Netbay PCLBKK:NETBAY +1.03%78 Days Payable is 65.66 as of Mar. 2026, which is 287% above its 10-year median of 16.98. GuruFocus rates BKK:NETBAY with a GF Score™ of 78/100 and a GF Value™ of ฿21.55 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,602 Software companies, Netbay PCL ranks worse than 54.84% on this metric.
Netbay PCL's average Accounts Payable for the
three
months ended in Mar. 2026 was ฿36.8 Mil. Netbay PCL's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ฿51.2 Mil.
Hence, Netbay PCL's Days Payable for the
three
months ended in Mar. 2026 was 65.66.
The historical rank and industry rank for Netbay PCL's Days Payable or its related term are showing as below:
BKK:NETBAY'
s Days Payable Range Over the Past 10 Years
Min: 9.11 Med: 16.98 Max: 48.22
Current: 47.06
During the past 11 years, Netbay PCL's highest Days Payable was 48.22. The lowest was 9.11. And the median was 16.98.
BKK:NETBAY's Days Payable is ranked worse than 54.84% of 2602
companies
in the Software industry
Industry Median: 53.955
vs BKK:NETBAY: 47.06
Netbay PCL's Days Payable
increased
from Mar. 2025 (28.16) to Mar. 2026 (65.66).
It may suggest that Netbay PCLdelayed paying its suppliers.
Netbay PCL Days Payable Related Terms
Netbay PCL Days Payable Historical Data
* Premium members only.
The historical data trend for Netbay 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.
BKK:NETBAY vs CRM, SHOP, UBER: Days Payable Comparison
For the Software - Application subindustry, Netbay 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.
Netbay PCL Days Payable vs Software Industry
For the Software industry and Technology sector, Netbay PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Netbay PCL's Days Payable falls into.
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.
Netbay PCL's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Netbay PCL (BKK:NETBAY) has a Days Payable of 65.66 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 Netbay PCL and its competitors. This is 287% above median its historical median of 16.98. Over the past decade, Netbay PCL's Days Payable has ranged from 9.11 to 48.22. According to the industry distribution chart, Netbay PCL ranks #1427 out of 2602 companies in the Software industry, placing it in the top 54.8%.
Is Netbay PCL's Days Payable too high?
Netbay PCL's current Days Payable of 65.66 is 287% above median its 10-year median of 16.98. Over the past 10 years, this metric has ranged from a low of 9.11 to a high of 48.22. The Software industry median Days Payable is 53.96. Netbay PCL's value of 65.66 is 21.7% above this industry median. Based on the distribution chart, Netbay PCL ranks #1427 out of 2602 companies in the Software industry, which is below the industry midpoint. Overall, Netbay PCL has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netbay PCL's Days Payable compare to CRM and SHOP?
According to the Software industry distribution chart, Netbay PCL ranks #1427 out of 2602 companies for Days Payable. This places Netbay PCL in the lower half of its industry. The industry median Days Payable is 53.96. Netbay PCL's value of 65.66 is 21.7% above this benchmark. Historically, Netbay PCL's own Days Payable has ranged from 9.11 to 48.22 over the past decade. While the company's 10-year median is 16.98 vs. the industry median of 53.96, Netbay 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 Software company?
The median Days Payable among Software companies is 53.96, based on 2,602 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. Netbay PCL's current Days Payable of 65.66 is 21.7% 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 Netbay PCL and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netbay PCL's current Days Payable is 65.66, which is 287% above median its own 10-year median of 16.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netbay PCL stock overvalued right now?
Based on GuruFocus' analysis, Netbay PCL (BKK:NETBAY) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿21.55, compared to a current price of ฿9.85 — trading 54.3% below its estimated fair value. The current Days Payable is 65.66, which is 287% above median its 10-year median of 16.98 and 21.7% above the Software industry median of 53.96. Netbay PCL's overall GF Score™ is 78/100 with 3 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 Netbay PCL (BKK:NETBAY), the current Days Payable is 65.66 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 Netbay PCL (BKK:NETBAY) Overvalued in 2026?
Based on GuruFocus' analysis, Netbay PCL stock appears to be undervalued.
The current stock price of ฿9.85 is trading 54.3% below its estimated GF Value™ of ฿21.55.
GuruFocus considers Netbay PCL to be Significantly Undervalued.
Key valuation signals for BKK:NETBAY:
Days Payable: 65.66 (287% above median its 10-year median of 16.98)
GF Value™: ฿21.55 vs. price of ฿9.85 (54.3% below fair value)
Industry Position: 21.7% above the Software median (#1427 of 2602)
No single metric tells the full story. See the BKK:NETBAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Netbay PCL is a Thailand-based company engaged in the provision and development of computer software used in the transmission of information electronically. The company creates, designs, and develops a digital business technology platform and omnichannel connectivity gateway. It operates in two segments: The e-Business segment, which develops an e-Business product in the form of services (SaaS: Software As A Service), and the e-Service segment, which rendered an e-Business service for the Business segment to Government (B2G) transaction, and Business segment to Business segment (B2B) transaction. The company operates only in Thailand and generates the majority of its revenue from the e-Business segment.
78GF Score
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