Thai-German Products PCLBKK:TGPRO Days Payable is 63.27 as of Mar. 2026, which is 33% below its 10-year median of 93.99. The stock has 4 warning signs investors should review. Among 597 Steel companies, Thai-German Products PCL ranks better than 76.72% on this metric.
* 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.
BKK:TGPRO vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Thai-German Products 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.
Thai-German Products PCL Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Thai-German Products PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Thai-German Products 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.
Thai-German Products 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.
Thai-German Products PCL (BKK:TGPRO) has a Days Payable of 63.27 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 Thai-German Products PCL and its competitors. This is 33% below median its historical median of 93.99. Over the past decade, Thai-German Products PCL's Days Payable has ranged from 63.93 to 110.90. According to the industry distribution chart, Thai-German Products PCL ranks #139 out of 597 companies in the Steel industry, placing it in the top 23.3%.
Is Thai-German Products PCL's Days Payable too high?
Thai-German Products PCL's current Days Payable of 63.27 is 33% below median its 10-year median of 93.99. Over the past 10 years, this metric has ranged from a low of 63.93 to a high of 110.90. The Steel industry median Days Payable is 41.39. Thai-German Products PCL's value of 63.27 is 52.9% above this industry median. Based on the distribution chart, Thai-German Products PCL ranks #139 out of 597 companies in the Steel industry, which is in the top quartile — a strong position relative to peers.
How does Thai-German Products PCL's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Thai-German Products PCL ranks #139 out of 597 companies for Days Payable. This places Thai-German Products PCL in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Thai-German Products PCL's value of 63.27 is 52.9% above this benchmark. Historically, Thai-German Products PCL's own Days Payable has ranged from 63.93 to 110.90 over the past decade. While the company's 10-year median is 93.99 vs. the industry median of 41.39, Thai-German Products 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 597 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. Thai-German Products PCL's current Days Payable of 63.27 is 52.9% 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 Thai-German Products 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. Thai-German Products PCL's current Days Payable is 63.27, which is 33% below median its own 10-year median of 93.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai-German Products PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai-German Products PCL (BKK:TGPRO) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.09, compared to a current price of ฿0.03 — trading 66.7% below its estimated fair value. The current Days Payable is 63.27, which is 33% below median its 10-year median of 93.99 and 52.9% above the Steel industry median of 41.39. 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 Thai-German Products PCL (BKK:TGPRO), the current Days Payable is 63.27 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.
Thai-German Products PCL is engaged in the business of manufacturing and distribution of stainless steel products such as pipe, axle, and other equipment, under trademark by TGPRO. It has four operating segments: the Stainless and service selling segment, which is the key revenue driver, includes steel pipes, steel sheets, steel shafts, and steel fittings; the Stereo sales segment sells stereo equipment, telephone equipment, and spare parts; an agriculture selling segment includes vegetables and seed; and Food sales Segment, which comprises of food sales, coffee and bakery shops, and steakhouse restaurants. It sells its product in Thailand and other countries, of which a majority of the revenue is generated from the Thailand market, and also has its presence in other countries.
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