M.C.S. Steel PCLBKK:MCS 68 Days Payable is 187.26 as of Mar. 2026, which is 62% above its 10-year median of 115.48. GuruFocus rates BKK:MCS with a GF Score™ of 68/100 and a GF Value™ of ฿6.51 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 602 Steel companies, M.C.S. Steel PCL ranks better than 90.53% on this metric.
The historical rank and industry rank for M.C.S. Steel PCL's Days Payable or its related term are showing as below:
BKK:MCS'
s Days Payable Range Over the Past 10 Years
Min: 67.53 Med: 115.48 Max: 221.24
Current: 142.01
During the past 13 years, M.C.S. Steel PCL's highest Days Payable was 221.24. The lowest was 67.53. And the median was 115.48.
BKK:MCS's Days Payable is ranked better than 90.53% of 602
companies
in the Steel industry
Industry Median: 41.4
vs BKK:MCS: 142.01
M.C.S. Steel PCL's Days Payable
increased
from Mar. 2025 (116.20) to Mar. 2026 (187.26).
It may suggest that M.C.S. Steel PCLdelayed paying its suppliers.
M.C.S. Steel PCL Days Payable Related Terms
M.C.S. Steel PCL Days Payable Historical Data
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The historical data trend for M.C.S. Steel 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.
For the Steel subindustry, M.C.S. Steel 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.
M.C.S. Steel PCL Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, M.C.S. Steel PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where M.C.S. Steel 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.
M.C.S. Steel 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.
M.C.S. Steel PCL (BKK:MCS) has a Days Payable of 187.26 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 M.C.S. Steel PCL and its competitors. This is 62% above median its historical median of 115.48. Over the past decade, M.C.S. Steel PCL's Days Payable has ranged from 67.53 to 221.24. According to the industry distribution chart, M.C.S. Steel PCL ranks #57 out of 602 companies in the Steel industry, placing it in the top 9.5%.
Is M.C.S. Steel PCL's Days Payable too high?
M.C.S. Steel PCL's current Days Payable of 187.26 is 62% above median its 10-year median of 115.48. Over the past 10 years, this metric has ranged from a low of 67.53 to a high of 221.24. The Steel industry median Days Payable is 41.40. M.C.S. Steel PCL's value of 187.26 is 352.3% above this industry median. Based on the distribution chart, M.C.S. Steel PCL ranks #57 out of 602 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, M.C.S. Steel PCL has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does M.C.S. Steel PCL's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, M.C.S. Steel PCL ranks #57 out of 602 companies for Days Payable. This places M.C.S. Steel PCL in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.40. M.C.S. Steel PCL's value of 187.26 is 352.3% above this benchmark. Historically, M.C.S. Steel PCL's own Days Payable has ranged from 67.53 to 221.24 over the past decade. While the company's 10-year median is 115.48 vs. the industry median of 41.40, M.C.S. Steel 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 41.40, based on 602 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. M.C.S. Steel PCL's current Days Payable of 187.26 is 352.3% 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 M.C.S. Steel PCL and its competitors. For the Steel industry, the median Days Payable is 41.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M.C.S. Steel PCL's current Days Payable is 187.26, which is 62% above median its own 10-year median of 115.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M.C.S. Steel PCL stock overvalued right now?
Based on GuruFocus' analysis, M.C.S. Steel PCL (BKK:MCS) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.51, compared to a current price of ฿7.65 — trading 17.5% above its estimated fair value. The current Days Payable is 187.26, which is 62% above median its 10-year median of 115.48 and 352.3% above the Steel industry median of 41.40. M.C.S. Steel PCL's overall GF Score™ is 68/100 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 M.C.S. Steel PCL (BKK:MCS), the current Days Payable is 187.26 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 M.C.S. Steel PCL (BKK:MCS) Overvalued in 2026?
Based on GuruFocus' analysis, M.C.S. Steel PCL stock appears to be overvalued.
The current stock price of ฿7.65 is trading 17.5% above its estimated GF Value™ of ฿6.51.
GuruFocus considers M.C.S. Steel PCL to be Modestly Overvalued.
Key valuation signals for BKK:MCS:
Days Payable: 187.26 (62% above median its 10-year median of 115.48)
GF Value™: ฿6.51 vs. price of ฿7.65 (17.5% above fair value)
Industry Position: 352.3% above the Steel median (#57 of 602)
No single metric tells the full story. See the BKK:MCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M.C.S. Steel PCL is engaged in the production and distribution of structural steel products for building construction and residential development projects for sale. It provides and exports steel structure works for various projects. The company's services include engineering design, parts, and quality control. The company's product and services portfolio includes Fabrication and sale of structural steel of which substantial income is earned, Fabrication including installation of structural steel, and Rendering of services. The business operates in three geographical segments: Thailand, Japan, and China. Key revenue is earned from domestic sales.
68GF Score
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