MFEC PCL (BKK:MFEC) Days Payable: 64.11 (As of Mar. 2026) — 13% Below Median


BKK:MFEC MFEC PCL BKK:MFEC
76 GF Score
Price ฿5.85
GF Value ฿6.01
Valuation Fairly Valued
! 6 Warning Signs
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What is MFEC PCL Days Payable?

MFEC PCL BKK:MFEC +0.86% 76 Days Payable is 64.11 as of Mar. 2026, which is 13% below its 10-year median of 73.30. GuruFocus rates BKK:MFEC with a GF Score™ of 76/100 and a GF Value™ of ฿6.01 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,598 Software companies, MFEC PCL ranks better than 53.46% on this metric.

MFEC PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿961 Mil. MFEC PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿1,368 Mil. Hence, MFEC PCL's Days Payable for the three months ended in Mar. 2026 was 64.11.

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

BKK:MFEC' s Days Payable Range Over the Past 10 Years
Min: 57.46   Med: 73.3   Max: 90.33
Current: 59.74

During the past 13 years, MFEC PCL's highest Days Payable was 90.33. The lowest was 57.46. And the median was 73.30.

BKK:MFEC's Days Payable is ranked better than
53.46% of 2598 companies
in the Software industry
Industry Median: 53.675 vs BKK:MFEC: 59.74

MFEC PCL's Days Payable declined from Mar. 2025 (64.80) to Mar. 2026 (64.11). It may suggest that MFEC PCL accelerated paying its suppliers.


MFEC PCL Days Payable Historical Data

* Premium members only.

The historical data trend for MFEC 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.

MFEC PCL Days Payable Chart

MFEC 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 90.33 69.86 62.36 64.26 57.46

MFEC 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 64.80 61.44 57.02 55.25 64.11

BKK:MFEC vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, MFEC 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.


MFEC PCL Days Payable vs Software Industry

For the Software industry and Technology sector, MFEC PCL's Days Payable distribution charts can be found below:

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


BKK:MFEC
76GF Score
MFEC PCL BKK:MFEC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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MFEC 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.

MFEC 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
=( (850.925 + 959.883) / 2 ) / 5750.896*365
=905.404 / 5750.896*365
=57.46

MFEC 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
=( (959.883 + 961.774) / 2 ) / 1367.516*365 / 4
=960.8285 / 1367.516*365 / 4
=64.11

* 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 64.11 mean?
MFEC PCL (BKK:MFEC) has a Days Payable of 64.11 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 MFEC PCL and its competitors. This is 13% below median its historical median of 73.30. Over the past decade, MFEC PCL's Days Payable has ranged from 57.46 to 90.33. According to the industry distribution chart, MFEC PCL ranks #1209 out of 2598 companies in the Software industry, placing it in the top 46.5%.
Is MFEC PCL's Days Payable too high?
MFEC PCL's current Days Payable of 64.11 is 13% below median its 10-year median of 73.30. Over the past 10 years, this metric has ranged from a low of 57.46 to a high of 90.33. The Software industry median Days Payable is 53.68. MFEC PCL's value of 64.11 is 19.4% above this industry median. Based on the distribution chart, MFEC PCL ranks #1209 out of 2598 companies in the Software industry, which is above the industry midpoint. Overall, MFEC PCL has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MFEC PCL's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, MFEC PCL ranks #1209 out of 2598 companies for Days Payable. This puts MFEC PCL in the upper half of its industry. The industry median Days Payable is 53.68. MFEC PCL's value of 64.11 is 19.4% above this benchmark. Historically, MFEC PCL's own Days Payable has ranged from 57.46 to 90.33 over the past decade. While the company's 10-year median is 73.30 vs. the industry median of 53.68, MFEC 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 2,598 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. MFEC PCL's current Days Payable of 64.11 is 19.4% 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 MFEC 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. MFEC PCL's current Days Payable is 64.11, which is 13% below median its own 10-year median of 73.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MFEC PCL stock overvalued right now?
Based on GuruFocus' analysis, MFEC PCL (BKK:MFEC) is currently considered Fairly Valued. The stock's GF Value™ is ฿6.01, compared to a current price of ฿5.85 — trading 2.7% below its estimated fair value. The current Days Payable is 64.11, which is 13% below median its 10-year median of 73.30 and 19.4% above the Software industry median of 53.68. MFEC PCL's overall GF Score™ is 76/100 with 6 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 MFEC PCL (BKK:MFEC), the current Days Payable is 64.11 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 MFEC PCL (BKK:MFEC) Overvalued in 2026?

Based on GuruFocus' analysis, MFEC PCL stock appears to be undervalued. The current stock price of ฿5.85 is trading 2.7% below its estimated GF Value™ of ฿6.01. GuruFocus considers MFEC PCL to be Fairly Valued.

Key valuation signals for BKK:MFEC:

  • Days Payable: 64.11 (13% below median its 10-year median of 73.30)
  • GF Value™: ฿6.01 vs. price of ฿5.85 (2.7% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 19.4% above the Software median (#1209 of 2598)

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


MFEC PCL Business Description

Address Vibhavadi Rangsit Road, 349 SJ Infinite One Business Complex, Chompol, Chatujak, Bangkok, THA, 10900
MFEC PCL is involved in the sales of computers, computer systems, system implementation, maintenance service program development, and provision of related services. The firm operates in segments, which are IT Professional Services, System Integration, and Maintenance Services and Cloud computing service. Systems Integration involves the process of design, procurement, and implementation of computer systems and IT infrastructures. The majority of its revenue is generated from Maintenance services. Maintenance services include telephone support through help-desk and hotline numbers, remote diagnosis, onsite standby, and troubleshooting.
76GF Score

Get the complete analysis for BKK:MFEC

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

฿5.85
Price
฿6.01
GF Value