Multibax PCL (BKK:MBAX) Days Payable: 40.86 (As of Mar. 2026) — Near Median


BKK:MBAX Multibax PCL BKK:MBAX
61 GF Score
Price ฿1.93
GF Value ฿3.00
Valuation Possible Value Trap
! 8 Warning Signs
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What is Multibax PCL Days Payable?

Multibax PCL BKK:MBAX +1.58% 61 Days Payable is 40.86 as of Mar. 2026, which is 6% above its 10-year median of 38.53. GuruFocus rates BKK:MBAX with a GF Score™ of 61/100 and a GF Value™ of ฿3.00 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 380 Packaging & Containers companies, Multibax PCL ranks worse than 67.11% on this metric.

Multibax PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿140 Mil. Multibax PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿313 Mil. Hence, Multibax PCL's Days Payable for the three months ended in Mar. 2026 was 40.86.

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

BKK:MBAX' s Days Payable Range Over the Past 10 Years
Min: 29.68   Med: 38.53   Max: 53.06
Current: 43.29

During the past 13 years, Multibax PCL's highest Days Payable was 53.06. The lowest was 29.68. And the median was 38.53.

BKK:MBAX's Days Payable is ranked worse than
67.11% of 380 companies
in the Packaging & Containers industry
Industry Median: 57.4 vs BKK:MBAX: 43.29

Multibax PCL's Days Payable declined from Mar. 2025 (50.82) to Mar. 2026 (40.86). It may suggest that Multibax PCL accelerated paying its suppliers.


Multibax PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Multibax 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.

Multibax PCL Days Payable Chart

Multibax 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 53.06 36.25 49.37 44.45 38.99

Multibax 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 50.82 49.43 41.04 39.33 40.86

BKK:MBAX vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, Multibax 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.


Multibax PCL Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Multibax PCL's Days Payable distribution charts can be found below:

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


BKK:MBAX
61GF Score
Multibax PCL BKK:MBAX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Multibax 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.

Multibax 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
=( (184.069 + 143.351) / 2 ) / 1532.493*365
=163.71 / 1532.493*365
=38.99

Multibax 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
=( (143.351 + 136.792) / 2 ) / 312.828*365 / 4
=140.0715 / 312.828*365 / 4
=40.86

* 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 40.86 mean?
Multibax PCL (BKK:MBAX) has a Days Payable of 40.86 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 Multibax PCL and its competitors. This is near median its historical median of 38.53. Over the past decade, Multibax PCL's Days Payable has ranged from 29.68 to 53.06. According to the industry distribution chart, Multibax PCL ranks #255 out of 380 companies in the Packaging & Containers industry, placing it in the top 67.1%.
Is Multibax PCL's Days Payable too high?
Multibax PCL's current Days Payable of 40.86 is near median its 10-year median of 38.53. Over the past 10 years, this metric has ranged from a low of 29.68 to a high of 53.06. The Packaging & Containers industry median Days Payable is 57.40. Multibax PCL's value of 40.86 is 28.8% below this industry median. Based on the distribution chart, Multibax PCL ranks #255 out of 380 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Multibax PCL has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Multibax PCL's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Multibax PCL ranks #255 out of 380 companies for Days Payable. This places Multibax PCL in the lower half of its industry. The industry median Days Payable is 57.40. Multibax PCL's value of 40.86 is 28.8% below this benchmark. Historically, Multibax PCL's own Days Payable has ranged from 29.68 to 53.06 over the past decade. While the company's 10-year median is 38.53 vs. the industry median of 57.40, Multibax 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.40, based on 380 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. Multibax PCL's current Days Payable of 40.86 is 28.8% 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 Multibax PCL and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multibax PCL's current Days Payable is 40.86, which is near median its own 10-year median of 38.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multibax PCL stock overvalued right now?
Based on GuruFocus' analysis, Multibax PCL (BKK:MBAX) is currently considered Possible Value Trap. The stock's GF Value™ is ฿3.00, compared to a current price of ฿1.93 — trading 35.7% below its estimated fair value. The current Days Payable is 40.86, which is near median its 10-year median of 38.53 and 28.8% below the Packaging & Containers industry median of 57.40. Multibax PCL's overall GF Score™ is 61/100 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 Multibax PCL (BKK:MBAX), the current Days Payable is 40.86 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 Multibax PCL (BKK:MBAX) Overvalued in 2026?

Based on GuruFocus' analysis, Multibax PCL stock appears to be undervalued. The current stock price of ฿1.93 is trading 35.7% below its estimated GF Value™ of ฿3.00. GuruFocus considers Multibax PCL to be Possible Value Trap.

Key valuation signals for BKK:MBAX:

  • Days Payable: 40.86 (near median its 10-year median of 38.53)
  • GF Value™: ฿3.00 vs. price of ฿1.93 (35.7% below fair value)
  • GF Score™: 61/100 with 8 warning signs
  • Industry Position: 28.8% below the Packaging & Containers median (#255 of 380)

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


Multibax PCL Business Description

Address 211 Moo 3, Tambon Toong Sukha, Amphur Sri-racha, Chonburi, THA, 20230
Multibax PCL is engaged in the manufacturing and distribution of polymer bags. Products of the company includes food bags, garbage bags, bioplastic bags, and environment friendly plastic bags. Geographically, the company operates in North America, Australia, Europe, Asia and other continents.
61GF Score

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

฿1.93
Price
฿3.00
GF Value