Mahachai Hospital PCL (BKK:M-CHAI) Days Payable: 25.36 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:M-CHAI Mahachai Hospital PCL BKK:M-CHAI
73 GF Score
Price ฿19.40
GF Value ฿28.66
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Mahachai Hospital PCL Days Payable?

Mahachai Hospital PCL BKK:M-CHAI +0.52% 73 Days Payable is 25.36 as of Mar. 2026, which is 4% above its 10-year median of 24.30. GuruFocus rates BKK:M-CHAI with a GF Score™ of 73/100 and a GF Value™ of ฿28.66 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 609 Healthcare Providers & Services companies, Mahachai Hospital PCL ranks worse than 81.12% on this metric.

Mahachai Hospital PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿355 Mil. Mahachai Hospital PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿1,278 Mil. Hence, Mahachai Hospital PCL's Days Payable for the three months ended in Mar. 2026 was 25.36.

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

BKK:M-CHAI' s Days Payable Range Over the Past 10 Years
Min: 19.06   Med: 24.3   Max: 31.02
Current: 22.83

During the past 13 years, Mahachai Hospital PCL's highest Days Payable was 31.02. The lowest was 19.06. And the median was 24.30.

BKK:M-CHAI's Days Payable is ranked worse than
81.12% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 57.51 vs BKK:M-CHAI: 22.83

Mahachai Hospital PCL's Days Payable increased from Mar. 2025 (22.18) to Mar. 2026 (25.36). It may suggest that Mahachai Hospital PCL delayed paying its suppliers.


Mahachai Hospital PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Mahachai Hospital 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.

Mahachai Hospital PCL Days Payable Chart

Mahachai Hospital 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 20.93 19.06 21.16 20.96 22.84

Mahachai Hospital 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 22.18 21.92 22.14 21.84 25.36

BKK:M-CHAI vs HCA, THC, DVA: Days Payable Comparison

For the Medical Care Facilities subindustry, Mahachai Hospital 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.


Mahachai Hospital PCL Days Payable vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Mahachai Hospital PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Mahachai Hospital PCL's Days Payable falls into.


BKK:M-CHAI
73GF Score
Mahachai Hospital PCL BKK:M-CHAI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mahachai Hospital 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.

Mahachai Hospital 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
=( (305.853 + 347.009) / 2 ) / 5216.445*365
=326.431 / 5216.445*365
=22.84

Mahachai Hospital 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
=( (347.009 + 363.046) / 2 ) / 1277.662*365 / 4
=355.0275 / 1277.662*365 / 4
=25.36

* 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 25.36 mean?
Mahachai Hospital PCL (BKK:M-CHAI) has a Days Payable of 25.36 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 Mahachai Hospital PCL and its competitors. This is near median its historical median of 24.30. Over the past decade, Mahachai Hospital PCL's Days Payable has ranged from 19.06 to 31.02. According to the industry distribution chart, Mahachai Hospital PCL ranks #494 out of 609 companies in the Healthcare Providers & Services industry, placing it in the top 81.1%.
Is Mahachai Hospital PCL's Days Payable too high?
Mahachai Hospital PCL's current Days Payable of 25.36 is near median its 10-year median of 24.30. Over the past 10 years, this metric has ranged from a low of 19.06 to a high of 31.02. The Healthcare Providers & Services industry median Days Payable is 57.51. Mahachai Hospital PCL's value of 25.36 is 55.9% below this industry median. Based on the distribution chart, Mahachai Hospital PCL ranks #494 out of 609 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Mahachai Hospital PCL has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mahachai Hospital PCL's Days Payable compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Mahachai Hospital PCL ranks #494 out of 609 companies for Days Payable. This places Mahachai Hospital PCL in the lower half of its industry. The industry median Days Payable is 57.51. Mahachai Hospital PCL's value of 25.36 is 55.9% below this benchmark. Historically, Mahachai Hospital PCL's own Days Payable has ranged from 19.06 to 31.02 over the past decade. While the company's 10-year median is 24.30 vs. the industry median of 57.51, Mahachai Hospital 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 Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 57.51, based on 609 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. Mahachai Hospital PCL's current Days Payable of 25.36 is 55.9% 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 Mahachai Hospital PCL and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 57.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahachai Hospital PCL's current Days Payable is 25.36, which is near median its own 10-year median of 24.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahachai Hospital PCL stock overvalued right now?
Based on GuruFocus' analysis, Mahachai Hospital PCL (BKK:M-CHAI) is currently considered Possible Value Trap. The stock's GF Value™ is ฿28.66, compared to a current price of ฿19.40 — trading 32.3% below its estimated fair value. The current Days Payable is 25.36, which is near median its 10-year median of 24.30 and 55.9% below the Healthcare Providers & Services industry median of 57.51. Mahachai Hospital PCL's overall GF Score™ is 73/100 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 Mahachai Hospital PCL (BKK:M-CHAI), the current Days Payable is 25.36 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 Mahachai Hospital PCL (BKK:M-CHAI) Overvalued in 2026?

Based on GuruFocus' analysis, Mahachai Hospital PCL stock appears to be undervalued. The current stock price of ฿19.40 is trading 32.3% below its estimated GF Value™ of ฿28.66. GuruFocus considers Mahachai Hospital PCL to be Possible Value Trap.

Key valuation signals for BKK:M-CHAI:

  • Days Payable: 25.36 (near median its 10-year median of 24.30)
  • GF Value™: ฿28.66 vs. price of ฿19.40 (32.3% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 55.9% below the Healthcare Providers & Services median (#494 of 609)

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


Mahachai Hospital PCL Business Description

Address 927/43 K., Settakij 1 Road, Tambol Mahachai, Amphur Muang, Samut Sakhon, THA, 74000
Mahachai Hospital PCL is a Thailand-based company offering medical services. It operates in the hospital and medical trading business. The company is engaged in operating a private hospital under the name of Mahachai Hospital. It offers various medical services, including a urology clinic, blood and cancer clinic, surgery, obstetrics and gynecology, ear, nose, and throat clinic, general clinic, dental and implants center, skin and beauty center, and physical department. The company operates in Thailand only.
73GF Score

Get the complete analysis for BKK:M-CHAI

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

฿19.40
Price
฿28.66
GF Value