N.D. Rubber PCL (BKK:NDR) Days Payable: 38.81 (As of Mar. 2026) — Near Median

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BKK:NDR N.D. Rubber PCL BKK:NDR
63 GF Score
Price ฿1.80
GF Value ฿1.32
Valuation Significantly Overvalued
! 4 Warning Signs
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What is N.D. Rubber PCL Days Payable?

N.D. Rubber PCL BKK:NDR 63 Days Payable is 38.81 as of Mar. 2026, which is 1% above its 10-year median of 38.58. GuruFocus rates BKK:NDR with a GF Score™ of 63/100 and a GF Value™ of ฿1.32 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,306 Vehicles & Parts companies, N.D. Rubber PCL ranks worse than 78.33% on this metric.

N.D. Rubber PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿85.6 Mil. N.D. Rubber PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿201.2 Mil. Hence, N.D. Rubber PCL's Days Payable for the three months ended in Mar. 2026 was 38.81.

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

BKK:NDR' s Days Payable Range Over the Past 10 Years
Min: 32.87   Med: 38.58   Max: 49.47
Current: 37.83

During the past 12 years, N.D. Rubber PCL's highest Days Payable was 49.47. The lowest was 32.87. And the median was 38.58.

BKK:NDR's Days Payable is ranked worse than
78.33% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs BKK:NDR: 37.83

N.D. Rubber PCL's Days Payable declined from Mar. 2025 (39.10) to Mar. 2026 (38.81). It may suggest that N.D. Rubber PCL accelerated paying its suppliers.


N.D. Rubber PCL Days Payable Historical Data

* Premium members only.

The historical data trend for N.D. Rubber 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.D. Rubber PCL Days Payable Chart

N.D. Rubber 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 41.89 38.24 36.81 39.01 38.91

N.D. Rubber 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 39.10 37.53 37.51 34.20 38.81

BKK:NDR vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, N.D. Rubber 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.D. Rubber PCL Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, N.D. Rubber PCL's Days Payable distribution charts can be found below:

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


BKK:NDR
63GF Score
N.D. Rubber PCL BKK:NDR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

N.D. Rubber 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.D. Rubber 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
=( (82.67 + 77.261) / 2 ) / 750.128*365
=79.9655 / 750.128*365
=38.91

N.D. Rubber 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
=( (77.261 + 93.86) / 2 ) / 201.191*365 / 4
=85.5605 / 201.191*365 / 4
=38.81

* 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 38.81 mean?
N.D. Rubber PCL (BKK:NDR) has a Days Payable of 38.81 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.D. Rubber PCL and its competitors. This is near median its historical median of 38.58. Over the past decade, N.D. Rubber PCL's Days Payable has ranged from 32.87 to 49.47. According to the industry distribution chart, N.D. Rubber PCL ranks #1023 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 78.3%.
Is N.D. Rubber PCL's Days Payable too high?
N.D. Rubber PCL's current Days Payable of 38.81 is near median its 10-year median of 38.58. Over the past 10 years, this metric has ranged from a low of 32.87 to a high of 49.47. The Vehicles & Parts industry median Days Payable is 67.14. N.D. Rubber PCL's value of 38.81 is 42.2% below this industry median. Based on the distribution chart, N.D. Rubber PCL ranks #1023 out of 1306 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, N.D. Rubber PCL has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does N.D. Rubber PCL's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, N.D. Rubber PCL ranks #1023 out of 1306 companies for Days Payable. This places N.D. Rubber PCL in the lower half of its industry. The industry median Days Payable is 67.14. N.D. Rubber PCL's value of 38.81 is 42.2% below this benchmark. Historically, N.D. Rubber PCL's own Days Payable has ranged from 32.87 to 49.47 over the past decade. While the company's 10-year median is 38.58 vs. the industry median of 67.14, N.D. Rubber 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.14, based on 1,306 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.D. Rubber PCL's current Days Payable of 38.81 is 42.2% 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 N.D. Rubber PCL and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. N.D. Rubber PCL's current Days Payable is 38.81, which is near median its own 10-year median of 38.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is N.D. Rubber PCL stock overvalued right now?
Based on GuruFocus' analysis, N.D. Rubber PCL (BKK:NDR) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.32, compared to a current price of ฿1.80 — trading 36.4% above its estimated fair value. The current Days Payable is 38.81, which is near median its 10-year median of 38.58 and 42.2% below the Vehicles & Parts industry median of 67.14. N.D. Rubber PCL's overall GF Score™ is 63/100 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.D. Rubber PCL (BKK:NDR), the current Days Payable is 38.81 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.D. Rubber PCL (BKK:NDR) Overvalued in 2026?

Based on GuruFocus' analysis, N.D. Rubber PCL stock appears to be overvalued. The current stock price of ฿1.80 is trading 36.4% above its estimated GF Value™ of ฿1.32. GuruFocus considers N.D. Rubber PCL to be Significantly Overvalued.

Key valuation signals for BKK:NDR:

  • Days Payable: 38.81 (near median its 10-year median of 38.58)
  • GF Value™: ฿1.32 vs. price of ฿1.80 (36.4% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 42.2% below the Vehicles & Parts median (#1023 of 1306)

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


N.D. Rubber PCL Business Description

Address 129 Moo 3, Nongsak-Phanasnikom Road, Nongeiroon Sub-district, Banbueng, Chonburi, THA, 20220
N.D. Rubber PCL is engaged in the manufacturing and distribution of tyres, tubes, and batteries for motorcycles and automobiles. It offers Tyres and Tubes for motorcycles, Bicycle batteries, Rubber parts, Shoes, Lube oil, and synthetic, producing and distributing electricity from the solar energy. The company derives revenue from the sales made in Thailand and the overseas market. It generates a majority of revenue from the sales of Tyres.
63GF Score

Get the complete analysis for BKK:NDR

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

฿1.80
Price
฿1.32
GF Value