Mida Leasing PCL (BKK:ML) Days Payable: 463.05 (As of Mar. 2026) — 134% Above Median


BKK:ML Mida Leasing PCL BKK:ML
40 GF Score
Price ฿1.60
GF Value ฿0.46
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Mida Leasing PCL Days Payable?

Mida Leasing PCL BKK:ML 40 Days Payable is 463.05 as of Mar. 2026, which is 134% above its 10-year median of 197.83. GuruFocus rates BKK:ML with a GF Score™ of 40/100 and a GF Value™ of ฿0.46 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 301 Credit Services companies, Mida Leasing PCL ranks better than 88.04% on this metric.

Mida Leasing PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿108.1 Mil. Mida Leasing PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿21.3 Mil. Hence, Mida Leasing PCL's Days Payable for the three months ended in Mar. 2026 was 463.05.

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

BKK:ML' s Days Payable Range Over the Past 10 Years
Min: 134.25   Med: 197.83   Max: 366.35
Current: 366.35

During the past 13 years, Mida Leasing PCL's highest Days Payable was 366.35. The lowest was 134.25. And the median was 197.83.

BKK:ML's Days Payable is ranked better than
88.04% of 301 companies
in the Credit Services industry
Industry Median: 33.87 vs BKK:ML: 366.35

Mida Leasing PCL's Days Payable increased from Mar. 2025 (329.48) to Mar. 2026 (463.05). It may suggest that Mida Leasing PCL delayed paying its suppliers.


Mida Leasing PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Mida Leasing 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.

Mida Leasing PCL Days Payable Chart

Mida Leasing 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 158.68 151.90 134.25 238.35 354.91

Mida Leasing 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 329.48 308.45 322.35 318.51 463.05

BKK:ML vs V, MA, AXP: Days Payable Comparison

For the Credit Services subindustry, Mida Leasing 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.


Mida Leasing PCL Days Payable vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Mida Leasing PCL's Days Payable distribution charts can be found below:

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


BKK:ML
40GF Score
Mida Leasing PCL BKK:ML
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mida Leasing 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.

Mida Leasing 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
=( (100.18 + 77.781) / 2 ) / 91.511*365
=88.9805 / 91.511*365
=354.91

Mida Leasing 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
=( (77.781 + 138.406) / 2 ) / 21.301*365 / 4
=108.0935 / 21.301*365 / 4
=463.05

* 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 463.05 mean?
Mida Leasing PCL (BKK:ML) has a Days Payable of 463.05 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 Mida Leasing PCL and its competitors. This is 134% above median its historical median of 197.83. Over the past decade, Mida Leasing PCL's Days Payable has ranged from 134.25 to 366.35. According to the industry distribution chart, Mida Leasing PCL ranks #36 out of 301 companies in the Credit Services industry, placing it in the top 12%.
Is Mida Leasing PCL's Days Payable too high?
Mida Leasing PCL's current Days Payable of 463.05 is 134% above median its 10-year median of 197.83. Over the past 10 years, this metric has ranged from a low of 134.25 to a high of 366.35. The Credit Services industry median Days Payable is 33.87. Mida Leasing PCL's value of 463.05 is 1267.1% above this industry median. Based on the distribution chart, Mida Leasing PCL ranks #36 out of 301 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Mida Leasing PCL has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mida Leasing PCL's Days Payable compare to V and MA?
According to the Credit Services industry distribution chart, Mida Leasing PCL ranks #36 out of 301 companies for Days Payable. This places Mida Leasing PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 33.87. Mida Leasing PCL's value of 463.05 is 1267.1% above this benchmark. Historically, Mida Leasing PCL's own Days Payable has ranged from 134.25 to 366.35 over the past decade. While the company's 10-year median is 197.83 vs. the industry median of 33.87, Mida Leasing 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 Credit Services company?
The median Days Payable among Credit Services companies is 33.87, based on 301 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. Mida Leasing PCL's current Days Payable of 463.05 is 1267.1% 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 Mida Leasing PCL and its competitors. For the Credit Services industry, the median Days Payable is 33.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mida Leasing PCL's current Days Payable is 463.05, which is 134% above median its own 10-year median of 197.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mida Leasing PCL stock overvalued right now?
Based on GuruFocus' analysis, Mida Leasing PCL (BKK:ML) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.46, compared to a current price of ฿1.60 — trading 247.8% above its estimated fair value. The current Days Payable is 463.05, which is 134% above median its 10-year median of 197.83 and 1267.1% above the Credit Services industry median of 33.87. Mida Leasing PCL's overall GF Score™ is 40/100 with 8 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 Mida Leasing PCL (BKK:ML), the current Days Payable is 463.05 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 Mida Leasing PCL (BKK:ML) Overvalued in 2026?

Based on GuruFocus' analysis, Mida Leasing PCL stock appears to be overvalued. The current stock price of ฿1.60 is trading 247.8% above its estimated GF Value™ of ฿0.46. GuruFocus considers Mida Leasing PCL to be Significantly Overvalued.

Key valuation signals for BKK:ML:

  • Days Payable: 463.05 (134% above median its 10-year median of 197.83)
  • GF Value™: ฿0.46 vs. price of ฿1.60 (247.8% above fair value)
  • GF Score™: 40/100 with 8 warning signs
  • Industry Position: 1267.1% above the Credit Services median (#36 of 301)

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


Mida Leasing PCL Business Description

Address 48/1-5, Soi Chaengwattana 14, Chaengwattana Road, Thungsonghong, Lak si, Bangkok, THA, 10210
Mida Leasing PCL is engaged in providing financial services for used cars hire-purchasing and management of non-performing assets. The company operates its business in three segments, namely Hire purchase financing for used cars, Other financial services, and Non-performing receivable management business. It also expanded its range of loans, including new hire-purchase loans, hire-purchase of taxis, and working capital loans. The company's majority businesses are carried out in Thailand.
40GF Score

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

฿1.60
Price
฿0.46
GF Value