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Major Development PCLBKK:MJD 21 Days Payable is 85.22 as of Jun. 2026, which is 21% below its 10-year median of 108.08. GuruFocus rates BKK:MJD with a GF Score™ of 21/100 and a GF Value™ of ฿0.79 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,573 Real Estate companies, Major Development PCL ranks better than 50.1% on this metric.
Major Development PCL Days Payable Historical Data
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The historical data trend for Major Development 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.
Major Development PCL Days Payable Competitor Comparison
For the Real Estate - Development subindustry, Major Development 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.
Major Development PCL Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Major Development PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Major Development 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.
Major Development 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.
Major Development PCL (BKK:MJD) has a Days Payable of 85.22 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Major Development PCL and its competitors. This is 21% below median its historical median of 108.08. Over the past decade, Major Development PCL's Days Payable has ranged from 70.61 to 277.37. According to the industry distribution chart, Major Development PCL ranks #785 out of 1573 companies in the Real Estate industry, placing it in the top 49.9%.
Is Major Development PCL's Days Payable too high?
Major Development PCL's current Days Payable of 85.22 is 21% below median its 10-year median of 108.08. Over the past 10 years, this metric has ranged from a low of 70.61 to a high of 277.37. The Real Estate industry median Days Payable is 94.48. Major Development PCL's value of 85.22 is 9.8% below this industry median. Based on the distribution chart, Major Development PCL ranks #785 out of 1573 companies in the Real Estate industry, which is above the industry midpoint. Overall, Major Development PCL has a GF Score™ of 21/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Major Development PCL's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Major Development PCL ranks #785 out of 1573 companies for Days Payable. This puts Major Development PCL in the upper half of its industry. The industry median Days Payable is 94.48. Major Development PCL's value of 85.22 is 9.8% below this benchmark. Historically, Major Development PCL's own Days Payable has ranged from 70.61 to 277.37 over the past decade. While the company's 10-year median is 108.08 vs. the industry median of 94.48, Major Development 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.48, based on 1,573 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. Major Development PCL's current Days Payable of 85.22 is 9.8% 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 Major Development PCL and its competitors. For the Real Estate industry, the median Days Payable is 94.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Major Development PCL's current Days Payable is 85.22, which is 21% below median its own 10-year median of 108.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Development PCL stock overvalued right now?
Based on GuruFocus' analysis, Major Development PCL (BKK:MJD) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.79, compared to a current price of ฿0.33 — trading 58.2% below its estimated fair value. The current Days Payable is 85.22, which is 21% below median its 10-year median of 108.08 and 9.8% below the Real Estate industry median of 94.48. Major Development PCL's overall GF Score™ is 21/100 with 3 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 Major Development PCL (BKK:MJD), the current Days Payable is 85.22 as of Jun. 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 Major Development PCL (BKK:MJD) Overvalued in 2026?
Based on GuruFocus' analysis, Major Development PCL stock appears to be undervalued.
The current stock price of ฿0.33 is trading 58.2% below its estimated GF Value™ of ฿0.79.
GuruFocus considers Major Development PCL to be Possible Value Trap.
Key valuation signals for BKK:MJD:
Days Payable: 85.22 (21% below median its 10-year median of 108.08)
GF Value™: ฿0.79 vs. price of ฿0.33 (58.2% below fair value)
Industry Position: 9.8% below the Real Estate median (#785 of 1573)
No single metric tells the full story. See the BKK:MJD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Major Development PCL is a Thailand-based real estate company. The operating segments of the group are the Property development business segment, the Hotel business segment, and the Rental and service business segment. It derives prime revenue from the Property development business segment, which engages in the development of land and houses and residential condominium units for sale. The group mainly operates in Thailand.
21GF Score
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