Chiangmai Rimdoi PCL (BKK:CRD) Days Payable: 50.48 (As of Mar. 2026) — 10% Below Median

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BKK:CRD Chiangmai Rimdoi PCL BKK:CRD
49 GF Score
Price ฿0.55
GF Value ฿0.40
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Chiangmai Rimdoi PCL Days Payable?

Chiangmai Rimdoi PCL BKK:CRD 49 Days Payable is 50.48 as of Mar. 2026, which is 10% below its 10-year median of 56.22. GuruFocus rates BKK:CRD with a GF Score™ of 49/100 and a GF Value™ of ฿0.40 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,721 Construction companies, Chiangmai Rimdoi PCL ranks worse than 61.82% on this metric.

Chiangmai Rimdoi PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿109.3 Mil. Chiangmai Rimdoi PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿197.6 Mil. Hence, Chiangmai Rimdoi PCL's Days Payable for the three months ended in Mar. 2026 was 50.48.

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

BKK:CRD' s Days Payable Range Over the Past 10 Years
Min: 44.82   Med: 56.22   Max: 75.57
Current: 59.75

During the past 12 years, Chiangmai Rimdoi PCL's highest Days Payable was 75.57. The lowest was 44.82. And the median was 56.22.

BKK:CRD's Days Payable is ranked worse than
61.82% of 1721 companies
in the Construction industry
Industry Median: 76.51 vs BKK:CRD: 59.75

Chiangmai Rimdoi PCL's Days Payable declined from Mar. 2025 (64.28) to Mar. 2026 (50.48). It may suggest that Chiangmai Rimdoi PCL accelerated paying its suppliers.


Chiangmai Rimdoi PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Chiangmai Rimdoi 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.

Chiangmai Rimdoi PCL Days Payable Chart

Chiangmai Rimdoi 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 57.24 55.87 75.57 54.38 62.10

Chiangmai Rimdoi 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 64.28 85.33 58.92 50.74 50.48

BKK:CRD vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Chiangmai Rimdoi 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.


Chiangmai Rimdoi PCL Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Chiangmai Rimdoi PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Chiangmai Rimdoi PCL's Days Payable falls into.


BKK:CRD
49GF Score
Chiangmai Rimdoi PCL BKK:CRD
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chiangmai Rimdoi 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.

Chiangmai Rimdoi 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
=( (152.981 + 118.717) / 2 ) / 798.436*365
=135.849 / 798.436*365
=62.10

Chiangmai Rimdoi 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
=( (118.717 + 99.913) / 2 ) / 197.599*365 / 4
=109.315 / 197.599*365 / 4
=50.48

* 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 50.48 mean?
Chiangmai Rimdoi PCL (BKK:CRD) has a Days Payable of 50.48 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 Chiangmai Rimdoi PCL and its competitors. This is 10% below median its historical median of 56.22. Over the past decade, Chiangmai Rimdoi PCL's Days Payable has ranged from 44.82 to 75.57. According to the industry distribution chart, Chiangmai Rimdoi PCL ranks #1064 out of 1721 companies in the Construction industry, placing it in the top 61.8%.
Is Chiangmai Rimdoi PCL's Days Payable too high?
Chiangmai Rimdoi PCL's current Days Payable of 50.48 is 10% below median its 10-year median of 56.22. Over the past 10 years, this metric has ranged from a low of 44.82 to a high of 75.57. The Construction industry median Days Payable is 76.51. Chiangmai Rimdoi PCL's value of 50.48 is 34% below this industry median. Based on the distribution chart, Chiangmai Rimdoi PCL ranks #1064 out of 1721 companies in the Construction industry, which is below the industry midpoint. Overall, Chiangmai Rimdoi PCL has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chiangmai Rimdoi PCL's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Chiangmai Rimdoi PCL ranks #1064 out of 1721 companies for Days Payable. This places Chiangmai Rimdoi PCL in the lower half of its industry. The industry median Days Payable is 76.51. Chiangmai Rimdoi PCL's value of 50.48 is 34% below this benchmark. Historically, Chiangmai Rimdoi PCL's own Days Payable has ranged from 44.82 to 75.57 over the past decade. While the company's 10-year median is 56.22 vs. the industry median of 76.51, Chiangmai Rimdoi 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 Construction company?
The median Days Payable among Construction companies is 76.51, based on 1,721 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. Chiangmai Rimdoi PCL's current Days Payable of 50.48 is 34% 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 Chiangmai Rimdoi PCL and its competitors. For the Construction industry, the median Days Payable is 76.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chiangmai Rimdoi PCL's current Days Payable is 50.48, which is 10% below median its own 10-year median of 56.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chiangmai Rimdoi PCL stock overvalued right now?
Based on GuruFocus' analysis, Chiangmai Rimdoi PCL (BKK:CRD) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.40, compared to a current price of ฿0.55 — trading 37.5% above its estimated fair value. The current Days Payable is 50.48, which is 10% below median its 10-year median of 56.22 and 34% below the Construction industry median of 76.51. Chiangmai Rimdoi PCL's overall GF Score™ is 49/100 with 5 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 Chiangmai Rimdoi PCL (BKK:CRD), the current Days Payable is 50.48 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 Chiangmai Rimdoi PCL (BKK:CRD) Overvalued in 2026?

Based on GuruFocus' analysis, Chiangmai Rimdoi PCL stock appears to be overvalued. The current stock price of ฿0.55 is trading 37.5% above its estimated GF Value™ of ฿0.40. GuruFocus considers Chiangmai Rimdoi PCL to be Significantly Overvalued.

Key valuation signals for BKK:CRD:

  • Days Payable: 50.48 (10% below median its 10-year median of 56.22)
  • GF Value™: ฿0.40 vs. price of ฿0.55 (37.5% above fair value)
  • GF Score™: 49/100 with 5 warning signs
  • Industry Position: 34% below the Construction median (#1064 of 1721)

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


Chiangmai Rimdoi PCL Business Description

Address No. 164 / 34-36 Changklan Road, Changklan, Muang, Chiang Mai, THA, 50100
Chiangmai Rimdoi PCL is engaged in construction services and solid waste disposal services business. The company operates in Thailand only. The majority of its revenue is from construction services.
49GF Score

Get the complete analysis for BKK:CRD

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

฿0.55
Price
฿0.40
GF Value