General Engineering PCL (BKK:GEL) Days Payable: 124.05 (As of Mar. 2026) — 49% Above Median

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What is General Engineering PCL Days Payable?

General Engineering PCL BKK:GEL +33.33% Days Payable is 124.05 as of Mar. 2026, which is 49% above its 10-year median of 83.08. The stock has 6 warning signs investors should review. Among 395 Building Materials companies, General Engineering PCL ranks better than 74.68% on this metric.

General Engineering PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿496 Mil. General Engineering PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿365 Mil. Hence, General Engineering PCL's Days Payable for the three months ended in Mar. 2026 was 124.05.

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

BKK:GEL' s Days Payable Range Over the Past 10 Years
Min: 65.67   Med: 83.08   Max: 128.38
Current: 128.38

During the past 13 years, General Engineering PCL's highest Days Payable was 128.38. The lowest was 65.67. And the median was 83.08.

BKK:GEL's Days Payable is ranked better than
74.68% of 395 companies
in the Building Materials industry
Industry Median: 69.35 vs BKK:GEL: 128.38

General Engineering PCL's Days Payable increased from Mar. 2025 (97.43) to Mar. 2026 (124.05). It may suggest that General Engineering PCL delayed paying its suppliers.


General Engineering PCL Days Payable Historical Data

* Premium members only.

The historical data trend for General 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.

General Engineering PCL Days Payable Chart

General 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 112.44 87.01 76.35 89.44 113.28

General 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 97.43 91.74 135.01 226.54 124.05

BKK:GEL vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, General 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.


General Engineering PCL Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, General Engineering PCL's Days Payable distribution charts can be found below:

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



General 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.

General 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
=( (752.495 + 492.65) / 2 ) / 2005.973*365
=622.5725 / 2005.973*365
=113.28

General 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
=( (492.65 + 499.628) / 2 ) / 364.962*365 / 4
=496.139 / 364.962*365 / 4
=124.05

* 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 124.05 mean?
General Engineering PCL (BKK:GEL) has a Days Payable of 124.05 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 General Engineering PCL and its competitors. This is 49% above median its historical median of 83.08. Over the past decade, General Engineering PCL's Days Payable has ranged from 65.67 to 128.38. According to the industry distribution chart, General Engineering PCL ranks #100 out of 395 companies in the Building Materials industry, placing it in the top 25.3%.
Is General Engineering PCL's Days Payable too high?
General Engineering PCL's current Days Payable of 124.05 is 49% above median its 10-year median of 83.08. Over the past 10 years, this metric has ranged from a low of 65.67 to a high of 128.38. The Building Materials industry median Days Payable is 69.35. General Engineering PCL's value of 124.05 is 78.9% above this industry median. Based on the distribution chart, General Engineering PCL ranks #100 out of 395 companies in the Building Materials industry, which is above the industry midpoint.
How does General Engineering PCL's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, General Engineering PCL ranks #100 out of 395 companies for Days Payable. This puts General Engineering PCL in the upper half of its industry. The industry median Days Payable is 69.35. General Engineering PCL's value of 124.05 is 78.9% above this benchmark. Historically, General Engineering PCL's own Days Payable has ranged from 65.67 to 128.38 over the past decade. While the company's 10-year median is 83.08 vs. the industry median of 69.35, General 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.35, based on 395 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. General Engineering PCL's current Days Payable of 124.05 is 78.9% 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 General Engineering PCL and its competitors. For the Building Materials industry, the median Days Payable is 69.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Engineering PCL's current Days Payable is 124.05, which is 49% above median its own 10-year median of 83.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Engineering PCL stock overvalued right now?
Based on GuruFocus' analysis, General Engineering PCL (BKK:GEL) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.04, compared to a current price of ฿0.04 — trading right at its estimated fair value. The current Days Payable is 124.05, which is 49% above median its 10-year median of 83.08 and 78.9% above the Building Materials industry median of 69.35. 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 General Engineering PCL (BKK:GEL), the current Days Payable is 124.05 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.

General Engineering PCL Business Description

Address 44/2 Moo 2 Tivanont Road, Bangkadi, Muang Pathumthani, Pathumthani, Pathumthani, THA, 12000
General Engineering PCL is engaged in the manufacturing and selling of construction material, prestressed concrete piles, precast concrete, glass fiber reinforced concrete, cementation products and post-tensioned slab, prestressed spun concrete piles, the special qualified PC wire and PC Strand and providing the construction and installation services for such products. Its operating segments are Manufacturing and distribution of concrete products, which is the key revenue-generating segment; Construction services; and Manufacturing and distribution of PC wire and PC strand. The company and its subsidiaries operate in Thailand only.