International Research PCLBKK:IRCP 27 Days Payable is 97.84 as of Mar. 2026, which is 33% above its 10-year median of 73.29. GuruFocus rates BKK:IRCP with a GF Score™ of 27/100 and a GF Value™ of ฿0.33 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,600 Software companies, International Research PCL ranks better than 69.58% on this metric.
* 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:IRCP vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, International Research 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.
International Research PCL Days Payable vs Software Industry
For the Software industry and Technology sector, International Research PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where International Research PCL's Days Payable falls into.
International Research 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.
* 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.
International Research PCL (BKK:IRCP) has a Days Payable of 97.84 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 International Research PCL and its competitors. This is 33% above median its historical median of 73.29. Over the past decade, International Research PCL's Days Payable has ranged from 26.59 to 107.28. According to the industry distribution chart, International Research PCL ranks #791 out of 2600 companies in the Software industry, placing it in the top 30.4%.
Is International Research PCL's Days Payable too high?
International Research PCL's current Days Payable of 97.84 is 33% above median its 10-year median of 73.29. Over the past 10 years, this metric has ranged from a low of 26.59 to a high of 107.28. The Software industry median Days Payable is 53.68. International Research PCL's value of 97.84 is 82.3% above this industry median. Based on the distribution chart, International Research PCL ranks #791 out of 2600 companies in the Software industry, which is above the industry midpoint. Overall, International Research PCL has a GF Score™ of 27/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does International Research PCL's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, International Research PCL ranks #791 out of 2600 companies for Days Payable. This puts International Research PCL in the upper half of its industry. The industry median Days Payable is 53.68. International Research PCL's value of 97.84 is 82.3% above this benchmark. Historically, International Research PCL's own Days Payable has ranged from 26.59 to 107.28 over the past decade. While the company's 10-year median is 73.29 vs. the industry median of 53.68, International Research 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 Software company?
The median Days Payable among Software companies is 53.68, based on 2,600 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. International Research PCL's current Days Payable of 97.84 is 82.3% 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 International Research PCL and its competitors. For the Software industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Research PCL's current Days Payable is 97.84, which is 33% above median its own 10-year median of 73.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Research PCL stock overvalued right now?
Based on GuruFocus' analysis, International Research PCL (BKK:IRCP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.33, compared to a current price of ฿0.27 — trading 18.2% below its estimated fair value. The current Days Payable is 97.84, which is 33% above median its 10-year median of 73.29 and 82.3% above the Software industry median of 53.68. International Research PCL's overall GF Score™ is 27/100 with 5 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 International Research PCL (BKK:IRCP), the current Days Payable is 97.84 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 International Research PCL (BKK:IRCP) Overvalued in 2026?
Based on GuruFocus' analysis, International Research PCL stock appears to be undervalued.
The current stock price of ฿0.27 is trading 18.2% below its estimated GF Value™ of ฿0.33.
GuruFocus considers International Research PCL to be Modestly Undervalued.
Key valuation signals for BKK:IRCP:
Days Payable: 97.84 (33% above median its 10-year median of 73.29)
GF Value™: ฿0.33 vs. price of ฿0.27 (18.2% below fair value)
Industry Position: 82.3% above the Software median (#791 of 2600)
No single metric tells the full story. See the BKK:IRCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
International Research Corp PCL is engaged in distribution and system development services for information technology, network information systems, and telecommunication information systems. It operates in two reportable segments: project business and Non-project business. The company and its subsidiaries operate in Thailand only.
27GF Score
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