STP&I PCL (BKK:STPI-R) Days Payable: 43.28 (As of Mar. 2026) — Near Median


What is STP&I PCL Days Payable?

STP&I PCL BKK:STPI-R 60 Days Payable is 43.28 as of Mar. 2026, which is 7% above its 10-year median of 40.42. GuruFocus rates BKK:STPI-R with a GF Score™ of 60/100. The stock has 4 warning signs investors should review. Among 2,997 Industrial Products companies, STP&I PCL ranks worse than 79.38% on this metric.

STP&I PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿273.78 Mil. STP&I PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿577.17 Mil. Hence, STP&I PCL's Days Payable for the three months ended in Mar. 2026 was 43.28.

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

BKK:STPI-R' s Days Payable Range Over the Past 10 Years
Min: 31.88   Med: 40.42   Max: 209.84
Current: 38.84

During the past 13 years, STP&I PCL's highest Days Payable was 209.84. The lowest was 31.88. And the median was 40.42.

BKK:STPI-R's Days Payable is ranked worse than
79.38% of 2997 companies
in the Industrial Products industry
Industry Median: 77.54 vs BKK:STPI-R: 38.84

STP&I PCL's Days Payable declined from Mar. 2025 (44.80) to Mar. 2026 (43.28). It may suggest that STP&I PCL accelerated paying its suppliers.


STP&I PCL Days Payable Historical Data

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The historical data trend for STP&I 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.

STP&I PCL Days Payable Chart

STP&I 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 38.62 31.88 41.53 57.70 38.92

STP&I 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 44.80 40.50 43.45 33.41 43.28

BKK:STPI-R vs ATI, CRS, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, STP&I 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.


STP&I PCL Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, STP&I PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where STP&I PCL's Days Payable falls into.



STP&I 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.

STP&I 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
=( (249.017 + 298) / 2 ) / 2565.119*365
=273.5085 / 2565.119*365
=38.92

STP&I 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
=( (298 + 249.555) / 2 ) / 577.167*365 / 4
=273.7775 / 577.167*365 / 4
=43.28

* 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 43.28 mean?
STP&I PCL (BKK:STPI-R) has a Days Payable of 43.28 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 STP&I PCL and its competitors. This is near median its historical median of 40.42. Over the past decade, STP&I PCL's Days Payable has ranged from 31.88 to 209.84. According to the industry distribution chart, STP&I PCL ranks #2379 out of 2997 companies in the Industrial Products industry, placing it in the top 79.4%.
Is STP&I PCL's Days Payable too high?
STP&I PCL's current Days Payable of 43.28 is near median its 10-year median of 40.42. Over the past 10 years, this metric has ranged from a low of 31.88 to a high of 209.84. The Industrial Products industry median Days Payable is 77.54. STP&I PCL's value of 43.28 is 44.2% below this industry median. Based on the distribution chart, STP&I PCL ranks #2379 out of 2997 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, STP&I PCL has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does STP&I PCL's Days Payable compare to ATI and CRS?
According to the Industrial Products industry distribution chart, STP&I PCL ranks #2379 out of 2997 companies for Days Payable. This places STP&I PCL in the lower half of its industry. The industry median Days Payable is 77.54. STP&I PCL's value of 43.28 is 44.2% below this benchmark. Historically, STP&I PCL's own Days Payable has ranged from 31.88 to 209.84 over the past decade. While the company's 10-year median is 40.42 vs. the industry median of 77.54, STP&I 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 77.54, based on 2,997 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. STP&I PCL's current Days Payable of 43.28 is 44.2% 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 STP&I PCL and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. STP&I PCL's current Days Payable is 43.28, which is near median its own 10-year median of 40.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STP&I PCL stock overvalued right now?
STP&I PCL (BKK:STPI-R) has a current Days Payable of 43.28. The current Days Payable is 43.28, which is near median its 10-year median of 40.42 and 44.2% below the Industrial Products industry median of 77.54. STP&I PCL's overall GF Score™ is 60/100 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 STP&I PCL (BKK:STPI-R), the current Days Payable is 43.28 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.

STP&I PCL Business Description

Other Exchanges STPI:Thailand
Address Sukhumvit 21 Road (Asoke), 32/24, 3rd Floor, Sino-Thai Tower, Kwaeng Klongtoey Nua, Khet Wattana, Bangkok, THA, 10110
STP&I PCL is engaged in steel fabrication work, and the manufacture of boilers and pressure vessels. Its products include Steel structure, Piping, Module providing services to engineering, fabrication and construction sectors. The company operates in five reportable segments namely, The fabrication work for construction and industrial purpose, Sale of electricity and servicing of electricity, Rental of property, and production and Distribution of hemp products. It has a business presence in Thailand, Spain, Japan, England, Sri Lanka and other countries.