Siam Pan Group PCLBKK:SPG 71 Days Payable is 31.31 as of Mar. 2026, which is 41% above its 10-year median of 22.17. GuruFocus rates BKK:SPG with a GF Score™ of 71/100 and a GF Value™ of ฿13.85 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,551 Chemicals companies, Siam Pan Group PCL ranks worse than 79.95% on this metric.
The historical rank and industry rank for Siam Pan Group PCL's Days Payable or its related term are showing as below:
BKK:SPG'
s Days Payable Range Over the Past 10 Years
Min: 15.7 Med: 22.17 Max: 29.68
Current: 29.68
During the past 13 years, Siam Pan Group PCL's highest Days Payable was 29.68. The lowest was 15.70. And the median was 22.17.
BKK:SPG's Days Payable is ranked worse than 79.95% of 1551
companies
in the Chemicals industry
Industry Median: 59.87
vs BKK:SPG: 29.68
Siam Pan Group PCL's Days Payable
increased
from Mar. 2025 (19.88) to Mar. 2026 (31.31).
It may suggest that Siam Pan Group PCLdelayed paying its suppliers.
Siam Pan Group PCL Days Payable Related Terms
Siam Pan Group PCL Days Payable Historical Data
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The historical data trend for Siam Pan Group 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 Specialty Chemicals subindustry, Siam Pan Group 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.
Siam Pan Group PCL Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Siam Pan Group PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Siam Pan Group 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.
Siam Pan Group 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.
Siam Pan Group PCL (BKK:SPG) has a Days Payable of 31.31 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 Siam Pan Group PCL and its competitors. This is 41% above median its historical median of 22.17. Over the past decade, Siam Pan Group PCL's Days Payable has ranged from 15.70 to 29.68. According to the industry distribution chart, Siam Pan Group PCL ranks #1240 out of 1551 companies in the Chemicals industry, placing it in the top 79.9%.
Is Siam Pan Group PCL's Days Payable too high?
Siam Pan Group PCL's current Days Payable of 31.31 is 41% above median its 10-year median of 22.17. Over the past 10 years, this metric has ranged from a low of 15.70 to a high of 29.68. The Chemicals industry median Days Payable is 59.87. Siam Pan Group PCL's value of 31.31 is 47.7% below this industry median. Based on the distribution chart, Siam Pan Group PCL ranks #1240 out of 1551 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Siam Pan Group PCL has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Siam Pan Group PCL's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Siam Pan Group PCL ranks #1240 out of 1551 companies for Days Payable. This places Siam Pan Group PCL in the lower half of its industry. The industry median Days Payable is 59.87. Siam Pan Group PCL's value of 31.31 is 47.7% below this benchmark. Historically, Siam Pan Group PCL's own Days Payable has ranged from 15.70 to 29.68 over the past decade. While the company's 10-year median is 22.17 vs. the industry median of 59.87, Siam Pan Group 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 1,551 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. Siam Pan Group PCL's current Days Payable of 31.31 is 47.7% 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 Siam Pan Group 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. Siam Pan Group PCL's current Days Payable is 31.31, which is 41% above median its own 10-year median of 22.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Pan Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Pan Group PCL (BKK:SPG) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿13.85, compared to a current price of ฿11.00 — trading 20.6% below its estimated fair value. The current Days Payable is 31.31, which is 41% above median its 10-year median of 22.17 and 47.7% below the Chemicals industry median of 59.87. Siam Pan Group PCL's overall GF Score™ is 71/100 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 Siam Pan Group PCL (BKK:SPG), the current Days Payable is 31.31 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 Siam Pan Group PCL (BKK:SPG) Overvalued in 2026?
Based on GuruFocus' analysis, Siam Pan Group PCL stock appears to be undervalued.
The current stock price of ฿11.00 is trading 20.6% below its estimated GF Value™ of ฿13.85.
GuruFocus considers Siam Pan Group PCL to be Modestly Undervalued.
Key valuation signals for BKK:SPG:
Days Payable: 31.31 (41% above median its 10-year median of 22.17)
GF Value™: ฿13.85 vs. price of ฿11.00 (20.6% below fair value)
Industry Position: 47.7% below the Chemicals median (#1240 of 1551)
No single metric tells the full story. See the BKK:SPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siam Pan Group PCL is a Thailand-based company that is engaged in the manufacturing and distributing of lubricating oil, grease, and batteries. The company has the following crucial segments which include Grease, and Lubricating Oil. In terms of revenue, the Grease segment generates more revenue for the company. The organization has its branches present in Thailand, Myanmar and Other countries of which it generates maximum revenue from Thailand.
71GF Score
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