Modernform Group PCLBKK:MODERN +0.98%57 Days Payable is 57.24 as of Mar. 2026, which is 25% above its 10-year median of 45.93. GuruFocus rates BKK:MODERN with a GF Score™ of 57/100 and a GF Value™ of ฿2.06 (Fairly Valued). The stock has 6 warning signs investors should review. Among 414 Furnishings, Fixtures & Appliances companies, Modernform Group PCL ranks worse than 59.18% on this metric.
The historical rank and industry rank for Modernform Group PCL's Days Payable or its related term are showing as below:
BKK:MODERN'
s Days Payable Range Over the Past 10 Years
Min: 30.79 Med: 45.93 Max: 55.38
Current: 55.38
During the past 13 years, Modernform Group PCL's highest Days Payable was 55.38. The lowest was 30.79. And the median was 45.93.
BKK:MODERN's Days Payable is ranked worse than 59.18% of 414
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 64.24
vs BKK:MODERN: 55.38
Modernform Group PCL's Days Payable
increased
from Mar. 2025 (55.13) to Mar. 2026 (57.24).
It may suggest that Modernform Group PCLdelayed paying its suppliers.
Modernform Group PCL Days Payable Related Terms
Modernform Group PCL Days Payable Historical Data
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The historical data trend for Modernform Group 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.
BKK:MODERN vs SN, SGI, MHK: Days Payable Comparison
For the Furnishings, Fixtures & Appliances subindustry, Modernform Group 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.
Modernform Group PCL Days Payable vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Modernform Group PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Modernform Group 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.
Modernform Group 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.
Modernform Group PCL (BKK:MODERN) has a Days Payable of 57.24 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 Modernform Group PCL and its competitors. This is 25% above median its historical median of 45.93. Over the past decade, Modernform Group PCL's Days Payable has ranged from 30.79 to 55.38. According to the industry distribution chart, Modernform Group PCL ranks #245 out of 414 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 59.2%.
Is Modernform Group PCL's Days Payable too high?
Modernform Group PCL's current Days Payable of 57.24 is 25% above median its 10-year median of 45.93. Over the past 10 years, this metric has ranged from a low of 30.79 to a high of 55.38. The Furnishings, Fixtures & Appliances industry median Days Payable is 64.24. Modernform Group PCL's value of 57.24 is 10.9% below this industry median. Based on the distribution chart, Modernform Group PCL ranks #245 out of 414 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Modernform Group PCL has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Modernform Group PCL's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Modernform Group PCL ranks #245 out of 414 companies for Days Payable. This places Modernform Group PCL in the lower half of its industry. The industry median Days Payable is 64.24. Modernform Group PCL's value of 57.24 is 10.9% below this benchmark. Historically, Modernform Group PCL's own Days Payable has ranged from 30.79 to 55.38 over the past decade. While the company's 10-year median is 45.93 vs. the industry median of 64.24, Modernform Group 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 64.24, based on 414 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. Modernform Group PCL's current Days Payable of 57.24 is 10.9% 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 Modernform Group PCL and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 64.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modernform Group PCL's current Days Payable is 57.24, which is 25% above median its own 10-year median of 45.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modernform Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Modernform Group PCL (BKK:MODERN) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.06, compared to a current price of ฿2.06 — trading right at its estimated fair value. The current Days Payable is 57.24, which is 25% above median its 10-year median of 45.93 and 10.9% below the Furnishings, Fixtures & Appliances industry median of 64.24. Modernform Group PCL's overall GF Score™ is 57/100 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 Modernform Group PCL (BKK:MODERN), the current Days Payable is 57.24 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 Modernform Group PCL (BKK:MODERN) Overvalued in 2026?
Based on GuruFocus' analysis, Modernform Group PCL stock appears to be undervalued.
The current stock price of ฿2.06 is trading 0% below its estimated GF Value™ of ฿2.06.
GuruFocus considers Modernform Group PCL to be Fairly Valued.
Key valuation signals for BKK:MODERN:
Days Payable: 57.24 (25% above median its 10-year median of 45.93)
GF Value™: ฿2.06 vs. price of ฿2.06 (0% below fair value)
Industry Position: 10.9% below the Furnishings, Fixtures & Appliances median (#245 of 414)
No single metric tells the full story. See the BKK:MODERN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modernform Group PCL is involved in the manufacturing and distribution of home and office furniture. The business of the group is operated through four reportable segments: furniture business, furniture fitting and other materials business, rental and service business, and architectural design and construction business. A majority of its revenue is generated from the furniture business, which consists of office furniture products, residential furniture products, kitchen furniture products; bathroom furniture products, and others. All the operations functioned throughout the region of Thailand.
57GF Score
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