Ichitan Group PCL (BKK:ICHI-R) Days Payable: 32.46 (As of Mar. 2026) — Near Median


BKK:ICHI-R Ichitan Group PCL BKK:ICHI-R
94 GF Score
Price ฿10.60
GF Value ฿11.86
! 2 Warning Signs
View Full Analysis

What is Ichitan Group PCL Days Payable?

Ichitan Group PCL BKK:ICHI-R 94 Days Payable is 32.46 as of Mar. 2026, which is 9% above its 10-year median of 29.81. GuruFocus rates BKK:ICHI-R with a GF Score™ of 94/100 and a GF Value™ of ฿11.86. The stock has 2 warning signs investors should review. Among 114 Beverages - Non-Alcoholic companies, Ichitan Group PCL ranks worse than 81.58% on this metric.

Ichitan Group PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿521 Mil. Ichitan Group PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿1,464 Mil. Hence, Ichitan Group PCL's Days Payable for the three months ended in Mar. 2026 was 32.46.

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

BKK:ICHI-R' s Days Payable Range Over the Past 10 Years
Min: 26.09   Med: 29.81   Max: 34.1
Current: 33.2

During the past 13 years, Ichitan Group PCL's highest Days Payable was 34.10. The lowest was 26.09. And the median was 29.81.

BKK:ICHI-R's Days Payable is ranked worse than
81.58% of 114 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 58.47 vs BKK:ICHI-R: 33.20

Ichitan Group PCL's Days Payable declined from Mar. 2025 (39.39) to Mar. 2026 (32.46). It may suggest that Ichitan Group PCL accelerated paying its suppliers.


Ichitan Group PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Ichitan 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.

Ichitan Group PCL Days Payable Chart

Ichitan 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 28.20 29.83 33.52 34.10 31.91

Ichitan 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 39.39 32.57 35.01 33.20 32.46

BKK:ICHI-R vs KO, PEP, MNST: Days Payable Comparison

For the Beverages - Non-Alcoholic subindustry, Ichitan 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.


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

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

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


BKK:ICHI-R
94GF Score
Ichitan Group PCL BKK:ICHI-R
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ichitan 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.

Ichitan 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
=( (564.367 + 506.514) / 2 ) / 6124.494*365
=535.4405 / 6124.494*365
=31.91

Ichitan 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
=( (506.514 + 534.772) / 2 ) / 1463.8*365 / 4
=520.643 / 1463.8*365 / 4
=32.46

* 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 32.46 mean?
Ichitan Group PCL (BKK:ICHI-R) has a Days Payable of 32.46 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 Ichitan Group PCL and its competitors. This is near median its historical median of 29.81. Over the past decade, Ichitan Group PCL's Days Payable has ranged from 26.09 to 34.10. According to the industry distribution chart, Ichitan Group PCL ranks #93 out of 114 companies in the Beverages - Non-Alcoholic industry, placing it in the top 81.6%.
Is Ichitan Group PCL's Days Payable too high?
Ichitan Group PCL's current Days Payable of 32.46 is near median its 10-year median of 29.81. Over the past 10 years, this metric has ranged from a low of 26.09 to a high of 34.10. The Beverages - Non-Alcoholic industry median Days Payable is 58.47. Ichitan Group PCL's value of 32.46 is 44.5% below this industry median. Based on the distribution chart, Ichitan Group PCL ranks #93 out of 114 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Ichitan Group PCL has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Ichitan Group PCL's Days Payable compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Ichitan Group PCL ranks #93 out of 114 companies for Days Payable. This places Ichitan Group PCL in the lower half of its industry. The industry median Days Payable is 58.47. Ichitan Group PCL's value of 32.46 is 44.5% below this benchmark. Historically, Ichitan Group PCL's own Days Payable has ranged from 26.09 to 34.10 over the past decade. While the company's 10-year median is 29.81 vs. the industry median of 58.47, Ichitan 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 58.47, based on 114 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. Ichitan Group PCL's current Days Payable of 32.46 is 44.5% 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 Ichitan Group PCL and its competitors. For the Beverages - Non-Alcoholic industry, the median Days Payable is 58.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichitan Group PCL's current Days Payable is 32.46, which is near median its own 10-year median of 29.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichitan Group PCL stock overvalued right now?
Ichitan Group PCL (BKK:ICHI-R) has a current Days Payable of 32.46. The stock's GF Value™ is ฿11.86, compared to a current price of ฿10.60 — trading 10.6% below its estimated fair value. The current Days Payable is 32.46, which is near median its 10-year median of 29.81 and 44.5% below the Beverages - Non-Alcoholic industry median of 58.47. Ichitan Group PCL's overall GF Score™ is 94/100 with 2 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 Ichitan Group PCL (BKK:ICHI-R), the current Days Payable is 32.46 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 Ichitan Group PCL (BKK:ICHI-R) Overvalued in 2026?

Based on GuruFocus' analysis, Ichitan Group PCL stock appears to be undervalued. The current stock price of ฿10.60 is trading 10.6% below its estimated GF Value™ of ฿11.86.

Key valuation signals for BKK:ICHI-R:

  • Days Payable: 32.46 (near median its 10-year median of 29.81)
  • GF Value™: ฿11.86 vs. price of ฿10.60 (10.6% below fair value)
  • GF Score™: 94/100 with 2 warning signs
  • Industry Position: 44.5% below the Beverages - Non-Alcoholic median (#93 of 114)

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


Ichitan Group PCL Business Description

Other Exchanges ICHI:Thailand
Address Sukhumvit 40 Alley, No. 8 T-One Building, 42nd - 44th Floor, Phra Khanong Sub-District, Khlong Toei District, Bangkok, THA, 10110
Ichitan Group PCL manufactures and sells ready-to-drink tea beverages in Thailand. It manufactures and sells ready to drink green tea beverage, herbal drink, and low-sugar ready-to-drink tea beverage, under the brand name of Ichitan Green Tea. Majority of the revenue for the company is generated from Thailand and rest from overseas markets.
94GF Score

Get the complete analysis for BKK:ICHI-R

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

฿10.60
Price
฿11.86
GF Value