North East Rubber PCL (BKK:NER-R) Days Payable: 1.64 (As of Dec. 2025) — 16% Below Median


BKK:NER-R North East Rubber PCL BKK:NER-R
89 GF Score
Price ฿4.76
GF Value ฿5.92
! 5 Warning Signs
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What is North East Rubber PCL Days Payable?

North East Rubber PCL BKK:NER-R 89 Days Payable is 1.64 as of Dec. 2025, which is 16% below its 10-year median of 1.96. GuruFocus rates BKK:NER-R with a GF Score™ of 89/100 and a GF Value™ of ฿5.92. The stock has 5 warning signs investors should review. Among 1,559 Chemicals companies, North East Rubber PCL ranks worse than 99.55% on this metric.

North East Rubber PCL's average Accounts Payable for the three months ended in Dec. 2025 was ฿119 Mil. North East Rubber PCL's Cost of Goods Sold for the three months ended in Dec. 2025 was ฿6,626 Mil. Hence, North East Rubber PCL's Days Payable for the three months ended in Dec. 2025 was 1.64.

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

BKK:NER-R' s Days Payable Range Over the Past 10 Years
Min: 0.69   Med: 1.96   Max: 5.37
Current: 2.19

During the past 12 years, North East Rubber PCL's highest Days Payable was 5.37. The lowest was 0.69. And the median was 1.96.

BKK:NER-R's Days Payable is ranked worse than
99.55% of 1559 companies
in the Chemicals industry
Industry Median: 59.88 vs BKK:NER-R: 2.19

North East Rubber PCL's Days Payable increased from Dec. 2024 (1.09) to Dec. 2025 (1.64). It may suggest that North East Rubber PCL delayed paying its suppliers.


North East Rubber PCL Days Payable Historical Data

* Premium members only.

The historical data trend for North East 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.

North East Rubber PCL Days Payable Chart

North East 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 1.96 1.62 0.92 0.82 0.69

North East Rubber PCL Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.09 1.68 3.51 3.64 1.64

BKK:NER-R vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, North East 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.


North East Rubber PCL Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, North East Rubber PCL's Days Payable distribution charts can be found below:

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


BKK:NER-R
89GF Score
North East Rubber PCL BKK:NER-R
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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North East 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.

North East 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
=( (59.367 + 44.381) / 2 ) / 27313.505*365
=51.874 / 27313.505*365
=0.69

North East Rubber PCL's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (193.868 + 44.381) / 2 ) / 6625.82*365 / 4
=119.1245 / 6625.82*365 / 4
=1.64

* 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 1.64 mean?
North East Rubber PCL (BKK:NER-R) has a Days Payable of 1.64 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on North East Rubber PCL and its competitors. This is 16% below median its historical median of 1.96. Over the past decade, North East Rubber PCL's Days Payable has ranged from 0.69 to 5.37. According to the industry distribution chart, North East Rubber PCL ranks #1552 out of 1559 companies in the Chemicals industry, placing it in the top 99.6%.
Is North East Rubber PCL's Days Payable too high?
North East Rubber PCL's current Days Payable of 1.64 is 16% below median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 5.37. The Chemicals industry median Days Payable is 59.88. North East Rubber PCL's value of 1.64 is 97.3% below this industry median. Based on the distribution chart, North East Rubber PCL ranks #1552 out of 1559 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, North East Rubber PCL has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does North East Rubber PCL's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, North East Rubber PCL ranks #1552 out of 1559 companies for Days Payable. This places North East Rubber PCL in the lower half of its industry. The industry median Days Payable is 59.88. North East Rubber PCL's value of 1.64 is 97.3% below this benchmark. Historically, North East Rubber PCL's own Days Payable has ranged from 0.69 to 5.37 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 59.88, North East 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.88, based on 1,559 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. North East Rubber PCL's current Days Payable of 1.64 is 97.3% 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 North East Rubber PCL and its competitors. For the Chemicals industry, the median Days Payable is 59.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North East Rubber PCL's current Days Payable is 1.64, which is 16% below median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North East Rubber PCL stock overvalued right now?
North East Rubber PCL (BKK:NER-R) has a current Days Payable of 1.64. The stock's GF Value™ is ฿5.92, compared to a current price of ฿4.76 — trading 19.6% below its estimated fair value. The current Days Payable is 1.64, which is 16% below median its 10-year median of 1.96 and 97.3% below the Chemicals industry median of 59.88. North East Rubber PCL's overall GF Score™ is 89/100 with 5 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 North East Rubber PCL (BKK:NER-R), the current Days Payable is 1.64 as of Dec. 2025. 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 North East Rubber PCL (BKK:NER-R) Overvalued in 2026?

Based on GuruFocus' analysis, North East Rubber PCL stock appears to be undervalued. The current stock price of ฿4.76 is trading 19.6% below its estimated GF Value™ of ฿5.92.

Key valuation signals for BKK:NER-R:

  • Days Payable: 1.64 (16% below median its 10-year median of 1.96)
  • GF Value™: ฿5.92 vs. price of ฿4.76 (19.6% below fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 97.3% below the Chemicals median (#1552 of 1559)

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


North East Rubber PCL Business Description

Other Exchanges NER:Thailand
Address 398 Moo 4 Khok Ma, Prakhon Chai, Buriram Province, Bangkok, THA, 31140
North East Rubber PCL Company and its subsidiary have a single core operating segment (identified by internal reporting segments), i.e., manufacturing and sales of rubber smoked sheets, skim block rubbers, and other rubber products, both domestically and abroad. Geographically, the maximum revenue is generated from Thailand.
89GF Score

Get the complete analysis for BKK:NER-R

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

฿4.76
Price
฿5.92
GF Value