Carabao Group PCL (BKK:CBG) Days Payable: 19.32 (As of Mar. 2026) — 15% Below Median


BKK:CBG Carabao Group PCL BKK:CBG
84 GF Score
Price ฿48.50
GF Value ฿76.68
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Carabao Group PCL Days Payable?

Carabao Group PCL BKK:CBG -1.52% 84 Days Payable is 19.32 as of Mar. 2026, which is 15% below its 10-year median of 22.71. GuruFocus rates BKK:CBG with a GF Score™ of 84/100 and a GF Value™ of ฿76.68 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 113 Beverages - Non-Alcoholic companies, Carabao Group PCL ranks worse than 95.58% on this metric.

Carabao Group PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿835 Mil. Carabao Group PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿3,943 Mil. Hence, Carabao Group PCL's Days Payable for the three months ended in Mar. 2026 was 19.32.

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

BKK:CBG' s Days Payable Range Over the Past 10 Years
Min: 16.25   Med: 22.71   Max: 37.9
Current: 16.25

During the past 13 years, Carabao Group PCL's highest Days Payable was 37.90. The lowest was 16.25. And the median was 22.71.

BKK:CBG's Days Payable is ranked worse than
95.58% of 113 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 57.76 vs BKK:CBG: 16.25

Carabao Group PCL's Days Payable increased from Mar. 2025 (15.75) to Mar. 2026 (19.32). It may suggest that Carabao Group PCL delayed paying its suppliers.


Carabao Group PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Carabao Group 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.

Carabao Group PCL Days Payable Chart

Carabao Group 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 20.35 20.60 23.40 19.46 16.45

Carabao Group 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 15.75 14.70 14.88 15.14 19.32

BKK:CBG vs KO, PEP, MNST: Days Payable Comparison

For the Beverages - Non-Alcoholic subindustry, Carabao Group 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.


Carabao Group PCL Days Payable vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Carabao Group PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Carabao Group PCL's Days Payable falls into.


BKK:CBG
84GF Score
Carabao Group PCL BKK:CBG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carabao Group 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.

Carabao Group 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
=( (716.57 + 743.261) / 2 ) / 16198.29*365
=729.9155 / 16198.29*365
=16.45

Carabao Group 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
=( (743.261 + 926.641) / 2 ) / 3942.683*365 / 4
=834.951 / 3942.683*365 / 4
=19.32

* 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 19.32 mean?
Carabao Group PCL (BKK:CBG) has a Days Payable of 19.32 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 Carabao Group PCL and its competitors. This is 15% below median its historical median of 22.71. Over the past decade, Carabao Group PCL's Days Payable has ranged from 16.25 to 37.90. According to the industry distribution chart, Carabao Group PCL ranks #108 out of 113 companies in the Beverages - Non-Alcoholic industry, placing it in the top 95.6%.
Is Carabao Group PCL's Days Payable too high?
Carabao Group PCL's current Days Payable of 19.32 is 15% below median its 10-year median of 22.71. Over the past 10 years, this metric has ranged from a low of 16.25 to a high of 37.90. The Beverages - Non-Alcoholic industry median Days Payable is 57.76. Carabao Group PCL's value of 19.32 is 66.6% below this industry median. Based on the distribution chart, Carabao Group PCL ranks #108 out of 113 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Carabao Group PCL has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carabao Group PCL's Days Payable compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Carabao Group PCL ranks #108 out of 113 companies for Days Payable. This places Carabao Group PCL in the lower half of its industry. The industry median Days Payable is 57.76. Carabao Group PCL's value of 19.32 is 66.6% below this benchmark. Historically, Carabao Group PCL's own Days Payable has ranged from 16.25 to 37.90 over the past decade. While the company's 10-year median is 22.71 vs. the industry median of 57.76, Carabao Group 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 Beverages - Non-Alcoholic company?
The median Days Payable among Beverages - Non-Alcoholic companies is 57.76, based on 113 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. Carabao Group PCL's current Days Payable of 19.32 is 66.6% 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 Carabao Group PCL and its competitors. For the Beverages - Non-Alcoholic industry, the median Days Payable is 57.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carabao Group PCL's current Days Payable is 19.32, which is 15% below median its own 10-year median of 22.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carabao Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Carabao Group PCL (BKK:CBG) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿76.68, compared to a current price of ฿48.50 — trading 36.8% below its estimated fair value. The current Days Payable is 19.32, which is 15% below median its 10-year median of 22.71 and 66.6% below the Beverages - Non-Alcoholic industry median of 57.76. Carabao Group PCL's overall GF Score™ is 84/100 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 Carabao Group PCL (BKK:CBG), the current Days Payable is 19.32 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 Carabao Group PCL (BKK:CBG) Overvalued in 2026?

Based on GuruFocus' analysis, Carabao Group PCL stock appears to be undervalued. The current stock price of ฿48.50 is trading 36.8% below its estimated GF Value™ of ฿76.68. GuruFocus considers Carabao Group PCL to be Significantly Undervalued.

Key valuation signals for BKK:CBG:

  • Days Payable: 19.32 (15% below median its 10-year median of 22.71)
  • GF Value™: ฿76.68 vs. price of ฿48.50 (36.8% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 66.6% below the Beverages - Non-Alcoholic median (#108 of 113)

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


Carabao Group PCL Business Description

Other Exchanges CBG-F:Thailand
Address Silom Road, 393 Silom Building, 393, 7th - 10th Floor, Silom, Bangrak, Bangkok, THA, 10500
Carabao Group PCL manufactures and distributes energy drinks, water, and coffee under different brand names through its subsidiaries. It operates in three reportable segments: Manufacture and distribution of drinks under Group's trademark, Distribution of OEM products under Group's trademark, and Distribution of other products. A majority of the company's revenue is generated from the Manufacture and distribution of drinks under Group's trademark segment, which manufactures and sells carbonated and non-carbonated energy drinks, coffee, sports drinks, and vitamin-C drinks through Carabao and Woody C plus brands. Geographically, the company generates maximum revenue from the domestic market, and the rest from overseas markets like the United Kingdom, and other regions.
84GF Score

Get the complete analysis for BKK:CBG

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

฿48.50
Price
฿76.68
GF Value