Premier Tank PCL (BKK:PTC) Days Payable: 6.10 (As of Mar. 2026) — 25% Below Median


BKK:PTC Premier Tank Corp PCL BKK:PTC
54 GF Score
Price ฿0.60
GF Value ฿0.57
Valuation Fairly Valued
! 6 Warning Signs
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What is Premier Tank PCL Days Payable?

Premier Tank PCL BKK:PTC 54 Days Payable is 6.10 as of Mar. 2026, which is 25% below its 10-year median of 8.16. GuruFocus rates BKK:PTC with a GF Score™ of 54/100 and a GF Value™ of ฿0.57 (Fairly Valued). The stock has 6 warning signs investors should review. Among 853 Oil & Gas companies, Premier Tank PCL ranks worse than 95.43% on this metric.

Premier Tank PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿0.42 Mil. Premier Tank PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿6.23 Mil. Hence, Premier Tank PCL's Days Payable for the three months ended in Mar. 2026 was 6.10.

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

BKK:PTC' s Days Payable Range Over the Past 10 Years
Min: 2.23   Med: 8.16   Max: 20.05
Current: 7.82

During the past 8 years, Premier Tank PCL's highest Days Payable was 20.05. The lowest was 2.23. And the median was 8.16.

BKK:PTC's Days Payable is ranked worse than
95.43% of 853 companies
in the Oil & Gas industry
Industry Median: 57.73 vs BKK:PTC: 7.82

Premier Tank PCL's Days Payable declined from Mar. 2025 (10.55) to Mar. 2026 (6.10). It may suggest that Premier Tank PCL accelerated paying its suppliers.


Premier Tank PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Premier Tank 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.

Premier Tank PCL Days Payable Chart

Premier Tank PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 5.94 8.35 6.60 8.76 12.34

Premier Tank 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 10.55 9.11 6.80 6.08 6.10

BKK:PTC vs VLO, MPC, PSX: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, Premier Tank 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.


Premier Tank PCL Days Payable vs Oil & Gas Industry

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

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


BKK:PTC
54GF Score
Premier Tank Corp PCL BKK:PTC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Premier Tank 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.

Premier Tank 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
=( (1.936 + 0.457) / 2 ) / 35.378*365
=1.1965 / 35.378*365
=12.34

Premier Tank 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
=( (0.457 + 0.376) / 2 ) / 6.228*365 / 4
=0.4165 / 6.228*365 / 4
=6.10

* 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 6.10 mean?
Premier Tank PCL (BKK:PTC) has a Days Payable of 6.10 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 Premier Tank PCL and its competitors. This is 25% below median its historical median of 8.16. Over the past decade, Premier Tank PCL's Days Payable has ranged from 2.23 to 20.05. According to the industry distribution chart, Premier Tank PCL ranks #814 out of 853 companies in the Oil & Gas industry, placing it in the top 95.4%.
Is Premier Tank PCL's Days Payable too high?
Premier Tank PCL's current Days Payable of 6.10 is 25% below median its 10-year median of 8.16. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 20.05. The Oil & Gas industry median Days Payable is 57.73. Premier Tank PCL's value of 6.10 is 89.4% below this industry median. Based on the distribution chart, Premier Tank PCL ranks #814 out of 853 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Premier Tank PCL has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Premier Tank PCL's Days Payable compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Premier Tank PCL ranks #814 out of 853 companies for Days Payable. This places Premier Tank PCL in the lower half of its industry. The industry median Days Payable is 57.73. Premier Tank PCL's value of 6.10 is 89.4% below this benchmark. Historically, Premier Tank PCL's own Days Payable has ranged from 2.23 to 20.05 over the past decade. While the company's 10-year median is 8.16 vs. the industry median of 57.73, Premier Tank 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.73, based on 853 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. Premier Tank PCL's current Days Payable of 6.10 is 89.4% 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 Premier Tank PCL and its competitors. For the Oil & Gas industry, the median Days Payable is 57.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premier Tank PCL's current Days Payable is 6.10, which is 25% below median its own 10-year median of 8.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premier Tank PCL stock overvalued right now?
Based on GuruFocus' analysis, Premier Tank PCL (BKK:PTC) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.57, compared to a current price of ฿0.60 — trading 5.3% above its estimated fair value. The current Days Payable is 6.10, which is 25% below median its 10-year median of 8.16 and 89.4% below the Oil & Gas industry median of 57.73. Premier Tank PCL's overall GF Score™ is 54/100 with 6 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 Premier Tank PCL (BKK:PTC), the current Days Payable is 6.10 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 Premier Tank PCL (BKK:PTC) Overvalued in 2026?

Based on GuruFocus' analysis, Premier Tank PCL stock appears to be overvalued. The current stock price of ฿0.60 is trading 5.3% above its estimated GF Value™ of ฿0.57. GuruFocus considers Premier Tank PCL to be Fairly Valued.

Key valuation signals for BKK:PTC:

  • Days Payable: 6.10 (25% below median its 10-year median of 8.16)
  • GF Value™: ฿0.57 vs. price of ฿0.60 (5.3% above fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 89.4% below the Oil & Gas median (#814 of 853)

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


Premier Tank PCL Business Description

Industry EnergyOil & Gas
Address New Petchburi Road, No. 2034/69 Ital Thai Tower, 15th Floor, Bangkapi Sub-District, Huai Khwang District, Bangkok, THA, 10310
Premier Tank Corp PCL operates a fuel depot business engaged in receiving, storing, distributing, and blending petroleum products and other hazardous substances. The company generates revenue through service fees for providing oil dispensing and blending services, and in the form of rental income for receiving and storing products at its Khon Kaen and Sisaket depots. Geographically, its operations are mainly conducted in Thailand.
54GF Score

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

฿0.60
Price
฿0.57
GF Value