Tata Steel Thailand PCLFRA:MVX 52 Days Payable is 9.72 as of Mar. 2026, which is 22% below its 10-year median of 12.46. GuruFocus rates FRA:MVX with a GF Score™ of 52/100 and a GF Value™ of €0.02 (Fairly Valued). The stock has 5 warning signs investors should review. Among 603 Steel companies, Tata Steel Thailand PCL ranks worse than 88.89% 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.
For the Steel subindustry, Tata Steel Thailand 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.
Tata Steel Thailand PCL Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Tata Steel Thailand PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Tata Steel Thailand 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.
Tata Steel Thailand PCL's Days Payable for the fiscal year that ended in Mar. 2026 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.
Tata Steel Thailand PCL (FRA:MVX) has a Days Payable of 9.72 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 Tata Steel Thailand PCL and its competitors. This is 22% below median its historical median of 12.46. Over the past decade, Tata Steel Thailand PCL's Days Payable has ranged from 10.07 to 15.87. According to the industry distribution chart, Tata Steel Thailand PCL ranks #536 out of 603 companies in the Steel industry, placing it in the top 88.9%.
Is Tata Steel Thailand PCL's Days Payable too high?
Tata Steel Thailand PCL's current Days Payable of 9.72 is 22% below median its 10-year median of 12.46. Over the past 10 years, this metric has ranged from a low of 10.07 to a high of 15.87. The Steel industry median Days Payable is 41.53. Tata Steel Thailand PCL's value of 9.72 is 76.6% below this industry median. Based on the distribution chart, Tata Steel Thailand PCL ranks #536 out of 603 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Tata Steel Thailand PCL has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tata Steel Thailand PCL's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Tata Steel Thailand PCL ranks #536 out of 603 companies for Days Payable. This places Tata Steel Thailand PCL in the lower half of its industry. The industry median Days Payable is 41.53. Tata Steel Thailand PCL's value of 9.72 is 76.6% below this benchmark. Historically, Tata Steel Thailand PCL's own Days Payable has ranged from 10.07 to 15.87 over the past decade. While the company's 10-year median is 12.46 vs. the industry median of 41.53, Tata Steel Thailand 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 41.53, based on 603 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. Tata Steel Thailand PCL's current Days Payable of 9.72 is 76.6% 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 Tata Steel Thailand PCL and its competitors. For the Steel industry, the median Days Payable is 41.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Steel Thailand PCL's current Days Payable is 9.72, which is 22% below median its own 10-year median of 12.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Steel Thailand PCL stock overvalued right now?
Based on GuruFocus' analysis, Tata Steel Thailand PCL (FRA:MVX) is currently considered Fairly Valued. The stock's GF Value™ is €0.02, compared to a current price of €0.02 — trading 7.5% above its estimated fair value. The current Days Payable is 9.72, which is 22% below median its 10-year median of 12.46 and 76.6% below the Steel industry median of 41.53. Tata Steel Thailand PCL's overall GF Score™ is 52/100 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 Tata Steel Thailand PCL (FRA:MVX), the current Days Payable is 9.72 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 Tata Steel Thailand PCL (FRA:MVX) Overvalued in 2026?
Based on GuruFocus' analysis, Tata Steel Thailand PCL stock appears to be overvalued.
The current stock price of €0.02 is trading 7.5% above its estimated GF Value™ of €0.02.
GuruFocus considers Tata Steel Thailand PCL to be Fairly Valued.
Key valuation signals for FRA:MVX:
Days Payable: 9.72 (22% below median its 10-year median of 12.46)
GF Value™: €0.02 vs. price of €0.02 (7.5% above fair value)
Industry Position: 76.6% below the Steel median (#536 of 603)
No single metric tells the full story. See the FRA:MVX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tata Steel Thailand PCL is a Thailand-based holding company that is engaged in investing in other companies and providing management services. The company is engaged in manufacturing, rendering manufacturing services, distributing, and trading of steel bars, wire rods, and small-section products through its subsidiaries. The company operates in a single segment, being the Manufacturing and distribution of long steel products. Its product line includes rebar, deformed bar, round bar, cut and bend bars, wire rods, including high carbon wire rods and low carbon, special wire rods, and others.
52GF Score
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