43.93. QAF's value of 58.25 is 32.6% above this benchmark. Historically, QAF's own Days Payable has ranged from 59.20 to 115.06 over the past decade. While the company's 10-year median is 64.68 vs. the industry median of 43.93, QAF 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 43.93, based on 1,893 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. QAF's current Days Payable of 58.25 is 32.6% 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 QAF and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QAF's current Days Payable is 58.25, which is 10% below median its own 10-year median of 64.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QAF stock overvalued right now?
Based on GuruFocus' analysis, QAF (SGX:Q01) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.87, compared to a current price of S$0.97 — trading 11.5% above its estimated fair value. The current Days Payable is 58.25, which is 10% below median its 10-year median of 64.68 and 32.6% above the Consumer Packaged Goods industry median of 43.93. QAF's overall GF Score™ is 55/100 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 QAF (SGX:Q01), the current Days Payable is 58.25 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.
Is QAF (SGX:Q01) Overvalued in 2026?
Based on GuruFocus' analysis, QAF stock appears to be overvalued.
The current stock price of S$0.97 is trading 11.5% above its estimated GF Value™ of S$0.87.
GuruFocus considers QAF to be Modestly Overvalued.
Key valuation signals for SGX:Q01:
Days Payable: 58.25 (10% below median its 10-year median of 64.68)
GF Value™: S$0.87 vs. price of S$0.97 (11.5% above fair value)
Industry Position: 32.6% above the Consumer Packaged Goods median (#622 of 1893)
No single metric tells the full story. See the SGX:Q01 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
QAF Ltd is a Singapore-based multi-industry food company with businesses in Bakery, and Distribution and Warehousing. The bakery operations of the company manufacture branded packaged and unpackaged bread, confectionery, and a variety of specialty French-style frozen and par-baked breads and pastries. The distribution and warehousing business of the company is an importer and distributor of food and beverage products, and provision for warehousing logistics for food items, while Investments and others is engaged in Investment holding and other activities. Geographically, the company generates the majority of its revenue from Bakery and Geographic revenue from the Philippines.
55GF Score
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