Baan Rock Garden PCL (BKK:BROCK) Days Payable: 133.34 (As of Mar. 2026) — 203% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:BROCK Baan Rock Garden PCL BKK:BROCK
59 GF Score
Price ฿1.21
GF Value ฿1.74
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is Baan Rock Garden PCL Days Payable?

Baan Rock Garden PCL BKK:BROCK 59 Days Payable is 133.34 as of Mar. 2026, which is 203% above its 10-year median of 44.07. GuruFocus rates BKK:BROCK with a GF Score™ of 59/100 and a GF Value™ of ฿1.74 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 1,568 Real Estate companies, Baan Rock Garden PCL ranks better than 60.65% on this metric.

Baan Rock Garden PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿13.85 Mil. Baan Rock Garden PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿9.48 Mil. Hence, Baan Rock Garden PCL's Days Payable for the three months ended in Mar. 2026 was 133.34.

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

BKK:BROCK' s Days Payable Range Over the Past 10 Years
Min: 11.68   Med: 44.07   Max: 216.09
Current: 134.74

During the past 13 years, Baan Rock Garden PCL's highest Days Payable was 216.09. The lowest was 11.68. And the median was 44.07.

BKK:BROCK's Days Payable is ranked better than
60.65% of 1568 companies
in the Real Estate industry
Industry Median: 94.38 vs BKK:BROCK: 134.74

Baan Rock Garden PCL's Days Payable declined from Mar. 2025 (177.80) to Mar. 2026 (133.34). It may suggest that Baan Rock Garden PCL accelerated paying its suppliers.


Baan Rock Garden PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Baan Rock Garden 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.

Baan Rock Garden PCL Days Payable Chart

Baan Rock Garden 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 44.02 44.12 110.89 216.09 118.24

Baan Rock Garden 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 177.80 143.80 151.92 116.32 133.34

Baan Rock Garden PCL Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Baan Rock Garden 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.


Baan Rock Garden PCL Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Baan Rock Garden PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Baan Rock Garden PCL's Days Payable falls into.


BKK:BROCK
59GF Score
Baan Rock Garden PCL BKK:BROCK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baan Rock Garden 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.

Baan Rock Garden 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
=( (20.032 + 12.761) / 2 ) / 50.615*365
=16.3965 / 50.615*365
=118.24

Baan Rock Garden 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
=( (12.761 + 14.929) / 2 ) / 9.475*365 / 4
=13.845 / 9.475*365 / 4
=133.34

* 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 133.34 mean?
Baan Rock Garden PCL (BKK:BROCK) has a Days Payable of 133.34 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 Baan Rock Garden PCL and its competitors. This is 203% above median its historical median of 44.07. Over the past decade, Baan Rock Garden PCL's Days Payable has ranged from 11.68 to 216.09. According to the industry distribution chart, Baan Rock Garden PCL ranks #617 out of 1568 companies in the Real Estate industry, placing it in the top 39.3%.
Is Baan Rock Garden PCL's Days Payable too high?
Baan Rock Garden PCL's current Days Payable of 133.34 is 203% above median its 10-year median of 44.07. Over the past 10 years, this metric has ranged from a low of 11.68 to a high of 216.09. The Real Estate industry median Days Payable is 94.38. Baan Rock Garden PCL's value of 133.34 is 41.3% above this industry median. Based on the distribution chart, Baan Rock Garden PCL ranks #617 out of 1568 companies in the Real Estate industry, which is above the industry midpoint. Overall, Baan Rock Garden PCL has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Baan Rock Garden PCL's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Baan Rock Garden PCL ranks #617 out of 1568 companies for Days Payable. This puts Baan Rock Garden PCL in the upper half of its industry. The industry median Days Payable is 94.38. Baan Rock Garden PCL's value of 133.34 is 41.3% above this benchmark. Historically, Baan Rock Garden PCL's own Days Payable has ranged from 11.68 to 216.09 over the past decade. While the company's 10-year median is 44.07 vs. the industry median of 94.38, Baan Rock Garden 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,568 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. Baan Rock Garden PCL's current Days Payable of 133.34 is 41.3% 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 Baan Rock Garden PCL and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baan Rock Garden PCL's current Days Payable is 133.34, which is 203% above median its own 10-year median of 44.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baan Rock Garden PCL stock overvalued right now?
Based on GuruFocus' analysis, Baan Rock Garden PCL (BKK:BROCK) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.74, compared to a current price of ฿1.21 — trading 30.5% below its estimated fair value. The current Days Payable is 133.34, which is 203% above median its 10-year median of 44.07 and 41.3% above the Real Estate industry median of 94.38. Baan Rock Garden PCL's overall GF Score™ is 59/100 with 1 warning sign 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 Baan Rock Garden PCL (BKK:BROCK), the current Days Payable is 133.34 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 Baan Rock Garden PCL (BKK:BROCK) Overvalued in 2026?

Based on GuruFocus' analysis, Baan Rock Garden PCL stock appears to be undervalued. The current stock price of ฿1.21 is trading 30.5% below its estimated GF Value™ of ฿1.74. GuruFocus considers Baan Rock Garden PCL to be Possible Value Trap.

Key valuation signals for BKK:BROCK:

  • Days Payable: 133.34 (203% above median its 10-year median of 44.07)
  • GF Value™: ฿1.74 vs. price of ฿1.21 (30.5% below fair value)
  • GF Score™: 59/100 with 1 warning sign
  • Industry Position: 41.3% above the Real Estate median (#617 of 1568)

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


Baan Rock Garden PCL Business Description

Address Pracha-Uthit Road, 601 Ramkhamheang 39, Wang Thonglang, Bangkok, THA, 10310
Baan Rock Garden PCL is involved in the real estate business. It is engaged in the development of single-attached houses, townhouses, and commercial buildings. The company mainly develops its real estate under the project title Baan Rock Garden in Bangkok and other provinces. Its project portfolio comprises Rock Garden House 3, Rock Garden House, Rock Garden Airport Phase 1, Baan Rock Garden Chalong Krung, and others. The company has a single reportable segment, which is the business of real estate development in the type of allotted house for sale, and its operation is in one geographical area, which is Thailand.
59GF Score

Get the complete analysis for BKK:BROCK

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

฿1.21
Price
฿1.74
GF Value