Lohakit Metal PCL (BKK:LHK) Days Payable: 47.31 (As of Mar. 2026) — 25% Below Median

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BKK:LHK Lohakit Metal PCL BKK:LHK
77 GF Score
Price ฿3.58
GF Value ฿3.65
Valuation Fairly Valued
! 5 Warning Signs
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What is Lohakit Metal PCL Days Payable?

Lohakit Metal PCL BKK:LHK 77 Days Payable is 47.31 as of Mar. 2026, which is 25% below its 10-year median of 62.91. GuruFocus rates BKK:LHK with a GF Score™ of 77/100 and a GF Value™ of ฿3.65 (Fairly Valued). The stock has 5 warning signs investors should review. Among 598 Steel companies, Lohakit Metal PCL ranks better than 61.37% on this metric.

Lohakit Metal PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿344 Mil. Lohakit Metal PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿664 Mil. Hence, Lohakit Metal PCL's Days Payable for the three months ended in Mar. 2026 was 47.31.

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

BKK:LHK' s Days Payable Range Over the Past 10 Years
Min: 54.54   Med: 62.91   Max: 66.83
Current: 54.54

During the past 13 years, Lohakit Metal PCL's highest Days Payable was 66.83. The lowest was 54.54. And the median was 62.91.

BKK:LHK's Days Payable is ranked better than
61.37% of 598 companies
in the Steel industry
Industry Median: 41.855 vs BKK:LHK: 54.54

Lohakit Metal PCL's Days Payable declined from Mar. 2025 (58.33) to Mar. 2026 (47.31). It may suggest that Lohakit Metal PCL accelerated paying its suppliers.


Lohakit Metal PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Lohakit Metal 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.

Lohakit Metal PCL Days Payable Chart

Lohakit Metal PCL Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.33 66.15 58.57 59.94 61.42

Lohakit Metal 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 58.33 62.13 54.17 49.18 47.31

BKK:LHK vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Lohakit Metal 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.


Lohakit Metal PCL Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Lohakit Metal PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Lohakit Metal PCL's Days Payable falls into.


BKK:LHK
77GF Score
Lohakit Metal PCL BKK:LHK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lohakit Metal 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.

Lohakit Metal PCL's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (412.334 + 354.975) / 2 ) / 2280.077*365
=383.6545 / 2280.077*365
=61.42

Lohakit Metal 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
=( (333.364 + 354.975) / 2 ) / 663.848*365 / 4
=344.1695 / 663.848*365 / 4
=47.31

* 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 47.31 mean?
Lohakit Metal PCL (BKK:LHK) has a Days Payable of 47.31 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 Lohakit Metal PCL and its competitors. This is 25% below median its historical median of 62.91. Over the past decade, Lohakit Metal PCL's Days Payable has ranged from 54.54 to 66.83. According to the industry distribution chart, Lohakit Metal PCL ranks #231 out of 598 companies in the Steel industry, placing it in the top 38.6%.
Is Lohakit Metal PCL's Days Payable too high?
Lohakit Metal PCL's current Days Payable of 47.31 is 25% below median its 10-year median of 62.91. Over the past 10 years, this metric has ranged from a low of 54.54 to a high of 66.83. The Steel industry median Days Payable is 41.86. Lohakit Metal PCL's value of 47.31 is 13% above this industry median. Based on the distribution chart, Lohakit Metal PCL ranks #231 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, Lohakit Metal PCL has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lohakit Metal PCL's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Lohakit Metal PCL ranks #231 out of 598 companies for Days Payable. This puts Lohakit Metal PCL in the upper half of its industry. The industry median Days Payable is 41.86. Lohakit Metal PCL's value of 47.31 is 13% above this benchmark. Historically, Lohakit Metal PCL's own Days Payable has ranged from 54.54 to 66.83 over the past decade. While the company's 10-year median is 62.91 vs. the industry median of 41.86, Lohakit Metal 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 41.86, 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. Lohakit Metal PCL's current Days Payable of 47.31 is 13% 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 Lohakit Metal PCL and its competitors. For the Steel industry, the median Days Payable is 41.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lohakit Metal PCL's current Days Payable is 47.31, which is 25% below median its own 10-year median of 62.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lohakit Metal PCL stock overvalued right now?
Based on GuruFocus' analysis, Lohakit Metal PCL (BKK:LHK) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.65, compared to a current price of ฿3.58 — trading 1.9% below its estimated fair value. The current Days Payable is 47.31, which is 25% below median its 10-year median of 62.91 and 13% above the Steel industry median of 41.86. Lohakit Metal PCL's overall GF Score™ is 77/100 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 Lohakit Metal PCL (BKK:LHK), the current Days Payable is 47.31 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 Lohakit Metal PCL (BKK:LHK) Overvalued in 2026?

Based on GuruFocus' analysis, Lohakit Metal PCL stock appears to be undervalued. The current stock price of ฿3.58 is trading 1.9% below its estimated GF Value™ of ฿3.65. GuruFocus considers Lohakit Metal PCL to be Fairly Valued.

Key valuation signals for BKK:LHK:

  • Days Payable: 47.31 (25% below median its 10-year median of 62.91)
  • GF Value™: ฿3.65 vs. price of ฿3.58 (1.9% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 13% above the Steel median (#231 of 598)

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


Lohakit Metal PCL Business Description

Address 66/1 Moo 6 Suksawad Road, Phrapradaeng, Samutprakarn, Bangjak, THA, 10130
Lohakit Metal PCL is engaged in the processing, distribution, and shearing of stainless steel, steel, and metal products in Thailand. It offers cold and hot rolled, austenitic, ferritic, and specialized stainless-steel products; ornamental tubes, square and rectangular tubes, automotive pipe, electro-galvanized steel, and galvanized steel products. The company's operating segments include Production and Distribution, and Procurement and Distribution. It generates the majority of its revenues from Production and Distribution.
77GF Score

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

฿3.58
Price
฿3.65
GF Value