Pacific Pipe PCLBKK:PAP -1.65%52 Days Payable is 11.18 as of Mar. 2026, which is 382% above its 10-year median of 2.32. GuruFocus rates BKK:PAP with a GF Score™ of 52/100 and a GF Value™ of ฿1.91 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 598 Steel companies, Pacific Pipe PCL ranks worse than 92.64% on this metric.
The historical rank and industry rank for Pacific Pipe PCL's Days Payable or its related term are showing as below:
BKK:PAP'
s Days Payable Range Over the Past 10 Years
Min: 1.05 Med: 2.32 Max: 8.51
Current: 8.12
During the past 13 years, Pacific Pipe PCL's highest Days Payable was 8.51. The lowest was 1.05. And the median was 2.32.
BKK:PAP's Days Payable is ranked worse than 92.64% of 598
companies
in the Steel industry
Industry Median: 41.385
vs BKK:PAP: 8.12
Pacific Pipe PCL's Days Payable
increased
from Mar. 2025 (8.32) to Mar. 2026 (11.18).
It may suggest that Pacific Pipe PCLdelayed paying its suppliers.
Pacific Pipe PCL Days Payable Related Terms
Pacific Pipe PCL Days Payable Historical Data
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The historical data trend for Pacific Pipe 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.
For the Steel subindustry, Pacific Pipe 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.
Pacific Pipe PCL Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Pacific Pipe PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Pacific Pipe 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.
Pacific Pipe 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.
Pacific Pipe PCL (BKK:PAP) has a Days Payable of 11.18 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 Pacific Pipe PCL and its competitors. This is 382% above median its historical median of 2.32. Over the past decade, Pacific Pipe PCL's Days Payable has ranged from 1.05 to 8.51. According to the industry distribution chart, Pacific Pipe PCL ranks #554 out of 598 companies in the Steel industry, placing it in the top 92.6%.
Is Pacific Pipe PCL's Days Payable too high?
Pacific Pipe PCL's current Days Payable of 11.18 is 382% above median its 10-year median of 2.32. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 8.51. The Steel industry median Days Payable is 41.39. Pacific Pipe PCL's value of 11.18 is 73% below this industry median. Based on the distribution chart, Pacific Pipe PCL ranks #554 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Pacific Pipe PCL has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pacific Pipe PCL's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Pacific Pipe PCL ranks #554 out of 598 companies for Days Payable. This places Pacific Pipe PCL in the lower half of its industry. The industry median Days Payable is 41.39. Pacific Pipe PCL's value of 11.18 is 73% below this benchmark. Historically, Pacific Pipe PCL's own Days Payable has ranged from 1.05 to 8.51 over the past decade. While the company's 10-year median is 2.32 vs. the industry median of 41.39, Pacific Pipe 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 598 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. Pacific Pipe PCL's current Days Payable of 11.18 is 73% 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 Pacific Pipe PCL and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pacific Pipe PCL's current Days Payable is 11.18, which is 382% above median its own 10-year median of 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacific Pipe PCL stock overvalued right now?
Based on GuruFocus' analysis, Pacific Pipe PCL (BKK:PAP) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿1.91, compared to a current price of ฿2.38 — trading 24.6% above its estimated fair value. The current Days Payable is 11.18, which is 382% above median its 10-year median of 2.32 and 73% below the Steel industry median of 41.39. Pacific Pipe PCL's overall GF Score™ is 52/100 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 Pacific Pipe PCL (BKK:PAP), the current Days Payable is 11.18 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 Pacific Pipe PCL (BKK:PAP) Overvalued in 2026?
Based on GuruFocus' analysis, Pacific Pipe PCL stock appears to be overvalued.
The current stock price of ฿2.38 is trading 24.6% above its estimated GF Value™ of ฿1.91.
GuruFocus considers Pacific Pipe PCL to be Modestly Overvalued.
Key valuation signals for BKK:PAP:
Days Payable: 11.18 (382% above median its 10-year median of 2.32)
GF Value™: ฿1.91 vs. price of ฿2.38 (24.6% above fair value)
Industry Position: 73% below the Steel median (#554 of 598)
No single metric tells the full story. See the BKK:PAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pacific Pipe PCL is engaged in manufacturing and distributing steel pipes for construction work. The one reportable operating segment of the company is the manufacture and distribution of steel pipes, structural steel and contract of steel productions for construction work and the single geographical area of its operations is Thailand.
52GF Score
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