Triple i Logistics PCL (BKK:III) Days Payable: 30.41 (As of Mar. 2026) — 18% Below Median


BKK:III Triple i Logistics PCL BKK:III
76 GF Score
Price ฿4.30
GF Value ฿6.59
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Triple i Logistics PCL Days Payable?

Triple i Logistics PCL BKK:III +0.47% 76 Days Payable is 30.41 as of Mar. 2026, which is 18% below its 10-year median of 37.26. GuruFocus rates BKK:III with a GF Score™ of 76/100 and a GF Value™ of ฿6.59 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 966 Transportation companies, Triple i Logistics PCL ranks worse than 72.67% on this metric.

Triple i Logistics PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿164 Mil. Triple i Logistics PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿493 Mil. Hence, Triple i Logistics PCL's Days Payable for the three months ended in Mar. 2026 was 30.41.

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

BKK:III' s Days Payable Range Over the Past 10 Years
Min: 24.01   Med: 37.26   Max: 110.18
Current: 24.01

During the past 12 years, Triple i Logistics PCL's highest Days Payable was 110.18. The lowest was 24.01. And the median was 37.26.

BKK:III's Days Payable is ranked worse than
72.67% of 966 companies
in the Transportation industry
Industry Median: 39.085 vs BKK:III: 24.01

Triple i Logistics PCL's Days Payable declined from Mar. 2025 (35.58) to Mar. 2026 (30.41). It may suggest that Triple i Logistics PCL accelerated paying its suppliers.


Triple i Logistics PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Triple i Logistics 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.

Triple i Logistics PCL Days Payable Chart

Triple i Logistics 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 37.13 34.15 32.13 34.10 38.50

Triple i Logistics 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 35.58 20.47 24.07 24.46 30.41

BKK:III vs UPS, FDX, JBHT: Days Payable Comparison

For the Integrated Freight & Logistics subindustry, Triple i Logistics 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.


Triple i Logistics PCL Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Triple i Logistics PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Triple i Logistics PCL's Days Payable falls into.


BKK:III
76GF Score
Triple i Logistics PCL BKK:III
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Triple i Logistics 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.

Triple i Logistics 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
=( (234.564 + 190.885) / 2 ) / 2016.987*365
=212.7245 / 2016.987*365
=38.50

Triple i Logistics 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
=( (190.885 + 137.758) / 2 ) / 493.019*365 / 4
=164.3215 / 493.019*365 / 4
=30.41

* 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 30.41 mean?
Triple i Logistics PCL (BKK:III) has a Days Payable of 30.41 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 Triple i Logistics PCL and its competitors. This is 18% below median its historical median of 37.26. Over the past decade, Triple i Logistics PCL's Days Payable has ranged from 24.01 to 110.18. According to the industry distribution chart, Triple i Logistics PCL ranks #702 out of 966 companies in the Transportation industry, placing it in the top 72.7%.
Is Triple i Logistics PCL's Days Payable too high?
Triple i Logistics PCL's current Days Payable of 30.41 is 18% below median its 10-year median of 37.26. Over the past 10 years, this metric has ranged from a low of 24.01 to a high of 110.18. The Transportation industry median Days Payable is 39.09. Triple i Logistics PCL's value of 30.41 is 22.2% below this industry median. Based on the distribution chart, Triple i Logistics PCL ranks #702 out of 966 companies in the Transportation industry, which is below the industry midpoint. Overall, Triple i Logistics PCL has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Triple i Logistics PCL's Days Payable compare to UPS and FDX?
According to the Transportation industry distribution chart, Triple i Logistics PCL ranks #702 out of 966 companies for Days Payable. This places Triple i Logistics PCL in the lower half of its industry. The industry median Days Payable is 39.09. Triple i Logistics PCL's value of 30.41 is 22.2% below this benchmark. Historically, Triple i Logistics PCL's own Days Payable has ranged from 24.01 to 110.18 over the past decade. While the company's 10-year median is 37.26 vs. the industry median of 39.09, Triple i Logistics 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 Transportation company?
The median Days Payable among Transportation companies is 39.09, based on 966 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. Triple i Logistics PCL's current Days Payable of 30.41 is 22.2% 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 Triple i Logistics PCL and its competitors. For the Transportation industry, the median Days Payable is 39.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Triple i Logistics PCL's current Days Payable is 30.41, which is 18% below median its own 10-year median of 37.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triple i Logistics PCL stock overvalued right now?
Based on GuruFocus' analysis, Triple i Logistics PCL (BKK:III) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿6.59, compared to a current price of ฿4.30 — trading 34.7% below its estimated fair value. The current Days Payable is 30.41, which is 18% below median its 10-year median of 37.26 and 22.2% below the Transportation industry median of 39.09. Triple i Logistics PCL's overall GF Score™ is 76/100 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 Triple i Logistics PCL (BKK:III), the current Days Payable is 30.41 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 Triple i Logistics PCL (BKK:III) Overvalued in 2026?

Based on GuruFocus' analysis, Triple i Logistics PCL stock appears to be undervalued. The current stock price of ฿4.30 is trading 34.7% below its estimated GF Value™ of ฿6.59. GuruFocus considers Triple i Logistics PCL to be Significantly Undervalued.

Key valuation signals for BKK:III:

  • Days Payable: 30.41 (18% below median its 10-year median of 37.26)
  • GF Value™: ฿6.59 vs. price of ฿4.30 (34.7% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 22.2% below the Transportation median (#702 of 966)

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


Triple i Logistics PCL Business Description

Address Nonsee Road, 628, Triple i Building, 3rd Floor, Soi Klab Chom, Chongnonsee, Yannawa, Bangkok, THA, 10120
Triple i Logistics PCL is a logistics service provider in Thailand. The company's reportable segments include Air Freight, Logistics Management, and Logistics for Chemical and Hazardous Goods. The Air Freight segment operates as an air freight forwarder for both domestic and international routes and provides related airport warehouse management services. The Logistics Management segment provides integrated logistics services by air, inland, and sea for domestic and overseas transportation. The Logistics for Chemical and Hazardous Goods segment offers logistics solutions for sea, air, rail, and inland transport, including warehouse management and distribution services for chemical and hazardous materials. It generates the majority of its revenue from the Air Freight segment.
76GF Score

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

฿4.30
Price
฿6.59
GF Value