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Asia Aviation PCLBKK:AAV 65 Days Payable is 11.28 as of Mar. 2026, which is 1% above its 10-year median of 11.20. GuruFocus rates BKK:AAV with a GF Score™ of 65/100 and a GF Value™ of ฿2.18 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 968 Transportation companies, Asia Aviation PCL ranks worse than 91.63% on this metric.
The historical rank and industry rank for Asia Aviation PCL's Days Payable or its related term are showing as below:
BKK:AAV'
s Days Payable Range Over the Past 10 Years
Min: 2.36 Med: 11.2 Max: 28.39
Current: 12.13
During the past 13 years, Asia Aviation PCL's highest Days Payable was 28.39. The lowest was 2.36. And the median was 11.20.
BKK:AAV's Days Payable is ranked worse than 91.63% of 968
companies
in the Transportation industry
Industry Median: 38.62
vs BKK:AAV: 12.13
Asia Aviation PCL's Days Payable
increased
from Mar. 2025 (10.23) to Mar. 2026 (11.28).
It may suggest that Asia Aviation PCLdelayed paying its suppliers.
Asia Aviation PCL Days Payable Related Terms
Asia Aviation PCL Days Payable Historical Data
* Premium members only.
The historical data trend for Asia Aviation 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.
For the Airlines subindustry, Asia Aviation 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.
Asia Aviation PCL Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Asia Aviation PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Asia Aviation 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.
Asia Aviation 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.
Asia Aviation PCL (BKK:AAV) has a Days Payable of 11.28 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 Asia Aviation PCL and its competitors. This is near median its historical median of 11.20. Over the past decade, Asia Aviation PCL's Days Payable has ranged from 2.36 to 28.39. According to the industry distribution chart, Asia Aviation PCL ranks #887 out of 968 companies in the Transportation industry, placing it in the top 91.6%.
Is Asia Aviation PCL's Days Payable too high?
Asia Aviation PCL's current Days Payable of 11.28 is near median its 10-year median of 11.20. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 28.39. The Transportation industry median Days Payable is 38.62. Asia Aviation PCL's value of 11.28 is 70.8% below this industry median. Based on the distribution chart, Asia Aviation PCL ranks #887 out of 968 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Asia Aviation PCL has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asia Aviation PCL's Days Payable compare to DAL and UAL?
According to the Transportation industry distribution chart, Asia Aviation PCL ranks #887 out of 968 companies for Days Payable. This places Asia Aviation PCL in the lower half of its industry. The industry median Days Payable is 38.62. Asia Aviation PCL's value of 11.28 is 70.8% below this benchmark. Historically, Asia Aviation PCL's own Days Payable has ranged from 2.36 to 28.39 over the past decade. While the company's 10-year median is 11.20 vs. the industry median of 38.62, Asia Aviation 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 Transportation company?
The median Days Payable among Transportation companies is 38.62, based on 968 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. Asia Aviation PCL's current Days Payable of 11.28 is 70.8% 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 Asia Aviation PCL and its competitors. For the Transportation industry, the median Days Payable is 38.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Aviation PCL's current Days Payable is 11.28, which is near median its own 10-year median of 11.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Aviation PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Aviation PCL (BKK:AAV) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.18, compared to a current price of ฿1.07 — trading 50.9% below its estimated fair value. The current Days Payable is 11.28, which is near median its 10-year median of 11.20 and 70.8% below the Transportation industry median of 38.62. Asia Aviation PCL's overall GF Score™ is 65/100 with 6 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 Asia Aviation PCL (BKK:AAV), the current Days Payable is 11.28 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 Asia Aviation PCL (BKK:AAV) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Aviation PCL stock appears to be undervalued.
The current stock price of ฿1.07 is trading 50.9% below its estimated GF Value™ of ฿2.18.
GuruFocus considers Asia Aviation PCL to be Possible Value Trap.
Key valuation signals for BKK:AAV:
Days Payable: 11.28 (near median its 10-year median of 11.20)
GF Value™: ฿2.18 vs. price of ฿1.07 (50.9% below fair value)
Industry Position: 70.8% below the Transportation median (#887 of 968)
No single metric tells the full story. See the BKK:AAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressVibhavadee Rangsit Road, 3rd Floor, Central Office Building, Room No. 3200, 222, Don Mueang International Airport, Sanam Bin District, Don Mueang District, Bangkok, THA, 10210
Asia Aviation PCL is a holding company for Thai AirAsia Company Ltd that is engaged in investing in a low-fare airline business company. It has two reportable operating segments: Schedule flight operations and Chartered flight operations. The majority of the group's revenue is generated from the Schedule flight operations segment, which provides passenger air transportation services to routine destinations for scheduled flights. The group sells tickets through its distribution channels such as website, sales counter, travel agents, etc. The Chartered flight operations offer passenger air transportation services to non-routine destinations. Flights are operated when there is a booking from customers, normally tourist agency companies. Geographically, the group operates only in Thailand.
65GF Score
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