World Flex PCL (BKK:WFX) Days Payable: 26.90 (As of Mar. 2026) — 16% Below Median


BKK:WFX World Flex PCL BKK:WFX
45 GF Score
Price ฿0.98
GF Value ฿0.90
Valuation Fairly Valued
! 3 Warning Signs
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What is World Flex PCL Days Payable?

World Flex PCL BKK:WFX +2.08% 45 Days Payable is 26.90 as of Mar. 2026, which is 16% below its 10-year median of 32.02. GuruFocus rates BKK:WFX with a GF Score™ of 45/100 and a GF Value™ of ฿0.90 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,015 Manufacturing - Apparel & Accessories companies, World Flex PCL ranks worse than 77.83% on this metric.

World Flex PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿143 Mil. World Flex PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿487 Mil. Hence, World Flex PCL's Days Payable for the three months ended in Mar. 2026 was 26.90.

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

BKK:WFX' s Days Payable Range Over the Past 10 Years
Min: 22.5   Med: 32.02   Max: 39.35
Current: 27.7

During the past 7 years, World Flex PCL's highest Days Payable was 39.35. The lowest was 22.50. And the median was 32.02.

BKK:WFX's Days Payable is ranked worse than
77.83% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22 vs BKK:WFX: 27.70

World Flex PCL's Days Payable declined from Mar. 2025 (27.32) to Mar. 2026 (26.90). It may suggest that World Flex PCL accelerated paying its suppliers.


World Flex PCL Days Payable Historical Data

* Premium members only.

The historical data trend for World Flex 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.

World Flex PCL Days Payable Chart

World Flex PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 35.87 32.02 30.04 22.50 22.97

World Flex 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 27.32 26.02 25.67 26.80 26.90

BKK:WFX vs AIN: Days Payable Comparison

For the Textile Manufacturing subindustry, World Flex 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.


World Flex PCL Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, World Flex PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where World Flex PCL's Days Payable falls into.


BKK:WFX
45GF Score
World Flex PCL BKK:WFX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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World Flex 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.

World Flex 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
=( (152.677 + 119.297) / 2 ) / 2160.817*365
=135.987 / 2160.817*365
=22.97

World Flex 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
=( (119.297 + 167.683) / 2 ) / 486.783*365 / 4
=143.49 / 486.783*365 / 4
=26.90

* 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 26.90 mean?
World Flex PCL (BKK:WFX) has a Days Payable of 26.90 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 World Flex PCL and its competitors. This is 16% below median its historical median of 32.02. Over the past decade, World Flex PCL's Days Payable has ranged from 22.50 to 39.35. According to the industry distribution chart, World Flex PCL ranks #790 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 77.8%.
Is World Flex PCL's Days Payable too high?
World Flex PCL's current Days Payable of 26.90 is 16% below median its 10-year median of 32.02. Over the past 10 years, this metric has ranged from a low of 22.50 to a high of 39.35. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. World Flex PCL's value of 26.90 is 50.4% below this industry median. Based on the distribution chart, World Flex PCL ranks #790 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, World Flex PCL has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does World Flex PCL's Days Payable compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, World Flex PCL ranks #790 out of 1015 companies for Days Payable. This places World Flex PCL in the lower half of its industry. The industry median Days Payable is 54.22. World Flex PCL's value of 26.90 is 50.4% below this benchmark. Historically, World Flex PCL's own Days Payable has ranged from 22.50 to 39.35 over the past decade. While the company's 10-year median is 32.02 vs. the industry median of 54.22, World Flex 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.22, based on 1,015 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. World Flex PCL's current Days Payable of 26.90 is 50.4% 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 World Flex PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. World Flex PCL's current Days Payable is 26.90, which is 16% below median its own 10-year median of 32.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is World Flex PCL stock overvalued right now?
Based on GuruFocus' analysis, World Flex PCL (BKK:WFX) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.90, compared to a current price of ฿0.98 — trading 8.9% above its estimated fair value. The current Days Payable is 26.90, which is 16% below median its 10-year median of 32.02 and 50.4% below the Manufacturing - Apparel & Accessories industry median of 54.22. World Flex PCL's overall GF Score™ is 45/100 with 3 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 World Flex PCL (BKK:WFX), the current Days Payable is 26.90 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 World Flex PCL (BKK:WFX) Overvalued in 2026?

Based on GuruFocus' analysis, World Flex PCL stock appears to be overvalued. The current stock price of ฿0.98 is trading 8.9% above its estimated GF Value™ of ฿0.90. GuruFocus considers World Flex PCL to be Fairly Valued.

Key valuation signals for BKK:WFX:

  • Days Payable: 26.90 (16% below median its 10-year median of 32.02)
  • GF Value™: ฿0.90 vs. price of ฿0.98 (8.9% above fair value)
  • GF Score™: 45/100 with 3 warning signs
  • Industry Position: 50.4% below the Manufacturing - Apparel & Accessories median (#790 of 1015)

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


World Flex PCL Business Description

Address Highway 3191, No. 59/1 Moo 5, Tambol Manam Koo, Amphur Pluakdaeng, Rayong, THA, 21140
World Flex PCL is engaged in the manufacturing of high-quality rubber thread. Its products include rubber threads coated with talcum and rubber threads coated with polymer, both of which are ideal for the textile industry that requires softness and swiftness, and are also ideal for all types of machinery. Geographically, the company generates a majority of its revenue from the People's Republic of China and Asia (other than China), and also operates in Thailand, Europe, South and North America, and Africa.
45GF Score

Get the complete analysis for BKK:WFX

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

฿0.98
Price
฿0.90
GF Value