Tat Seng Packaging Group (SGX:T12) Days Payable: 49.04 (As of Dec. 2025) — Near Median

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SGX:T12 Tat Seng Packaging Group Ltd SGX:T12
49 GF Score
Price S$1.00
GF Value S$0.64
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Tat Seng Packaging Group Days Payable?

Tat Seng Packaging Group SGX:T12 -1.49% 49 Days Payable is 49.04 as of Dec. 2025, which is 7% above its 10-year median of 45.74. GuruFocus rates SGX:T12 with a GF Score™ of 49/100 and a GF Value™ of S$0.64 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 387 Packaging & Containers companies, Tat Seng Packaging Group ranks worse than 59.69% on this metric.

Tat Seng Packaging Group's average Accounts Payable for the six months ended in Dec. 2025 was S$25.5 Mil. Tat Seng Packaging Group's Cost of Goods Sold for the six months ended in Dec. 2025 was S$94.7 Mil. Hence, Tat Seng Packaging Group's Days Payable for the six months ended in Dec. 2025 was 49.04.

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

SGX:T12' s Days Payable Range Over the Past 10 Years
Min: 36.41   Med: 45.74   Max: 146.28
Current: 48.23

During the past 13 years, Tat Seng Packaging Group's highest Days Payable was 146.28. The lowest was 36.41. And the median was 45.74.

SGX:T12's Days Payable is ranked worse than
59.69% of 387 companies
in the Packaging & Containers industry
Industry Median: 58.07 vs SGX:T12: 48.23

Tat Seng Packaging Group's Days Payable declined from Dec. 2024 (50.40) to Dec. 2025 (49.04). It may suggest that Tat Seng Packaging Group accelerated paying its suppliers.


Tat Seng Packaging Group Days Payable Historical Data

* Premium members only.

The historical data trend for Tat Seng Packaging 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.

Tat Seng Packaging Group Days Payable Chart

Tat Seng Packaging 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 38.44 36.41 40.06 38.90 41.39

Tat Seng Packaging Group 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 49.25 48.95 50.40 54.43 49.04

SGX:T12 vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, Tat Seng Packaging 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.


Tat Seng Packaging Group Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Tat Seng Packaging Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Tat Seng Packaging Group's Days Payable falls into.


SGX:T12
49GF Score
Tat Seng Packaging Group Ltd SGX:T12
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tat Seng Packaging 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.

Tat Seng Packaging 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
=( (21.632 + 19.875) / 2 ) / 183.011*365
=20.7535 / 183.011*365
=41.39

Tat Seng Packaging Group'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
=( (31.035 + 19.875) / 2 ) / 94.721*365 / 2
=25.455 / 94.721*365 / 2
=49.04

* 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 49.04 mean?
Tat Seng Packaging Group (SGX:T12) has a Days Payable of 49.04 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 Tat Seng Packaging Group and its competitors. This is near median its historical median of 45.74. Over the past decade, Tat Seng Packaging Group's Days Payable has ranged from 36.41 to 146.28. According to the industry distribution chart, Tat Seng Packaging Group ranks #231 out of 387 companies in the Packaging & Containers industry, placing it in the top 59.7%.
Is Tat Seng Packaging Group's Days Payable too high?
Tat Seng Packaging Group's current Days Payable of 49.04 is near median its 10-year median of 45.74. Over the past 10 years, this metric has ranged from a low of 36.41 to a high of 146.28. The Packaging & Containers industry median Days Payable is 58.07. Tat Seng Packaging Group's value of 49.04 is 15.6% below this industry median. Based on the distribution chart, Tat Seng Packaging Group ranks #231 out of 387 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Tat Seng Packaging Group has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tat Seng Packaging Group's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Tat Seng Packaging Group ranks #231 out of 387 companies for Days Payable. This places Tat Seng Packaging Group in the lower half of its industry. The industry median Days Payable is 58.07. Tat Seng Packaging Group's value of 49.04 is 15.6% below this benchmark. Historically, Tat Seng Packaging Group's own Days Payable has ranged from 36.41 to 146.28 over the past decade. While the company's 10-year median is 45.74 vs. the industry median of 58.07, Tat Seng Packaging Group 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 58.07, based on 387 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. Tat Seng Packaging Group's current Days Payable of 49.04 is 15.6% 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 Tat Seng Packaging Group and its competitors. For the Packaging & Containers industry, the median Days Payable is 58.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tat Seng Packaging Group's current Days Payable is 49.04, which is near median its own 10-year median of 45.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tat Seng Packaging Group stock overvalued right now?
Based on GuruFocus' analysis, Tat Seng Packaging Group (SGX:T12) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.64, compared to a current price of S$1.00 — trading 55.5% above its estimated fair value. The current Days Payable is 49.04, which is near median its 10-year median of 45.74 and 15.6% below the Packaging & Containers industry median of 58.07. Tat Seng Packaging Group's overall GF Score™ is 49/100 with 3 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 Tat Seng Packaging Group (SGX:T12), the current Days Payable is 49.04 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 Tat Seng Packaging Group (SGX:T12) Overvalued in 2026?

Based on GuruFocus' analysis, Tat Seng Packaging Group stock appears to be overvalued. The current stock price of S$1.00 is trading 55.5% above its estimated GF Value™ of S$0.64. GuruFocus considers Tat Seng Packaging Group to be Significantly Overvalued.

Key valuation signals for SGX:T12:

  • Days Payable: 49.04 (near median its 10-year median of 45.74)
  • GF Value™: S$0.64 vs. price of S$1.00 (55.5% above fair value)
  • GF Score™: 49/100 with 3 warning signs
  • Industry Position: 15.6% below the Packaging & Containers median (#231 of 387)

No single metric tells the full story. See the SGX:T12 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tat Seng Packaging Group Business Description

Address 28 Senoko Drive, Singapore, SGP, 758214
Tat Seng Packaging Group Ltd is engaged in manufacturing and sales of corrugated paper products and other packaging products. The company designs, manufactures and sells corrugated paper packaging products for the packing of a diverse variety of items according to customers' specifications. Its key products include corrugated paper boards, corrugated paper cartons, die-cut boxes, assembly cartons and heavy duty corrugated paper products. It also carries and sells a range of other packaging related products. Its segments include Singapore and PRC with majority of the revenue deriving from PRC.
49GF Score

Get the complete analysis for SGX:T12

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

S$1.00
Price
S$0.64
GF Value