Forth PCLBKK:FORTH-R 84 Days Payable is 69.69 as of Mar. 2026, which is 5% below its 10-year median of 73.52. GuruFocus rates BKK:FORTH-R with a GF Score™ of 84/100 and a GF Value™ of ฿6.11. The stock has 6 warning signs investors should review. Among 505 Conglomerates companies, Forth PCL ranks better than 50.5% on this metric.
Forth PCL's average Accounts Payable for the
three
months ended in Mar. 2026 was ฿1,425 Mil. Forth PCL's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ฿1,866 Mil.
Hence, Forth PCL's Days Payable for the
three
months ended in Mar. 2026 was 69.69.
The historical rank and industry rank for Forth PCL's Days Payable or its related term are showing as below:
BKK:FORTH-R'
s Days Payable Range Over the Past 10 Years
Min: 48.67 Med: 73.52 Max: 91.27
Current: 56.44
During the past 13 years, Forth PCL's highest Days Payable was 91.27. The lowest was 48.67. And the median was 73.52.
BKK:FORTH-R's Days Payable is ranked better than 50.5% of 505
companies
in the Conglomerates industry
Industry Median: 56
vs BKK:FORTH-R: 56.44
Forth PCL's Days Payable
increased
from Mar. 2025 (67.06) to Mar. 2026 (69.69).
It may suggest that Forth PCLdelayed paying its suppliers.
Forth PCL Days Payable Related Terms
Forth PCL Days Payable Historical Data
* Premium members only.
The historical data trend for Forth 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.
For the Conglomerates subindustry, Forth 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.
Forth PCL Days Payable vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Forth PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Forth 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.
Forth 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.
Forth PCL (BKK:FORTH-R) has a Days Payable of 69.69 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 Forth PCL and its competitors. This is near median its historical median of 73.52. Over the past decade, Forth PCL's Days Payable has ranged from 48.67 to 91.27. According to the industry distribution chart, Forth PCL ranks #250 out of 505 companies in the Conglomerates industry, placing it in the top 49.5%.
Is Forth PCL's Days Payable too high?
Forth PCL's current Days Payable of 69.69 is near median its 10-year median of 73.52. Over the past 10 years, this metric has ranged from a low of 48.67 to a high of 91.27. The Conglomerates industry median Days Payable is 56.00. Forth PCL's value of 69.69 is 24.4% above this industry median. Based on the distribution chart, Forth PCL ranks #250 out of 505 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Forth PCL has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Forth PCL's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Forth PCL ranks #250 out of 505 companies for Days Payable. This puts Forth PCL in the upper half of its industry. The industry median Days Payable is 56.00. Forth PCL's value of 69.69 is 24.4% above this benchmark. Historically, Forth PCL's own Days Payable has ranged from 48.67 to 91.27 over the past decade. While the company's 10-year median is 73.52 vs. the industry median of 56.00, Forth 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.00, based on 505 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. Forth PCL's current Days Payable of 69.69 is 24.4% 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 Forth PCL and its competitors. For the Conglomerates industry, the median Days Payable is 56.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forth PCL's current Days Payable is 69.69, which is near median its own 10-year median of 73.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forth PCL stock overvalued right now?
Forth PCL (BKK:FORTH-R) has a current Days Payable of 69.69. The stock's GF Value™ is ฿6.11, compared to a current price of ฿6.44 — trading 5.4% above its estimated fair value. The current Days Payable is 69.69, which is near median its 10-year median of 73.52 and 24.4% above the Conglomerates industry median of 56.00. Forth PCL's overall GF Score™ is 84/100 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 Forth PCL (BKK:FORTH-R), the current Days Payable is 69.69 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 Forth PCL (BKK:FORTH-R) Overvalued in 2026?
Based on GuruFocus' analysis, Forth PCL stock appears to be overvalued.
The current stock price of ฿6.44 is trading 5.4% above its estimated GF Value™ of ฿6.11.
Key valuation signals for BKK:FORTH-R:
Days Payable: 69.69 (near median its 10-year median of 73.52)
GF Value™: ฿6.11 vs. price of ฿6.44 (5.4% above fair value)
Industry Position: 24.4% above the Conglomerates median (#250 of 505)
No single metric tells the full story. See the BKK:FORTH-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forth Corp PCL manufactures and distributes electronic equipment and project work relating to design and install telecommunication equipment. The company's segments include Electronics manufacturing service business sources, manufactures and distributes electronics parts, both work manufactured order and general equipment; Enterprise solutions business bids for project work, sources, subcontracts and install various systems for the government and private sectors; Smart service business provides online financial transaction service and sells products and service through vending machines and provides lending services. The Enterprise solutions business derives the majority of the revenue. Geographically it operates in Thailand, Netherlands, United States of America, and Others.
84GF Score
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