Ananda Development PCL (BKK:ANAN) Days Payable: 203.74 (As of Mar. 2026) — 133% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:ANAN Ananda Development PCL BKK:ANAN
29 GF Score
Price ฿0.34
GF Value ฿0.62
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Ananda Development PCL Days Payable?

Ananda Development PCL BKK:ANAN 29 Days Payable is 203.74 as of Mar. 2026, which is 133% above its 10-year median of 87.34. GuruFocus rates BKK:ANAN with a GF Score™ of 29/100 and a GF Value™ of ฿0.62 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,568 Real Estate companies, Ananda Development PCL ranks better than 57.02% on this metric.

Ananda Development PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿1,484 Mil. Ananda Development PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿665 Mil. Hence, Ananda Development PCL's Days Payable for the three months ended in Mar. 2026 was 203.74.

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

BKK:ANAN' s Days Payable Range Over the Past 10 Years
Min: 31.73   Med: 87.34   Max: 165.61
Current: 119.31

During the past 13 years, Ananda Development PCL's highest Days Payable was 165.61. The lowest was 31.73. And the median was 87.34.

BKK:ANAN's Days Payable is ranked better than
57.02% of 1568 companies
in the Real Estate industry
Industry Median: 94.205 vs BKK:ANAN: 119.31

Ananda Development PCL's Days Payable declined from Mar. 2025 (209.98) to Mar. 2026 (203.74). It may suggest that Ananda Development PCL accelerated paying its suppliers.


Ananda Development PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Ananda Development 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.

Ananda Development PCL Days Payable Chart

Ananda Development 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 77.63 89.88 165.61 129.77 104.24

Ananda Development 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 209.98 231.31 92.77 73.16 203.74

Ananda Development PCL Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Ananda Development 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.


Ananda Development PCL Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ananda Development PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Ananda Development PCL's Days Payable falls into.


BKK:ANAN
29GF Score
Ananda Development PCL BKK:ANAN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ananda Development 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.

Ananda Development 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
=( (1210.533 + 1319.266) / 2 ) / 4429.239*365
=1264.8995 / 4429.239*365
=104.24

Ananda Development 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
=( (1319.266 + 1648.319) / 2 ) / 664.56*365 / 4
=1483.7925 / 664.56*365 / 4
=203.74

* 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 203.74 mean?
Ananda Development PCL (BKK:ANAN) has a Days Payable of 203.74 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 Ananda Development PCL and its competitors. This is 133% above median its historical median of 87.34. Over the past decade, Ananda Development PCL's Days Payable has ranged from 31.73 to 165.61. According to the industry distribution chart, Ananda Development PCL ranks #674 out of 1568 companies in the Real Estate industry, placing it in the top 43%.
Is Ananda Development PCL's Days Payable too high?
Ananda Development PCL's current Days Payable of 203.74 is 133% above median its 10-year median of 87.34. Over the past 10 years, this metric has ranged from a low of 31.73 to a high of 165.61. The Real Estate industry median Days Payable is 94.21. Ananda Development PCL's value of 203.74 is 116.3% above this industry median. Based on the distribution chart, Ananda Development PCL ranks #674 out of 1568 companies in the Real Estate industry, which is above the industry midpoint. Overall, Ananda Development PCL has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ananda Development PCL's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Ananda Development PCL ranks #674 out of 1568 companies for Days Payable. This puts Ananda Development PCL in the upper half of its industry. The industry median Days Payable is 94.21. Ananda Development PCL's value of 203.74 is 116.3% above this benchmark. Historically, Ananda Development PCL's own Days Payable has ranged from 31.73 to 165.61 over the past decade. While the company's 10-year median is 87.34 vs. the industry median of 94.21, Ananda Development PCL has consistently been above 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.21, based on 1,568 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. Ananda Development PCL's current Days Payable of 203.74 is 116.3% above 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 Ananda Development PCL and its competitors. For the Real Estate industry, the median Days Payable is 94.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ananda Development PCL's current Days Payable is 203.74, which is 133% above median its own 10-year median of 87.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ananda Development PCL stock overvalued right now?
Based on GuruFocus' analysis, Ananda Development PCL (BKK:ANAN) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.62, compared to a current price of ฿0.34 — trading 45.2% below its estimated fair value. The current Days Payable is 203.74, which is 133% above median its 10-year median of 87.34 and 116.3% above the Real Estate industry median of 94.21. Ananda Development PCL's overall GF Score™ is 29/100 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 Ananda Development PCL (BKK:ANAN), the current Days Payable is 203.74 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 Ananda Development PCL (BKK:ANAN) Overvalued in 2026?

Based on GuruFocus' analysis, Ananda Development PCL stock appears to be undervalued. The current stock price of ฿0.34 is trading 45.2% below its estimated GF Value™ of ฿0.62. GuruFocus considers Ananda Development PCL to be Possible Value Trap.

Key valuation signals for BKK:ANAN:

  • Days Payable: 203.74 (133% above median its 10-year median of 87.34)
  • GF Value™: ฿0.62 vs. price of ฿0.34 (45.2% below fair value)
  • GF Score™: 29/100 with 5 warning signs
  • Industry Position: 116.3% above the Real Estate median (#674 of 1568)

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


Ananda Development PCL Business Description

Address Bangna-Trad (Km.10.5) Road, No. 99/1 Moo 14, Soi Windmill Housing Estate, Bangpleeyai, Bangplee, Samutprakarn, THA, 10540
Ananda Development PCL is engaged in developing and selling real estate, providing house construction services, and managing real estate development projects. Along with its subsidiaries, the company's reportable segments are as follows: the Real estate development segment, which develops all types of real estate projects; the Management of real estate development projects segment, which provides management services for real estate projects; the Service apartments segment; and Other segments, which include services relating to real estate brokerage, among other things. A majority of its revenue is generated from the Real estate segment. Geographically, the company mainly operates in Thailand.
29GF Score

Get the complete analysis for BKK:ANAN

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

฿0.34
Price
฿0.62
GF Value