Rayong Wire Industries PCLBKK:RWI 33 Days Payable is 8.42 as of Mar. 2026, which is 25% below its 10-year median of 11.30. GuruFocus rates BKK:RWI with a GF Score™ of 33/100 and a GF Value™ of ฿0.32 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 598 Steel companies, Rayong Wire Industries PCL ranks worse than 93.98% on this metric.
* 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.
For the Steel subindustry, Rayong Wire Industries 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.
Rayong Wire Industries PCL Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Rayong Wire Industries PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Rayong Wire Industries PCL's Days Payable falls into.
Rayong Wire Industries 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.
* 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.
Rayong Wire Industries PCL (BKK:RWI) has a Days Payable of 8.42 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 Rayong Wire Industries PCL and its competitors. This is 25% below median its historical median of 11.30. Over the past decade, Rayong Wire Industries PCL's Days Payable has ranged from 0.74 to 18.19. According to the industry distribution chart, Rayong Wire Industries PCL ranks #562 out of 598 companies in the Steel industry, placing it in the top 94%.
Is Rayong Wire Industries PCL's Days Payable too high?
Rayong Wire Industries PCL's current Days Payable of 8.42 is 25% below median its 10-year median of 11.30. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 18.19. The Steel industry median Days Payable is 41.39. Rayong Wire Industries PCL's value of 8.42 is 79.7% below this industry median. Based on the distribution chart, Rayong Wire Industries PCL ranks #562 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Rayong Wire Industries PCL has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Rayong Wire Industries PCL's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Rayong Wire Industries PCL ranks #562 out of 598 companies for Days Payable. This places Rayong Wire Industries PCL in the lower half of its industry. The industry median Days Payable is 41.39. Rayong Wire Industries PCL's value of 8.42 is 79.7% below this benchmark. Historically, Rayong Wire Industries PCL's own Days Payable has ranged from 0.74 to 18.19 over the past decade. While the company's 10-year median is 11.30 vs. the industry median of 41.39, Rayong Wire Industries 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 598 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. Rayong Wire Industries PCL's current Days Payable of 8.42 is 79.7% 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 Rayong Wire Industries PCL and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rayong Wire Industries PCL's current Days Payable is 8.42, which is 25% below median its own 10-year median of 11.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rayong Wire Industries PCL stock overvalued right now?
Based on GuruFocus' analysis, Rayong Wire Industries PCL (BKK:RWI) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.32, compared to a current price of ฿0.16 — trading 50% below its estimated fair value. The current Days Payable is 8.42, which is 25% below median its 10-year median of 11.30 and 79.7% below the Steel industry median of 41.39. Rayong Wire Industries PCL's overall GF Score™ is 33/100 with 3 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 Rayong Wire Industries PCL (BKK:RWI), the current Days Payable is 8.42 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 Rayong Wire Industries PCL (BKK:RWI) Overvalued in 2026?
Based on GuruFocus' analysis, Rayong Wire Industries PCL stock appears to be undervalued.
The current stock price of ฿0.16 is trading 50% below its estimated GF Value™ of ฿0.32.
GuruFocus considers Rayong Wire Industries PCL to be Possible Value Trap.
Key valuation signals for BKK:RWI:
Days Payable: 8.42 (25% below median its 10-year median of 11.30)
GF Value™: ฿0.32 vs. price of ฿0.16 (50% below fair value)
Industry Position: 79.7% below the Steel median (#562 of 598)
No single metric tells the full story. See the BKK:RWI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rayong Wire Industries PCL is a manufacturer of steel wire and mesh. The company manufactures and distributes prestressed wire, prestressed concrete strand wire and welding wire. It operates in Thailand.
33GF Score
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