NL Development PCL (BKK:NL) Days Payable: 122.24 (As of Mar. 2026) — 13% Below Median


BKK:NL NL Development PCL BKK:NL
16 GF Score
Price ฿0.70
! 2 Warning Signs
View Full Analysis

What is NL Development PCL Days Payable?

NL Development PCL BKK:NL 16 Days Payable is 122.24 as of Mar. 2026, which is 13% below its 10-year median of 141.27. GuruFocus rates BKK:NL with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 1,709 Construction companies, NL Development PCL ranks better than 68.4% on this metric.

NL Development PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿384 Mil. NL Development PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿287 Mil. Hence, NL Development PCL's Days Payable for the three months ended in Mar. 2026 was 122.24.

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

BKK:NL' s Days Payable Range Over the Past 10 Years
Min: 107.36   Med: 141.27   Max: 177.97
Current: 122.22

During the past 5 years, NL Development PCL's highest Days Payable was 177.97. The lowest was 107.36. And the median was 141.27.

BKK:NL's Days Payable is ranked better than
68.4% of 1709 companies
in the Construction industry
Industry Median: 76.72 vs BKK:NL: 122.22

NL Development PCL's Days Payable declined from Mar. 2025 (129.57) to Mar. 2026 (122.24). It may suggest that NL Development PCL accelerated paying its suppliers.


NL Development PCL Days Payable Historical Data

* Premium members only.

The historical data trend for NL Development 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.

NL Development PCL Days Payable Chart

NL Development PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
141.27 177.97 107.36 150.88 131.58

NL Development PCL Quarterly Data
Dec21 Mar22 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 129.57 181.56 103.51 94.83 122.24

BKK:NL vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, NL Development 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.


NL Development PCL Days Payable vs Construction Industry

For the Construction industry and Industrials sector, NL Development PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where NL Development PCL's Days Payable falls into.


BKK:NL
16GF Score
NL Development PCL BKK:NL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NL Development 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.

NL Development 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
=( (368.963 + 373.389) / 2 ) / 1029.646*365
=371.176 / 1029.646*365
=131.58

NL Development 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
=( (373.389 + 395.069) / 2 ) / 286.821*365 / 4
=384.229 / 286.821*365 / 4
=122.24

* 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 122.24 mean?
NL Development PCL (BKK:NL) has a Days Payable of 122.24 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 NL Development PCL and its competitors. This is 13% below median its historical median of 141.27. Over the past decade, NL Development PCL's Days Payable has ranged from 107.36 to 177.97. According to the industry distribution chart, NL Development PCL ranks #540 out of 1709 companies in the Construction industry, placing it in the top 31.6%.
Is NL Development PCL's Days Payable too high?
NL Development PCL's current Days Payable of 122.24 is 13% below median its 10-year median of 141.27. Over the past 10 years, this metric has ranged from a low of 107.36 to a high of 177.97. The Construction industry median Days Payable is 76.72. NL Development PCL's value of 122.24 is 59.3% above this industry median. Based on the distribution chart, NL Development PCL ranks #540 out of 1709 companies in the Construction industry, which is above the industry midpoint. Overall, NL Development PCL has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does NL Development PCL's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, NL Development PCL ranks #540 out of 1709 companies for Days Payable. This puts NL Development PCL in the upper half of its industry. The industry median Days Payable is 76.72. NL Development PCL's value of 122.24 is 59.3% above this benchmark. Historically, NL Development PCL's own Days Payable has ranged from 107.36 to 177.97 over the past decade. While the company's 10-year median is 141.27 vs. the industry median of 76.72, NL Development 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 Construction company?
The median Days Payable among Construction companies is 76.72, based on 1,709 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. NL Development PCL's current Days Payable of 122.24 is 59.3% 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 NL Development PCL and its competitors. For the Construction industry, the median Days Payable is 76.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NL Development PCL's current Days Payable is 122.24, which is 13% below median its own 10-year median of 141.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NL Development PCL stock overvalued right now?
NL Development PCL (BKK:NL) has a current Days Payable of 122.24. The current Days Payable is 122.24, which is 13% below median its 10-year median of 141.27 and 59.3% above the Construction industry median of 76.72. NL Development PCL's overall GF Score™ is 16/100 with 2 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 NL Development PCL (BKK:NL), the current Days Payable is 122.24 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.

NL Development PCL Business Description

Address 417 Ratchawithi Road, Bang Phlat District, Bangkok, THA, 10700
NL Development PCL is engaged in business of contractor and general construction. It provides surveying, design, and construction services for all types of buildings, including the installation of various engineering systems and public infrastructure construction.
16GF Score

Get the complete analysis for BKK:NL

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

฿0.70
Price