Maybank Securities (Thailand) PCL (BKK:MST-R) Days Payable: 1,122.90 (As of Mar. 2026) — 70% Above Median


BKK:MST-R Maybank Securities (Thailand) PCL BKK:MST-R
59 GF Score
Price ฿6.85
GF Value ฿6.44
! 7 Warning Signs
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What is Maybank Securities (Thailand) PCL Days Payable?

Maybank Securities (Thailand) PCL BKK:MST-R 59 Days Payable is 1,122.90 as of Mar. 2026, which is 70% above its 10-year median of 661.45. GuruFocus rates BKK:MST-R with a GF Score™ of 59/100 and a GF Value™ of ฿6.44. The stock has 7 warning signs investors should review. Among 539 Capital Markets companies, Maybank Securities (Thailand) PCL ranks better than 79.22% on this metric.

Maybank Securities (Thailand) PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿4,155 Mil. Maybank Securities (Thailand) PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿338 Mil. Hence, Maybank Securities (Thailand) PCL's Days Payable for the three months ended in Mar. 2026 was 1,122.90.

The historical rank and industry rank for Maybank Securities (Thailand) PCL's Days Payable or its related term are showing as below:

BKK:MST-R' s Days Payable Range Over the Past 10 Years
Min: 449.11   Med: 661.45   Max: 1052.19
Current: 851.53

During the past 13 years, Maybank Securities (Thailand) PCL's highest Days Payable was 1052.19. The lowest was 449.11. And the median was 661.45.

BKK:MST-R's Days Payable is ranked better than
79.22% of 539 companies
in the Capital Markets industry
Industry Median: 91.02 vs BKK:MST-R: 851.53

Maybank Securities (Thailand) PCL's Days Payable increased from Mar. 2025 (488.41) to Mar. 2026 (1,122.90). It may suggest that Maybank Securities (Thailand) PCL delayed paying its suppliers.


Maybank Securities (Thailand) PCL Days Payable Related Terms


Maybank Securities (Thailand) PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Maybank Securities (Thailand) 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.

Maybank Securities (Thailand) PCL Days Payable Chart

Maybank Securities (Thailand) 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 671.17 1,052.19 901.58 520.53 622.32

Maybank Securities (Thailand) 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 488.41 552.67 687.57 791.37 1,122.90

BKK:MST-R vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, Maybank Securities (Thailand) 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.


Maybank Securities (Thailand) PCL Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Maybank Securities (Thailand) PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Maybank Securities (Thailand) PCL's Days Payable falls into.


BKK:MST-R
59GF Score
Maybank Securities (Thailand) PCL BKK:MST-R
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Maybank Securities (Thailand) 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.

Maybank Securities (Thailand) 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
=( (1377.145 + 2679.496) / 2 ) / 1189.638*365
=2028.3205 / 1189.638*365
=622.32

Maybank Securities (Thailand) 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
=( (2679.496 + 5630.364) / 2 ) / 337.64*365 / 4
=4154.93 / 337.64*365 / 4
=1,122.90

* 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 1,122.90 mean?
Maybank Securities (Thailand) PCL (BKK:MST-R) has a Days Payable of 1,122.90 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 Maybank Securities (Thailand) PCL and its competitors. This is 70% above median its historical median of 661.45. Over the past decade, Maybank Securities (Thailand) PCL's Days Payable has ranged from 449.11 to 1,052.19. According to the industry distribution chart, Maybank Securities (Thailand) PCL ranks #112 out of 539 companies in the Capital Markets industry, placing it in the top 20.8%.
Is Maybank Securities (Thailand) PCL's Days Payable too high?
Maybank Securities (Thailand) PCL's current Days Payable of 1,122.90 is 70% above median its 10-year median of 661.45. Over the past 10 years, this metric has ranged from a low of 449.11 to a high of 1,052.19. The Capital Markets industry median Days Payable is 91.02. Maybank Securities (Thailand) PCL's value of 1,122.90 is 1133.7% above this industry median. Based on the distribution chart, Maybank Securities (Thailand) PCL ranks #112 out of 539 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Maybank Securities (Thailand) PCL has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Maybank Securities (Thailand) PCL's Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Maybank Securities (Thailand) PCL ranks #112 out of 539 companies for Days Payable. This places Maybank Securities (Thailand) PCL in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 91.02. Maybank Securities (Thailand) PCL's value of 1,122.90 is 1133.7% above this benchmark. Historically, Maybank Securities (Thailand) PCL's own Days Payable has ranged from 449.11 to 1,052.19 over the past decade. While the company's 10-year median is 661.45 vs. the industry median of 91.02, Maybank Securities (Thailand) 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 91.02, based on 539 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. Maybank Securities (Thailand) PCL's current Days Payable of 1,122.90 is 1133.7% 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 Maybank Securities (Thailand) PCL and its competitors. For the Capital Markets industry, the median Days Payable is 91.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maybank Securities (Thailand) PCL's current Days Payable is 1,122.90, which is 70% above median its own 10-year median of 661.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maybank Securities (Thailand) PCL stock overvalued right now?
Maybank Securities (Thailand) PCL (BKK:MST-R) has a current Days Payable of 1,122.90. The stock's GF Value™ is ฿6.44, compared to a current price of ฿6.85 — trading 6.4% above its estimated fair value. The current Days Payable is 1,122.90, which is 70% above median its 10-year median of 661.45 and 1133.7% above the Capital Markets industry median of 91.02. Maybank Securities (Thailand) PCL's overall GF Score™ is 59/100 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 Maybank Securities (Thailand) PCL (BKK:MST-R), the current Days Payable is 1,122.90 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 Maybank Securities (Thailand) PCL (BKK:MST-R) Overvalued in 2026?

Based on GuruFocus' analysis, Maybank Securities (Thailand) PCL stock appears to be overvalued. The current stock price of ฿6.85 is trading 6.4% above its estimated GF Value™ of ฿6.44.

Key valuation signals for BKK:MST-R:

  • Days Payable: 1,122.90 (70% above median its 10-year median of 661.45)
  • GF Value™: ฿6.44 vs. price of ฿6.85 (6.4% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 1133.7% above the Capital Markets median (#112 of 539)

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


Maybank Securities (Thailand) PCL Business Description

Other Exchanges MST:Thailand
Address Rama 1 Road, 20th - 21st Floor and 25th Floor, 999/9 The Offices at Central World Building, Pathumwan, Bangkok, THA, 10330
Maybank Securities (Thailand) PCL is a public limited company incorporated and domiciled in Thailand. The company has licenses for securities business, which are securities brokerage, securities trading, underwriting, investment advisory, corporate finance advisory, securities registrar, derivatives brokerage, and securities borrowing and lending. The company is organized into business units based on its products and services and has two segments, namely the Securities Business segment, which also generates key revenue, provides services like securities brokering, derivative brokering, securities borrowing and lending, and the Investment Banking segment, which provides underwriting, investment advisory, securities borrowing and lending, and corporate finance advisory services.
59GF Score

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

฿6.85
Price
฿6.44
GF Value