Asia Metal PCL (BKK:AMC) Days Payable: 12.35 (As of Mar. 2026) — 58% Below Median

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BKK:AMC Asia Metal PCL BKK:AMC
68 GF Score
Price ฿2.08
GF Value ฿2.18
Valuation Fairly Valued
! 8 Warning Signs
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What is Asia Metal PCL Days Payable?

Asia Metal PCL BKK:AMC +0.97% 68 Days Payable is 12.35 as of Mar. 2026, which is 58% below its 10-year median of 29.08. GuruFocus rates BKK:AMC with a GF Score™ of 68/100 and a GF Value™ of ฿2.18 (Fairly Valued). The stock has 8 warning signs investors should review. Among 598 Steel companies, Asia Metal PCL ranks worse than 75.08% on this metric.

Asia Metal PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿194 Mil. Asia Metal PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿1,431 Mil. Hence, Asia Metal PCL's Days Payable for the three months ended in Mar. 2026 was 12.35.

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

BKK:AMC' s Days Payable Range Over the Past 10 Years
Min: 7.16   Med: 29.08   Max: 51.37
Current: 21.99

During the past 13 years, Asia Metal PCL's highest Days Payable was 51.37. The lowest was 7.16. And the median was 29.08.

BKK:AMC's Days Payable is ranked worse than
75.08% of 598 companies
in the Steel industry
Industry Median: 41.385 vs BKK:AMC: 21.99

Asia Metal PCL's Days Payable declined from Mar. 2025 (27.44) to Mar. 2026 (12.35). It may suggest that Asia Metal PCL accelerated paying its suppliers.


Asia Metal PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Asia Metal 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.

Asia Metal PCL Days Payable Chart

Asia Metal 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 9.88 33.13 33.90 30.91 24.44

Asia Metal 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 27.44 21.73 32.47 26.22 12.35

BKK:AMC vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Asia Metal 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.


Asia Metal PCL Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Asia Metal PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Asia Metal PCL's Days Payable falls into.


BKK:AMC
68GF Score
Asia Metal PCL BKK:AMC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Metal 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.

Asia Metal 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
=( (611.839 + 188.43) / 2 ) / 5976.18*365
=400.1345 / 5976.18*365
=24.44

Asia Metal 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
=( (188.43 + 198.744) / 2 ) / 1430.833*365 / 4
=193.587 / 1430.833*365 / 4
=12.35

* 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 12.35 mean?
Asia Metal PCL (BKK:AMC) has a Days Payable of 12.35 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 Asia Metal PCL and its competitors. This is 58% below median its historical median of 29.08. Over the past decade, Asia Metal PCL's Days Payable has ranged from 7.16 to 51.37. According to the industry distribution chart, Asia Metal PCL ranks #449 out of 598 companies in the Steel industry, placing it in the top 75.1%.
Is Asia Metal PCL's Days Payable too high?
Asia Metal PCL's current Days Payable of 12.35 is 58% below median its 10-year median of 29.08. Over the past 10 years, this metric has ranged from a low of 7.16 to a high of 51.37. The Steel industry median Days Payable is 41.39. Asia Metal PCL's value of 12.35 is 70.2% below this industry median. Based on the distribution chart, Asia Metal PCL ranks #449 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Asia Metal PCL has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Metal PCL's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Asia Metal PCL ranks #449 out of 598 companies for Days Payable. This places Asia Metal PCL in the lower half of its industry. The industry median Days Payable is 41.39. Asia Metal PCL's value of 12.35 is 70.2% below this benchmark. Historically, Asia Metal PCL's own Days Payable has ranged from 7.16 to 51.37 over the past decade. While the company's 10-year median is 29.08 vs. the industry median of 41.39, Asia Metal 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 a Steel company?
The median Days Payable among Steel companies is 41.39, based on 598 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. Asia Metal PCL's current Days Payable of 12.35 is 70.2% 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 Asia Metal PCL and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Metal PCL's current Days Payable is 12.35, which is 58% below median its own 10-year median of 29.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Metal PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Metal PCL (BKK:AMC) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.18, compared to a current price of ฿2.08 — trading 4.6% below its estimated fair value. The current Days Payable is 12.35, which is 58% below median its 10-year median of 29.08 and 70.2% below the Steel industry median of 41.39. Asia Metal PCL's overall GF Score™ is 68/100 with 8 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 Asia Metal PCL (BKK:AMC), the current Days Payable is 12.35 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 Asia Metal PCL (BKK:AMC) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Metal PCL stock appears to be undervalued. The current stock price of ฿2.08 is trading 4.6% below its estimated GF Value™ of ฿2.18. GuruFocus considers Asia Metal PCL to be Fairly Valued.

Key valuation signals for BKK:AMC:

  • Days Payable: 12.35 (58% below median its 10-year median of 29.08)
  • GF Value™: ฿2.18 vs. price of ฿2.08 (4.6% below fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 70.2% below the Steel median (#449 of 598)

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


Asia Metal PCL Business Description

Address Srinakarin Road, 55, 55/1 Moo 2 Soi Watnamdaeng, Tambol Bangkaew, Amphur Bangplee, Samutprakarn, THA, 10540
Asia Metal PCL is engaged in manufacturing and trading processed steel products and rendering service for the manufacturing of processed steel. Its products include integrated steel roll coiled, both hot-rolled and cold-rolled type, the cut-and-steel sheet, and rolling a Little (slitting coil). The company also manufactures and distributes steel pipe and structural steel C-shape used by various industries. Its segment is the manufacturing and trading of processed steel products and rendering service for cutting and modifying steels. It has only one geographical segment because it operates only in Thailand.
68GF Score

Get the complete analysis for BKK:AMC

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

฿2.08
Price
฿2.18
GF Value