Starflex PCL (BKK:SFLEX) Days Payable: 63.99 (As of Mar. 2026) — Near Median


BKK:SFLEX Starflex PCL BKK:SFLEX
83 GF Score
Price ฿2.92
GF Value ฿3.63
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Starflex PCL Days Payable?

Starflex PCL BKK:SFLEX -0.68% 83 Days Payable is 63.99 as of Mar. 2026, which is 7% above its 10-year median of 59.63. GuruFocus rates BKK:SFLEX with a GF Score™ of 83/100 and a GF Value™ of ฿3.63 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 378 Packaging & Containers companies, Starflex PCL ranks better than 51.85% on this metric.

Starflex PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿255 Mil. Starflex PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿364 Mil. Hence, Starflex PCL's Days Payable for the three months ended in Mar. 2026 was 63.99.

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

BKK:SFLEX' s Days Payable Range Over the Past 10 Years
Min: 56.27   Med: 59.63   Max: 81.04
Current: 59.84

During the past 10 years, Starflex PCL's highest Days Payable was 81.04. The lowest was 56.27. And the median was 59.63.

BKK:SFLEX's Days Payable is ranked better than
51.85% of 378 companies
in the Packaging & Containers industry
Industry Median: 57.265 vs BKK:SFLEX: 59.84

Starflex PCL's Days Payable increased from Mar. 2025 (58.84) to Mar. 2026 (63.99). It may suggest that Starflex PCL delayed paying its suppliers.


Starflex PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Starflex 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.

Starflex PCL Days Payable Chart

Starflex 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 57.43 56.27 59.63 59.36 57.60

Starflex 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 58.84 60.58 53.41 57.67 63.99

BKK:SFLEX vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, Starflex 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.


Starflex PCL Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Starflex PCL's Days Payable distribution charts can be found below:

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


BKK:SFLEX
83GF Score
Starflex PCL BKK:SFLEX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Starflex 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.

Starflex 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
=( (225.937 + 244.124) / 2 ) / 1489.327*365
=235.0305 / 1489.327*365
=57.60

Starflex 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
=( (244.124 + 266.549) / 2 ) / 364.137*365 / 4
=255.3365 / 364.137*365 / 4
=63.99

* 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 63.99 mean?
Starflex PCL (BKK:SFLEX) has a Days Payable of 63.99 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 Starflex PCL and its competitors. This is near median its historical median of 59.63. Over the past decade, Starflex PCL's Days Payable has ranged from 56.27 to 81.04. According to the industry distribution chart, Starflex PCL ranks #182 out of 378 companies in the Packaging & Containers industry, placing it in the top 48.1%.
Is Starflex PCL's Days Payable too high?
Starflex PCL's current Days Payable of 63.99 is near median its 10-year median of 59.63. Over the past 10 years, this metric has ranged from a low of 56.27 to a high of 81.04. The Packaging & Containers industry median Days Payable is 57.27. Starflex PCL's value of 63.99 is 11.7% above this industry median. Based on the distribution chart, Starflex PCL ranks #182 out of 378 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Starflex PCL has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Starflex PCL's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Starflex PCL ranks #182 out of 378 companies for Days Payable. This puts Starflex PCL in the upper half of its industry. The industry median Days Payable is 57.27. Starflex PCL's value of 63.99 is 11.7% above this benchmark. Historically, Starflex PCL's own Days Payable has ranged from 56.27 to 81.04 over the past decade. While the company's 10-year median is 59.63 vs. the industry median of 57.27, Starflex 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.27, based on 378 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. Starflex PCL's current Days Payable of 63.99 is 11.7% 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 Starflex PCL and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starflex PCL's current Days Payable is 63.99, which is near median its own 10-year median of 59.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starflex PCL stock overvalued right now?
Based on GuruFocus' analysis, Starflex PCL (BKK:SFLEX) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿3.63, compared to a current price of ฿2.92 — trading 19.6% below its estimated fair value. The current Days Payable is 63.99, which is near median its 10-year median of 59.63 and 11.7% above the Packaging & Containers industry median of 57.27. Starflex PCL's overall GF Score™ is 83/100 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 Starflex PCL (BKK:SFLEX), the current Days Payable is 63.99 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 Starflex PCL (BKK:SFLEX) Overvalued in 2026?

Based on GuruFocus' analysis, Starflex PCL stock appears to be undervalued. The current stock price of ฿2.92 is trading 19.6% below its estimated GF Value™ of ฿3.63. GuruFocus considers Starflex PCL to be Modestly Undervalued.

Key valuation signals for BKK:SFLEX:

  • Days Payable: 63.99 (near median its 10-year median of 59.63)
  • GF Value™: ฿3.63 vs. price of ฿2.92 (19.6% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 11.7% above the Packaging & Containers median (#182 of 378)

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


Starflex PCL Business Description

Address 189 / 48-49 Moo.3, Theparak Road, T. Bangpreang, A. Bangbo, Samutprakan, Bangkok, THA, 10560
Starflex PCL is engaged in the manufacture and distribution of flexible packaging. The company provides packaging for home and personal products, medical products, and food industries. There are three operating business segments: Packaging products for food, Packaging products for non-food, and Other segment. The Non-food packaging segment generates a vast majority of the revenues. The company operates in Thailand only.
83GF Score

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

฿2.92
Price
฿3.63
GF Value