N.C. Housing PCL (BKK:NCH) Days Payable: 214.30 (As of Mar. 2026) — 248% 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.

BKK:NCH N.C. Housing PCL BKK:NCH
35 GF Score
Price ฿0.43
GF Value ฿0.42
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is N.C. Housing PCL Days Payable?

N.C. Housing PCL BKK:NCH -2.27% 35 Days Payable is 214.30 as of Mar. 2026, which is 248% above its 10-year median of 61.52. GuruFocus rates BKK:NCH with a GF Score™ of 35/100 and a GF Value™ of ฿0.42 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,567 Real Estate companies, N.C. Housing PCL ranks better than 67.39% on this metric.

N.C. Housing PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿386 Mil. N.C. Housing PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿164 Mil. Hence, N.C. Housing PCL's Days Payable for the three months ended in Mar. 2026 was 214.30.

The historical rank and industry rank for N.C. Housing PCL's Days Payable or its related term are showing as below:

BKK:NCH' s Days Payable Range Over the Past 10 Years
Min: 19.81   Med: 61.52   Max: 177.68
Current: 177.68

During the past 13 years, N.C. Housing PCL's highest Days Payable was 177.68. The lowest was 19.81. And the median was 61.52.

BKK:NCH's Days Payable is ranked better than
67.39% of 1567 companies
in the Real Estate industry
Industry Median: 94.38 vs BKK:NCH: 177.68

N.C. Housing PCL's Days Payable increased from Mar. 2025 (164.90) to Mar. 2026 (214.30). It may suggest that N.C. Housing PCL delayed paying its suppliers.


N.C. Housing PCL Days Payable Historical Data

* Premium members only.

The historical data trend for N.C. Housing 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.

N.C. Housing PCL Days Payable Chart

N.C. Housing 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 63.02 93.27 100.58 164.90 168.38

N.C. Housing 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 164.90 178.44 165.88 158.93 214.30

N.C. Housing PCL Days Payable Competitor Comparison

For the Real Estate - Development subindustry, N.C. Housing 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.


N.C. Housing PCL Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, N.C. Housing PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where N.C. Housing PCL's Days Payable falls into.


BKK:NCH
35GF Score
N.C. Housing PCL BKK:NCH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

N.C. Housing 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.

N.C. Housing 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
=( (390.089 + 384.785) / 2 ) / 839.867*365
=387.437 / 839.867*365
=168.38

N.C. Housing 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
=( (384.785 + 386.426) / 2 ) / 164.189*365 / 4
=385.6055 / 164.189*365 / 4
=214.30

* 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 214.30 mean?
N.C. Housing PCL (BKK:NCH) has a Days Payable of 214.30 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 N.C. Housing PCL and its competitors. This is 248% above median its historical median of 61.52. Over the past decade, N.C. Housing PCL's Days Payable has ranged from 19.81 to 177.68. According to the industry distribution chart, N.C. Housing PCL ranks #511 out of 1567 companies in the Real Estate industry, placing it in the top 32.6%.
Is N.C. Housing PCL's Days Payable too high?
N.C. Housing PCL's current Days Payable of 214.30 is 248% above median its 10-year median of 61.52. Over the past 10 years, this metric has ranged from a low of 19.81 to a high of 177.68. The Real Estate industry median Days Payable is 94.38. N.C. Housing PCL's value of 214.30 is 127.1% above this industry median. Based on the distribution chart, N.C. Housing PCL ranks #511 out of 1567 companies in the Real Estate industry, which is above the industry midpoint. Overall, N.C. Housing PCL has a GF Score™ of 35/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does N.C. Housing PCL's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, N.C. Housing PCL ranks #511 out of 1567 companies for Days Payable. This puts N.C. Housing PCL in the upper half of its industry. The industry median Days Payable is 94.38. N.C. Housing PCL's value of 214.30 is 127.1% above this benchmark. Historically, N.C. Housing PCL's own Days Payable has ranged from 19.81 to 177.68 over the past decade. While the company's 10-year median is 61.52 vs. the industry median of 94.38, N.C. Housing 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,567 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. N.C. Housing PCL's current Days Payable of 214.30 is 127.1% 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 N.C. Housing PCL and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. N.C. Housing PCL's current Days Payable is 214.30, which is 248% above median its own 10-year median of 61.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is N.C. Housing PCL stock overvalued right now?
Based on GuruFocus' analysis, N.C. Housing PCL (BKK:NCH) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.42, compared to a current price of ฿0.43 — trading 2.4% above its estimated fair value. The current Days Payable is 214.30, which is 248% above median its 10-year median of 61.52 and 127.1% above the Real Estate industry median of 94.38. N.C. Housing PCL's overall GF Score™ is 35/100 with 4 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 N.C. Housing PCL (BKK:NCH), the current Days Payable is 214.30 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 N.C. Housing PCL (BKK:NCH) Overvalued in 2026?

Based on GuruFocus' analysis, N.C. Housing PCL stock appears to be overvalued. The current stock price of ฿0.43 is trading 2.4% above its estimated GF Value™ of ฿0.42. GuruFocus considers N.C. Housing PCL to be Fairly Valued.

Key valuation signals for BKK:NCH:

  • Days Payable: 214.30 (248% above median its 10-year median of 61.52)
  • GF Value™: ฿0.42 vs. price of ฿0.43 (2.4% above fair value)
  • GF Score™: 35/100 with 4 warning signs
  • Industry Position: 127.1% above the Real Estate median (#511 of 1567)

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


N.C. Housing PCL Business Description

Address 70, Moo 5, Tambol Bueng Kham Phroi, Aumpur Lumlookka, Patumtanee, THA, 12150
N.C. Housing PCL is involved in developing real estate properties. The business operation of the Group mainly involves Real Estate, Rental and Services, Contractor Property Management Services, and Intermediate Care and Wellness, the majority of its revenue is from Real Estate. The company operates in Thailand only.
35GF Score

Get the complete analysis for BKK:NCH

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

฿0.43
Price
฿0.42
GF Value