SAF Special Steel PCLBKK:SAF -2.56%41 Days Payable is 40.34 as of Mar. 2026, which is 74% above its 10-year median of 23.15. GuruFocus rates BKK:SAF with a GF Score™ of 41/100 and a GF Value™ of ฿0.49 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 598 Steel companies, SAF Special Steel PCL ranks worse than 59.03% on this metric.
SAF Special Steel PCL Days Payable Historical Data
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The historical data trend for SAF Special Steel 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.
For the Steel subindustry, SAF Special Steel 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.
SAF Special Steel PCL Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, SAF Special Steel PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where SAF Special Steel PCL's Days Payable falls into.
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.
SAF Special Steel PCL's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
SAF Special Steel PCL (BKK:SAF) has a Days Payable of 40.34 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 SAF Special Steel PCL and its competitors. This is 74% above median its historical median of 23.15. Over the past decade, SAF Special Steel PCL's Days Payable has ranged from 22.02 to 41.28. According to the industry distribution chart, SAF Special Steel PCL ranks #353 out of 598 companies in the Steel industry, placing it in the top 59%.
Is SAF Special Steel PCL's Days Payable too high?
SAF Special Steel PCL's current Days Payable of 40.34 is 74% above median its 10-year median of 23.15. Over the past 10 years, this metric has ranged from a low of 22.02 to a high of 41.28. The Steel industry median Days Payable is 41.39. SAF Special Steel PCL's value of 40.34 is 2.5% below this industry median. Based on the distribution chart, SAF Special Steel PCL ranks #353 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, SAF Special Steel PCL has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SAF Special Steel PCL's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, SAF Special Steel PCL ranks #353 out of 598 companies for Days Payable. This places SAF Special Steel PCL in the lower half of its industry. The industry median Days Payable is 41.39. SAF Special Steel PCL's value of 40.34 is 2.5% below this benchmark. Historically, SAF Special Steel PCL's own Days Payable has ranged from 22.02 to 41.28 over the past decade. While the company's 10-year median is 23.15 vs. the industry median of 41.39, SAF Special Steel 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. SAF Special Steel PCL's current Days Payable of 40.34 is 2.5% 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 SAF Special Steel 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. SAF Special Steel PCL's current Days Payable is 40.34, which is 74% above median its own 10-year median of 23.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SAF Special Steel PCL stock overvalued right now?
Based on GuruFocus' analysis, SAF Special Steel PCL (BKK:SAF) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.49, compared to a current price of ฿0.38 — trading 22.4% below its estimated fair value. The current Days Payable is 40.34, which is 74% above median its 10-year median of 23.15 and 2.5% below the Steel industry median of 41.39. SAF Special Steel PCL's overall GF Score™ is 41/100 with 5 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 SAF Special Steel PCL (BKK:SAF), the current Days Payable is 40.34 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 SAF Special Steel PCL (BKK:SAF) Overvalued in 2026?
Based on GuruFocus' analysis, SAF Special Steel PCL stock appears to be undervalued.
The current stock price of ฿0.38 is trading 22.4% below its estimated GF Value™ of ฿0.49.
GuruFocus considers SAF Special Steel PCL to be Modestly Undervalued.
Key valuation signals for BKK:SAF:
Days Payable: 40.34 (74% above median its 10-year median of 23.15)
GF Value™: ฿0.49 vs. price of ฿0.38 (22.4% below fair value)
Industry Position: 2.5% below the Steel median (#353 of 598)
No single metric tells the full story. See the BKK:SAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SAF Special Steel PCL is principally engaged in activities of import and distribution, including steel products for industrial and distribution tooling, equipment parts, and band saw machines, and the manufacture of molds & dies and vacuum hardening services. The Company operates in a single line of business, namely the steel distribution and the products related steel and vacuum hardening service. The firm operates in a single geographic area in Thailand.
41GF Score
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