More Return PCL (BKK:MORE) Days Payable: 240.62 (As of Jun. 2026) — 425% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is More Return PCL Days Payable?

More Return PCL BKK:MORE -14.29% Days Payable is 240.62 as of Jun. 2026, which is 425% above its 10-year median of 45.86. The stock has 5 warning signs investors should review. Among 476 Utilities - Regulated companies, More Return PCL ranks better than 83.19% on this metric.

More Return PCL's average Accounts Payable for the three months ended in Jun. 2026 was ฿42.23 Mil. More Return PCL's Cost of Goods Sold for the three months ended in Jun. 2026 was ฿16.02 Mil. Hence, More Return PCL's Days Payable for the three months ended in Jun. 2026 was 240.62.

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

BKK:MORE' s Days Payable Range Over the Past 10 Years
Min: 13.56   Med: 45.86   Max: 944.45
Current: 200.13

During the past 13 years, More Return PCL's highest Days Payable was 944.45. The lowest was 13.56. And the median was 45.86.

BKK:MORE's Days Payable is ranked better than
83.19% of 476 companies
in the Utilities - Regulated industry
Industry Median: 69.555 vs BKK:MORE: 200.13

More Return PCL's Days Payable declined from Jun. 2025 (269.95) to Jun. 2026 (240.62). It may suggest that More Return PCL accelerated paying its suppliers.


More Return PCL Days Payable Historical Data

* Premium members only.

The historical data trend for More Return 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.

More Return PCL Days Payable Chart

More Return 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 13.56 19.65 40.86 14.25 28.62

More Return PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 269.95 238.18 140.04 136.91 240.62

BKK:MORE vs AWK, WTRG, AWR: Days Payable Comparison

For the Utilities - Regulated Water subindustry, More Return 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.


More Return PCL Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, More Return PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where More Return PCL's Days Payable falls into.



More Return 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.

More Return 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
=( (4.706 + 4.886) / 2 ) / 61.16*365
=4.796 / 61.16*365
=28.62

More Return PCL's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (42.878 + 41.583) / 2 ) / 16.015*365 / 4
=42.2305 / 16.015*365 / 4
=240.62

* 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 240.62 mean?
More Return PCL (BKK:MORE) has a Days Payable of 240.62 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 More Return PCL and its competitors. This is 425% above median its historical median of 45.86. Over the past decade, More Return PCL's Days Payable has ranged from 13.56 to 944.45. According to the industry distribution chart, More Return PCL ranks #80 out of 476 companies in the Utilities - Regulated industry, placing it in the top 16.8%.
Is More Return PCL's Days Payable too high?
More Return PCL's current Days Payable of 240.62 is 425% above median its 10-year median of 45.86. Over the past 10 years, this metric has ranged from a low of 13.56 to a high of 944.45. The Utilities - Regulated industry median Days Payable is 69.56. More Return PCL's value of 240.62 is 245.9% above this industry median. Based on the distribution chart, More Return PCL ranks #80 out of 476 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers.
How does More Return PCL's Days Payable compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, More Return PCL ranks #80 out of 476 companies for Days Payable. This places More Return PCL in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.56. More Return PCL's value of 240.62 is 245.9% above this benchmark. Historically, More Return PCL's own Days Payable has ranged from 13.56 to 944.45 over the past decade. While the company's 10-year median is 45.86 vs. the industry median of 69.56, More Return 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 69.56, based on 476 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. More Return PCL's current Days Payable of 240.62 is 245.9% 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 More Return PCL and its competitors. For the Utilities - Regulated industry, the median Days Payable is 69.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. More Return PCL's current Days Payable is 240.62, which is 425% above median its own 10-year median of 45.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is More Return PCL stock overvalued right now?
Based on GuruFocus' analysis, More Return PCL (BKK:MORE) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.06, compared to a current price of ฿0.06 — trading right at its estimated fair value. The current Days Payable is 240.62, which is 425% above median its 10-year median of 45.86 and 245.9% above the Utilities - Regulated industry median of 69.56. 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 More Return PCL (BKK:MORE), the current Days Payable is 240.62 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.

More Return PCL Business Description

Address Vibhavadi Rangsit Road, Soi Vibhavadi Rangsit 17, 222/148-150, Baan Suan Chatuchak Condominium, Chatuchak Sub-district, Chatuchak District, Bangkok, THA, 10900
More Return PCL is a Thailand-based company. Along with its subsidiaries, it operates in the following reportable segments; Services, Utilities, and Trading. The majority of its revenue is generated from the Utilities segment which is engaged in producing and selling treated water, and installation of water supply systems. The Services segment is responsible for consulting and organizing concerts, and the Trading segment is responsible for selling mosquito repellent spray products.