City Steel PCL (BKK:CITY-R) Days Payable: 25.49 (As of Oct. 2025) — 64% Above Median


BKK:CITY-R City Steel PCL BKK:CITY-R
50 GF Score
Price ฿1.36
GF Value ฿1.74
! 2 Warning Signs
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What is City Steel PCL Days Payable?

City Steel PCL BKK:CITY-R 50 Days Payable is 25.49 as of Oct. 2025, which is 64% above its 10-year median of 15.51. GuruFocus rates BKK:CITY-R with a GF Score™ of 50/100 and a GF Value™ of ฿1.74. The stock has 2 warning signs investors should review. Among 2,997 Industrial Products companies, City Steel PCL ranks worse than 94.63% on this metric.

City Steel PCL's average Accounts Payable for the three months ended in Oct. 2025 was ฿4.54 Mil. City Steel PCL's Cost of Goods Sold for the three months ended in Oct. 2025 was ฿16.27 Mil. Hence, City Steel PCL's Days Payable for the three months ended in Oct. 2025 was 25.49.

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

BKK:CITY-R' s Days Payable Range Over the Past 10 Years
Min: 8.35   Med: 15.51   Max: 24.91
Current: 19.9

During the past 13 years, City Steel PCL's highest Days Payable was 24.91. The lowest was 8.35. And the median was 15.51.

BKK:CITY-R's Days Payable is ranked worse than
94.63% of 2997 companies
in the Industrial Products industry
Industry Median: 77.54 vs BKK:CITY-R: 19.90

City Steel PCL's Days Payable increased from Oct. 2024 (12.53) to Oct. 2025 (25.49). It may suggest that City Steel PCL delayed paying its suppliers.


City Steel PCL Days Payable Historical Data

* Premium members only.

The historical data trend for City Steel 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.

City Steel PCL Days Payable Chart

City Steel PCL Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.62 24.91 20.02 16.56 11.99

City Steel PCL Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25
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 12.53 17.99 15.83 16.41 25.49

BKK:CITY-R vs ATI, CRS, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, City Steel 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.


City Steel PCL Days Payable vs Industrial Products Industry

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

* The bar in red indicates where City Steel PCL's Days Payable falls into.


BKK:CITY-R
50GF Score
City Steel PCL BKK:CITY-R
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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City Steel 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.

City Steel PCL's Days Payable for the fiscal year that ended in Jul. 2025 is calculated as

Days Payable (A: Jul. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2024 ) + Accounts Payable (A: Jul. 2025 )) / count ) / Cost of Goods Sold (A: Jul. 2025 )*Days in Period
=( (1.835 + 2.517) / 2 ) / 66.262*365
=2.176 / 66.262*365
=11.99

City Steel PCL's Days Payable for the quarter that ended in Oct. 2025 is calculated as:

Days Payable (Q: Oct. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2025 ) + Accounts Payable (Q: Oct. 2025 )) / count ) / Cost of Goods Sold (Q: Oct. 2025 )*Days in Period
=( (2.517 + 6.57) / 2 ) / 16.266*365 / 4
=4.5435 / 16.266*365 / 4
=25.49

* 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 25.49 mean?
City Steel PCL (BKK:CITY-R) has a Days Payable of 25.49 as of Oct. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on City Steel PCL and its competitors. This is 64% above median its historical median of 15.51. Over the past decade, City Steel PCL's Days Payable has ranged from 8.35 to 24.91. According to the industry distribution chart, City Steel PCL ranks #2836 out of 2997 companies in the Industrial Products industry, placing it in the top 94.6%.
Is City Steel PCL's Days Payable too high?
City Steel PCL's current Days Payable of 25.49 is 64% above median its 10-year median of 15.51. Over the past 10 years, this metric has ranged from a low of 8.35 to a high of 24.91. The Industrial Products industry median Days Payable is 77.54. City Steel PCL's value of 25.49 is 67.1% below this industry median. Based on the distribution chart, City Steel PCL ranks #2836 out of 2997 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, City Steel PCL has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does City Steel PCL's Days Payable compare to ATI and CRS?
According to the Industrial Products industry distribution chart, City Steel PCL ranks #2836 out of 2997 companies for Days Payable. This places City Steel PCL in the lower half of its industry. The industry median Days Payable is 77.54. City Steel PCL's value of 25.49 is 67.1% below this benchmark. Historically, City Steel PCL's own Days Payable has ranged from 8.35 to 24.91 over the past decade. While the company's 10-year median is 15.51 vs. the industry median of 77.54, City Steel 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 77.54, based on 2,997 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. City Steel PCL's current Days Payable of 25.49 is 67.1% 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 City Steel PCL and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. City Steel PCL's current Days Payable is 25.49, which is 64% above median its own 10-year median of 15.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City Steel PCL stock overvalued right now?
City Steel PCL (BKK:CITY-R) has a current Days Payable of 25.49. The stock's GF Value™ is ฿1.74, compared to a current price of ฿1.36 — trading 21.8% below its estimated fair value. The current Days Payable is 25.49, which is 64% above median its 10-year median of 15.51 and 67.1% below the Industrial Products industry median of 77.54. City Steel PCL's overall GF Score™ is 50/100 with 2 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 City Steel PCL (BKK:CITY-R), the current Days Payable is 25.49 as of Oct. 2025. 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 City Steel PCL (BKK:CITY-R) Overvalued in 2026?

Based on GuruFocus' analysis, City Steel PCL stock appears to be undervalued. The current stock price of ฿1.36 is trading 21.8% below its estimated GF Value™ of ฿1.74.

Key valuation signals for BKK:CITY-R:

  • Days Payable: 25.49 (64% above median its 10-year median of 15.51)
  • GF Value™: ฿1.74 vs. price of ฿1.36 (21.8% below fair value)
  • GF Score™: 50/100 with 2 warning signs
  • Industry Position: 67.1% below the Industrial Products median (#2836 of 2997)

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


City Steel PCL Business Description

Other Exchanges CITY:Thailand
Address Bypass Road, 88/3 Moo 4, Tumbol Nongmaidaeng, Amphur Muang, Chonburi, THA, 20000
City Steel PCL is principally engaged in the manufacturing and sale of metal structures, storage systems, and material handling equipment, and fabricated metal parts, as well as the provision of one-stop metal processing services and the sale of metals. Geographically, the company operates only in Thailand.
50GF Score

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

฿1.36
Price
฿1.74
GF Value