M.K. Real Estate Development PCL (BKK:MK-R) Days Payable: 379.80 (As of Mar. 2026) — 343% Above Median


BKK:MK-R M.K. Real Estate Development PCL BKK:MK-R
5 GF Score
Price ฿2.76
GF Value ฿3.66
! 7 Warning Signs
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What is M.K. Real Estate Development PCL Days Payable?

M.K. Real Estate Development PCL BKK:MK-R 5 Days Payable is 379.80 as of Mar. 2026, which is 343% above its 10-year median of 85.68. GuruFocus rates BKK:MK-R with a GF Score™ of 5/100 and a GF Value™ of ฿3.66. The stock has 7 warning signs investors should review. Among 1,569 Real Estate companies, M.K. Real Estate Development PCL ranks better than 79.67% on this metric.

M.K. Real Estate Development PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿509 Mil. M.K. Real Estate Development PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿122 Mil. Hence, M.K. Real Estate Development PCL's Days Payable for the three months ended in Mar. 2026 was 379.80.

The historical rank and industry rank for M.K. Real Estate Development PCL's Days Payable or its related term are showing as below:

BKK:MK-R' s Days Payable Range Over the Past 10 Years
Min: 28.64   Med: 85.68   Max: 409.35
Current: 304.2

During the past 13 years, M.K. Real Estate Development PCL's highest Days Payable was 409.35. The lowest was 28.64. And the median was 85.68.

BKK:MK-R's Days Payable is ranked better than
79.67% of 1569 companies
in the Real Estate industry
Industry Median: 94.38 vs BKK:MK-R: 304.20

M.K. Real Estate Development PCL's Days Payable declined from Mar. 2025 (486.44) to Mar. 2026 (379.80). It may suggest that M.K. Real Estate Development PCL accelerated paying its suppliers.


M.K. Real Estate Development PCL Days Payable Related Terms


M.K. Real Estate Development PCL Days Payable Historical Data

* Premium members only.

The historical data trend for M.K. Real Estate 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.

M.K. Real Estate Development PCL Days Payable Chart

M.K. Real Estate Development 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 88.91 133.99 141.38 365.95 409.35

M.K. Real Estate Development 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 486.44 262.88 375.29 220.57 379.80

M.K. Real Estate Development PCL Days Payable Competitor Comparison

For the Real Estate - Development subindustry, M.K. Real Estate 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.


M.K. Real Estate Development PCL Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, M.K. Real Estate Development PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where M.K. Real Estate Development PCL's Days Payable falls into.


BKK:MK-R
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M.K. Real Estate Development PCL BKK:MK-R
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M.K. Real Estate Development 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.

M.K. Real Estate Development 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
=( (1248.353 + 410.73) / 2 ) / 739.667*365
=829.5415 / 739.667*365
=409.35

M.K. Real Estate Development 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
=( (410.73 + 606.287) / 2 ) / 122.172*365 / 4
=508.5085 / 122.172*365 / 4
=379.80

* 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 379.80 mean?
M.K. Real Estate Development PCL (BKK:MK-R) has a Days Payable of 379.80 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.K. Real Estate Development PCL and its competitors. This is 343% above median its historical median of 85.68. Over the past decade, M.K. Real Estate Development PCL's Days Payable has ranged from 28.64 to 409.35. According to the industry distribution chart, M.K. Real Estate Development PCL ranks #319 out of 1569 companies in the Real Estate industry, placing it in the top 20.3%.
Is M.K. Real Estate Development PCL's Days Payable too high?
M.K. Real Estate Development PCL's current Days Payable of 379.80 is 343% above median its 10-year median of 85.68. Over the past 10 years, this metric has ranged from a low of 28.64 to a high of 409.35. The Real Estate industry median Days Payable is 94.38. M.K. Real Estate Development PCL's value of 379.80 is 302.4% above this industry median. Based on the distribution chart, M.K. Real Estate Development PCL ranks #319 out of 1569 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, M.K. Real Estate Development PCL has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does M.K. Real Estate Development PCL's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, M.K. Real Estate Development PCL ranks #319 out of 1569 companies for Days Payable. This places M.K. Real Estate Development PCL in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 94.38. M.K. Real Estate Development PCL's value of 379.80 is 302.4% above this benchmark. Historically, M.K. Real Estate Development PCL's own Days Payable has ranged from 28.64 to 409.35 over the past decade. While the company's 10-year median is 85.68 vs. the industry median of 94.38, M.K. Real Estate Development 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,569 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.K. Real Estate Development PCL's current Days Payable of 379.80 is 302.4% 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 M.K. Real Estate Development PCL and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M.K. Real Estate Development PCL's current Days Payable is 379.80, which is 343% above median its own 10-year median of 85.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M.K. Real Estate Development PCL stock overvalued right now?
M.K. Real Estate Development PCL (BKK:MK-R) has a current Days Payable of 379.80. The stock's GF Value™ is ฿3.66, compared to a current price of ฿2.76 — trading 24.7% below its estimated fair value. The current Days Payable is 379.80, which is 343% above median its 10-year median of 85.68 and 302.4% above the Real Estate industry median of 94.38. M.K. Real Estate Development PCL's overall GF Score™ is 5/100 with 7 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.K. Real Estate Development PCL (BKK:MK-R), the current Days Payable is 379.80 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.K. Real Estate Development PCL (BKK:MK-R) Overvalued in 2026?

Based on GuruFocus' analysis, M.K. Real Estate Development PCL stock appears to be undervalued. The current stock price of ฿2.76 is trading 24.7% below its estimated GF Value™ of ฿3.66.

Key valuation signals for BKK:MK-R:

  • Days Payable: 379.80 (343% above median its 10-year median of 85.68)
  • GF Value™: ฿3.66 vs. price of ฿2.76 (24.7% below fair value)
  • GF Score™: 5/100 with 7 warning signs
  • Industry Position: 302.4% above the Real Estate median (#319 of 1569)

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


M.K. Real Estate Development PCL Business Description

Other Exchanges MK:Thailand
Address No. 345, Surawong Road, 6th - 8th Floor, 345 Surawong Building, Suriyawong Sub-District, Bangrak District, Bangkok, THA, 10500
M.K. Real Estate Development PCL is a Thailand-based real estate developer. The principal activities of the Group are property development for sale including land, land and house, construction for the Company's own projects, land and building rental, and a health and wellness center. The group has four reportable segments: Real estate; Rental warehouse, factory, and others; Property management; Health and wellness center. The majority of revenue is from rental warehouses, factory, and others. The Group is mainly managed and operates principally in Thailand. There are no revenues derived from foreign countries.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿2.76
Price
฿3.66
GF Value