Hwa Fong Rubber (Thailand) PCL (BKK:HFT) Days Payable: 33.34 (As of Mar. 2026) — 12% Below Median

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BKK:HFT Hwa Fong Rubber (Thailand) PCL BKK:HFT
66 GF Score
Price ฿4.02
GF Value ฿3.82
Valuation Fairly Valued
! 8 Warning Signs
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What is Hwa Fong Rubber (Thailand) PCL Days Payable?

Hwa Fong Rubber (Thailand) PCL BKK:HFT -0.50% 66 Days Payable is 33.34 as of Mar. 2026, which is 12% below its 10-year median of 37.89. GuruFocus rates BKK:HFT with a GF Score™ of 66/100 and a GF Value™ of ฿3.82 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Hwa Fong Rubber (Thailand) PCL ranks worse than 83.23% on this metric.

Hwa Fong Rubber (Thailand) PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿194 Mil. Hwa Fong Rubber (Thailand) PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿530 Mil. Hence, Hwa Fong Rubber (Thailand) PCL's Days Payable for the three months ended in Mar. 2026 was 33.34.

The historical rank and industry rank for Hwa Fong Rubber (Thailand) PCL's Days Payable or its related term are showing as below:

BKK:HFT' s Days Payable Range Over the Past 10 Years
Min: 31.05   Med: 37.89   Max: 48.34
Current: 33.8

During the past 13 years, Hwa Fong Rubber (Thailand) PCL's highest Days Payable was 48.34. The lowest was 31.05. And the median was 37.89.

BKK:HFT's Days Payable is ranked worse than
83.23% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs BKK:HFT: 33.80

Hwa Fong Rubber (Thailand) PCL's Days Payable declined from Mar. 2025 (43.08) to Mar. 2026 (33.34). It may suggest that Hwa Fong Rubber (Thailand) PCL accelerated paying its suppliers.


Hwa Fong Rubber (Thailand) PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Hwa Fong Rubber (Thailand) 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.

Hwa Fong Rubber (Thailand) PCL Days Payable Chart

Hwa Fong Rubber (Thailand) 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 45.11 38.24 34.28 37.18 37.54

Hwa Fong Rubber (Thailand) 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 43.08 37.69 33.45 27.02 33.34

BKK:HFT vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Hwa Fong Rubber (Thailand) 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.


Hwa Fong Rubber (Thailand) PCL Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hwa Fong Rubber (Thailand) PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Hwa Fong Rubber (Thailand) PCL's Days Payable falls into.


BKK:HFT
66GF Score
Hwa Fong Rubber (Thailand) PCL BKK:HFT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hwa Fong Rubber (Thailand) 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.

Hwa Fong Rubber (Thailand) 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
=( (282.726 + 192.729) / 2 ) / 2311.331*365
=237.7275 / 2311.331*365
=37.54

Hwa Fong Rubber (Thailand) 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
=( (192.729 + 194.372) / 2 ) / 529.788*365 / 4
=193.5505 / 529.788*365 / 4
=33.34

* 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 33.34 mean?
Hwa Fong Rubber (Thailand) PCL (BKK:HFT) has a Days Payable of 33.34 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 Hwa Fong Rubber (Thailand) PCL and its competitors. This is 12% below median its historical median of 37.89. Over the past decade, Hwa Fong Rubber (Thailand) PCL's Days Payable has ranged from 31.05 to 48.34. According to the industry distribution chart, Hwa Fong Rubber (Thailand) PCL ranks #1087 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 83.2%.
Is Hwa Fong Rubber (Thailand) PCL's Days Payable too high?
Hwa Fong Rubber (Thailand) PCL's current Days Payable of 33.34 is 12% below median its 10-year median of 37.89. Over the past 10 years, this metric has ranged from a low of 31.05 to a high of 48.34. The Vehicles & Parts industry median Days Payable is 67.14. Hwa Fong Rubber (Thailand) PCL's value of 33.34 is 50.3% below this industry median. Based on the distribution chart, Hwa Fong Rubber (Thailand) PCL ranks #1087 out of 1306 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Hwa Fong Rubber (Thailand) PCL has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hwa Fong Rubber (Thailand) PCL's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hwa Fong Rubber (Thailand) PCL ranks #1087 out of 1306 companies for Days Payable. This places Hwa Fong Rubber (Thailand) PCL in the lower half of its industry. The industry median Days Payable is 67.14. Hwa Fong Rubber (Thailand) PCL's value of 33.34 is 50.3% below this benchmark. Historically, Hwa Fong Rubber (Thailand) PCL's own Days Payable has ranged from 31.05 to 48.34 over the past decade. While the company's 10-year median is 37.89 vs. the industry median of 67.14, Hwa Fong Rubber (Thailand) 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.14, based on 1,306 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. Hwa Fong Rubber (Thailand) PCL's current Days Payable of 33.34 is 50.3% 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 Hwa Fong Rubber (Thailand) PCL and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwa Fong Rubber (Thailand) PCL's current Days Payable is 33.34, which is 12% below median its own 10-year median of 37.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwa Fong Rubber (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Hwa Fong Rubber (Thailand) PCL (BKK:HFT) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.82, compared to a current price of ฿4.02 — trading 5.2% above its estimated fair value. The current Days Payable is 33.34, which is 12% below median its 10-year median of 37.89 and 50.3% below the Vehicles & Parts industry median of 67.14. Hwa Fong Rubber (Thailand) PCL's overall GF Score™ is 66/100 with 8 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 Hwa Fong Rubber (Thailand) PCL (BKK:HFT), the current Days Payable is 33.34 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 Hwa Fong Rubber (Thailand) PCL (BKK:HFT) Overvalued in 2026?

Based on GuruFocus' analysis, Hwa Fong Rubber (Thailand) PCL stock appears to be overvalued. The current stock price of ฿4.02 is trading 5.2% above its estimated GF Value™ of ฿3.82. GuruFocus considers Hwa Fong Rubber (Thailand) PCL to be Fairly Valued.

Key valuation signals for BKK:HFT:

  • Days Payable: 33.34 (12% below median its 10-year median of 37.89)
  • GF Value™: ฿3.82 vs. price of ฿4.02 (5.2% above fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 50.3% below the Vehicles & Parts median (#1087 of 1306)

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


Hwa Fong Rubber (Thailand) PCL Business Description

Address No. 317 Moo 4, Soi 6C, Bangpoo Industrial Estate, Phraeksa Subdistrict, Mueang Samut Prakan District, Samut Prakarn, THA, 10280
Hwa Fong Rubber (Thailand) PCL is a Thailand-based company engaged in the manufacturing and distribution of tires and tubes for bicycles, motorcycles, and small logistics vehicles such as trolley forklifts, golf carts, and hiking carts. The company operates in two reportable segments: Sale of goods and services, which derives maximum revenue, and Investment. Geographically, the company's business is spread across Asia, Europe, America, and Other regions.
66GF Score

Get the complete analysis for BKK:HFT

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

฿4.02
Price
฿3.82
GF Value