Siamese Asset PCL (BKK:SA) Days Payable: 328.95 (As of Mar. 2026) — 29% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:SA Siamese Asset PCL BKK:SA
56 GF Score
Price ฿7.10
GF Value ฿5.70
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is Siamese Asset PCL Days Payable?

Siamese Asset PCL BKK:SA +0.71% 56 Days Payable is 328.95 as of Mar. 2026, which is 29% above its 10-year median of 255.59. GuruFocus rates BKK:SA with a GF Score™ of 56/100 and a GF Value™ of ฿5.70 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 1,572 Real Estate companies, Siamese Asset PCL ranks better than 79.83% on this metric.

Siamese Asset PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿1,269 Mil. Siamese Asset PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿352 Mil. Hence, Siamese Asset PCL's Days Payable for the three months ended in Mar. 2026 was 328.95.

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

BKK:SA' s Days Payable Range Over the Past 10 Years
Min: 95.11   Med: 255.59   Max: 844.53
Current: 302.31

During the past 9 years, Siamese Asset PCL's highest Days Payable was 844.53. The lowest was 95.11. And the median was 255.59.

BKK:SA's Days Payable is ranked better than
79.83% of 1572 companies
in the Real Estate industry
Industry Median: 93.66 vs BKK:SA: 302.31

Siamese Asset PCL's Days Payable increased from Mar. 2025 (141.65) to Mar. 2026 (328.95). It may suggest that Siamese Asset PCL delayed paying its suppliers.


Siamese Asset PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Siamese Asset 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.

Siamese Asset PCL Days Payable Chart

Siamese Asset PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 99.07 128.87 228.26 95.11 255.59

Siamese Asset 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 141.65 277.69 337.81 289.67 328.95

Siamese Asset PCL Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Siamese Asset 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.


Siamese Asset PCL Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Siamese Asset PCL's Days Payable distribution charts can be found below:

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


BKK:SA
56GF Score
Siamese Asset PCL BKK:SA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siamese Asset 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.

Siamese Asset 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
=( (780.263 + 1292.505) / 2 ) / 1480.032*365
=1036.384 / 1480.032*365
=255.59

Siamese Asset 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
=( (1292.505 + 1246.464) / 2 ) / 352.157*365 / 4
=1269.4845 / 352.157*365 / 4
=328.95

* 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 328.95 mean?
Siamese Asset PCL (BKK:SA) has a Days Payable of 328.95 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 Siamese Asset PCL and its competitors. This is 29% above median its historical median of 255.59. Over the past decade, Siamese Asset PCL's Days Payable has ranged from 95.11 to 844.53. According to the industry distribution chart, Siamese Asset PCL ranks #317 out of 1572 companies in the Real Estate industry, placing it in the top 20.2%.
Is Siamese Asset PCL's Days Payable too high?
Siamese Asset PCL's current Days Payable of 328.95 is 29% above median its 10-year median of 255.59. Over the past 10 years, this metric has ranged from a low of 95.11 to a high of 844.53. The Real Estate industry median Days Payable is 93.66. Siamese Asset PCL's value of 328.95 is 251.2% above this industry median. Based on the distribution chart, Siamese Asset PCL ranks #317 out of 1572 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Siamese Asset PCL has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siamese Asset PCL's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Siamese Asset PCL ranks #317 out of 1572 companies for Days Payable. This places Siamese Asset PCL in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 93.66. Siamese Asset PCL's value of 328.95 is 251.2% above this benchmark. Historically, Siamese Asset PCL's own Days Payable has ranged from 95.11 to 844.53 over the past decade. While the company's 10-year median is 255.59 vs. the industry median of 93.66, Siamese Asset 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 a Real Estate company?
The median Days Payable among Real Estate companies is 93.66, based on 1,572 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. Siamese Asset PCL's current Days Payable of 328.95 is 251.2% 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 Siamese Asset PCL and its competitors. For the Real Estate industry, the median Days Payable is 93.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siamese Asset PCL's current Days Payable is 328.95, which is 29% above median its own 10-year median of 255.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siamese Asset PCL stock overvalued right now?
Based on GuruFocus' analysis, Siamese Asset PCL (BKK:SA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿5.70, compared to a current price of ฿7.10 — trading 24.6% above its estimated fair value. The current Days Payable is 328.95, which is 29% above median its 10-year median of 255.59 and 251.2% above the Real Estate industry median of 93.66. Siamese Asset PCL's overall GF Score™ is 56/100 with 11 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 Siamese Asset PCL (BKK:SA), the current Days Payable is 328.95 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 Siamese Asset PCL (BKK:SA) Overvalued in 2026?

Based on GuruFocus' analysis, Siamese Asset PCL stock appears to be overvalued. The current stock price of ฿7.10 is trading 24.6% above its estimated GF Value™ of ฿5.70. GuruFocus considers Siamese Asset PCL to be Modestly Overvalued.

Key valuation signals for BKK:SA:

  • Days Payable: 328.95 (29% above median its 10-year median of 255.59)
  • GF Value™: ฿5.70 vs. price of ฿7.10 (24.6% above fair value)
  • GF Score™: 56/100 with 11 warning signs
  • Industry Position: 251.2% above the Real Estate median (#317 of 1572)

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


Siamese Asset PCL Business Description

Address No. 1077/48 Phahon Yothin Road, Phaya Thai Subdistrict, Phaya Thai District, Bangkok, THA, 10400
Siamese Asset PCL is involved in the real estate business. The operations of the Company are property development for sale and management of real estate development projects and providing consulting and management services to the Group. The company's operating segment includes the Real estate development segment, Service segment, Hotel segment, and Rental segment. The company generates the majority of its revenue from the Real estate development segment, which is engaged in the real estate development business, which includes single houses, townhouses, and condominiums.
56GF Score

Get the complete analysis for BKK:SA

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

฿7.10
Price
฿5.70
GF Value