Star Petroleum Refining PCL (BKK:SPRC) Days Payable: 34.16 (As of Mar. 2026) — 72% Above Median


BKK:SPRC Star Petroleum Refining PCL BKK:SPRC
78 GF Score
Price ฿7.70
GF Value ฿6.47
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Star Petroleum Refining PCL Days Payable?

Star Petroleum Refining PCL BKK:SPRC +0.65% 78 Days Payable is 34.16 as of Mar. 2026, which is 72% above its 10-year median of 19.90. GuruFocus rates BKK:SPRC with a GF Score™ of 78/100 and a GF Value™ of ฿6.47 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 851 Oil & Gas companies, Star Petroleum Refining PCL ranks worse than 81.9% on this metric.

Star Petroleum Refining PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿15,799 Mil. Star Petroleum Refining PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿42,197 Mil. Hence, Star Petroleum Refining PCL's Days Payable for the three months ended in Mar. 2026 was 34.16.

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

BKK:SPRC' s Days Payable Range Over the Past 10 Years
Min: 17.02   Med: 19.9   Max: 25.42
Current: 25.42

During the past 13 years, Star Petroleum Refining PCL's highest Days Payable was 25.42. The lowest was 17.02. And the median was 19.90.

BKK:SPRC's Days Payable is ranked worse than
81.9% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs BKK:SPRC: 25.42

Star Petroleum Refining PCL's Days Payable increased from Mar. 2025 (22.11) to Mar. 2026 (34.16). It may suggest that Star Petroleum Refining PCL delayed paying its suppliers.


Star Petroleum Refining PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Star Petroleum Refining 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.

Star Petroleum Refining PCL Days Payable Chart

Star Petroleum Refining 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 22.83 17.02 18.52 20.75 22.46

Star Petroleum Refining 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 22.11 23.19 22.16 22.26 34.16

BKK:SPRC vs VLO, MPC, PSX: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, Star Petroleum Refining 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.


Star Petroleum Refining PCL Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Star Petroleum Refining PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Star Petroleum Refining PCL's Days Payable falls into.


BKK:SPRC
78GF Score
Star Petroleum Refining PCL BKK:SPRC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Star Petroleum Refining 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.

Star Petroleum Refining 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
=( (15545.782 + 13533.29) / 2 ) / 236318.458*365
=14539.536 / 236318.458*365
=22.46

Star Petroleum Refining 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
=( (13533.29 + 18064.329) / 2 ) / 42197.452*365 / 4
=15798.8095 / 42197.452*365 / 4
=34.16

* 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 34.16 mean?
Star Petroleum Refining PCL (BKK:SPRC) has a Days Payable of 34.16 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 Star Petroleum Refining PCL and its competitors. This is 72% above median its historical median of 19.90. Over the past decade, Star Petroleum Refining PCL's Days Payable has ranged from 17.02 to 25.42. According to the industry distribution chart, Star Petroleum Refining PCL ranks #697 out of 851 companies in the Oil & Gas industry, placing it in the top 81.9%.
Is Star Petroleum Refining PCL's Days Payable too high?
Star Petroleum Refining PCL's current Days Payable of 34.16 is 72% above median its 10-year median of 19.90. Over the past 10 years, this metric has ranged from a low of 17.02 to a high of 25.42. The Oil & Gas industry median Days Payable is 57.95. Star Petroleum Refining PCL's value of 34.16 is 41.1% below this industry median. Based on the distribution chart, Star Petroleum Refining PCL ranks #697 out of 851 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Star Petroleum Refining PCL has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Star Petroleum Refining PCL's Days Payable compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Star Petroleum Refining PCL ranks #697 out of 851 companies for Days Payable. This places Star Petroleum Refining PCL in the lower half of its industry. The industry median Days Payable is 57.95. Star Petroleum Refining PCL's value of 34.16 is 41.1% below this benchmark. Historically, Star Petroleum Refining PCL's own Days Payable has ranged from 17.02 to 25.42 over the past decade. While the company's 10-year median is 19.90 vs. the industry median of 57.95, Star Petroleum Refining 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 851 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. Star Petroleum Refining PCL's current Days Payable of 34.16 is 41.1% 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 Star Petroleum Refining PCL and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Petroleum Refining PCL's current Days Payable is 34.16, which is 72% above median its own 10-year median of 19.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Petroleum Refining PCL stock overvalued right now?
Based on GuruFocus' analysis, Star Petroleum Refining PCL (BKK:SPRC) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.47, compared to a current price of ฿7.70 — trading 19% above its estimated fair value. The current Days Payable is 34.16, which is 72% above median its 10-year median of 19.90 and 41.1% below the Oil & Gas industry median of 57.95. Star Petroleum Refining PCL's overall GF Score™ is 78/100 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 Star Petroleum Refining PCL (BKK:SPRC), the current Days Payable is 34.16 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 Star Petroleum Refining PCL (BKK:SPRC) Overvalued in 2026?

Based on GuruFocus' analysis, Star Petroleum Refining PCL stock appears to be overvalued. The current stock price of ฿7.70 is trading 19% above its estimated GF Value™ of ฿6.47. GuruFocus considers Star Petroleum Refining PCL to be Modestly Overvalued.

Key valuation signals for BKK:SPRC:

  • Days Payable: 34.16 (72% above median its 10-year median of 19.90)
  • GF Value™: ฿6.47 vs. price of ฿7.70 (19% above fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 41.1% below the Oil & Gas median (#697 of 851)

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


Star Petroleum Refining PCL Business Description

Industry EnergyOil & Gas
Address No.1, I-3B Road, Tambol Map Ta Phut, Amphur Muang Rayong, Rayong, THA, 21150
Star Petroleum Refining PCL operates petroleum refinery in Thailand. The company produces multiple petroleum products such as Liquefied Petroleum Gas, gasoline, jet fuel, diesel, fuel oil, asphalt, and others. Geographically the majority of its sales are conducted in Thailand. However, the company also produces petroleum products for international markets.
78GF Score

Get the complete analysis for BKK:SPRC

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

฿7.70
Price
฿6.47
GF Value