New Plus Knitting PCL (BKK:NPK) Days Payable: 28.96 (As of Mar. 2026) — 31% Above Median


BKK:NPK New Plus Knitting PCL BKK:NPK
71 GF Score
Price ฿12.80
GF Value ฿14.48
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is New Plus Knitting PCL Days Payable?

New Plus Knitting PCL BKK:NPK 71 Days Payable is 28.96 as of Mar. 2026, which is 31% above its 10-year median of 22.09. GuruFocus rates BKK:NPK with a GF Score™ of 71/100 and a GF Value™ of ฿14.48 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,012 Manufacturing - Apparel & Accessories companies, New Plus Knitting PCL ranks worse than 76.28% on this metric.

New Plus Knitting PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿13.1 Mil. New Plus Knitting PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿41.3 Mil. Hence, New Plus Knitting PCL's Days Payable for the three months ended in Mar. 2026 was 28.96.

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

BKK:NPK' s Days Payable Range Over the Past 10 Years
Min: 18.17   Med: 22.09   Max: 28.79
Current: 28.62

During the past 13 years, New Plus Knitting PCL's highest Days Payable was 28.79. The lowest was 18.17. And the median was 22.09.

BKK:NPK's Days Payable is ranked worse than
76.28% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.945 vs BKK:NPK: 28.62

New Plus Knitting PCL's Days Payable declined from Mar. 2025 (30.70) to Mar. 2026 (28.96). It may suggest that New Plus Knitting PCL accelerated paying its suppliers.


New Plus Knitting PCL Days Payable Historical Data

* Premium members only.

The historical data trend for New Plus Knitting 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.

New Plus Knitting PCL Days Payable Chart

New Plus Knitting 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 22.17 18.17 20.85 28.61 28.11

New Plus Knitting 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 30.70 28.66 28.33 30.50 28.96

BKK:NPK vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, New Plus Knitting 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.


New Plus Knitting PCL Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, New Plus Knitting PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where New Plus Knitting PCL's Days Payable falls into.


BKK:NPK
71GF Score
New Plus Knitting PCL BKK:NPK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Plus Knitting 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.

New Plus Knitting 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
=( (19.597 + 14.025) / 2 ) / 218.258*365
=16.811 / 218.258*365
=28.11

New Plus Knitting 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
=( (14.025 + 12.166) / 2 ) / 41.268*365 / 4
=13.0955 / 41.268*365 / 4
=28.96

* 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 28.96 mean?
New Plus Knitting PCL (BKK:NPK) has a Days Payable of 28.96 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 New Plus Knitting PCL and its competitors. This is 31% above median its historical median of 22.09. Over the past decade, New Plus Knitting PCL's Days Payable has ranged from 18.17 to 28.79. According to the industry distribution chart, New Plus Knitting PCL ranks #772 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 76.3%.
Is New Plus Knitting PCL's Days Payable too high?
New Plus Knitting PCL's current Days Payable of 28.96 is 31% above median its 10-year median of 22.09. Over the past 10 years, this metric has ranged from a low of 18.17 to a high of 28.79. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.95. New Plus Knitting PCL's value of 28.96 is 46.3% below this industry median. Based on the distribution chart, New Plus Knitting PCL ranks #772 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, New Plus Knitting PCL has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Plus Knitting PCL's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, New Plus Knitting PCL ranks #772 out of 1012 companies for Days Payable. This places New Plus Knitting PCL in the lower half of its industry. The industry median Days Payable is 53.95. New Plus Knitting PCL's value of 28.96 is 46.3% below this benchmark. Historically, New Plus Knitting PCL's own Days Payable has ranged from 18.17 to 28.79 over the past decade. While the company's 10-year median is 22.09 vs. the industry median of 53.95, New Plus Knitting 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.95, based on 1,012 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. New Plus Knitting PCL's current Days Payable of 28.96 is 46.3% 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 New Plus Knitting PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Plus Knitting PCL's current Days Payable is 28.96, which is 31% above median its own 10-year median of 22.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Plus Knitting PCL stock overvalued right now?
Based on GuruFocus' analysis, New Plus Knitting PCL (BKK:NPK) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿14.48, compared to a current price of ฿12.80 — trading 11.6% below its estimated fair value. The current Days Payable is 28.96, which is 31% above median its 10-year median of 22.09 and 46.3% below the Manufacturing - Apparel & Accessories industry median of 53.95. New Plus Knitting PCL's overall GF Score™ is 71/100 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 New Plus Knitting PCL (BKK:NPK), the current Days Payable is 28.96 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 New Plus Knitting PCL (BKK:NPK) Overvalued in 2026?

Based on GuruFocus' analysis, New Plus Knitting PCL stock appears to be undervalued. The current stock price of ฿12.80 is trading 11.6% below its estimated GF Value™ of ฿14.48. GuruFocus considers New Plus Knitting PCL to be Modestly Undervalued.

Key valuation signals for BKK:NPK:

  • Days Payable: 28.96 (31% above median its 10-year median of 22.09)
  • GF Value™: ฿14.48 vs. price of ฿12.80 (11.6% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 46.3% below the Manufacturing - Apparel & Accessories median (#772 of 1012)

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


New Plus Knitting PCL Business Description

Address 34 Moo 20 Suvintawong Road, Saladang Sub-district, Chachoengsao, Bang Nam Priao, THA, 24000
New Plus Knitting PCL is engaged in the business of producing and distributing women's stockings, socks, and women's underwear and other products related to such products. The products are sold both domestically and internationally. The majority of the company's revenue is derived from the sale of Hosiery and socks.
71GF Score

Get the complete analysis for BKK:NPK

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

฿12.80
Price
฿14.48
GF Value