Siam Steel Service Center PCL (BKK:SSSC) Days Payable: 20.16 (As of Mar. 2026) — Near Median


BKK:SSSC Siam Steel Service Center PCL BKK:SSSC
78 GF Score
Price ฿2.16
GF Value ฿2.08
Valuation Fairly Valued
! 4 Warning Signs
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What is Siam Steel Service Center PCL Days Payable?

Siam Steel Service Center PCL BKK:SSSC 78 Days Payable is 20.16 as of Mar. 2026, which is 7% above its 10-year median of 18.88. GuruFocus rates BKK:SSSC with a GF Score™ of 78/100 and a GF Value™ of ฿2.08 (Fairly Valued). The stock has 4 warning signs investors should review. Among 599 Steel companies, Siam Steel Service Center PCL ranks worse than 77.3% on this metric.

Siam Steel Service Center PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿201 Mil. Siam Steel Service Center PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿911 Mil. Hence, Siam Steel Service Center PCL's Days Payable for the three months ended in Mar. 2026 was 20.16.

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

BKK:SSSC' s Days Payable Range Over the Past 10 Years
Min: 16.2   Med: 18.88   Max: 27.04
Current: 19.26

During the past 13 years, Siam Steel Service Center PCL's highest Days Payable was 27.04. The lowest was 16.20. And the median was 18.88.

BKK:SSSC's Days Payable is ranked worse than
77.3% of 599 companies
in the Steel industry
Industry Median: 41.39 vs BKK:SSSC: 19.26

Siam Steel Service Center PCL's Days Payable increased from Mar. 2025 (16.79) to Mar. 2026 (20.16). It may suggest that Siam Steel Service Center PCL delayed paying its suppliers.


Siam Steel Service Center PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Siam Steel Service Center 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.

Siam Steel Service Center PCL Days Payable Chart

Siam Steel Service Center 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 16.22 16.98 16.82 16.20 17.75

Siam Steel Service Center 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 16.79 18.75 18.36 19.44 20.16

BKK:SSSC vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Siam Steel Service Center 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 Steel Service Center PCL Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Siam Steel Service Center PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Siam Steel Service Center PCL's Days Payable falls into.


BKK:SSSC
78GF Score
Siam Steel Service Center PCL BKK:SSSC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Siam Steel Service Center 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.

Siam Steel Service Center 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
=( (204.573 + 197.069) / 2 ) / 4129.798*365
=200.821 / 4129.798*365
=17.75

Siam Steel Service Center 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
=( (197.069 + 205.48) / 2 ) / 910.807*365 / 4
=201.2745 / 910.807*365 / 4
=20.16

* 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 20.16 mean?
Siam Steel Service Center PCL (BKK:SSSC) has a Days Payable of 20.16 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 Siam Steel Service Center PCL and its competitors. This is near median its historical median of 18.88. Over the past decade, Siam Steel Service Center PCL's Days Payable has ranged from 16.20 to 27.04. According to the industry distribution chart, Siam Steel Service Center PCL ranks #463 out of 599 companies in the Steel industry, placing it in the top 77.3%.
Is Siam Steel Service Center PCL's Days Payable too high?
Siam Steel Service Center PCL's current Days Payable of 20.16 is near median its 10-year median of 18.88. Over the past 10 years, this metric has ranged from a low of 16.20 to a high of 27.04. The Steel industry median Days Payable is 41.39. Siam Steel Service Center PCL's value of 20.16 is 51.3% below this industry median. Based on the distribution chart, Siam Steel Service Center PCL ranks #463 out of 599 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Siam Steel Service Center PCL has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Siam Steel Service Center PCL's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Siam Steel Service Center PCL ranks #463 out of 599 companies for Days Payable. This places Siam Steel Service Center PCL in the lower half of its industry. The industry median Days Payable is 41.39. Siam Steel Service Center PCL's value of 20.16 is 51.3% below this benchmark. Historically, Siam Steel Service Center PCL's own Days Payable has ranged from 16.20 to 27.04 over the past decade. While the company's 10-year median is 18.88 vs. the industry median of 41.39, Siam Steel Service Center 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 599 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 Steel Service Center PCL's current Days Payable of 20.16 is 51.3% 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 Steel Service Center 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. Siam Steel Service Center PCL's current Days Payable is 20.16, which is near median its own 10-year median of 18.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Steel Service Center PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Steel Service Center PCL (BKK:SSSC) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.08, compared to a current price of ฿2.16 — trading 3.8% above its estimated fair value. The current Days Payable is 20.16, which is near median its 10-year median of 18.88 and 51.3% below the Steel industry median of 41.39. Siam Steel Service Center 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 Siam Steel Service Center PCL (BKK:SSSC), the current Days Payable is 20.16 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 Siam Steel Service Center PCL (BKK:SSSC) Overvalued in 2026?

Based on GuruFocus' analysis, Siam Steel Service Center PCL stock appears to be overvalued. The current stock price of ฿2.16 is trading 3.8% above its estimated GF Value™ of ฿2.08. GuruFocus considers Siam Steel Service Center PCL to be Fairly Valued.

Key valuation signals for BKK:SSSC:

  • Days Payable: 20.16 (near median its 10-year median of 18.88)
  • GF Value™: ฿2.08 vs. price of ฿2.16 (3.8% above fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 51.3% below the Steel median (#463 of 599)

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


Siam Steel Service Center PCL Business Description

Address 51/3 Moo 2 Poochao - Samingprai Road, Tumbon Bangyaprak, Amphur Phrapradeang, Samutprakarn, THA, 10130
Siam Steel Service Center PCL is a Thailand based company engaged in the manufacturing business of accessories made from steel, installing metal roofing and wall panels, and steel cutting services. The company has a business presence in Vietnam and Thailand, of which a majority of revenue is derived from Thailand.
78GF Score

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

฿2.16
Price
฿2.08
GF Value