Bangkok Aviation Fuel Services PCL (BKK:BAFS) Days Payable: 44.26 (As of Mar. 2026) — 214% Above Median


BKK:BAFS Bangkok Aviation Fuel Services PCL BKK:BAFS
70 GF Score
Price ฿9.45
GF Value ฿15.58
Valuation Possible Value Trap
! 9 Warning Signs
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What is Bangkok Aviation Fuel Services PCL Days Payable?

Bangkok Aviation Fuel Services PCL BKK:BAFS -0.53% 70 Days Payable is 44.26 as of Mar. 2026, which is 214% above its 10-year median of 14.08. GuruFocus rates BKK:BAFS with a GF Score™ of 70/100 and a GF Value™ of ฿15.58 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 972 Transportation companies, Bangkok Aviation Fuel Services PCL ranks better than 59.77% on this metric.

Bangkok Aviation Fuel Services PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿228 Mil. Bangkok Aviation Fuel Services PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿470 Mil. Hence, Bangkok Aviation Fuel Services PCL's Days Payable for the three months ended in Mar. 2026 was 44.26.

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

BKK:BAFS' s Days Payable Range Over the Past 10 Years
Min: 10.27   Med: 14.08   Max: 49.12
Current: 49.12

During the past 13 years, Bangkok Aviation Fuel Services PCL's highest Days Payable was 49.12. The lowest was 10.27. And the median was 14.08.

BKK:BAFS's Days Payable is ranked better than
59.77% of 972 companies
in the Transportation industry
Industry Median: 38.905 vs BKK:BAFS: 49.12

Bangkok Aviation Fuel Services PCL's Days Payable increased from Mar. 2025 (35.16) to Mar. 2026 (44.26). It may suggest that Bangkok Aviation Fuel Services PCL delayed paying its suppliers.


Bangkok Aviation Fuel Services PCL Days Payable Related Terms


Bangkok Aviation Fuel Services PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Bangkok Aviation Fuel 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.

Bangkok Aviation Fuel Services PCL Days Payable Chart

Bangkok Aviation Fuel 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 10.27 11.32 10.79 15.54 19.33

Bangkok Aviation Fuel 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 35.16 52.18 55.64 39.19 44.26

BKK:BAFS vs JOBY, CAAP: Days Payable Comparison

For the Airports & Air Services subindustry, Bangkok Aviation Fuel 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.


Bangkok Aviation Fuel Services PCL Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Bangkok Aviation Fuel Services PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Bangkok Aviation Fuel Services PCL's Days Payable falls into.


BKK:BAFS
70GF Score
Bangkok Aviation Fuel Services PCL BKK:BAFS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bangkok Aviation Fuel 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.

Bangkok Aviation Fuel 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
=( (111.82 + 104.079) / 2 ) / 2038.128*365
=107.9495 / 2038.128*365
=19.33

Bangkok Aviation Fuel 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
=( (104.079 + 352.301) / 2 ) / 470.455*365 / 4
=228.19 / 470.455*365 / 4
=44.26

* 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 44.26 mean?
Bangkok Aviation Fuel Services PCL (BKK:BAFS) has a Days Payable of 44.26 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 Bangkok Aviation Fuel Services PCL and its competitors. This is 214% above median its historical median of 14.08. Over the past decade, Bangkok Aviation Fuel Services PCL's Days Payable has ranged from 10.27 to 49.12. According to the industry distribution chart, Bangkok Aviation Fuel Services PCL ranks #391 out of 972 companies in the Transportation industry, placing it in the top 40.2%.
Is Bangkok Aviation Fuel Services PCL's Days Payable too high?
Bangkok Aviation Fuel Services PCL's current Days Payable of 44.26 is 214% above median its 10-year median of 14.08. Over the past 10 years, this metric has ranged from a low of 10.27 to a high of 49.12. The Transportation industry median Days Payable is 38.91. Bangkok Aviation Fuel Services PCL's value of 44.26 is 13.8% above this industry median. Based on the distribution chart, Bangkok Aviation Fuel Services PCL ranks #391 out of 972 companies in the Transportation industry, which is above the industry midpoint. Overall, Bangkok Aviation Fuel Services PCL has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bangkok Aviation Fuel Services PCL's Days Payable compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Bangkok Aviation Fuel Services PCL ranks #391 out of 972 companies for Days Payable. This puts Bangkok Aviation Fuel Services PCL in the upper half of its industry. The industry median Days Payable is 38.91. Bangkok Aviation Fuel Services PCL's value of 44.26 is 13.8% above this benchmark. Historically, Bangkok Aviation Fuel Services PCL's own Days Payable has ranged from 10.27 to 49.12 over the past decade. While the company's 10-year median is 14.08 vs. the industry median of 38.91, Bangkok Aviation Fuel Services PCL has consistently been above 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 Transportation company?
The median Days Payable among Transportation companies is 38.91, based on 972 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. Bangkok Aviation Fuel Services PCL's current Days Payable of 44.26 is 13.8% above 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 Bangkok Aviation Fuel Services PCL and its competitors. For the Transportation industry, the median Days Payable is 38.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Aviation Fuel Services PCL's current Days Payable is 44.26, which is 214% above median its own 10-year median of 14.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Aviation Fuel Services PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Aviation Fuel Services PCL (BKK:BAFS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿15.58, compared to a current price of ฿9.45 — trading 39.3% below its estimated fair value. The current Days Payable is 44.26, which is 214% above median its 10-year median of 14.08 and 13.8% above the Transportation industry median of 38.91. Bangkok Aviation Fuel Services PCL's overall GF Score™ is 70/100 with 9 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 Bangkok Aviation Fuel Services PCL (BKK:BAFS), the current Days Payable is 44.26 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 Bangkok Aviation Fuel Services PCL (BKK:BAFS) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Aviation Fuel Services PCL stock appears to be undervalued. The current stock price of ฿9.45 is trading 39.3% below its estimated GF Value™ of ฿15.58. GuruFocus considers Bangkok Aviation Fuel Services PCL to be Possible Value Trap.

Key valuation signals for BKK:BAFS:

  • Days Payable: 44.26 (214% above median its 10-year median of 14.08)
  • GF Value™: ฿15.58 vs. price of ฿9.45 (39.3% below fair value)
  • GF Score™: 70/100 with 9 warning signs
  • Industry Position: 13.8% above the Transportation median (#391 of 972)

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


Bangkok Aviation Fuel Services PCL Business Description

Address 171/2 Kamphang Phet 6 Road, Don Mueang, Khet Don Mueang, Bangkok, THA, 10210
Bangkok Aviation Fuel Services PCL provides fuel services and storage for multiple airports in Thailand. The company has three operating segments: The aviation segment, the Utility and Power segment, and the business solution segment. The aviation segment provides in-plane service, manufacture, and assembly of hydrant dispensers. The utilities and power segment provides fuel pipeline transportation services, as well as the generation and distribution of electricity from solar power to the government. The business solution segment involves the development, design, manufacture, and sales of innovation and digital products, including the provision of other services. The majority of its revenue is generated from the Aviation segment.
70GF Score

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

฿9.45
Price
฿15.58
GF Value