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Gulf Development PCLBKK:GULF -1.14%16 Days Payable is 47.26 as of Mar. 2026, which is 83% above its 10-year median of 25.81. GuruFocus rates BKK:GULF with a GF Score™ of 16/100. The stock has 12 warning signs investors should review. Among 395 Utilities - Independent Power Producers companies, Gulf Development PCL ranks worse than 65.32% on this metric.
Gulf Development PCL's Days Payable
increased
from Mar. 2025 (38.61) to Mar. 2026 (47.26).
It may suggest that Gulf Development PCLdelayed paying its suppliers.
Gulf Development PCL Days Payable Related Terms
Gulf Development PCL Days Payable Historical Data
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The historical data trend for Gulf Development 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.
BKK:GULF vs CEG, VST, NRG: Days Payable Comparison
For the Utilities - Independent Power Producers subindustry, Gulf Development 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.
Gulf Development PCL Days Payable vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Gulf Development PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Gulf Development 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.
Gulf Development 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.
Gulf Development PCL (BKK:GULF) has a Days Payable of 47.26 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 Gulf Development PCL and its competitors. This is 83% above median its historical median of 25.81. Over the past decade, Gulf Development PCL's Days Payable has ranged from 22.96 to 1,555.04. According to the industry distribution chart, Gulf Development PCL ranks #258 out of 395 companies in the Utilities - Independent Power Producers industry, placing it in the top 65.3%.
Is Gulf Development PCL's Days Payable too high?
Gulf Development PCL's current Days Payable of 47.26 is 83% above median its 10-year median of 25.81. Over the past 10 years, this metric has ranged from a low of 22.96 to a high of 1,555.04. The Utilities - Independent Power Producers industry median Days Payable is 80.03. Gulf Development PCL's value of 47.26 is 40.9% below this industry median. Based on the distribution chart, Gulf Development PCL ranks #258 out of 395 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Gulf Development PCL has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Gulf Development PCL's Days Payable compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Gulf Development PCL ranks #258 out of 395 companies for Days Payable. This places Gulf Development PCL in the lower half of its industry. The industry median Days Payable is 80.03. Gulf Development PCL's value of 47.26 is 40.9% below this benchmark. Historically, Gulf Development PCL's own Days Payable has ranged from 22.96 to 1,555.04 over the past decade. While the company's 10-year median is 25.81 vs. the industry median of 80.03, Gulf Development 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 an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 80.03, 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. Gulf Development PCL's current Days Payable of 47.26 is 40.9% 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 Gulf Development PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 80.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulf Development PCL's current Days Payable is 47.26, which is 83% above median its own 10-year median of 25.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulf Development PCL stock overvalued right now?
Gulf Development PCL (BKK:GULF) has a current Days Payable of 47.26. The current Days Payable is 47.26, which is 83% above median its 10-year median of 25.81 and 40.9% below the Utilities - Independent Power Producers industry median of 80.03. Gulf Development PCL's overall GF Score™ is 16/100 with 12 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 Gulf Development PCL (BKK:GULF), the current Days Payable is 47.26 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.
Gulf Development PCL is a Thailand-based company mainly involved in the electricity-generating business. The group's principal operations are to generate and sell electricity and steam, store and convert natural gas from liquid to gas, provide satellite services, and operate other businesses in domestic and international markets. It is also involved in the business of renewable energy, such as solar rooftops and biomass energy. The group's reportable segments are: Power business (which generates maximum revenue), Consulting business, Infrastructure business, and Satellite and digital business. Geographically, it derives maximum revenue from Thailand.
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