Ekarat Engineering PCL (BKK:AKR) Days Payable: 63.21 (As of Mar. 2026) — 12% Above Median

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BKK:AKR Ekarat Engineering PCL BKK:AKR
55 GF Score
Price ฿0.91
GF Value ฿0.68
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Ekarat Engineering PCL Days Payable?

Ekarat Engineering PCL BKK:AKR +2.25% 55 Days Payable is 63.21 as of Mar. 2026, which is 12% above its 10-year median of 56.41. GuruFocus rates BKK:AKR with a GF Score™ of 55/100 and a GF Value™ of ฿0.68 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,993 Industrial Products companies, Ekarat Engineering PCL ranks worse than 68.79% on this metric.

Ekarat Engineering PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿179 Mil. Ekarat Engineering PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿258 Mil. Hence, Ekarat Engineering PCL's Days Payable for the three months ended in Mar. 2026 was 63.21.

The historical rank and industry rank for Ekarat Engineering PCL's Days Payable or its related term are showing as below:

BKK:AKR' s Days Payable Range Over the Past 10 Years
Min: 28.69   Med: 56.41   Max: 72.97
Current: 50.39

During the past 13 years, Ekarat Engineering PCL's highest Days Payable was 72.97. The lowest was 28.69. And the median was 56.41.

BKK:AKR's Days Payable is ranked worse than
68.79% of 2993 companies
in the Industrial Products industry
Industry Median: 78.04 vs BKK:AKR: 50.39

Ekarat Engineering PCL's Days Payable increased from Mar. 2025 (44.88) to Mar. 2026 (63.21). It may suggest that Ekarat Engineering PCL delayed paying its suppliers.


Ekarat Engineering PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Ekarat Engineering PCL'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.

Ekarat Engineering PCL Days Payable Chart

Ekarat Engineering PCL 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 59.74 53.90 41.33 28.69 35.44

Ekarat Engineering PCL 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 44.88 50.08 50.26 32.11 63.21

BKK:AKR vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Ekarat Engineering PCL'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.


Ekarat Engineering PCL Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ekarat Engineering PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Ekarat Engineering PCL's Days Payable falls into.


BKK:AKR
55GF Score
Ekarat Engineering PCL BKK:AKR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ekarat Engineering PCL 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.

Ekarat Engineering PCL'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
=( (135.891 + 121.846) / 2 ) / 1327.079*365
=128.8685 / 1327.079*365
=35.44

Ekarat Engineering PCL'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
=( (121.846 + 235.44) / 2 ) / 257.872*365 / 4
=178.643 / 257.872*365 / 4
=63.21

* 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 63.21 mean?
Ekarat Engineering PCL (BKK:AKR) has a Days Payable of 63.21 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 Ekarat Engineering PCL and its competitors. This is 12% above median its historical median of 56.41. Over the past decade, Ekarat Engineering PCL's Days Payable has ranged from 28.69 to 72.97. According to the industry distribution chart, Ekarat Engineering PCL ranks #2059 out of 2993 companies in the Industrial Products industry, placing it in the top 68.8%.
Is Ekarat Engineering PCL's Days Payable too high?
Ekarat Engineering PCL's current Days Payable of 63.21 is 12% above median its 10-year median of 56.41. Over the past 10 years, this metric has ranged from a low of 28.69 to a high of 72.97. The Industrial Products industry median Days Payable is 78.04. Ekarat Engineering PCL's value of 63.21 is 19% below this industry median. Based on the distribution chart, Ekarat Engineering PCL ranks #2059 out of 2993 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Ekarat Engineering PCL has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ekarat Engineering PCL's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ekarat Engineering PCL ranks #2059 out of 2993 companies for Days Payable. This places Ekarat Engineering PCL in the lower half of its industry. The industry median Days Payable is 78.04. Ekarat Engineering PCL's value of 63.21 is 19% below this benchmark. Historically, Ekarat Engineering PCL's own Days Payable has ranged from 28.69 to 72.97 over the past decade. While the company's 10-year median is 56.41 vs. the industry median of 78.04, Ekarat Engineering PCL 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.04, based on 2,993 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. Ekarat Engineering PCL's current Days Payable of 63.21 is 19% 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 Ekarat Engineering PCL and its competitors. For the Industrial Products industry, the median Days Payable is 78.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ekarat Engineering PCL's current Days Payable is 63.21, which is 12% above median its own 10-year median of 56.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ekarat Engineering PCL stock overvalued right now?
Based on GuruFocus' analysis, Ekarat Engineering PCL (BKK:AKR) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.68, compared to a current price of ฿0.91 — trading 33.8% above its estimated fair value. The current Days Payable is 63.21, which is 12% above median its 10-year median of 56.41 and 19% below the Industrial Products industry median of 78.04. Ekarat Engineering PCL's overall GF Score™ is 55/100 with 5 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 Ekarat Engineering PCL (BKK:AKR), the current Days Payable is 63.21 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 Ekarat Engineering PCL (BKK:AKR) Overvalued in 2026?

Based on GuruFocus' analysis, Ekarat Engineering PCL stock appears to be overvalued. The current stock price of ฿0.91 is trading 33.8% above its estimated GF Value™ of ฿0.68. GuruFocus considers Ekarat Engineering PCL to be Significantly Overvalued.

Key valuation signals for BKK:AKR:

  • Days Payable: 63.21 (12% above median its 10-year median of 56.41)
  • GF Value™: ฿0.68 vs. price of ฿0.91 (33.8% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 19% below the Industrial Products median (#2059 of 2993)

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


Ekarat Engineering PCL Business Description

Address 9/291 UM Tower, Ramkhamhaeng Road, 28th Floor, Suanluang, Suanluang, Bangkok, THA, 10250
Ekarat Engineering PCL is engaged in manufacturing and distribution of transformers and solar farms. Its segments include Manufacturing and distribution; Services; and Installation of a solar panel. It derives the majority of the revenue from the Manufacturing and distribution segment.
55GF Score

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

฿0.91
Price
฿0.68
GF Value