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Ziga Innovation PCLBKK:ZIGA-R +4.33%67 Days Payable is 25.07 as of Jun. 2026, which is 32% above its 10-year median of 19.02. GuruFocus rates BKK:ZIGA-R with a GF Score™ of 67/100 and a GF Value™ of ฿1.24 (Fairly Valued). The stock has 5 warning signs investors should review. Among 597 Steel companies, Ziga Innovation PCL ranks worse than 76.88% on this metric.
The historical rank and industry rank for Ziga Innovation PCL's Days Payable or its related term are showing as below:
BKK:ZIGA-R'
s Days Payable Range Over the Past 10 Years
Min: 4.87 Med: 19.02 Max: 82.83
Current: 20.25
During the past 12 years, Ziga Innovation PCL's highest Days Payable was 82.83. The lowest was 4.87. And the median was 19.02.
BKK:ZIGA-R's Days Payable is ranked worse than 76.88% of 597
companies
in the Steel industry
Industry Median: 42.69
vs BKK:ZIGA-R: 20.25
Ziga Innovation PCL's Days Payable
increased
from Jun. 2025 (23.10) to Jun. 2026 (25.07).
It may suggest that Ziga Innovation PCLdelayed paying its suppliers.
The historical data trend for Ziga Innovation 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.
BKK:ZIGA-R vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Ziga Innovation 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.
Ziga Innovation PCL Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Ziga Innovation PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Ziga Innovation 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.
Ziga Innovation 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.
Ziga Innovation PCL (BKK:ZIGA-R) has a Days Payable of 25.07 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ziga Innovation PCL and its competitors. This is 32% above median its historical median of 19.02. Over the past decade, Ziga Innovation PCL's Days Payable has ranged from 4.87 to 82.83. According to the industry distribution chart, Ziga Innovation PCL ranks #459 out of 597 companies in the Steel industry, placing it in the top 76.9%.
Is Ziga Innovation PCL's Days Payable too high?
Ziga Innovation PCL's current Days Payable of 25.07 is 32% above median its 10-year median of 19.02. Over the past 10 years, this metric has ranged from a low of 4.87 to a high of 82.83. The Steel industry median Days Payable is 42.69. Ziga Innovation PCL's value of 25.07 is 41.3% below this industry median. Based on the distribution chart, Ziga Innovation PCL ranks #459 out of 597 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Ziga Innovation PCL has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ziga Innovation PCL's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Ziga Innovation PCL ranks #459 out of 597 companies for Days Payable. This places Ziga Innovation PCL in the lower half of its industry. The industry median Days Payable is 42.69. Ziga Innovation PCL's value of 25.07 is 41.3% below this benchmark. Historically, Ziga Innovation PCL's own Days Payable has ranged from 4.87 to 82.83 over the past decade. While the company's 10-year median is 19.02 vs. the industry median of 42.69, Ziga Innovation 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 42.69, 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. Ziga Innovation PCL's current Days Payable of 25.07 is 41.3% 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 Ziga Innovation PCL and its competitors. For the Steel industry, the median Days Payable is 42.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ziga Innovation PCL's current Days Payable is 25.07, which is 32% above median its own 10-year median of 19.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ziga Innovation PCL stock overvalued right now?
Based on GuruFocus' analysis, Ziga Innovation PCL (BKK:ZIGA-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.24, compared to a current price of ฿1.24 — trading 0.2% below its estimated fair value. The current Days Payable is 25.07, which is 32% above median its 10-year median of 19.02 and 41.3% below the Steel industry median of 42.69. Ziga Innovation PCL's overall GF Score™ is 67/100 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 Ziga Innovation PCL (BKK:ZIGA-R), the current Days Payable is 25.07 as of Jun. 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 Ziga Innovation PCL (BKK:ZIGA-R) Overvalued in 2026?
Based on GuruFocus' analysis, Ziga Innovation PCL stock appears to be undervalued.
The current stock price of ฿1.24 is trading 0.2% below its estimated GF Value™ of ฿1.24.
GuruFocus considers Ziga Innovation PCL to be Fairly Valued.
Key valuation signals for BKK:ZIGA-R:
Days Payable: 25.07 (32% above median its 10-year median of 19.02)
GF Value™: ฿1.24 vs. price of ฿1.24 (0.2% below fair value)
Industry Position: 41.3% below the Steel median (#459 of 597)
No single metric tells the full story. See the BKK:ZIGA-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ziga Innovation PCL is a steel manufacturer. It is engaged in the manufacturing and trading of steel conduits for electrical wiring systems and steel piping for construction and real estate business. Its segment includes wholesale and retail. It derives majority of its revenues from the wholesale segment. The company operates in Thailand.
67GF Score
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