Song Hong Garment JSCSTC:MSH -0.59%79 Days Payable is 22.07 as of Mar. 2026, which is 25% above its 10-year median of 17.66. GuruFocus rates STC:MSH with a GF Score™ of 79/100 and a GF Value™ of ₫34,378.97 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, Song Hong Garment JSC ranks worse than 89.3% on this metric.
Song Hong Garment JSC Days Payable Historical Data
* Premium members only.
The historical data trend for Song Hong Garment JSC'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 Apparel Manufacturing subindustry, Song Hong Garment JSC'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.
Song Hong Garment JSC Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Song Hong Garment JSC's Days Payable distribution charts can be found below:
* The bar in red indicates where Song Hong Garment JSC'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.
Song Hong Garment JSC'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.
Song Hong Garment JSC (STC:MSH) has a Days Payable of 22.07 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Song Hong Garment JSC and its competitors. This is 25% above median its historical median of 17.66. Over the past decade, Song Hong Garment JSC's Days Payable has ranged from 12.95 to 20.91. According to the industry distribution chart, Song Hong Garment JSC ranks #910 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 89.3%.
Is Song Hong Garment JSC's Days Payable too high?
Song Hong Garment JSC's current Days Payable of 22.07 is 25% above median its 10-year median of 17.66. Over the past 10 years, this metric has ranged from a low of 12.95 to a high of 20.91. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.13. Song Hong Garment JSC's value of 22.07 is 59.2% below this industry median. Based on the distribution chart, Song Hong Garment JSC ranks #910 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Song Hong Garment JSC has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Song Hong Garment JSC's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Song Hong Garment JSC ranks #910 out of 1019 companies for Days Payable. This places Song Hong Garment JSC in the lower half of its industry. The industry median Days Payable is 54.13. Song Hong Garment JSC's value of 22.07 is 59.2% below this benchmark. Historically, Song Hong Garment JSC's own Days Payable has ranged from 12.95 to 20.91 over the past decade. While the company's 10-year median is 17.66 vs. the industry median of 54.13, Song Hong Garment JSC 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.13, based on 1,019 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. Song Hong Garment JSC's current Days Payable of 22.07 is 59.2% 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 Song Hong Garment JSC and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Hong Garment JSC's current Days Payable is 22.07, which is 25% above median its own 10-year median of 17.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Hong Garment JSC stock overvalued right now?
Based on GuruFocus' analysis, Song Hong Garment JSC (STC:MSH) is currently considered Fairly Valued. The stock's GF Value™ is ₫34,378.97, compared to a current price of ₫33,900.00 — trading 1.4% below its estimated fair value. The current Days Payable is 22.07, which is 25% above median its 10-year median of 17.66 and 59.2% below the Manufacturing - Apparel & Accessories industry median of 54.13. Song Hong Garment JSC's overall GF Score™ is 79/100 with 4 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 Song Hong Garment JSC (STC:MSH), the current Days Payable is 22.07 as of Mar. 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 Song Hong Garment JSC (STC:MSH) Overvalued in 2026?
Based on GuruFocus' analysis, Song Hong Garment JSC stock appears to be undervalued.
The current stock price of ₫33,900.00 is trading 1.4% below its estimated GF Value™ of ₫34,378.97.
GuruFocus considers Song Hong Garment JSC to be Fairly Valued.
Key valuation signals for STC:MSH:
Days Payable: 22.07 (25% above median its 10-year median of 17.66)
GF Value™: ₫34,378.97 vs. price of ₫33,900.00 (1.4% below fair value)
Industry Position: 59.2% below the Manufacturing - Apparel & Accessories median (#910 of 1019)
No single metric tells the full story. See the STC:MSH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Song Hong Garment JSC is a Vietnam-based manufacturer and distributor of garment and textile products. The company has a market presence in Vietnam and the international market. Its product offerings include bedding and all lines of clothing for men, women, and children. the principal activities includes Producing clothes for domestic market; Producing carpets, blankets; Trading on industrial products for domestic market; Sewing clothes (except for clothes made of animal leather and feather); Trading on other kinds of materials, equipments and spare parts for the garment-textile industry; Producing knitted clothes; Wholesaler of fabrics, clothes and shoes; Trading on domestic cigarettes, alcohol and cosmetics; Warehousing and storing services; and Others.
79GF Score
Get the complete analysis for STC:MSH
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STC:MSH has been successfully added to your 
