Firetrade Engineering PCL (BKK:FTE) Days Payable: 53.10 (As of Mar. 2026) — Near Median


BKK:FTE Firetrade Engineering PCL BKK:FTE
80 GF Score
Price ฿2.68
GF Value ฿1.99
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Firetrade Engineering PCL Days Payable?

Firetrade Engineering PCL BKK:FTE 80 Days Payable is 53.10 as of Mar. 2026, which is 1% below its 10-year median of 53.81. GuruFocus rates BKK:FTE with a GF Score™ of 80/100 and a GF Value™ of ฿1.99 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 945 Business Services companies, Firetrade Engineering PCL ranks better than 57.57% on this metric.

Firetrade Engineering PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿186 Mil. Firetrade Engineering PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿319 Mil. Hence, Firetrade Engineering PCL's Days Payable for the three months ended in Mar. 2026 was 53.10.

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

BKK:FTE' s Days Payable Range Over the Past 10 Years
Min: 38.53   Med: 53.81   Max: 68.38
Current: 55.11

During the past 12 years, Firetrade Engineering PCL's highest Days Payable was 68.38. The lowest was 38.53. And the median was 53.81.

BKK:FTE's Days Payable is ranked better than
57.57% of 945 companies
in the Business Services industry
Industry Median: 46.11 vs BKK:FTE: 55.11

Firetrade Engineering PCL's Days Payable declined from Mar. 2025 (59.05) to Mar. 2026 (53.10). It may suggest that Firetrade Engineering PCL accelerated paying its suppliers.


Firetrade Engineering PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Firetrade Engineering 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.

Firetrade Engineering PCL Days Payable Chart

Firetrade Engineering 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 67.11 55.87 54.47 51.70 54.85

Firetrade Engineering 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 59.05 56.42 49.86 56.43 53.10

BKK:FTE vs ALLE, MSA, ADT: Days Payable Comparison

For the Security & Protection Services subindustry, Firetrade Engineering 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.


Firetrade Engineering PCL Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Firetrade Engineering PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Firetrade Engineering PCL's Days Payable falls into.


BKK:FTE
80GF Score
Firetrade Engineering PCL BKK:FTE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Firetrade Engineering 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.

Firetrade Engineering 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
=( (140.259 + 174.433) / 2 ) / 1046.972*365
=157.346 / 1046.972*365
=54.85

Firetrade Engineering 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
=( (174.433 + 196.758) / 2 ) / 318.911*365 / 4
=185.5955 / 318.911*365 / 4
=53.10

* 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 53.10 mean?
Firetrade Engineering PCL (BKK:FTE) has a Days Payable of 53.10 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 Firetrade Engineering PCL and its competitors. This is near median its historical median of 53.81. Over the past decade, Firetrade Engineering PCL's Days Payable has ranged from 38.53 to 68.38. According to the industry distribution chart, Firetrade Engineering PCL ranks #401 out of 945 companies in the Business Services industry, placing it in the top 42.4%.
Is Firetrade Engineering PCL's Days Payable too high?
Firetrade Engineering PCL's current Days Payable of 53.10 is near median its 10-year median of 53.81. Over the past 10 years, this metric has ranged from a low of 38.53 to a high of 68.38. The Business Services industry median Days Payable is 46.11. Firetrade Engineering PCL's value of 53.10 is 15.2% above this industry median. Based on the distribution chart, Firetrade Engineering PCL ranks #401 out of 945 companies in the Business Services industry, which is above the industry midpoint. Overall, Firetrade Engineering PCL has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Firetrade Engineering PCL's Days Payable compare to ALLE and MSA?
According to the Business Services industry distribution chart, Firetrade Engineering PCL ranks #401 out of 945 companies for Days Payable. This puts Firetrade Engineering PCL in the upper half of its industry. The industry median Days Payable is 46.11. Firetrade Engineering PCL's value of 53.10 is 15.2% above this benchmark. Historically, Firetrade Engineering PCL's own Days Payable has ranged from 38.53 to 68.38 over the past decade. While the company's 10-year median is 53.81 vs. the industry median of 46.11, Firetrade Engineering 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 Business Services company?
The median Days Payable among Business Services companies is 46.11, based on 945 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. Firetrade Engineering PCL's current Days Payable of 53.10 is 15.2% 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 Firetrade Engineering PCL and its competitors. For the Business Services industry, the median Days Payable is 46.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firetrade Engineering PCL's current Days Payable is 53.10, which is near median its own 10-year median of 53.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firetrade Engineering PCL stock overvalued right now?
Based on GuruFocus' analysis, Firetrade Engineering PCL (BKK:FTE) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.99, compared to a current price of ฿2.68 — trading 34.7% above its estimated fair value. The current Days Payable is 53.10, which is near median its 10-year median of 53.81 and 15.2% above the Business Services industry median of 46.11. Firetrade Engineering PCL's overall GF Score™ is 80/100 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 Firetrade Engineering PCL (BKK:FTE), the current Days Payable is 53.10 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 Firetrade Engineering PCL (BKK:FTE) Overvalued in 2026?

Based on GuruFocus' analysis, Firetrade Engineering PCL stock appears to be overvalued. The current stock price of ฿2.68 is trading 34.7% above its estimated GF Value™ of ฿1.99. GuruFocus considers Firetrade Engineering PCL to be Significantly Overvalued.

Key valuation signals for BKK:FTE:

  • Days Payable: 53.10 (near median its 10-year median of 53.81)
  • GF Value™: ฿1.99 vs. price of ฿2.68 (34.7% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 15.2% above the Business Services median (#401 of 945)

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


Firetrade Engineering PCL Business Description

Address 1198/5 Rama 9 Road, Phatthanakan Sub-district, Suanluang District, Bangkok, THA, 10250
Firetrade Engineering PCL is engaged in the sales of fire protection equipment and systems, design, installation, repair, and maintenance of fire protection systems. The company operates in two main business segments, namely sales of fire protection equipment systems and project works and services (design, installation, repair and maintenance of fire protection systems). Its products include fire protection equipment, foam system, cold water, and sanitary valves. The sales of the fire protection equipment systems segment act as a revenue driver for the firm. Its operations are in a single geographic area mainly in Thailand.
80GF Score

Get the complete analysis for BKK:FTE

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

฿2.68
Price
฿1.99
GF Value