Prima Marine PCL (BKK:PRM) Days Payable: 82.19 (As of Mar. 2026) — 31% Above Median


BKK:PRM Prima Marine PCL BKK:PRM
95 GF Score
Price ฿9.05
GF Value ฿7.85
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Prima Marine PCL Days Payable?

Prima Marine PCL BKK:PRM +0.56% 95 Days Payable is 82.19 as of Mar. 2026, which is 31% above its 10-year median of 62.96. GuruFocus rates BKK:PRM with a GF Score™ of 95/100 and a GF Value™ of ฿7.85 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 851 Oil & Gas companies, Prima Marine PCL ranks better than 64.04% on this metric.

Prima Marine PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿1,272 Mil. Prima Marine PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿1,412 Mil. Hence, Prima Marine PCL's Days Payable for the three months ended in Mar. 2026 was 82.19.

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

BKK:PRM' s Days Payable Range Over the Past 10 Years
Min: 24.9   Med: 62.96   Max: 90.08
Current: 90.08

During the past 12 years, Prima Marine PCL's highest Days Payable was 90.08. The lowest was 24.90. And the median was 62.96.

BKK:PRM's Days Payable is ranked better than
64.04% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs BKK:PRM: 90.08

Prima Marine PCL's Days Payable declined from Mar. 2025 (114.69) to Mar. 2026 (82.19). It may suggest that Prima Marine PCL accelerated paying its suppliers.


Prima Marine PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Prima Marine 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.

Prima Marine PCL Days Payable Chart

Prima Marine 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 69.62 63.90 69.98 84.24 89.26

Prima Marine 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 114.69 103.14 89.68 81.90 82.19

BKK:PRM vs WMB, EPD, KMI: Days Payable Comparison

For the Oil & Gas Midstream subindustry, Prima Marine 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.


Prima Marine PCL Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Prima Marine PCL's Days Payable distribution charts can be found below:

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


BKK:PRM
95GF Score
Prima Marine PCL BKK:PRM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Prima Marine 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.

Prima Marine 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
=( (1480.317 + 1237.353) / 2 ) / 5556.255*365
=1358.835 / 5556.255*365
=89.26

Prima Marine 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
=( (1237.353 + 1307.083) / 2 ) / 1412.468*365 / 4
=1272.218 / 1412.468*365 / 4
=82.19

* 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 82.19 mean?
Prima Marine PCL (BKK:PRM) has a Days Payable of 82.19 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 Prima Marine PCL and its competitors. This is 31% above median its historical median of 62.96. Over the past decade, Prima Marine PCL's Days Payable has ranged from 24.90 to 90.08. According to the industry distribution chart, Prima Marine PCL ranks #306 out of 851 companies in the Oil & Gas industry, placing it in the top 36%.
Is Prima Marine PCL's Days Payable too high?
Prima Marine PCL's current Days Payable of 82.19 is 31% above median its 10-year median of 62.96. Over the past 10 years, this metric has ranged from a low of 24.90 to a high of 90.08. The Oil & Gas industry median Days Payable is 57.95. Prima Marine PCL's value of 82.19 is 41.8% above this industry median. Based on the distribution chart, Prima Marine PCL ranks #306 out of 851 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Prima Marine PCL has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Prima Marine PCL's Days Payable compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Prima Marine PCL ranks #306 out of 851 companies for Days Payable. This puts Prima Marine PCL in the upper half of its industry. The industry median Days Payable is 57.95. Prima Marine PCL's value of 82.19 is 41.8% above this benchmark. Historically, Prima Marine PCL's own Days Payable has ranged from 24.90 to 90.08 over the past decade. While the company's 10-year median is 62.96 vs. the industry median of 57.95, Prima Marine PCL has consistently been above 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 851 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. Prima Marine PCL's current Days Payable of 82.19 is 41.8% above 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 Prima Marine PCL and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prima Marine PCL's current Days Payable is 82.19, which is 31% above median its own 10-year median of 62.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prima Marine PCL stock overvalued right now?
Based on GuruFocus' analysis, Prima Marine PCL (BKK:PRM) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿7.85, compared to a current price of ฿9.05 — trading 15.3% above its estimated fair value. The current Days Payable is 82.19, which is 31% above median its 10-year median of 62.96 and 41.8% above the Oil & Gas industry median of 57.95. Prima Marine PCL's overall GF Score™ is 95/100 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 Prima Marine PCL (BKK:PRM), the current Days Payable is 82.19 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 Prima Marine PCL (BKK:PRM) Overvalued in 2026?

Based on GuruFocus' analysis, Prima Marine PCL stock appears to be overvalued. The current stock price of ฿9.05 is trading 15.3% above its estimated GF Value™ of ฿7.85. GuruFocus considers Prima Marine PCL to be Modestly Overvalued.

Key valuation signals for BKK:PRM:

  • Days Payable: 82.19 (31% above median its 10-year median of 62.96)
  • GF Value™: ฿7.85 vs. price of ฿9.05 (15.3% above fair value)
  • GF Score™: 95/100 with 8 warning signs
  • Industry Position: 41.8% above the Oil & Gas median (#306 of 851)

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


Prima Marine PCL Business Description

Industry EnergyOil & Gas
Other Exchanges PRM-F:Thailand
Address 80 Soi Bangna-Trad 30, Debaratna Road, South Bangna Sub-district, Bangna District, Bangkok, THA, 10260
Prima Marine PCL is engaged in the marine transportation of petroleum and chemical products and in providing services that support offshore petroleum exploration and production, along with ship management. The company operates through four segments: marine transportation of petroleum and chemical products; storage of petroleum products; services supporting offshore exploration and production, including transportation of personnel and equipment and accommodation work barges; and ship management and related services such as ship agency, crew recruitment and transportation, operational support, business administration, procurement, marketing, financial consulting, and technical support. The company generates the majority of its revenue from Thailand.
95GF Score

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

฿9.05
Price
฿7.85
GF Value