Glory Forever PCL (BKK:GLORY) Days Payable: 40.04 (As of Mar. 2026) — 58% Below Median

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BKK:GLORY Glory Forever PCL BKK:GLORY
86 GF Score
Price ฿1.09
GF Value ฿1.49
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Glory Forever PCL Days Payable?

Glory Forever PCL BKK:GLORY +2.83% 86 Days Payable is 40.04 as of Mar. 2026, which is 58% below its 10-year median of 94.98. GuruFocus rates BKK:GLORY with a GF Score™ of 86/100 and a GF Value™ of ฿1.49 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 509 Conglomerates companies, Glory Forever PCL ranks worse than 71.32% on this metric.

Glory Forever PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿9.6 Mil. Glory Forever PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿21.9 Mil. Hence, Glory Forever PCL's Days Payable for the three months ended in Mar. 2026 was 40.04.

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

BKK:GLORY' s Days Payable Range Over the Past 10 Years
Min: 29.76   Med: 94.98   Max: 143.77
Current: 37.57

During the past 7 years, Glory Forever PCL's highest Days Payable was 143.77. The lowest was 29.76. And the median was 94.98.

BKK:GLORY's Days Payable is ranked worse than
71.32% of 509 companies
in the Conglomerates industry
Industry Median: 56.04 vs BKK:GLORY: 37.57

Glory Forever PCL's Days Payable declined from Mar. 2025 (41.47) to Mar. 2026 (40.04). It may suggest that Glory Forever PCL accelerated paying its suppliers.


Glory Forever PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Glory Forever 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.

Glory Forever PCL Days Payable Chart

Glory Forever PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 124.53 94.98 79.42 29.76 37.95

Glory Forever PCL Quarterly Data
Mar21 Jun21 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 41.47 39.78 34.49 32.47 40.04

BKK:GLORY vs MMM, HON: Days Payable Comparison

For the Conglomerates subindustry, Glory Forever 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.


Glory Forever PCL Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Glory Forever PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Glory Forever PCL's Days Payable falls into.


BKK:GLORY
86GF Score
Glory Forever PCL BKK:GLORY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Glory Forever 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.

Glory Forever 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
=( (9.69 + 9.686) / 2 ) / 93.181*365
=9.688 / 93.181*365
=37.95

Glory Forever 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
=( (9.686 + 9.495) / 2 ) / 21.856*365 / 4
=9.5905 / 21.856*365 / 4
=40.04

* 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 40.04 mean?
Glory Forever PCL (BKK:GLORY) has a Days Payable of 40.04 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 Glory Forever PCL and its competitors. This is 58% below median its historical median of 94.98. Over the past decade, Glory Forever PCL's Days Payable has ranged from 29.76 to 143.77. According to the industry distribution chart, Glory Forever PCL ranks #363 out of 509 companies in the Conglomerates industry, placing it in the top 71.3%.
Is Glory Forever PCL's Days Payable too high?
Glory Forever PCL's current Days Payable of 40.04 is 58% below median its 10-year median of 94.98. Over the past 10 years, this metric has ranged from a low of 29.76 to a high of 143.77. The Conglomerates industry median Days Payable is 56.04. Glory Forever PCL's value of 40.04 is 28.6% below this industry median. Based on the distribution chart, Glory Forever PCL ranks #363 out of 509 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Glory Forever PCL has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Glory Forever PCL's Days Payable compare to MMM and HON?
According to the Conglomerates industry distribution chart, Glory Forever PCL ranks #363 out of 509 companies for Days Payable. This places Glory Forever PCL in the lower half of its industry. The industry median Days Payable is 56.04. Glory Forever PCL's value of 40.04 is 28.6% below this benchmark. Historically, Glory Forever PCL's own Days Payable has ranged from 29.76 to 143.77 over the past decade. While the company's 10-year median is 94.98 vs. the industry median of 56.04, Glory Forever 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 a Conglomerates company?
The median Days Payable among Conglomerates companies is 56.04, based on 509 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. Glory Forever PCL's current Days Payable of 40.04 is 28.6% 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 Glory Forever PCL and its competitors. For the Conglomerates industry, the median Days Payable is 56.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glory Forever PCL's current Days Payable is 40.04, which is 58% below median its own 10-year median of 94.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glory Forever PCL stock overvalued right now?
Based on GuruFocus' analysis, Glory Forever PCL (BKK:GLORY) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.49, compared to a current price of ฿1.09 — trading 26.8% below its estimated fair value. The current Days Payable is 40.04, which is 58% below median its 10-year median of 94.98 and 28.6% below the Conglomerates industry median of 56.04. Glory Forever PCL's overall GF Score™ is 86/100 with 4 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 Glory Forever PCL (BKK:GLORY), the current Days Payable is 40.04 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 Glory Forever PCL (BKK:GLORY) Overvalued in 2026?

Based on GuruFocus' analysis, Glory Forever PCL stock appears to be undervalued. The current stock price of ฿1.09 is trading 26.8% below its estimated GF Value™ of ฿1.49. GuruFocus considers Glory Forever PCL to be Modestly Undervalued.

Key valuation signals for BKK:GLORY:

  • Days Payable: 40.04 (58% below median its 10-year median of 94.98)
  • GF Value™: ฿1.49 vs. price of ฿1.09 (26.8% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 28.6% below the Conglomerates median (#363 of 509)

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


Glory Forever PCL Business Description

Address 20 Moo 6, Tambon Phanthai Norasing, Amphoe Mueang Samut Sakhon, Samut Sakhon, THA, 74000
Glory Forever PCL is engaged in e-commerce, i.e., trading of products and services conducted over the internet, and providing services related to residential projects. The Group is organized into business units based on its products and services and has three reportable segments, namely the E-commerce segment, Residential segment, and Other segment. Maximum revenue is generated from the E-commerce segment, which includes sales and services via electronic media through the internet network, consisting of services relating to the online novel platform, Alisa, and Vtuber. The Residential segment offers residential services consisting of management services for residential projects, as well as contracting works. Geographically, the Group operates in Thailand only.
86GF Score

Get the complete analysis for BKK:GLORY

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

฿1.09
Price
฿1.49
GF Value