The Steel PCL (BKK:THE-R) Accounts Payable & Accrued Expense: ฿270 Mil (As of Mar. 2026)

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BKK:THE-R The Steel PCL BKK:THE-R
32 GF Score
Price ฿0.83
GF Value ฿0.82
! 6 Warning Signs
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What is The Steel PCL Accounts Payable & Accrued Expense?

The Steel PCL BKK:THE-R 32 Accounts Payable & Accrued Expense is ฿270 Mil as of Mar. 2026. GuruFocus rates BKK:THE-R with a GF Score™ of 32/100 and a GF Value™ of ฿0.82. The stock has 6 warning signs investors should review.

The Steel PCL's quarterly accounts payable & accrued expense declined from Sep. 2025 (฿354 Mil) to Dec. 2025 (฿173 Mil) but then increased from Dec. 2025 (฿173 Mil) to Mar. 2026 (฿270 Mil).

The Steel PCL's annual accounts payable & accrued expense increased from Dec. 2023 (฿141 Mil) to Dec. 2024 (฿490 Mil) but then declined from Dec. 2024 (฿490 Mil) to Dec. 2025 (฿173 Mil).

The Steel PCL Accounts Payable & Accrued Expense Historical Data

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The historical data trend for The Steel PCL's Accounts Payable & Accrued Expense 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.

The Steel PCL Accounts Payable & Accrued Expense Chart

The Steel PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 356.20 153.00 140.78 490.14 173.12

The Steel PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts Payable & Accrued Expense 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 362.99 380.14 353.69 173.12 269.95
BKK:THE-R
32GF Score
The Steel PCL BKK:THE-R
Accounts Payable & Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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The Steel PCL Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

What does a Accounts Payable & Accrued Expense of ฿270 Mil mean?
The Steel PCL (BKK:THE-R) has a Accounts Payable & Accrued Expense of ฿270 Mil as of Mar. 2026. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on The Steel PCL and its competitors.
Is The Steel PCL's Accounts Payable & Accrued Expense too high?
The Steel PCL's current Accounts Payable & Accrued Expense is ฿270 Mil. Overall, The Steel PCL has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does The Steel PCL's Accounts Payable & Accrued Expense compare to NUE and STLD?
The Steel PCL's Accounts Payable & Accrued Expense of ฿270 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for a Steel company?
A good Accounts Payable & Accrued Expense depends on the Steel industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on The Steel PCL and its competitors. The Steel PCL's current Accounts Payable & Accrued Expense is ฿270 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Steel PCL stock overvalued right now?
The Steel PCL (BKK:THE-R) has a current Accounts Payable & Accrued Expense of ฿270 Mil. The stock's GF Value™ is ฿0.82, compared to a current price of ฿0.83 — trading 1.6% above its estimated fair value. The current Accounts Payable & Accrued Expense is ฿270 Mil. The Steel PCL's overall GF Score™ is 32/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For The Steel PCL (BKK:THE-R), the current Accounts Payable & Accrued Expense is ฿270 Mil 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 The Steel PCL (BKK:THE-R) Overvalued in 2026?

Based on GuruFocus' analysis, The Steel PCL stock appears to be overvalued. The current stock price of ฿0.83 is trading 1.6% above its estimated GF Value™ of ฿0.82.

Key valuation signals for BKK:THE-R:

  • Accounts Payable & Accrued Expense: ฿270 Mil
  • GF Value™: ฿0.82 vs. price of ฿0.83 (1.6% above fair value)
  • GF Score™: 32/100 with 6 warning signs

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

The Steel PCL Business Description

Other Exchanges THE:Thailand
Address 7/4, 7/6 Moo 1 Khae rai, Kratumban, Samutsakorn, THA, 74110
The Steel PCL is principally engaged in the selling and transforming hot rolled steel sheets and coils and other structural steels and logistic services of steel. Its product portfolio includes hot-rolled coils, and processed forms such as slit coils, steel sheets, hot-formed structural steel, and cold-formed structural steel, as well as other steel products. In addition, the company also processes certain steel products, including steel sheets, slit coils, flat steel, folded angle steel, folded channel steel, steel pipes, and C-shaped structural steel. The company operates in two reportable segments: Revenue from sales of steels, which accounts for a majority of its revenue, and Revenue from logistic services. Geographically, it is managed and operates principally in Thailand.
32GF Score

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

฿0.83
Price
฿0.82
GF Value