Permsin Steel Works PCLBKK:PERM +4.17%26 Days Payable is 18.29 as of Mar. 2026, which is 10% below its 10-year median of 20.41. GuruFocus rates BKK:PERM with a GF Score™ of 26/100 and a GF Value™ of ฿0.64 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 598 Steel companies, Permsin Steel Works PCL ranks worse than 65.22% on this metric.
* 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:PERM vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Permsin Steel Works 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.
Permsin Steel Works PCL Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Permsin Steel Works PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Permsin Steel Works 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.
Permsin Steel Works 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.
Permsin Steel Works PCL (BKK:PERM) has a Days Payable of 18.29 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 Permsin Steel Works PCL and its competitors. This is 10% below median its historical median of 20.41. Over the past decade, Permsin Steel Works PCL's Days Payable has ranged from 15.04 to 38.10. According to the industry distribution chart, Permsin Steel Works PCL ranks #390 out of 598 companies in the Steel industry, placing it in the top 65.2%.
Is Permsin Steel Works PCL's Days Payable too high?
Permsin Steel Works PCL's current Days Payable of 18.29 is 10% below median its 10-year median of 20.41. Over the past 10 years, this metric has ranged from a low of 15.04 to a high of 38.10. The Steel industry median Days Payable is 41.39. Permsin Steel Works PCL's value of 18.29 is 55.8% below this industry median. Based on the distribution chart, Permsin Steel Works PCL ranks #390 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Permsin Steel Works PCL has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Permsin Steel Works PCL's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Permsin Steel Works PCL ranks #390 out of 598 companies for Days Payable. This places Permsin Steel Works PCL in the lower half of its industry. The industry median Days Payable is 41.39. Permsin Steel Works PCL's value of 18.29 is 55.8% below this benchmark. Historically, Permsin Steel Works PCL's own Days Payable has ranged from 15.04 to 38.10 over the past decade. While the company's 10-year median is 20.41 vs. the industry median of 41.39, Permsin Steel Works 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. Permsin Steel Works PCL's current Days Payable of 18.29 is 55.8% 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 Permsin Steel Works 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. Permsin Steel Works PCL's current Days Payable is 18.29, which is 10% below median its own 10-year median of 20.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Permsin Steel Works PCL stock overvalued right now?
Based on GuruFocus' analysis, Permsin Steel Works PCL (BKK:PERM) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.64, compared to a current price of ฿0.25 — trading 60.9% below its estimated fair value. The current Days Payable is 18.29, which is 10% below median its 10-year median of 20.41 and 55.8% below the Steel industry median of 41.39. Permsin Steel Works PCL's overall GF Score™ is 26/100 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 Permsin Steel Works PCL (BKK:PERM), the current Days Payable is 18.29 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 Permsin Steel Works PCL (BKK:PERM) Overvalued in 2026?
Based on GuruFocus' analysis, Permsin Steel Works PCL stock appears to be undervalued.
The current stock price of ฿0.25 is trading 60.9% below its estimated GF Value™ of ฿0.64.
GuruFocus considers Permsin Steel Works PCL to be Possible Value Trap.
Key valuation signals for BKK:PERM:
Days Payable: 18.29 (10% below median its 10-year median of 20.41)
GF Value™: ฿0.64 vs. price of ฿0.25 (60.9% below fair value)
Industry Position: 55.8% below the Steel median (#390 of 598)
No single metric tells the full story. See the BKK:PERM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Permsin Steel Works PCL is principally engaged in the manufacture and distribution of hot rolled steel and cold rolled steel, C-channel, galvanized high tensile strength, electro-galvanized steel, C-line, C-U, t-bar, and roll forming metal sheet. The Group has three reportable segments: the Distribution of rolled steel segment, the Manufacturing and distribution of metal sheet segment, and the Manufacturing and distribution of pre-painted steel coil segment. The majority of revenue is from the Manufacturing and distribution of metal sheet segment.
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