Thai Ha PCL (BKK:KASET) Days Payable: 38.06 (As of Mar. 2026) — Near Median


BKK:KASET Thai Ha PCL BKK:KASET
25 GF Score
Price ฿0.68
GF Value ฿0.60
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Thai Ha PCL Days Payable?

Thai Ha PCL BKK:KASET +1.49% 25 Days Payable is 38.06 as of Mar. 2026, which is 9% below its 10-year median of 41.72. GuruFocus rates BKK:KASET with a GF Score™ of 25/100 and a GF Value™ of ฿0.60 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,881 Consumer Packaged Goods companies, Thai Ha PCL ranks worse than 64.81% on this metric.

Thai Ha PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿28.6 Mil. Thai Ha PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿68.5 Mil. Hence, Thai Ha PCL's Days Payable for the three months ended in Mar. 2026 was 38.06.

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

BKK:KASET' s Days Payable Range Over the Past 10 Years
Min: 27.36   Med: 41.72   Max: 76.19
Current: 33.39

During the past 13 years, Thai Ha PCL's highest Days Payable was 76.19. The lowest was 27.36. And the median was 41.72.

BKK:KASET's Days Payable is ranked worse than
64.81% of 1881 companies
in the Consumer Packaged Goods industry
Industry Median: 43.96 vs BKK:KASET: 33.39

Thai Ha PCL's Days Payable increased from Mar. 2025 (36.26) to Mar. 2026 (38.06). It may suggest that Thai Ha PCL delayed paying its suppliers.


Thai Ha PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Thai Ha 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.

Thai Ha PCL Days Payable Chart

Thai Ha 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 55.62 76.19 52.42 41.93 45.01

Thai Ha 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 36.26 29.22 36.39 31.96 38.06

BKK:KASET vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Thai Ha 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.


Thai Ha PCL Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Ha PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Thai Ha PCL's Days Payable falls into.


BKK:KASET
25GF Score
Thai Ha PCL BKK:KASET
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Ha 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.

Thai Ha 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
=( (32.898 + 35.462) / 2 ) / 277.179*365
=34.18 / 277.179*365
=45.01

Thai Ha 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
=( (35.462 + 21.709) / 2 ) / 68.542*365 / 4
=28.5855 / 68.542*365 / 4
=38.06

* 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 38.06 mean?
Thai Ha PCL (BKK:KASET) has a Days Payable of 38.06 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 Thai Ha PCL and its competitors. This is near median its historical median of 41.72. Over the past decade, Thai Ha PCL's Days Payable has ranged from 27.36 to 76.19. According to the industry distribution chart, Thai Ha PCL ranks #1219 out of 1881 companies in the Consumer Packaged Goods industry, placing it in the top 64.8%.
Is Thai Ha PCL's Days Payable too high?
Thai Ha PCL's current Days Payable of 38.06 is near median its 10-year median of 41.72. Over the past 10 years, this metric has ranged from a low of 27.36 to a high of 76.19. The Consumer Packaged Goods industry median Days Payable is 43.96. Thai Ha PCL's value of 38.06 is 13.4% below this industry median. Based on the distribution chart, Thai Ha PCL ranks #1219 out of 1881 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Thai Ha PCL has a GF Score™ of 25/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Ha PCL's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Thai Ha PCL ranks #1219 out of 1881 companies for Days Payable. This places Thai Ha PCL in the lower half of its industry. The industry median Days Payable is 43.96. Thai Ha PCL's value of 38.06 is 13.4% below this benchmark. Historically, Thai Ha PCL's own Days Payable has ranged from 27.36 to 76.19 over the past decade. While the company's 10-year median is 41.72 vs. the industry median of 43.96, Thai Ha 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 43.96, based on 1,881 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. Thai Ha PCL's current Days Payable of 38.06 is 13.4% 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 Thai Ha PCL and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Ha PCL's current Days Payable is 38.06, which is near median its own 10-year median of 41.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Ha PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Ha PCL (BKK:KASET) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.60, compared to a current price of ฿0.68 — trading 13.3% above its estimated fair value. The current Days Payable is 38.06, which is near median its 10-year median of 41.72 and 13.4% below the Consumer Packaged Goods industry median of 43.96. Thai Ha PCL's overall GF Score™ is 25/100 with 8 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 Thai Ha PCL (BKK:KASET), the current Days Payable is 38.06 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 Thai Ha PCL (BKK:KASET) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Ha PCL stock appears to be overvalued. The current stock price of ฿0.68 is trading 13.3% above its estimated GF Value™ of ฿0.60. GuruFocus considers Thai Ha PCL to be Modestly Overvalued.

Key valuation signals for BKK:KASET:

  • Days Payable: 38.06 (near median its 10-year median of 41.72)
  • GF Value™: ฿0.60 vs. price of ฿0.68 (13.3% above fair value)
  • GF Score™: 25/100 with 8 warning signs
  • Industry Position: 13.4% below the Consumer Packaged Goods median (#1219 of 1881)

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


Thai Ha PCL Business Description

Address 140 Moo 5, Tambol Bangkratuek, Amphur Sampran, Nakornpathom, Bangkok, THA, 73210
Thai Ha PCL is engaged in the manufacture and distribution of agricultural products. It is also involved in the processing of agricultural products and instant products. The company produces and distributes Jasmine rice, beans and processed agricultural products such as Soybean oil, Bean thread vermicelli, and Vinegar under the brand Kaset and Smart Chef. The operating segment is manufacturing and merchandising segments of agricultural products and processed agricultural products and instant products. It derives maximum revenue from Manufacturing from export sales.
25GF Score

Get the complete analysis for BKK:KASET

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

฿0.68
Price
฿0.60
GF Value