Salee Industry PCL (BKK:SALEE) Days Payable: 27.66 (As of Mar. 2026) — 10% 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:SALEE Salee Industry PCL BKK:SALEE
54 GF Score
Price ฿0.60
GF Value ฿0.49
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Salee Industry PCL Days Payable?

Salee Industry PCL BKK:SALEE +5.26% 54 Days Payable is 27.66 as of Mar. 2026, which is 10% above its 10-year median of 25.20. GuruFocus rates BKK:SALEE with a GF Score™ of 54/100 and a GF Value™ of ฿0.49 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,553 Chemicals companies, Salee Industry PCL ranks worse than 82.29% on this metric.

Salee Industry PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿83 Mil. Salee Industry PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿273 Mil. Hence, Salee Industry PCL's Days Payable for the three months ended in Mar. 2026 was 27.66.

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

BKK:SALEE' s Days Payable Range Over the Past 10 Years
Min: 14.45   Med: 25.2   Max: 50.56
Current: 27.94

During the past 13 years, Salee Industry PCL's highest Days Payable was 50.56. The lowest was 14.45. And the median was 25.20.

BKK:SALEE's Days Payable is ranked worse than
82.29% of 1553 companies
in the Chemicals industry
Industry Median: 59.87 vs BKK:SALEE: 27.94

Salee Industry PCL's Days Payable increased from Mar. 2025 (25.65) to Mar. 2026 (27.66). It may suggest that Salee Industry PCL delayed paying its suppliers.


Salee Industry PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Salee Industry 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.

Salee Industry PCL Days Payable Chart

Salee Industry 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 26.03 29.90 31.82 24.37 22.95

Salee Industry 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 25.65 29.96 28.65 25.03 27.66

BKK:SALEE vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Salee Industry 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.


Salee Industry PCL Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Salee Industry PCL's Days Payable distribution charts can be found below:

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


BKK:SALEE
54GF Score
Salee Industry PCL BKK:SALEE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Salee Industry 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.

Salee Industry 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
=( (59.574 + 77.847) / 2 ) / 1092.62*365
=68.7105 / 1092.62*365
=22.95

Salee Industry 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
=( (77.847 + 87.897) / 2 ) / 273.346*365 / 4
=82.872 / 273.346*365 / 4
=27.66

* 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 27.66 mean?
Salee Industry PCL (BKK:SALEE) has a Days Payable of 27.66 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 Salee Industry PCL and its competitors. This is 10% above median its historical median of 25.20. Over the past decade, Salee Industry PCL's Days Payable has ranged from 14.45 to 50.56. According to the industry distribution chart, Salee Industry PCL ranks #1278 out of 1553 companies in the Chemicals industry, placing it in the top 82.3%.
Is Salee Industry PCL's Days Payable too high?
Salee Industry PCL's current Days Payable of 27.66 is 10% above median its 10-year median of 25.20. Over the past 10 years, this metric has ranged from a low of 14.45 to a high of 50.56. The Chemicals industry median Days Payable is 59.87. Salee Industry PCL's value of 27.66 is 53.8% below this industry median. Based on the distribution chart, Salee Industry PCL ranks #1278 out of 1553 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Salee Industry PCL has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Salee Industry PCL's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Salee Industry PCL ranks #1278 out of 1553 companies for Days Payable. This places Salee Industry PCL in the lower half of its industry. The industry median Days Payable is 59.87. Salee Industry PCL's value of 27.66 is 53.8% below this benchmark. Historically, Salee Industry PCL's own Days Payable has ranged from 14.45 to 50.56 over the past decade. While the company's 10-year median is 25.20 vs. the industry median of 59.87, Salee Industry 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.87, based on 1,553 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. Salee Industry PCL's current Days Payable of 27.66 is 53.8% 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 Salee Industry PCL and its competitors. For the Chemicals industry, the median Days Payable is 59.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salee Industry PCL's current Days Payable is 27.66, which is 10% above median its own 10-year median of 25.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salee Industry PCL stock overvalued right now?
Based on GuruFocus' analysis, Salee Industry PCL (BKK:SALEE) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.49, compared to a current price of ฿0.60 — trading 22.4% above its estimated fair value. The current Days Payable is 27.66, which is 10% above median its 10-year median of 25.20 and 53.8% below the Chemicals industry median of 59.87. Salee Industry 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 Salee Industry PCL (BKK:SALEE), the current Days Payable is 27.66 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 Salee Industry PCL (BKK:SALEE) Overvalued in 2026?

Based on GuruFocus' analysis, Salee Industry PCL stock appears to be overvalued. The current stock price of ฿0.60 is trading 22.4% above its estimated GF Value™ of ฿0.49. GuruFocus considers Salee Industry PCL to be Modestly Overvalued.

Key valuation signals for BKK:SALEE:

  • Days Payable: 27.66 (10% above median its 10-year median of 25.20)
  • GF Value™: ฿0.49 vs. price of ฿0.60 (22.4% above fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 53.8% below the Chemicals median (#1278 of 1553)

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


Salee Industry PCL Business Description

Address No. 18 Moo 10, Tumbol Klong Si, Amphur Klong Luang, Pathumthani, THA, 12120
Salee Industry PCL, along with its subsidiaries, is engaged in the manufacturing and distribution of plastic containers, parts, tools, equipment, and household plastic supplies by using vacuum forming and injection molding methods. Additionally, it offers label printing services. The Group's reportable operating segments are: Label printing service, which generates maximum revenue, Manufacture and distribution of plastic parts, Manufacture and distribution of household plastic supplies, and Manufacture and distribution of religious supplies.
54GF Score

Get the complete analysis for BKK:SALEE

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

฿0.60
Price
฿0.49
GF Value