Stamford Tyres (SGX:S29) Days Payable: 33.69 (As of Apr. 2026) — 14% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:S29 Stamford Tyres Corp Ltd SGX:S29
48 GF Score
Price S$0.19
GF Value S$0.19
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Stamford Tyres Days Payable?

Stamford Tyres SGX:S29 48 Days Payable is 33.69 as of Apr. 2026, which is 14% below its 10-year median of 38.99. GuruFocus rates SGX:S29 with a GF Score™ of 48/100 and a GF Value™ of S$0.19 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,304 Vehicles & Parts companies, Stamford Tyres ranks worse than 82.13% on this metric.

Stamford Tyres's average Accounts Payable for the six months ended in Apr. 2026 was S$12.2 Mil. Stamford Tyres's Cost of Goods Sold for the six months ended in Apr. 2026 was S$65.9 Mil. Hence, Stamford Tyres's Days Payable for the six months ended in Apr. 2026 was 33.69.

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

SGX:S29' s Days Payable Range Over the Past 10 Years
Min: 31.86   Med: 38.99   Max: 47.44
Current: 34.54

During the past 13 years, Stamford Tyres's highest Days Payable was 47.44. The lowest was 31.86. And the median was 38.99.

SGX:S29's Days Payable is ranked worse than
82.13% of 1304 companies
in the Vehicles & Parts industry
Industry Median: 67.35 vs SGX:S29: 34.54

Stamford Tyres's Days Payable declined from Apr. 2025 (34.43) to Apr. 2026 (33.69). It may suggest that Stamford Tyres accelerated paying its suppliers.


Stamford Tyres Days Payable Historical Data

* Premium members only.

The historical data trend for Stamford Tyres'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.

Stamford Tyres Days Payable Chart

Stamford Tyres Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.22 31.86 32.13 34.30 39.33

Stamford Tyres Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 32.00 31.27 34.43 30.73 33.69

SGX:S29 vs ORLY, AZO, GPC: Days Payable Comparison

For the Auto Parts subindustry, Stamford Tyres'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.


Stamford Tyres Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Stamford Tyres's Days Payable distribution charts can be found below:

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


SGX:S29
48GF Score
Stamford Tyres Corp Ltd SGX:S29
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stamford Tyres 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.

Stamford Tyres's Days Payable for the fiscal year that ended in Apr. 2026 is calculated as

Days Payable (A: Apr. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2025 ) + Accounts Payable (A: Apr. 2026 )) / count ) / Cost of Goods Sold (A: Apr. 2026 )*Days in Period
=( (14.683 + 14.925) / 2 ) / 137.381*365
=14.804 / 137.381*365
=39.33

Stamford Tyres's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2025 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (9.398 + 14.925) / 2 ) / 65.881*365 / 2
=12.1615 / 65.881*365 / 2
=33.69

* 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 33.69 mean?
Stamford Tyres (SGX:S29) has a Days Payable of 33.69 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Stamford Tyres and its competitors. This is 14% below median its historical median of 38.99. Over the past decade, Stamford Tyres' Days Payable has ranged from 31.86 to 47.44. According to the industry distribution chart, Stamford Tyres ranks #1071 out of 1304 companies in the Vehicles & Parts industry, placing it in the top 82.1%.
Is Stamford Tyres' Days Payable too high?
Stamford Tyres' current Days Payable of 33.69 is 14% below median its 10-year median of 38.99. Over the past 10 years, this metric has ranged from a low of 31.86 to a high of 47.44. The Vehicles & Parts industry median Days Payable is 67.35. Stamford Tyres' value of 33.69 is 50% below this industry median. Based on the distribution chart, Stamford Tyres ranks #1071 out of 1304 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Stamford Tyres has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Stamford Tyres' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Stamford Tyres ranks #1071 out of 1304 companies for Days Payable. This places Stamford Tyres in the lower half of its industry. The industry median Days Payable is 67.35. Stamford Tyres' value of 33.69 is 50% below this benchmark. Historically, Stamford Tyres' own Days Payable has ranged from 31.86 to 47.44 over the past decade. While the company's 10-year median is 38.99 vs. the industry median of 67.35, Stamford Tyres has consistently been below 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.35, based on 1,304 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. Stamford Tyres's current Days Payable of 33.69 is 50% below 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 Stamford Tyres and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stamford Tyres's current Days Payable is 33.69, which is 14% below median its own 10-year median of 38.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stamford Tyres stock overvalued right now?
Based on GuruFocus' analysis, Stamford Tyres (SGX:S29) is currently considered Fairly Valued. The stock's GF Value™ is S$0.19, compared to a current price of S$0.19 — trading 1.1% above its estimated fair value. The current Days Payable is 33.69, which is 14% below median its 10-year median of 38.99 and 50% below the Vehicles & Parts industry median of 67.35. Stamford Tyres' overall GF Score™ is 48/100 with 6 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 Stamford Tyres (SGX:S29), the current Days Payable is 33.69 as of Apr. 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 Stamford Tyres (SGX:S29) Overvalued in 2026?

Based on GuruFocus' analysis, Stamford Tyres stock appears to be overvalued. The current stock price of S$0.19 is trading 1.1% above its estimated GF Value™ of S$0.19. GuruFocus considers Stamford Tyres to be Fairly Valued.

Key valuation signals for SGX:S29:

  • Days Payable: 33.69 (14% below median its 10-year median of 38.99)
  • GF Value™: S$0.19 vs. price of S$0.19 (1.1% above fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 50% below the Vehicles & Parts median (#1071 of 1304)

No single metric tells the full story. See the SGX:S29 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Stamford Tyres Business Description

Address 19 Lok Yang Way, Jurong, Singapore, SGP, 628635
Stamford Tyres Corp Ltd is an investment holding company. The company is engaged in retailing and distribution of tyres and wheels, design and contract manufacturing of tyres for proprietary brands as well as tyre retreading, equipment trading, servicing of motor vehicles, and manufacturing and sale of aluminium alloy wheels. The company's geographical segment includes South East Asia, North Asia, Africa, and Others. It generates maximum revenue from South East Asia.
48GF Score

Get the complete analysis for SGX:S29

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

S$0.19
Price
S$0.19
GF Value