Phatra Leasing PCL (BKK:PL) Days Payable: 8.17 (As of Mar. 2026) — 59% Below Median


BKK:PL Phatra Leasing PCL BKK:PL
58 GF Score
Price ฿1.27
GF Value ฿1.52
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Phatra Leasing PCL Days Payable?

Phatra Leasing PCL BKK:PL +0.79% 58 Days Payable is 8.17 as of Mar. 2026, which is 59% below its 10-year median of 20.04. GuruFocus rates BKK:PL with a GF Score™ of 58/100 and a GF Value™ of ฿1.52 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 943 Business Services companies, Phatra Leasing PCL ranks worse than 80.7% on this metric.

Phatra Leasing PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿39 Mil. Phatra Leasing PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿436 Mil. Hence, Phatra Leasing PCL's Days Payable for the three months ended in Mar. 2026 was 8.17.

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

BKK:PL' s Days Payable Range Over the Past 10 Years
Min: 9.71   Med: 20.04   Max: 30.83
Current: 15.62

During the past 13 years, Phatra Leasing PCL's highest Days Payable was 30.83. The lowest was 9.71. And the median was 20.04.

BKK:PL's Days Payable is ranked worse than
80.7% of 943 companies
in the Business Services industry
Industry Median: 46.92 vs BKK:PL: 15.62

Phatra Leasing PCL's Days Payable declined from Mar. 2025 (28.72) to Mar. 2026 (8.17). It may suggest that Phatra Leasing PCL accelerated paying its suppliers.


Phatra Leasing PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Phatra Leasing 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.

Phatra Leasing PCL Days Payable Chart

Phatra Leasing 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 19.71 28.28 29.37 30.83 16.83

Phatra Leasing 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 28.72 19.89 14.84 14.10 8.17

BKK:PL vs URI, SUNB, AER: Days Payable Comparison

For the Rental & Leasing Services subindustry, Phatra Leasing 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.


Phatra Leasing PCL Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Phatra Leasing PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Phatra Leasing PCL's Days Payable falls into.


BKK:PL
58GF Score
Phatra Leasing PCL BKK:PL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Phatra Leasing 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.

Phatra Leasing 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
=( (136.3 + 48.218) / 2 ) / 2000.641*365
=92.259 / 2000.641*365
=16.83

Phatra Leasing 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
=( (48.218 + 29.927) / 2 ) / 436.432*365 / 4
=39.0725 / 436.432*365 / 4
=8.17

* 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 8.17 mean?
Phatra Leasing PCL (BKK:PL) has a Days Payable of 8.17 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 Phatra Leasing PCL and its competitors. This is 59% below median its historical median of 20.04. Over the past decade, Phatra Leasing PCL's Days Payable has ranged from 9.71 to 30.83. According to the industry distribution chart, Phatra Leasing PCL ranks #761 out of 943 companies in the Business Services industry, placing it in the top 80.7%.
Is Phatra Leasing PCL's Days Payable too high?
Phatra Leasing PCL's current Days Payable of 8.17 is 59% below median its 10-year median of 20.04. Over the past 10 years, this metric has ranged from a low of 9.71 to a high of 30.83. The Business Services industry median Days Payable is 46.92. Phatra Leasing PCL's value of 8.17 is 82.6% below this industry median. Based on the distribution chart, Phatra Leasing PCL ranks #761 out of 943 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Phatra Leasing PCL has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Phatra Leasing PCL's Days Payable compare to URI and SUNB?
According to the Business Services industry distribution chart, Phatra Leasing PCL ranks #761 out of 943 companies for Days Payable. This places Phatra Leasing PCL in the lower half of its industry. The industry median Days Payable is 46.92. Phatra Leasing PCL's value of 8.17 is 82.6% below this benchmark. Historically, Phatra Leasing PCL's own Days Payable has ranged from 9.71 to 30.83 over the past decade. While the company's 10-year median is 20.04 vs. the industry median of 46.92, Phatra Leasing 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 Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 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. Phatra Leasing PCL's current Days Payable of 8.17 is 82.6% 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 Phatra Leasing PCL and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phatra Leasing PCL's current Days Payable is 8.17, which is 59% below median its own 10-year median of 20.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phatra Leasing PCL stock overvalued right now?
Based on GuruFocus' analysis, Phatra Leasing PCL (BKK:PL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.52, compared to a current price of ฿1.27 — trading 16.4% below its estimated fair value. The current Days Payable is 8.17, which is 59% below median its 10-year median of 20.04 and 82.6% below the Business Services industry median of 46.92. Phatra Leasing PCL's overall GF Score™ is 58/100 with 8 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 Phatra Leasing PCL (BKK:PL), the current Days Payable is 8.17 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 Phatra Leasing PCL (BKK:PL) Overvalued in 2026?

Based on GuruFocus' analysis, Phatra Leasing PCL stock appears to be undervalued. The current stock price of ฿1.27 is trading 16.4% below its estimated GF Value™ of ฿1.52. GuruFocus considers Phatra Leasing PCL to be Modestly Undervalued.

Key valuation signals for BKK:PL:

  • Days Payable: 8.17 (59% below median its 10-year median of 20.04)
  • GF Value™: ฿1.52 vs. price of ฿1.27 (16.4% below fair value)
  • GF Score™: 58/100 with 8 warning signs
  • Industry Position: 82.6% below the Business Services median (#761 of 943)

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


Phatra Leasing PCL Business Description

Address 252/6, Rachadaphisek Road, 29th Floor, Muangthai-Phatra Complex 1, Huay Khwang, Bangkok, THA, 10320
Phatra Leasing PCL is engaged in the provision of leasing services. The company operates in two segments; the Land Vehicle segment and the Others segment. The company provides PL Auto Leasing services in both operating leases and financial leases for vehicles such as cars, including executive cars, and cars used in the organization, with comprehensive services ranging from car procurement, and others; and PL Commercial Leasing provides leasing services in the form of financial leases for a variety of other commercial properties, such as medical equipment, machinery, computers, and general equipment. The Company operates only in Thailand. The Land Vehicle segment accounts for a majority of the company's revenue.
58GF Score

Get the complete analysis for BKK:PL

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

฿1.27
Price
฿1.52
GF Value