Globlex Holding Management PCL (BKK:GBX) Days Payable: 167.81 (As of Jun. 2026) — 16% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:GBX Globlex Holding Management PCL BKK:GBX
66 GF Score
Price ฿0.77
GF Value ฿1.04
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Globlex Holding Management PCL Days Payable?

Globlex Holding Management PCL BKK:GBX 66 Days Payable is 167.81 as of Jun. 2026, which is 16% below its 10-year median of 199.33. GuruFocus rates BKK:GBX with a GF Score™ of 66/100 and a GF Value™ of ฿1.04 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 533 Capital Markets companies, Globlex Holding Management PCL ranks better than 63.23% on this metric.

Globlex Holding Management PCL's average Accounts Payable for the three months ended in Jun. 2026 was ฿407.2 Mil. Globlex Holding Management PCL's Cost of Goods Sold for the three months ended in Jun. 2026 was ฿221.4 Mil. Hence, Globlex Holding Management PCL's Days Payable for the three months ended in Jun. 2026 was 167.81.

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

BKK:GBX' s Days Payable Range Over the Past 10 Years
Min: 3.64   Med: 199.33   Max: 649.36
Current: 253.34

During the past 13 years, Globlex Holding Management PCL's highest Days Payable was 649.36. The lowest was 3.64. And the median was 199.33.

BKK:GBX's Days Payable is ranked better than
63.23% of 533 companies
in the Capital Markets industry
Industry Median: 96.57 vs BKK:GBX: 253.34

Globlex Holding Management PCL's Days Payable declined from Mar. 2025 (240.60) to Jun. 2026 (167.81). It may suggest that Globlex Holding Management PCL accelerated paying its suppliers.


Globlex Holding Management PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Globlex Holding Management 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.

Globlex Holding Management PCL Days Payable Chart

Globlex Holding Management 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 425.02 440.78 424.26 277.98 120.68

Globlex Holding Management PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Jun26
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 240.60 263.76 192.89 115.81 167.81

BKK:GBX vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, Globlex Holding Management 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.


Globlex Holding Management PCL Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Globlex Holding Management PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Globlex Holding Management PCL's Days Payable falls into.


BKK:GBX
66GF Score
Globlex Holding Management PCL BKK:GBX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globlex Holding Management 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.

Globlex Holding Management 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
=( (298.617 + 81.51) / 2 ) / 574.852*365
=190.0635 / 574.852*365
=120.68

Globlex Holding Management PCL's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (81.51 + 732.831) / 2 ) / 221.401*365 / 4
=407.1705 / 221.401*365 / 4
=167.81

* 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 167.81 mean?
Globlex Holding Management PCL (BKK:GBX) has a Days Payable of 167.81 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Globlex Holding Management PCL and its competitors. This is 16% below median its historical median of 199.33. Over the past decade, Globlex Holding Management PCL's Days Payable has ranged from 3.64 to 649.36. According to the industry distribution chart, Globlex Holding Management PCL ranks #196 out of 533 companies in the Capital Markets industry, placing it in the top 36.8%.
Is Globlex Holding Management PCL's Days Payable too high?
Globlex Holding Management PCL's current Days Payable of 167.81 is 16% below median its 10-year median of 199.33. Over the past 10 years, this metric has ranged from a low of 3.64 to a high of 649.36. The Capital Markets industry median Days Payable is 96.57. Globlex Holding Management PCL's value of 167.81 is 73.8% above this industry median. Based on the distribution chart, Globlex Holding Management PCL ranks #196 out of 533 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Globlex Holding Management PCL has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Globlex Holding Management PCL's Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Globlex Holding Management PCL ranks #196 out of 533 companies for Days Payable. This puts Globlex Holding Management PCL in the upper half of its industry. The industry median Days Payable is 96.57. Globlex Holding Management PCL's value of 167.81 is 73.8% above this benchmark. Historically, Globlex Holding Management PCL's own Days Payable has ranged from 3.64 to 649.36 over the past decade. While the company's 10-year median is 199.33 vs. the industry median of 96.57, Globlex Holding Management 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 96.57, based on 533 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. Globlex Holding Management PCL's current Days Payable of 167.81 is 73.8% 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 Globlex Holding Management PCL and its competitors. For the Capital Markets industry, the median Days Payable is 96.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globlex Holding Management PCL's current Days Payable is 167.81, which is 16% below median its own 10-year median of 199.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globlex Holding Management PCL stock overvalued right now?
Based on GuruFocus' analysis, Globlex Holding Management PCL (BKK:GBX) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.04, compared to a current price of ฿0.77 — trading 26% below its estimated fair value. The current Days Payable is 167.81, which is 16% below median its 10-year median of 199.33 and 73.8% above the Capital Markets industry median of 96.57. Globlex Holding Management PCL's overall GF Score™ is 66/100 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 Globlex Holding Management PCL (BKK:GBX), the current Days Payable is 167.81 as of Jun. 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 Globlex Holding Management PCL (BKK:GBX) Overvalued in 2026?

Based on GuruFocus' analysis, Globlex Holding Management PCL stock appears to be undervalued. The current stock price of ฿0.77 is trading 26% below its estimated GF Value™ of ฿1.04. GuruFocus considers Globlex Holding Management PCL to be Modestly Undervalued.

Key valuation signals for BKK:GBX:

  • Days Payable: 167.81 (16% below median its 10-year median of 199.33)
  • GF Value™: ฿1.04 vs. price of ฿0.77 (26% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 73.8% above the Capital Markets median (#196 of 533)

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


Globlex Holding Management PCL Business Description

Other Exchanges GBX-F:Thailand
Address Wireless Road, Lumpini, Phatumwan, Number 87/2, 12th Floor, CRC Tower, All Seasons Place, Bangkok, THA, 10330
Globlex Holding Management PCL is a Thailand-based investment holding company. It is principally engaged in securities borrowing and lending. The company operates in three business segments namely Holding business, Securities business, and Other business. The company generates maximum revenue from the Securities business segment. Geographically, the company mainly operates in Thailand.
66GF Score

Get the complete analysis for BKK:GBX

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

฿0.77
Price
฿1.04
GF Value