Fine Metal Technologies PCL (BKK:FMT) Days Payable: 23.54 (As of Mar. 2026) — 14% Below Median


BKK:FMT Fine Metal Technologies PCL BKK:FMT
56 GF Score
Price ฿20.30
GF Value ฿27.74
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Fine Metal Technologies PCL Days Payable?

Fine Metal Technologies PCL BKK:FMT -6.02% 56 Days Payable is 23.54 as of Mar. 2026, which is 14% below its 10-year median of 27.40. GuruFocus rates BKK:FMT with a GF Score™ of 56/100 and a GF Value™ of ฿27.74 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,986 Industrial Products companies, Fine Metal Technologies PCL ranks worse than 86.77% on this metric.

Fine Metal Technologies PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿483 Mil. Fine Metal Technologies PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿1,872 Mil. Hence, Fine Metal Technologies PCL's Days Payable for the three months ended in Mar. 2026 was 23.54.

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

BKK:FMT' s Days Payable Range Over the Past 10 Years
Min: 13.36   Med: 27.4   Max: 48.29
Current: 30.49

During the past 13 years, Fine Metal Technologies PCL's highest Days Payable was 48.29. The lowest was 13.36. And the median was 27.40.

BKK:FMT's Days Payable is ranked worse than
86.77% of 2986 companies
in the Industrial Products industry
Industry Median: 78.065 vs BKK:FMT: 30.49

Fine Metal Technologies PCL's Days Payable declined from Mar. 2025 (25.04) to Mar. 2026 (23.54). It may suggest that Fine Metal Technologies PCL accelerated paying its suppliers.


Fine Metal Technologies PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Fine Metal Technologies 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.

Fine Metal Technologies PCL Days Payable Chart

Fine Metal Technologies 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 21.57 23.04 18.42 13.36 17.33

Fine Metal Technologies 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 25.04 36.07 35.39 19.57 23.54

BKK:FMT vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Fine Metal Technologies 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.


Fine Metal Technologies PCL Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Fine Metal Technologies PCL's Days Payable falls into.


BKK:FMT
56GF Score
Fine Metal Technologies PCL BKK:FMT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fine Metal Technologies 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.

Fine Metal Technologies 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
=( (385.223 + 236.522) / 2 ) / 6546.773*365
=310.8725 / 6546.773*365
=17.33

Fine Metal Technologies 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
=( (236.522 + 729.278) / 2 ) / 1871.797*365 / 4
=482.9 / 1871.797*365 / 4
=23.54

* 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 23.54 mean?
Fine Metal Technologies PCL (BKK:FMT) has a Days Payable of 23.54 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 Fine Metal Technologies PCL and its competitors. This is 14% below median its historical median of 27.40. Over the past decade, Fine Metal Technologies PCL's Days Payable has ranged from 13.36 to 48.29. According to the industry distribution chart, Fine Metal Technologies PCL ranks #2591 out of 2986 companies in the Industrial Products industry, placing it in the top 86.8%.
Is Fine Metal Technologies PCL's Days Payable too high?
Fine Metal Technologies PCL's current Days Payable of 23.54 is 14% below median its 10-year median of 27.40. Over the past 10 years, this metric has ranged from a low of 13.36 to a high of 48.29. The Industrial Products industry median Days Payable is 78.07. Fine Metal Technologies PCL's value of 23.54 is 69.8% below this industry median. Based on the distribution chart, Fine Metal Technologies PCL ranks #2591 out of 2986 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Fine Metal Technologies PCL has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fine Metal Technologies PCL's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Fine Metal Technologies PCL ranks #2591 out of 2986 companies for Days Payable. This places Fine Metal Technologies PCL in the lower half of its industry. The industry median Days Payable is 78.07. Fine Metal Technologies PCL's value of 23.54 is 69.8% below this benchmark. Historically, Fine Metal Technologies PCL's own Days Payable has ranged from 13.36 to 48.29 over the past decade. While the company's 10-year median is 27.40 vs. the industry median of 78.07, Fine Metal Technologies 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 78.07, based on 2,986 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. Fine Metal Technologies PCL's current Days Payable of 23.54 is 69.8% 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 Fine Metal Technologies PCL and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fine Metal Technologies PCL's current Days Payable is 23.54, which is 14% below median its own 10-year median of 27.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fine Metal Technologies PCL stock overvalued right now?
Based on GuruFocus' analysis, Fine Metal Technologies PCL (BKK:FMT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿27.74, compared to a current price of ฿20.30 — trading 26.8% below its estimated fair value. The current Days Payable is 23.54, which is 14% below median its 10-year median of 27.40 and 69.8% below the Industrial Products industry median of 78.07. Fine Metal Technologies PCL's overall GF Score™ is 56/100 with 7 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 Fine Metal Technologies PCL (BKK:FMT), the current Days Payable is 23.54 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 Fine Metal Technologies PCL (BKK:FMT) Overvalued in 2026?

Based on GuruFocus' analysis, Fine Metal Technologies PCL stock appears to be undervalued. The current stock price of ฿20.30 is trading 26.8% below its estimated GF Value™ of ฿27.74. GuruFocus considers Fine Metal Technologies PCL to be Modestly Undervalued.

Key valuation signals for BKK:FMT:

  • Days Payable: 23.54 (14% below median its 10-year median of 27.40)
  • GF Value™: ฿27.74 vs. price of ฿20.30 (26.8% below fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 69.8% below the Industrial Products median (#2591 of 2986)

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


Fine Metal Technologies PCL Business Description

Address Rajdamri Road, 183 Regent House Building, 14th Floor, Lumpini, Pathumwan, Bangkok, THA, 10330
Fine Metal Technologies PCL is engaged in the manufacturing and distribution of a seamless copper tube, which is an important component for air-conditioners and refrigerator equipment. Its products include Smooth Tube, Multi Groove Tube, Accumulator Tube, and Capillary Tube. Geographically, the company operates in Thailand, Malaysia, Japan, and Other countries.
56GF Score

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

฿20.30
Price
฿27.74
GF Value