Metro Systems PCL (BKK:MSC-R) Days Payable: 43.78 (As of Mar. 2026) — Near Median


BKK:MSC-R Metro Systems Corp PCL BKK:MSC-R
66 GF Score
Price ฿7.70
GF Value ฿9.39
! 7 Warning Signs
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What is Metro Systems PCL Days Payable?

Metro Systems PCL BKK:MSC-R 66 Days Payable is 43.78 as of Mar. 2026, which is 9% above its 10-year median of 40.12. GuruFocus rates BKK:MSC-R with a GF Score™ of 66/100 and a GF Value™ of ฿9.39. The stock has 7 warning signs investors should review. Among 2,438 Hardware companies, Metro Systems PCL ranks worse than 69.4% on this metric.

Metro Systems PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿1,002 Mil. Metro Systems PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿2,089 Mil. Hence, Metro Systems PCL's Days Payable for the three months ended in Mar. 2026 was 43.78.

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

BKK:MSC-R' s Days Payable Range Over the Past 10 Years
Min: 17   Med: 40.12   Max: 51.89
Current: 48.83

During the past 13 years, Metro Systems PCL's highest Days Payable was 51.89. The lowest was 17.00. And the median was 40.12.

BKK:MSC-R's Days Payable is ranked worse than
69.4% of 2438 companies
in the Hardware industry
Industry Median: 69.935 vs BKK:MSC-R: 48.83

Metro Systems PCL's Days Payable increased from Mar. 2025 (35.71) to Mar. 2026 (43.78). It may suggest that Metro Systems PCL delayed paying its suppliers.


Metro Systems PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Metro Systems 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.

Metro Systems PCL Days Payable Chart

Metro Systems 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 34.68 42.19 48.76 42.32 39.97

Metro Systems 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 35.71 60.50 39.26 39.57 43.78

BKK:MSC-R vs SNX, ARW, AVT: Days Payable Comparison

For the Electronics & Computer Distribution subindustry, Metro Systems 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.


Metro Systems PCL Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Metro Systems PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Metro Systems PCL's Days Payable falls into.


BKK:MSC-R
66GF Score
Metro Systems Corp PCL BKK:MSC-R
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Metro Systems 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.

Metro Systems 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
=( (895.143 + 839.961) / 2 ) / 7923.301*365
=867.552 / 7923.301*365
=39.97

Metro Systems 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
=( (839.961 + 1164.319) / 2 ) / 2088.659*365 / 4
=1002.14 / 2088.659*365 / 4
=43.78

* 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 43.78 mean?
Metro Systems PCL (BKK:MSC-R) has a Days Payable of 43.78 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 Metro Systems PCL and its competitors. This is near median its historical median of 40.12. Over the past decade, Metro Systems PCL's Days Payable has ranged from 17.00 to 51.89. According to the industry distribution chart, Metro Systems PCL ranks #1692 out of 2438 companies in the Hardware industry, placing it in the top 69.4%.
Is Metro Systems PCL's Days Payable too high?
Metro Systems PCL's current Days Payable of 43.78 is near median its 10-year median of 40.12. Over the past 10 years, this metric has ranged from a low of 17.00 to a high of 51.89. The Hardware industry median Days Payable is 69.94. Metro Systems PCL's value of 43.78 is 37.4% below this industry median. Based on the distribution chart, Metro Systems PCL ranks #1692 out of 2438 companies in the Hardware industry, which is below the industry midpoint. Overall, Metro Systems PCL has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Metro Systems PCL's Days Payable compare to SNX and ARW?
According to the Hardware industry distribution chart, Metro Systems PCL ranks #1692 out of 2438 companies for Days Payable. This places Metro Systems PCL in the lower half of its industry. The industry median Days Payable is 69.94. Metro Systems PCL's value of 43.78 is 37.4% below this benchmark. Historically, Metro Systems PCL's own Days Payable has ranged from 17.00 to 51.89 over the past decade. While the company's 10-year median is 40.12 vs. the industry median of 69.94, Metro Systems 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 Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,438 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. Metro Systems PCL's current Days Payable of 43.78 is 37.4% 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 Metro Systems PCL and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metro Systems PCL's current Days Payable is 43.78, which is near median its own 10-year median of 40.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro Systems PCL stock overvalued right now?
Metro Systems PCL (BKK:MSC-R) has a current Days Payable of 43.78. The stock's GF Value™ is ฿9.39, compared to a current price of ฿7.70 — trading 18% below its estimated fair value. The current Days Payable is 43.78, which is near median its 10-year median of 40.12 and 37.4% below the Hardware industry median of 69.94. Metro Systems PCL's overall GF Score™ is 66/100 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 Metro Systems PCL (BKK:MSC-R), the current Days Payable is 43.78 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 Metro Systems PCL (BKK:MSC-R) Overvalued in 2026?

Based on GuruFocus' analysis, Metro Systems PCL stock appears to be undervalued. The current stock price of ฿7.70 is trading 18% below its estimated GF Value™ of ฿9.39.

Key valuation signals for BKK:MSC-R:

  • Days Payable: 43.78 (near median its 10-year median of 40.12)
  • GF Value™: ฿9.39 vs. price of ฿7.70 (18% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 37.4% below the Hardware median (#1692 of 2438)

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


Metro Systems PCL Business Description

Other Exchanges MSC:Thailand
Address 400 Chalermprakiat Rama IX Road, Nong Bon Subdistrict, Prawet District, Bangkok, THA, 10250
Metro Systems Corp PCL is a Thailand-based company. Together with its subsidiaries, the company is engaged in trading computers and equipment, software, supplies, office equipment, and related services. It operates in four segments namely Sales computers and equipment, Sales and installation software, Sales supplies and office equipment, and Rental and other services. It derives key revenue from the Sales and installation software. Some of its product includes Systems and servers, Supplies and peripherals, E-Business Solution, Software, and Services.
66GF Score

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

฿7.70
Price
฿9.39
GF Value