Polynet PCL (BKK:POLY) Days Payable: 41.54 (As of Mar. 2026) — Near Median


BKK:POLY Polynet PCL BKK:POLY
91 GF Score
Price ฿6.70
GF Value ฿8.97
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Polynet PCL Days Payable?

Polynet PCL BKK:POLY -1.47% 91 Days Payable is 41.54 as of Mar. 2026, which is 5% above its 10-year median of 39.61. GuruFocus rates BKK:POLY with a GF Score™ of 91/100 and a GF Value™ of ฿8.97 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,987 Industrial Products companies, Polynet PCL ranks worse than 76.87% on this metric.

Polynet PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿87 Mil. Polynet PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿190 Mil. Hence, Polynet PCL's Days Payable for the three months ended in Mar. 2026 was 41.54.

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

BKK:POLY' s Days Payable Range Over the Past 10 Years
Min: 36.63   Med: 39.61   Max: 50.89
Current: 41.03

During the past 6 years, Polynet PCL's highest Days Payable was 50.89. The lowest was 36.63. And the median was 39.61.

BKK:POLY's Days Payable is ranked worse than
76.87% of 2987 companies
in the Industrial Products industry
Industry Median: 78.05 vs BKK:POLY: 41.03

Polynet PCL's Days Payable increased from Mar. 2025 (40.89) to Mar. 2026 (41.54). It may suggest that Polynet PCL delayed paying its suppliers.


Polynet PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Polynet 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.

Polynet PCL Days Payable Chart

Polynet PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 41.41 36.63 40.18 39.04 38.03

Polynet PCL Quarterly Data
Dec20 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 40.89 43.97 38.94 38.28 41.54

BKK:POLY vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Polynet 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.


Polynet PCL Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Polynet PCL's Days Payable distribution charts can be found below:

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


BKK:POLY
91GF Score
Polynet PCL BKK:POLY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polynet 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.

Polynet 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
=( (87.167 + 82.803) / 2 ) / 815.709*365
=84.985 / 815.709*365
=38.03

Polynet 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
=( (82.803 + 90.224) / 2 ) / 190.062*365 / 4
=86.5135 / 190.062*365 / 4
=41.54

* 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 41.54 mean?
Polynet PCL (BKK:POLY) has a Days Payable of 41.54 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 Polynet PCL and its competitors. This is near median its historical median of 39.61. Over the past decade, Polynet PCL's Days Payable has ranged from 36.63 to 50.89. According to the industry distribution chart, Polynet PCL ranks #2296 out of 2987 companies in the Industrial Products industry, placing it in the top 76.9%.
Is Polynet PCL's Days Payable too high?
Polynet PCL's current Days Payable of 41.54 is near median its 10-year median of 39.61. Over the past 10 years, this metric has ranged from a low of 36.63 to a high of 50.89. The Industrial Products industry median Days Payable is 78.05. Polynet PCL's value of 41.54 is 46.8% below this industry median. Based on the distribution chart, Polynet PCL ranks #2296 out of 2987 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Polynet PCL has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Polynet PCL's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Polynet PCL ranks #2296 out of 2987 companies for Days Payable. This places Polynet PCL in the lower half of its industry. The industry median Days Payable is 78.05. Polynet PCL's value of 41.54 is 46.8% below this benchmark. Historically, Polynet PCL's own Days Payable has ranged from 36.63 to 50.89 over the past decade. While the company's 10-year median is 39.61 vs. the industry median of 78.05, Polynet 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,987 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. Polynet PCL's current Days Payable of 41.54 is 46.8% 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 Polynet PCL and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polynet PCL's current Days Payable is 41.54, which is near median its own 10-year median of 39.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polynet PCL stock overvalued right now?
Based on GuruFocus' analysis, Polynet PCL (BKK:POLY) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿8.97, compared to a current price of ฿6.70 — trading 25.3% below its estimated fair value. The current Days Payable is 41.54, which is near median its 10-year median of 39.61 and 46.8% below the Industrial Products industry median of 78.05. Polynet PCL's overall GF Score™ is 91/100 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 Polynet PCL (BKK:POLY), the current Days Payable is 41.54 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 Polynet PCL (BKK:POLY) Overvalued in 2026?

Based on GuruFocus' analysis, Polynet PCL stock appears to be undervalued. The current stock price of ฿6.70 is trading 25.3% below its estimated GF Value™ of ฿8.97. GuruFocus considers Polynet PCL to be Modestly Undervalued.

Key valuation signals for BKK:POLY:

  • Days Payable: 41.54 (near median its 10-year median of 39.61)
  • GF Value™: ฿8.97 vs. price of ฿6.70 (25.3% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 46.8% below the Industrial Products median (#2296 of 2987)

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


Polynet PCL Business Description

Address 888 Moo 11, Bangsaothong District, Bangsaothong Subdistrict, Samutprakarn, THA, 10570
Polynet PCL is engaged in the forming, manufacturing and distributing of products related to rubber, plastic, silicone, and molds for the automotive industry, medical tools and equipment, and consumer products. The company generates majority of its revenue from automotive industry.
91GF Score

Get the complete analysis for BKK:POLY

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

฿6.70
Price
฿8.97
GF Value