Country Group Holdings PCL (BKK:CGH) Days Payable: 149.04 (As of Mar. 2026) — 62% Below Median

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BKK:CGH Country Group Holdings PCL BKK:CGH
40 GF Score
Price ฿0.55
GF Value ฿0.58
Valuation Fairly Valued
! 6 Warning Signs
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What is Country Group Holdings PCL Days Payable?

Country Group Holdings PCL BKK:CGH 40 Days Payable is 149.04 as of Mar. 2026, which is 62% below its 10-year median of 389.70. GuruFocus rates BKK:CGH with a GF Score™ of 40/100 and a GF Value™ of ฿0.58 (Fairly Valued). The stock has 6 warning signs investors should review. Among 540 Capital Markets companies, Country Group Holdings PCL ranks better than 60.93% on this metric.

Country Group Holdings PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿498 Mil. Country Group Holdings PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿305 Mil. Hence, Country Group Holdings PCL's Days Payable for the three months ended in Mar. 2026 was 149.04.

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

BKK:CGH' s Days Payable Range Over the Past 10 Years
Min: 99.07   Med: 389.7   Max: 1332.7
Current: 192.48

During the past 13 years, Country Group Holdings PCL's highest Days Payable was 1332.70. The lowest was 99.07. And the median was 389.70.

BKK:CGH's Days Payable is ranked better than
60.93% of 540 companies
in the Capital Markets industry
Industry Median: 92.28 vs BKK:CGH: 192.48

Country Group Holdings PCL's Days Payable increased from Mar. 2025 (146.07) to Mar. 2026 (149.04). It may suggest that Country Group Holdings PCL delayed paying its suppliers.


Country Group Holdings PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Country Group Holdings 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.

Country Group Holdings PCL Days Payable Chart

Country Group Holdings 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 402.73 376.67 283.55 190.94 99.07

Country Group Holdings 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 146.07 221.51 218.52 167.91 149.04

BKK:CGH vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, Country Group Holdings 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.


Country Group Holdings PCL Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Country Group Holdings PCL's Days Payable distribution charts can be found below:

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


BKK:CGH
40GF Score
Country Group Holdings PCL BKK:CGH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Country Group Holdings 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.

Country Group Holdings 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
=( (339.734 + 264.3) / 2 ) / 1112.667*365
=302.017 / 1112.667*365
=99.07

Country Group Holdings 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
=( (264.3 + 732.296) / 2 ) / 305.091*365 / 4
=498.298 / 305.091*365 / 4
=149.04

* 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 149.04 mean?
Country Group Holdings PCL (BKK:CGH) has a Days Payable of 149.04 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 Country Group Holdings PCL and its competitors. This is 62% below median its historical median of 389.70. Over the past decade, Country Group Holdings PCL's Days Payable has ranged from 99.07 to 1,332.70. According to the industry distribution chart, Country Group Holdings PCL ranks #211 out of 540 companies in the Capital Markets industry, placing it in the top 39.1%.
Is Country Group Holdings PCL's Days Payable too high?
Country Group Holdings PCL's current Days Payable of 149.04 is 62% below median its 10-year median of 389.70. Over the past 10 years, this metric has ranged from a low of 99.07 to a high of 1,332.70. The Capital Markets industry median Days Payable is 92.28. Country Group Holdings PCL's value of 149.04 is 61.5% above this industry median. Based on the distribution chart, Country Group Holdings PCL ranks #211 out of 540 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Country Group Holdings PCL has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Country Group Holdings PCL's Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Country Group Holdings PCL ranks #211 out of 540 companies for Days Payable. This puts Country Group Holdings PCL in the upper half of its industry. The industry median Days Payable is 92.28. Country Group Holdings PCL's value of 149.04 is 61.5% above this benchmark. Historically, Country Group Holdings PCL's own Days Payable has ranged from 99.07 to 1,332.70 over the past decade. While the company's 10-year median is 389.70 vs. the industry median of 92.28, Country Group Holdings 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 92.28, based on 540 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. Country Group Holdings PCL's current Days Payable of 149.04 is 61.5% 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 Country Group Holdings PCL and its competitors. For the Capital Markets industry, the median Days Payable is 92.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Country Group Holdings PCL's current Days Payable is 149.04, which is 62% below median its own 10-year median of 389.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Country Group Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Country Group Holdings PCL (BKK:CGH) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.58, compared to a current price of ฿0.55 — trading 5.2% below its estimated fair value. The current Days Payable is 149.04, which is 62% below median its 10-year median of 389.70 and 61.5% above the Capital Markets industry median of 92.28. Country Group Holdings PCL's overall GF Score™ is 40/100 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 Country Group Holdings PCL (BKK:CGH), the current Days Payable is 149.04 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 Country Group Holdings PCL (BKK:CGH) Overvalued in 2026?

Based on GuruFocus' analysis, Country Group Holdings PCL stock appears to be undervalued. The current stock price of ฿0.55 is trading 5.2% below its estimated GF Value™ of ฿0.58. GuruFocus considers Country Group Holdings PCL to be Fairly Valued.

Key valuation signals for BKK:CGH:

  • Days Payable: 149.04 (62% below median its 10-year median of 389.70)
  • GF Value™: ฿0.58 vs. price of ฿0.55 (5.2% below fair value)
  • GF Score™: 40/100 with 6 warning signs
  • Industry Position: 61.5% above the Capital Markets median (#211 of 540)

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


Country Group Holdings PCL Business Description

Address Wireless Road, No. 132, Sindhorn Tower 3, 20th Floor, Lumpini Sub District, Pathumwan District, Bangkok, THA, 10330
Country Group Holdings PCL is principally engaged in investment in potential securities. The company has four operating segments that are Securities and Derivatives brokerage which is the key revenue-generating segment; Investment Banking; and securities and derivatives trading segment, Investment banking segment, and Comprising the Group's digital assets trading. The company derives revenue through brokerage fees, service income, and Interest on margin loans. The company's operations are carried out in Thailand.
40GF Score

Get the complete analysis for BKK:CGH

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

฿0.55
Price
฿0.58
GF Value