CSP Steel Center PCLBKK:CSP-R 31 Days Payable is 14.76 as of Mar. 2026, which is 39% above its 10-year median of 10.63. GuruFocus rates BKK:CSP-R with a GF Score™ of 31/100 and a GF Value™ of ฿0.49. The stock has 6 warning signs investors should review. Among 603 Steel companies, CSP Steel Center PCL ranks worse than 86.24% on this metric.
The historical rank and industry rank for CSP Steel Center PCL's Days Payable or its related term are showing as below:
BKK:CSP-R'
s Days Payable Range Over the Past 10 Years
Min: 3.43 Med: 10.63 Max: 13.95
Current: 13.76
During the past 13 years, CSP Steel Center PCL's highest Days Payable was 13.95. The lowest was 3.43. And the median was 10.63.
BKK:CSP-R's Days Payable is ranked worse than 86.24% of 603
companies
in the Steel industry
Industry Median: 41.53
vs BKK:CSP-R: 13.76
CSP Steel Center PCL's Days Payable
increased
from Mar. 2025 (11.75) to Mar. 2026 (14.76).
It may suggest that CSP Steel Center PCLdelayed paying its suppliers.
CSP Steel Center PCL Days Payable Related Terms
CSP Steel Center PCL Days Payable Historical Data
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The historical data trend for CSP Steel Center 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.
BKK:CSP-R vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, CSP Steel Center 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.
CSP Steel Center PCL Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, CSP Steel Center PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where CSP Steel Center PCL's Days Payable falls into.
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.
CSP Steel Center PCL's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
CSP Steel Center PCL (BKK:CSP-R) has a Days Payable of 14.76 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 CSP Steel Center PCL and its competitors. This is 39% above median its historical median of 10.63. Over the past decade, CSP Steel Center PCL's Days Payable has ranged from 3.43 to 13.95. According to the industry distribution chart, CSP Steel Center PCL ranks #520 out of 603 companies in the Steel industry, placing it in the top 86.2%.
Is CSP Steel Center PCL's Days Payable too high?
CSP Steel Center PCL's current Days Payable of 14.76 is 39% above median its 10-year median of 10.63. Over the past 10 years, this metric has ranged from a low of 3.43 to a high of 13.95. The Steel industry median Days Payable is 41.53. CSP Steel Center PCL's value of 14.76 is 64.5% below this industry median. Based on the distribution chart, CSP Steel Center PCL ranks #520 out of 603 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, CSP Steel Center PCL has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does CSP Steel Center PCL's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, CSP Steel Center PCL ranks #520 out of 603 companies for Days Payable. This places CSP Steel Center PCL in the lower half of its industry. The industry median Days Payable is 41.53. CSP Steel Center PCL's value of 14.76 is 64.5% below this benchmark. Historically, CSP Steel Center PCL's own Days Payable has ranged from 3.43 to 13.95 over the past decade. While the company's 10-year median is 10.63 vs. the industry median of 41.53, CSP Steel Center 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 Steel company?
The median Days Payable among Steel companies is 41.53, based on 603 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. CSP Steel Center PCL's current Days Payable of 14.76 is 64.5% 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 CSP Steel Center PCL and its competitors. For the Steel industry, the median Days Payable is 41.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSP Steel Center PCL's current Days Payable is 14.76, which is 39% above median its own 10-year median of 10.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSP Steel Center PCL stock overvalued right now?
CSP Steel Center PCL (BKK:CSP-R) has a current Days Payable of 14.76. The stock's GF Value™ is ฿0.49, compared to a current price of ฿0.39 — trading 20.4% below its estimated fair value. The current Days Payable is 14.76, which is 39% above median its 10-year median of 10.63 and 64.5% below the Steel industry median of 41.53. CSP Steel Center PCL's overall GF Score™ is 31/100 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 CSP Steel Center PCL (BKK:CSP-R), the current Days Payable is 14.76 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 CSP Steel Center PCL (BKK:CSP-R) Overvalued in 2026?
Based on GuruFocus' analysis, CSP Steel Center PCL stock appears to be undervalued.
The current stock price of ฿0.39 is trading 20.4% below its estimated GF Value™ of ฿0.49.
Key valuation signals for BKK:CSP-R:
Days Payable: 14.76 (39% above median its 10-year median of 10.63)
GF Value™: ฿0.49 vs. price of ฿0.39 (20.4% below fair value)
Industry Position: 64.5% below the Steel median (#520 of 603)
No single metric tells the full story. See the BKK:CSP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CSP Steel Center PCL is a Thailand-based firm engaged in the manufacture and sale of sheet steel finished goods and rolled steel pipe. The company's product portfolio includes Cutting cold rolled sheet, Hot rolled steel, Coated sheets in both plate and coil types, Cold rolled steel pipe, and hot rolled steel pipe, among others. Geographically, the company operates in Thailand. The company has a single reportable segment which is the business of distribution of steel products.
31GF Score
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