Union Petrochemical PCL (BKK:UKEM) Days Payable: 34.52 (As of Mar. 2026) — 15% Below Median

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BKK:UKEM Union Petrochemical PCL BKK:UKEM
48 GF Score
Price ฿1.17
GF Value ฿0.71
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Union Petrochemical PCL Days Payable?

Union Petrochemical PCL BKK:UKEM -1.68% 48 Days Payable is 34.52 as of Mar. 2026, which is 15% below its 10-year median of 40.50. GuruFocus rates BKK:UKEM with a GF Score™ of 48/100 and a GF Value™ of ฿0.71 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,555 Chemicals companies, Union Petrochemical PCL ranks worse than 71.7% on this metric.

Union Petrochemical PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿219 Mil. Union Petrochemical PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿578 Mil. Hence, Union Petrochemical PCL's Days Payable for the three months ended in Mar. 2026 was 34.52.

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

BKK:UKEM' s Days Payable Range Over the Past 10 Years
Min: 27   Med: 40.5   Max: 51.85
Current: 37.98

During the past 13 years, Union Petrochemical PCL's highest Days Payable was 51.85. The lowest was 27.00. And the median was 40.50.

BKK:UKEM's Days Payable is ranked worse than
71.7% of 1555 companies
in the Chemicals industry
Industry Median: 59.59 vs BKK:UKEM: 37.98

Union Petrochemical PCL's Days Payable increased from Mar. 2025 (34.38) to Mar. 2026 (34.52). It may suggest that Union Petrochemical PCL delayed paying its suppliers.


Union Petrochemical PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Union Petrochemical 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.

Union Petrochemical PCL Days Payable Chart

Union Petrochemical 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 40.38 36.77 33.94 27.00 29.74

Union Petrochemical 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 34.38 38.92 38.22 31.11 34.52

BKK:UKEM vs DOW: Days Payable Comparison

For the Chemicals subindustry, Union Petrochemical 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.


Union Petrochemical PCL Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Union Petrochemical PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Union Petrochemical PCL's Days Payable falls into.


BKK:UKEM
48GF Score
Union Petrochemical PCL BKK:UKEM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Union Petrochemical 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.

Union Petrochemical 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
=( (203.267 + 166.319) / 2 ) / 2267.875*365
=184.793 / 2267.875*365
=29.74

Union Petrochemical 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
=( (166.319 + 270.966) / 2 ) / 577.931*365 / 4
=218.6425 / 577.931*365 / 4
=34.52

* 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 34.52 mean?
Union Petrochemical PCL (BKK:UKEM) has a Days Payable of 34.52 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 Union Petrochemical PCL and its competitors. This is 15% below median its historical median of 40.50. Over the past decade, Union Petrochemical PCL's Days Payable has ranged from 27.00 to 51.85. According to the industry distribution chart, Union Petrochemical PCL ranks #1115 out of 1555 companies in the Chemicals industry, placing it in the top 71.7%.
Is Union Petrochemical PCL's Days Payable too high?
Union Petrochemical PCL's current Days Payable of 34.52 is 15% below median its 10-year median of 40.50. Over the past 10 years, this metric has ranged from a low of 27.00 to a high of 51.85. The Chemicals industry median Days Payable is 59.59. Union Petrochemical PCL's value of 34.52 is 42.1% below this industry median. Based on the distribution chart, Union Petrochemical PCL ranks #1115 out of 1555 companies in the Chemicals industry, which is below the industry midpoint. Overall, Union Petrochemical PCL has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Petrochemical PCL's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Union Petrochemical PCL ranks #1115 out of 1555 companies for Days Payable. This places Union Petrochemical PCL in the lower half of its industry. The industry median Days Payable is 59.59. Union Petrochemical PCL's value of 34.52 is 42.1% below this benchmark. Historically, Union Petrochemical PCL's own Days Payable has ranged from 27.00 to 51.85 over the past decade. While the company's 10-year median is 40.50 vs. the industry median of 59.59, Union Petrochemical 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 59.59, based on 1,555 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. Union Petrochemical PCL's current Days Payable of 34.52 is 42.1% 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 Union Petrochemical PCL and its competitors. For the Chemicals industry, the median Days Payable is 59.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Petrochemical PCL's current Days Payable is 34.52, which is 15% below median its own 10-year median of 40.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Petrochemical PCL stock overvalued right now?
Based on GuruFocus' analysis, Union Petrochemical PCL (BKK:UKEM) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.71, compared to a current price of ฿1.17 — trading 64.8% above its estimated fair value. The current Days Payable is 34.52, which is 15% below median its 10-year median of 40.50 and 42.1% below the Chemicals industry median of 59.59. Union Petrochemical PCL's overall GF Score™ is 48/100 with 5 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 Union Petrochemical PCL (BKK:UKEM), the current Days Payable is 34.52 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 Union Petrochemical PCL (BKK:UKEM) Overvalued in 2026?

Based on GuruFocus' analysis, Union Petrochemical PCL stock appears to be overvalued. The current stock price of ฿1.17 is trading 64.8% above its estimated GF Value™ of ฿0.71. GuruFocus considers Union Petrochemical PCL to be Significantly Overvalued.

Key valuation signals for BKK:UKEM:

  • Days Payable: 34.52 (15% below median its 10-year median of 40.50)
  • GF Value™: ฿0.71 vs. price of ฿1.17 (64.8% above fair value)
  • GF Score™: 48/100 with 5 warning signs
  • Industry Position: 42.1% below the Chemicals median (#1115 of 1555)

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


Union Petrochemical PCL Business Description

Address 728 Boromratchonnee Road, Union House Building, Kwang Bangbumru, Khet Bang Phalt, Bangkok, THA, 10700
Union Petrochemical PCL is principally engaged in the import and distribution of chemical products. The company is organized into three reportable segments: Commodity Chemicals segment, Specialty Chemicals segment, and Other segment. Some of its products are Methanol, Isopropyl alcohol, isobutyl alcohol, N-Butanol, Solvents 3040, Toluene, Mixed Xylene, Solvesso 100 Fluid, Solvesso 150 fluid, Solvesso 150 fluid, Butyl Acetate, Ethyl Acetate and Butyl, among others. The company has diversified into the logistics and storage sector. The group operates solely in Thailand and derives key revenue from the Commodity chemicals segment. The Group's business is operated in Thailand.
48GF Score

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

฿1.17
Price
฿0.71
GF Value