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POSCO-Thainox PCLBKK:INOX +0.48%66 Days Payable is 49.74 as of Mar. 2026, which is 17% below its 10-year median of 59.84. GuruFocus rates BKK:INOX with a GF Score™ of 66/100 and a GF Value™ of ฿4.13 (Fairly Valued). The stock has 4 warning signs investors should review. Among 598 Steel companies, POSCO-Thainox PCL ranks better than 60.03% on this metric.
The historical rank and industry rank for POSCO-Thainox PCL's Days Payable or its related term are showing as below:
BKK:INOX'
s Days Payable Range Over the Past 10 Years
Min: 43.16 Med: 59.84 Max: 79.4
Current: 53.2
During the past 13 years, POSCO-Thainox PCL's highest Days Payable was 79.40. The lowest was 43.16. And the median was 59.84.
BKK:INOX's Days Payable is ranked better than 60.03% of 598
companies
in the Steel industry
Industry Median: 41.385
vs BKK:INOX: 53.20
POSCO-Thainox PCL's Days Payable
declined
from Mar. 2025 (58.11) to Mar. 2026 (49.74).
It may suggest that POSCO-Thainox PCLaccelerated paying its suppliers.
POSCO-Thainox PCL Days Payable Related Terms
POSCO-Thainox PCL Days Payable Historical Data
* Premium members only.
The historical data trend for POSCO-Thainox 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:INOX vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, POSCO-Thainox 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.
POSCO-Thainox PCL Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, POSCO-Thainox PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where POSCO-Thainox 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.
POSCO-Thainox 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.
POSCO-Thainox PCL (BKK:INOX) has a Days Payable of 49.74 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 POSCO-Thainox PCL and its competitors. This is 17% below median its historical median of 59.84. Over the past decade, POSCO-Thainox PCL's Days Payable has ranged from 43.16 to 79.40. According to the industry distribution chart, POSCO-Thainox PCL ranks #239 out of 598 companies in the Steel industry, placing it in the top 40%.
Is POSCO-Thainox PCL's Days Payable too high?
POSCO-Thainox PCL's current Days Payable of 49.74 is 17% below median its 10-year median of 59.84. Over the past 10 years, this metric has ranged from a low of 43.16 to a high of 79.40. The Steel industry median Days Payable is 41.39. POSCO-Thainox PCL's value of 49.74 is 20.2% above this industry median. Based on the distribution chart, POSCO-Thainox PCL ranks #239 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, POSCO-Thainox 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 POSCO-Thainox PCL's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, POSCO-Thainox PCL ranks #239 out of 598 companies for Days Payable. This puts POSCO-Thainox PCL in the upper half of its industry. The industry median Days Payable is 41.39. POSCO-Thainox PCL's value of 49.74 is 20.2% above this benchmark. Historically, POSCO-Thainox PCL's own Days Payable has ranged from 43.16 to 79.40 over the past decade. While the company's 10-year median is 59.84 vs. the industry median of 41.39, POSCO-Thainox 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 598 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. POSCO-Thainox PCL's current Days Payable of 49.74 is 20.2% 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 POSCO-Thainox PCL and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. POSCO-Thainox PCL's current Days Payable is 49.74, which is 17% below median its own 10-year median of 59.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is POSCO-Thainox PCL stock overvalued right now?
Based on GuruFocus' analysis, POSCO-Thainox PCL (BKK:INOX) is currently considered Fairly Valued. The stock's GF Value™ is ฿4.13, compared to a current price of ฿4.16 — trading 0.7% above its estimated fair value. The current Days Payable is 49.74, which is 17% below median its 10-year median of 59.84 and 20.2% above the Steel industry median of 41.39. POSCO-Thainox PCL's overall GF Score™ is 66/100 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 POSCO-Thainox PCL (BKK:INOX), the current Days Payable is 49.74 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 POSCO-Thainox PCL (BKK:INOX) Overvalued in 2026?
Based on GuruFocus' analysis, POSCO-Thainox PCL stock appears to be overvalued.
The current stock price of ฿4.16 is trading 0.7% above its estimated GF Value™ of ฿4.13.
GuruFocus considers POSCO-Thainox PCL to be Fairly Valued.
Key valuation signals for BKK:INOX:
Days Payable: 49.74 (17% below median its 10-year median of 59.84)
GF Value™: ฿4.13 vs. price of ฿4.16 (0.7% above fair value)
Industry Position: 20.2% above the Steel median (#239 of 598)
No single metric tells the full story. See the BKK:INOX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
POSCO-Thainox PCL is engaged in production and sales of cold-rolled stainless steel as raw material in the production of household appliances such as kitchenette, sinks, washing machines etc. including other industries. Its products portfolio includes Austenitic Stainless Steel and Ferritic Stainless Steel. The company's products are used in Automotive and Transportation Parts, Electrical Home Appliances, Kitchenware, Food Processing and Medical Equipment, Heavy Industry, Energy and Environment, and Architecture, Building and Construction industries.
66GF Score
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