Qualitech PCL (BKK:QLT) Days Payable: 15.28 (As of Mar. 2026) — Near Median


BKK:QLT Qualitech PCL BKK:QLT
59 GF Score
Price ฿1.49
GF Value ฿2.30
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Qualitech PCL Days Payable?

Qualitech PCL BKK:QLT -0.67% 59 Days Payable is 15.28 as of Mar. 2026, which is 2% below its 10-year median of 15.55. GuruFocus rates BKK:QLT with a GF Score™ of 59/100 and a GF Value™ of ฿2.30 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 943 Business Services companies, Qualitech PCL ranks worse than 81.02% on this metric.

Qualitech PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿11.5 Mil. Qualitech PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿68.8 Mil. Hence, Qualitech PCL's Days Payable for the three months ended in Mar. 2026 was 15.28.

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

BKK:QLT' s Days Payable Range Over the Past 10 Years
Min: 10.67   Med: 15.55   Max: 23.38
Current: 15.5

During the past 13 years, Qualitech PCL's highest Days Payable was 23.38. The lowest was 10.67. And the median was 15.55.

BKK:QLT's Days Payable is ranked worse than
81.02% of 943 companies
in the Business Services industry
Industry Median: 46.92 vs BKK:QLT: 15.50

Qualitech PCL's Days Payable declined from Mar. 2025 (15.60) to Mar. 2026 (15.28). It may suggest that Qualitech PCL accelerated paying its suppliers.


Qualitech PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Qualitech 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.

Qualitech PCL Days Payable Chart

Qualitech 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 15.16 17.96 23.38 21.37 16.66

Qualitech 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 15.60 15.73 16.08 16.84 15.28

BKK:QLT vs CTAS, CPRT, ULS: Days Payable Comparison

For the Specialty Business Services subindustry, Qualitech 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.


Qualitech PCL Days Payable vs Business Services Industry

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

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


BKK:QLT
59GF Score
Qualitech PCL BKK:QLT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Qualitech 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.

Qualitech 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
=( (10.899 + 13.319) / 2 ) / 265.335*365
=12.109 / 265.335*365
=16.66

Qualitech 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
=( (13.319 + 9.734) / 2 ) / 68.843*365 / 4
=11.5265 / 68.843*365 / 4
=15.28

* 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 15.28 mean?
Qualitech PCL (BKK:QLT) has a Days Payable of 15.28 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 Qualitech PCL and its competitors. This is near median its historical median of 15.55. Over the past decade, Qualitech PCL's Days Payable has ranged from 10.67 to 23.38. According to the industry distribution chart, Qualitech PCL ranks #764 out of 943 companies in the Business Services industry, placing it in the top 81%.
Is Qualitech PCL's Days Payable too high?
Qualitech PCL's current Days Payable of 15.28 is near median its 10-year median of 15.55. Over the past 10 years, this metric has ranged from a low of 10.67 to a high of 23.38. The Business Services industry median Days Payable is 46.92. Qualitech PCL's value of 15.28 is 67.4% below this industry median. Based on the distribution chart, Qualitech PCL ranks #764 out of 943 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Qualitech PCL has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qualitech PCL's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Qualitech PCL ranks #764 out of 943 companies for Days Payable. This places Qualitech PCL in the lower half of its industry. The industry median Days Payable is 46.92. Qualitech PCL's value of 15.28 is 67.4% below this benchmark. Historically, Qualitech PCL's own Days Payable has ranged from 10.67 to 23.38 over the past decade. While the company's 10-year median is 15.55 vs. the industry median of 46.92, Qualitech 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. Qualitech PCL's current Days Payable of 15.28 is 67.4% 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 Qualitech 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. Qualitech PCL's current Days Payable is 15.28, which is near median its own 10-year median of 15.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualitech PCL stock overvalued right now?
Based on GuruFocus' analysis, Qualitech PCL (BKK:QLT) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿2.30, compared to a current price of ฿1.49 — trading 35.2% below its estimated fair value. The current Days Payable is 15.28, which is near median its 10-year median of 15.55 and 67.4% below the Business Services industry median of 46.92. Qualitech PCL's overall GF Score™ is 59/100 with 4 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 Qualitech PCL (BKK:QLT), the current Days Payable is 15.28 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 Qualitech PCL (BKK:QLT) Overvalued in 2026?

Based on GuruFocus' analysis, Qualitech PCL stock appears to be undervalued. The current stock price of ฿1.49 is trading 35.2% below its estimated GF Value™ of ฿2.30. GuruFocus considers Qualitech PCL to be Significantly Undervalued.

Key valuation signals for BKK:QLT:

  • Days Payable: 15.28 (near median its 10-year median of 15.55)
  • GF Value™: ฿2.30 vs. price of ฿1.49 (35.2% below fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 67.4% below the Business Services median (#764 of 943)

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


Qualitech PCL Business Description

Address 21/3 Banplong Road, Maptaput Sub-District, Muang District, Rayong, THA, 21150
Qualitech PCL is engaged in the business of providing technical services, testing, inspection, and certification for the operation safety of industry equipment, pressure vessels, industrial boilers, piping and steel structures, which is important for the production process, storage, transport of the products in power generating, petrochemical industry, and construction to comply with industrial standard and the government laws. The Group's operations in both domestic and overseas geographical segments. The majority of revenue is from Domestic segment.
59GF Score

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

฿1.49
Price
฿2.30
GF Value