Asian Marine Services PCL (BKK:ASIMAR) Days Payable: 25.72 (As of Mar. 2026) — 28% Below Median


BKK:ASIMAR Asian Marine Services PCL BKK:ASIMAR
75 GF Score
Price ฿1.40
GF Value ฿1.91
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Asian Marine Services PCL Days Payable?

Asian Marine Services PCL BKK:ASIMAR +2.19% 75 Days Payable is 25.72 as of Mar. 2026, which is 28% below its 10-year median of 35.49. GuruFocus rates BKK:ASIMAR with a GF Score™ of 75/100 and a GF Value™ of ฿1.91 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 339 Aerospace & Defense companies, Asian Marine Services PCL ranks worse than 83.78% on this metric.

Asian Marine Services PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿45.9 Mil. Asian Marine Services PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿162.9 Mil. Hence, Asian Marine Services PCL's Days Payable for the three months ended in Mar. 2026 was 25.72.

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

BKK:ASIMAR' s Days Payable Range Over the Past 10 Years
Min: 21.25   Med: 35.49   Max: 57.67
Current: 30.73

During the past 13 years, Asian Marine Services PCL's highest Days Payable was 57.67. The lowest was 21.25. And the median was 35.49.

BKK:ASIMAR's Days Payable is ranked worse than
83.78% of 339 companies
in the Aerospace & Defense industry
Industry Median: 64.65 vs BKK:ASIMAR: 30.73

Asian Marine Services PCL's Days Payable declined from Mar. 2025 (65.74) to Mar. 2026 (25.72). It may suggest that Asian Marine Services PCL accelerated paying its suppliers.


Asian Marine Services PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Asian Marine Services 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.

Asian Marine Services PCL Days Payable Chart

Asian Marine Services 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 28.83 21.25 34.06 45.36 57.67

Asian Marine Services 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 65.74 31.86 33.39 33.81 25.72

BKK:ASIMAR vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, Asian Marine Services 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.


Asian Marine Services PCL Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Asian Marine Services PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Asian Marine Services PCL's Days Payable falls into.


BKK:ASIMAR
75GF Score
Asian Marine Services PCL BKK:ASIMAR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Asian Marine Services 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.

Asian Marine Services 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
=( (174.479 + 49.544) / 2 ) / 708.902*365
=112.0115 / 708.902*365
=57.67

Asian Marine Services 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
=( (49.544 + 42.301) / 2 ) / 162.927*365 / 4
=45.9225 / 162.927*365 / 4
=25.72

* 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 25.72 mean?
Asian Marine Services PCL (BKK:ASIMAR) has a Days Payable of 25.72 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 Asian Marine Services PCL and its competitors. This is 28% below median its historical median of 35.49. Over the past decade, Asian Marine Services PCL's Days Payable has ranged from 21.25 to 57.67. According to the industry distribution chart, Asian Marine Services PCL ranks #284 out of 339 companies in the Aerospace & Defense industry, placing it in the top 83.8%.
Is Asian Marine Services PCL's Days Payable too high?
Asian Marine Services PCL's current Days Payable of 25.72 is 28% below median its 10-year median of 35.49. Over the past 10 years, this metric has ranged from a low of 21.25 to a high of 57.67. The Aerospace & Defense industry median Days Payable is 64.65. Asian Marine Services PCL's value of 25.72 is 60.2% below this industry median. Based on the distribution chart, Asian Marine Services PCL ranks #284 out of 339 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Asian Marine Services PCL has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asian Marine Services PCL's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Asian Marine Services PCL ranks #284 out of 339 companies for Days Payable. This places Asian Marine Services PCL in the lower half of its industry. The industry median Days Payable is 64.65. Asian Marine Services PCL's value of 25.72 is 60.2% below this benchmark. Historically, Asian Marine Services PCL's own Days Payable has ranged from 21.25 to 57.67 over the past decade. While the company's 10-year median is 35.49 vs. the industry median of 64.65, Asian Marine Services 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.65, based on 339 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. Asian Marine Services PCL's current Days Payable of 25.72 is 60.2% 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 Asian Marine Services PCL and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Marine Services PCL's current Days Payable is 25.72, which is 28% below median its own 10-year median of 35.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Marine Services PCL stock overvalued right now?
Based on GuruFocus' analysis, Asian Marine Services PCL (BKK:ASIMAR) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.91, compared to a current price of ฿1.40 — trading 26.7% below its estimated fair value. The current Days Payable is 25.72, which is 28% below median its 10-year median of 35.49 and 60.2% below the Aerospace & Defense industry median of 64.65. Asian Marine Services PCL's overall GF Score™ is 75/100 with 6 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 Asian Marine Services PCL (BKK:ASIMAR), the current Days Payable is 25.72 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 Asian Marine Services PCL (BKK:ASIMAR) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Marine Services PCL stock appears to be undervalued. The current stock price of ฿1.40 is trading 26.7% below its estimated GF Value™ of ฿1.91. GuruFocus considers Asian Marine Services PCL to be Modestly Undervalued.

Key valuation signals for BKK:ASIMAR:

  • Days Payable: 25.72 (28% below median its 10-year median of 35.49)
  • GF Value™: ฿1.91 vs. price of ฿1.40 (26.7% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 60.2% below the Aerospace & Defense median (#284 of 339)

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


Asian Marine Services PCL Business Description

Address 128 Moo 3 Suksawad Road, Laemfapa, Prasamutjedee, Samutprakan, THA, 10290
Asian Marine Services PCL is principally engaged in the shipbuilding and ship repair services. It provides services such as ship repair, shipbuilding, engineering construction projects such as steel structures, airport passenger walkways, and oil rig construction, etc. The company and its subsidiaries' business operations involve three principal segments, namely, Ship Repairing, Shipbuilding, and Ship Supply. The majority of the company's revenue is derived from the Ship repairing segment. Geographically, it operates mainly in Thailand.
75GF Score

Get the complete analysis for BKK:ASIMAR

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

฿1.40
Price
฿1.91
GF Value