The Erawan Group PCL (BKK:ERW) Days Payable: 26.62 (As of Mar. 2026) — 35% Below Median


BKK:ERW The Erawan Group PCL BKK:ERW
84 GF Score
Price ฿3.04
GF Value ฿4.04
Valuation Modestly Undervalued
! 11 Warning Signs
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What is The Erawan Group PCL Days Payable?

The Erawan Group PCL BKK:ERW +2.01% 84 Days Payable is 26.62 as of Mar. 2026, which is 35% below its 10-year median of 41.08. GuruFocus rates BKK:ERW with a GF Score™ of 84/100 and a GF Value™ of ฿4.04 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 780 Travel & Leisure companies, The Erawan Group PCL ranks worse than 79.36% on this metric.

The Erawan Group PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿250 Mil. The Erawan Group PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿858 Mil. Hence, The Erawan Group PCL's Days Payable for the three months ended in Mar. 2026 was 26.62.

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

BKK:ERW' s Days Payable Range Over the Past 10 Years
Min: 22.43   Med: 41.08   Max: 69.34
Current: 22.43

During the past 13 years, The Erawan Group PCL's highest Days Payable was 69.34. The lowest was 22.43. And the median was 41.08.

BKK:ERW's Days Payable is ranked worse than
79.36% of 780 companies
in the Travel & Leisure industry
Industry Median: 57.215 vs BKK:ERW: 22.43

The Erawan Group PCL's Days Payable declined from Mar. 2025 (27.86) to Mar. 2026 (26.62). It may suggest that The Erawan Group PCL accelerated paying its suppliers.


The Erawan Group PCL Days Payable Historical Data

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The historical data trend for The Erawan 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.

The Erawan Group PCL Days Payable Chart

The Erawan 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 63.10 40.95 35.22 35.12 36.64

The Erawan 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 27.86 18.95 19.05 27.33 26.62

BKK:ERW vs MAR, HLT, H: Days Payable Comparison

For the Lodging subindustry, The Erawan 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.


The Erawan Group PCL Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Erawan Group PCL's Days Payable distribution charts can be found below:

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


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

The Erawan 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.

The Erawan 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
=( (335.83 + 319.685) / 2 ) / 3265.027*365
=327.7575 / 3265.027*365
=36.64

The Erawan 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
=( (319.685 + 180.589) / 2 ) / 857.501*365 / 4
=250.137 / 857.501*365 / 4
=26.62

* 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 26.62 mean?
The Erawan Group PCL (BKK:ERW) has a Days Payable of 26.62 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 The Erawan Group PCL and its competitors. This is 35% below median its historical median of 41.08. Over the past decade, The Erawan Group PCL's Days Payable has ranged from 22.43 to 69.34. According to the industry distribution chart, The Erawan Group PCL ranks #619 out of 780 companies in the Travel & Leisure industry, placing it in the top 79.4%.
Is The Erawan Group PCL's Days Payable too high?
The Erawan Group PCL's current Days Payable of 26.62 is 35% below median its 10-year median of 41.08. Over the past 10 years, this metric has ranged from a low of 22.43 to a high of 69.34. The Travel & Leisure industry median Days Payable is 57.22. The Erawan Group PCL's value of 26.62 is 53.5% below this industry median. Based on the distribution chart, The Erawan Group PCL ranks #619 out of 780 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, The Erawan Group PCL has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Erawan Group PCL's Days Payable compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, The Erawan Group PCL ranks #619 out of 780 companies for Days Payable. This places The Erawan Group PCL in the lower half of its industry. The industry median Days Payable is 57.22. The Erawan Group PCL's value of 26.62 is 53.5% below this benchmark. Historically, The Erawan Group PCL's own Days Payable has ranged from 22.43 to 69.34 over the past decade. While the company's 10-year median is 41.08 vs. the industry median of 57.22, The Erawan 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 57.22, based on 780 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. The Erawan Group PCL's current Days Payable of 26.62 is 53.5% 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 The Erawan Group PCL and its competitors. For the Travel & Leisure industry, the median Days Payable is 57.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Erawan Group PCL's current Days Payable is 26.62, which is 35% below median its own 10-year median of 41.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Erawan Group PCL stock overvalued right now?
Based on GuruFocus' analysis, The Erawan Group PCL (BKK:ERW) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿4.04, compared to a current price of ฿3.04 — trading 24.8% below its estimated fair value. The current Days Payable is 26.62, which is 35% below median its 10-year median of 41.08 and 53.5% below the Travel & Leisure industry median of 57.22. The Erawan Group PCL's overall GF Score™ is 84/100 with 11 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 The Erawan Group PCL (BKK:ERW), the current Days Payable is 26.62 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 The Erawan Group PCL (BKK:ERW) Overvalued in 2026?

Based on GuruFocus' analysis, The Erawan Group PCL stock appears to be undervalued. The current stock price of ฿3.04 is trading 24.8% below its estimated GF Value™ of ฿4.04. GuruFocus considers The Erawan Group PCL to be Modestly Undervalued.

Key valuation signals for BKK:ERW:

  • Days Payable: 26.62 (35% below median its 10-year median of 41.08)
  • GF Value™: ฿4.04 vs. price of ฿3.04 (24.8% below fair value)
  • GF Score™: 84/100 with 11 warning signs
  • Industry Position: 53.5% below the Travel & Leisure median (#619 of 780)

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


The Erawan Group PCL Business Description

Address 2 Sukhumvit Road, Ploenchit Center Building, 6th Floor, Klong Toey District, Bangkok, THA, 10110
The Erawan Group PCL is a company that focuses on investing in various companies, engaged in the hotel business and in building rental business. The company operates two business segments: Hotel business segment, which consists of Grand Hyatt Erawan Bangkok, JW Marriott Bangkok, The Naka Island, a Luxury Collection Resort and Spa, Phuket, Renaissance Koh Samui Resort and Spa, Courtyard by Marriott Bangkok, Holiday Inn Pattaya, Mercure Bangkok Siam and Ibis Hotels; and the Rental and management building business segment including Erawan Bangkok, which is a boutique mall to the center of Bangkok's business and commercial district and Ploenchit Center, which is an office building with retail shops and international restaurants. The majority of the revenue is generated from its Hotel business.
84GF Score

Get the complete analysis for BKK:ERW

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

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