Saigon VRG Investment (STC:SIP) Days Payable: 10.50 (As of Mar. 2026) — 19% Below Median


STC:SIP Saigon VRG Investment Corp STC:SIP
87 GF Score
Price ₫50,000.00
GF Value ₫76,817.04
Valuation Possible Value Trap
! 3 Warning Signs
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What is Saigon VRG Investment Days Payable?

Saigon VRG Investment STC:SIP -0.40% 87 Days Payable is 10.50 as of Mar. 2026, which is 19% below its 10-year median of 13.03. GuruFocus rates STC:SIP with a GF Score™ of 87/100 and a GF Value™ of ₫76,817.04 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,571 Real Estate companies, Saigon VRG Investment ranks worse than 93.06% on this metric.

Saigon VRG Investment's average Accounts Payable for the three months ended in Mar. 2026 was ₫208,114 Mil. Saigon VRG Investment's Cost of Goods Sold for the three months ended in Mar. 2026 was ₫1,807,762 Mil. Hence, Saigon VRG Investment's Days Payable for the three months ended in Mar. 2026 was 10.50.

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

STC:SIP' s Days Payable Range Over the Past 10 Years
Min: 9.73   Med: 13.03   Max: 15.81
Current: 10.89

During the past 8 years, Saigon VRG Investment's highest Days Payable was 15.81. The lowest was 9.73. And the median was 13.03.

STC:SIP's Days Payable is ranked worse than
93.06% of 1571 companies
in the Real Estate industry
Industry Median: 94.38 vs STC:SIP: 10.89

Saigon VRG Investment's Days Payable declined from Mar. 2025 (13.15) to Mar. 2026 (10.50). It may suggest that Saigon VRG Investment accelerated paying its suppliers.


Saigon VRG Investment Days Payable Historical Data

* Premium members only.

The historical data trend for Saigon VRG Investment'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.

Saigon VRG Investment Days Payable Chart

Saigon VRG Investment Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 13.01 14.54 15.81 13.04 9.73

Saigon VRG Investment Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 13.15 11.40 11.39 9.01 10.50

Saigon VRG Investment Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Saigon VRG Investment'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.


Saigon VRG Investment Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Saigon VRG Investment's Days Payable distribution charts can be found below:

* The bar in red indicates where Saigon VRG Investment's Days Payable falls into.


STC:SIP
87GF Score
Saigon VRG Investment Corp STC:SIP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Saigon VRG Investment 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.

Saigon VRG Investment'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
=( (241371.611 + 145165.479) / 2 ) / 7252790.659*365
=193268.545 / 7252790.659*365
=9.73

Saigon VRG Investment's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (145165.479 + 271062.786) / 2 ) / 1807762.359*365 / 4
=208114.1325 / 1807762.359*365 / 4
=10.50

* 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 10.50 mean?
Saigon VRG Investment (STC:SIP) has a Days Payable of 10.50 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 Saigon VRG Investment and its competitors. This is 19% below median its historical median of 13.03. Over the past decade, Saigon VRG Investment's Days Payable has ranged from 9.73 to 15.81. According to the industry distribution chart, Saigon VRG Investment ranks #1462 out of 1571 companies in the Real Estate industry, placing it in the top 93.1%.
Is Saigon VRG Investment's Days Payable too high?
Saigon VRG Investment's current Days Payable of 10.50 is 19% below median its 10-year median of 13.03. Over the past 10 years, this metric has ranged from a low of 9.73 to a high of 15.81. The Real Estate industry median Days Payable is 94.38. Saigon VRG Investment's value of 10.50 is 88.9% below this industry median. Based on the distribution chart, Saigon VRG Investment ranks #1462 out of 1571 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Saigon VRG Investment has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Saigon VRG Investment's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Saigon VRG Investment ranks #1462 out of 1571 companies for Days Payable. This places Saigon VRG Investment in the lower half of its industry. The industry median Days Payable is 94.38. Saigon VRG Investment's value of 10.50 is 88.9% below this benchmark. Historically, Saigon VRG Investment's own Days Payable has ranged from 9.73 to 15.81 over the past decade. While the company's 10-year median is 13.03 vs. the industry median of 94.38, Saigon VRG Investment 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,571 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. Saigon VRG Investment's current Days Payable of 10.50 is 88.9% 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 Saigon VRG Investment and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saigon VRG Investment's current Days Payable is 10.50, which is 19% below median its own 10-year median of 13.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saigon VRG Investment stock overvalued right now?
Based on GuruFocus' analysis, Saigon VRG Investment (STC:SIP) is currently considered Possible Value Trap. The stock's GF Value™ is ₫76,817.04, compared to a current price of ₫50,000.00 — trading 34.9% below its estimated fair value. The current Days Payable is 10.50, which is 19% below median its 10-year median of 13.03 and 88.9% below the Real Estate industry median of 94.38. Saigon VRG Investment's overall GF Score™ is 87/100 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 Saigon VRG Investment (STC:SIP), the current Days Payable is 10.50 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 Saigon VRG Investment (STC:SIP) Overvalued in 2026?

Based on GuruFocus' analysis, Saigon VRG Investment stock appears to be undervalued. The current stock price of ₫50,000.00 is trading 34.9% below its estimated GF Value™ of ₫76,817.04. GuruFocus considers Saigon VRG Investment to be Possible Value Trap.

Key valuation signals for STC:SIP:

  • Days Payable: 10.50 (19% below median its 10-year median of 13.03)
  • GF Value™: ₫76,817.04 vs. price of ₫50,000.00 (34.9% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 88.9% below the Real Estate median (#1462 of 1571)

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


Saigon VRG Investment Business Description

Address Lot TT2-1, D4 Street, Dong Nam Industrial Zone, Hoa Phu Communes, Cu Chi district, Ho Chi Minh, VNM
Saigon VRG Investment Corp specializes in the development and construction of industrial parks, residential areas, and commercial centers, providing high-standard amenities, modern production, and a living environment.
87GF Score

Get the complete analysis for STC:SIP

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

₫50,000.00
Price
₫76,817.04
GF Value