KCE Electronics PCL (BKK:KCE-R) Days Payable: 77.35 (As of Mar. 2026) — 22% Above Median


BKK:KCE-R KCE Electronics PCL BKK:KCE-R
74 GF Score
Price ฿24.00
GF Value ฿18.07
! 10 Warning Signs
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What is KCE Electronics PCL Days Payable?

KCE Electronics PCL BKK:KCE-R 74 Days Payable is 77.35 as of Mar. 2026, which is 22% above its 10-year median of 63.60. GuruFocus rates BKK:KCE-R with a GF Score™ of 74/100 and a GF Value™ of ฿18.07. The stock has 10 warning signs investors should review. Among 2,438 Hardware companies, KCE Electronics PCL ranks better than 63.86% on this metric.

KCE Electronics PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿2,167 Mil. KCE Electronics PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿2,557 Mil. Hence, KCE Electronics PCL's Days Payable for the three months ended in Mar. 2026 was 77.35.

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

BKK:KCE-R' s Days Payable Range Over the Past 10 Years
Min: 59.97   Med: 63.6   Max: 91.45
Current: 91.45

During the past 13 years, KCE Electronics PCL's highest Days Payable was 91.45. The lowest was 59.97. And the median was 63.60.

BKK:KCE-R's Days Payable is ranked better than
63.86% of 2438 companies
in the Hardware industry
Industry Median: 69.935 vs BKK:KCE-R: 91.45

KCE Electronics PCL's Days Payable declined from Mar. 2025 (81.24) to Mar. 2026 (77.35). It may suggest that KCE Electronics PCL accelerated paying its suppliers.


KCE Electronics PCL Days Payable Historical Data

* Premium members only.

The historical data trend for KCE Electronics 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.

KCE Electronics PCL Days Payable Chart

KCE Electronics 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 85.32 72.14 60.17 60.42 59.97

KCE Electronics 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 81.24 97.45 96.35 84.59 77.35

BKK:KCE-R vs APH, GLW, TEL: Days Payable Comparison

For the Electronic Components subindustry, KCE Electronics 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.


KCE Electronics PCL Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, KCE Electronics PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where KCE Electronics PCL's Days Payable falls into.


BKK:KCE-R
74GF Score
KCE Electronics PCL BKK:KCE-R
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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KCE Electronics 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.

KCE Electronics 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
=( (1889.491 + 1595.97) / 2 ) / 10606.934*365
=1742.7305 / 10606.934*365
=59.97

KCE Electronics 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
=( (1595.97 + 2738.874) / 2 ) / 2556.76*365 / 4
=2167.422 / 2556.76*365 / 4
=77.35

* 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 77.35 mean?
KCE Electronics PCL (BKK:KCE-R) has a Days Payable of 77.35 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 KCE Electronics PCL and its competitors. This is 22% above median its historical median of 63.60. Over the past decade, KCE Electronics PCL's Days Payable has ranged from 59.97 to 91.45. According to the industry distribution chart, KCE Electronics PCL ranks #881 out of 2438 companies in the Hardware industry, placing it in the top 36.1%.
Is KCE Electronics PCL's Days Payable too high?
KCE Electronics PCL's current Days Payable of 77.35 is 22% above median its 10-year median of 63.60. Over the past 10 years, this metric has ranged from a low of 59.97 to a high of 91.45. The Hardware industry median Days Payable is 69.94. KCE Electronics PCL's value of 77.35 is 10.6% above this industry median. Based on the distribution chart, KCE Electronics PCL ranks #881 out of 2438 companies in the Hardware industry, which is above the industry midpoint. Overall, KCE Electronics PCL has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does KCE Electronics PCL's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, KCE Electronics PCL ranks #881 out of 2438 companies for Days Payable. This puts KCE Electronics PCL in the upper half of its industry. The industry median Days Payable is 69.94. KCE Electronics PCL's value of 77.35 is 10.6% above this benchmark. Historically, KCE Electronics PCL's own Days Payable has ranged from 59.97 to 91.45 over the past decade. While the company's 10-year median is 63.60 vs. the industry median of 69.94, KCE Electronics 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 Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,438 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. KCE Electronics PCL's current Days Payable of 77.35 is 10.6% 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 KCE Electronics PCL and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KCE Electronics PCL's current Days Payable is 77.35, which is 22% above median its own 10-year median of 63.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KCE Electronics PCL stock overvalued right now?
KCE Electronics PCL (BKK:KCE-R) has a current Days Payable of 77.35. The stock's GF Value™ is ฿18.07, compared to a current price of ฿24.00 — trading 32.8% above its estimated fair value. The current Days Payable is 77.35, which is 22% above median its 10-year median of 63.60 and 10.6% above the Hardware industry median of 69.94. KCE Electronics PCL's overall GF Score™ is 74/100 with 10 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 KCE Electronics PCL (BKK:KCE-R), the current Days Payable is 77.35 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 KCE Electronics PCL (BKK:KCE-R) Overvalued in 2026?

Based on GuruFocus' analysis, KCE Electronics PCL stock appears to be overvalued. The current stock price of ฿24.00 is trading 32.8% above its estimated GF Value™ of ฿18.07.

Key valuation signals for BKK:KCE-R:

  • Days Payable: 77.35 (22% above median its 10-year median of 63.60)
  • GF Value™: ฿18.07 vs. price of ฿24.00 (32.8% above fair value)
  • GF Score™: 74/100 with 10 warning signs
  • Industry Position: 10.6% above the Hardware median (#881 of 2438)

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


KCE Electronics PCL Business Description

Address No. 72-72/1-3 Soi Chalongkrung 31, Kwang Lumplatew, Khet Lat Krabang, Bangkok, THA, 10520
KCE Electronics PCL and its subsidiaries manufacture and distribute printed circuit boards. The company is based in Thailand but earns the majority of its revenue internationally. It has three segments: Manufacturing and distributing of Prepreg and Laminate; Manufacturing and distributing of Printed Circuit Board; and Manufacturing and distributing of Chemical. The company manufactures printed circuit boards that are used in a variety of industries, including automotive, computer, industrial, and telecommunications systems. The company also manufactures and distributes chemicals and laminate products. The majority of its revenue is earned in Europe.
74GF Score

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

฿24.00
Price
฿18.07
GF Value