Millennium Group (ASIA) PCLBKK:MGC +1.47%42 Days Payable is 59.44 as of Mar. 2026, which is 45% above its 10-year median of 41.09. GuruFocus rates BKK:MGC with a GF Score™ of 42/100 and a GF Value™ of ฿4.65 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,310 Vehicles & Parts companies, Millennium Group (ASIA) PCL ranks worse than 70.92% on this metric.
* 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.
BKK:MGC vs CVNA, PAG, ALTB: Days Payable Comparison
For the Auto & Truck Dealerships subindustry, Millennium Group (ASIA) 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.
Millennium Group (ASIA) PCL Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Millennium Group (ASIA) PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Millennium Group (ASIA) PCL's Days Payable falls into.
Millennium Group (ASIA) 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.
* 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.
Millennium Group (ASIA) PCL (BKK:MGC) has a Days Payable of 59.44 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 Millennium Group (ASIA) PCL and its competitors. This is 45% above median its historical median of 41.09. Over the past decade, Millennium Group (ASIA) PCL's Days Payable has ranged from 28.28 to 63.44. According to the industry distribution chart, Millennium Group (ASIA) PCL ranks #929 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 70.9%.
Is Millennium Group (ASIA) PCL's Days Payable too high?
Millennium Group (ASIA) PCL's current Days Payable of 59.44 is 45% above median its 10-year median of 41.09. Over the past 10 years, this metric has ranged from a low of 28.28 to a high of 63.44. The Vehicles & Parts industry median Days Payable is 67.02. Millennium Group (ASIA) PCL's value of 59.44 is 11.3% below this industry median. Based on the distribution chart, Millennium Group (ASIA) PCL ranks #929 out of 1310 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Millennium Group (ASIA) PCL has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millennium Group (ASIA) PCL's Days Payable compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Millennium Group (ASIA) PCL ranks #929 out of 1310 companies for Days Payable. This places Millennium Group (ASIA) PCL in the lower half of its industry. The industry median Days Payable is 67.02. Millennium Group (ASIA) PCL's value of 59.44 is 11.3% below this benchmark. Historically, Millennium Group (ASIA) PCL's own Days Payable has ranged from 28.28 to 63.44 over the past decade. While the company's 10-year median is 41.09 vs. the industry median of 67.02, Millennium Group (ASIA) 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,310 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. Millennium Group (ASIA) PCL's current Days Payable of 59.44 is 11.3% 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 Millennium Group (ASIA) PCL and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Group (ASIA) PCL's current Days Payable is 59.44, which is 45% above median its own 10-year median of 41.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Group (ASIA) PCL stock overvalued right now?
Based on GuruFocus' analysis, Millennium Group (ASIA) PCL (BKK:MGC) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿4.65, compared to a current price of ฿6.90 — trading 48.4% above its estimated fair value. The current Days Payable is 59.44, which is 45% above median its 10-year median of 41.09 and 11.3% below the Vehicles & Parts industry median of 67.02. Millennium Group (ASIA) PCL's overall GF Score™ is 42/100 with 4 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 Millennium Group (ASIA) PCL (BKK:MGC), the current Days Payable is 59.44 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 Millennium Group (ASIA) PCL (BKK:MGC) Overvalued in 2026?
Based on GuruFocus' analysis, Millennium Group (ASIA) PCL stock appears to be overvalued.
The current stock price of ฿6.90 is trading 48.4% above its estimated GF Value™ of ฿4.65.
GuruFocus considers Millennium Group (ASIA) PCL to be Significantly Overvalued.
Key valuation signals for BKK:MGC:
Days Payable: 59.44 (45% above median its 10-year median of 41.09)
GF Value™: ฿4.65 vs. price of ฿6.90 (48.4% above fair value)
Industry Position: 11.3% below the Vehicles & Parts median (#929 of 1310)
No single metric tells the full story. See the BKK:MGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millennium Group Corp (ASIA) PCL is engaged in providing management consulting services and activities aimed at maximising benefits. Its principal business includes the sale of automobiles, yachts, and spare parts, car maintenance and other services, car rental and chauffeur services, telephone systems, computer programs, human resource development, training services, marketing management services, insurance brokerage, vehicle leasing, and customer acquisition for private jet charter services rental. Its reportable segments include the sale of automobiles, accessories, decorations, and related apparel, after-sales services, automotive parts and maintenance services for independent cars, car and driver rental services, and other businesses. The Group operates principally in Thailand.
42GF Score
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