Royal Plus PCL (BKK:PLUS) Days Payable: 34.97 (As of Mar. 2026) — 18% Below Median


BKK:PLUS Royal Plus PCL BKK:PLUS
61 GF Score
Price ฿1.32
GF Value ฿4.74
Valuation Possible Value Trap
! 7 Warning Signs
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What is Royal Plus PCL Days Payable?

Royal Plus PCL BKK:PLUS -2.94% 61 Days Payable is 34.97 as of Mar. 2026, which is 18% below its 10-year median of 42.64. GuruFocus rates BKK:PLUS with a GF Score™ of 61/100 and a GF Value™ of ฿4.74 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 113 Beverages - Non-Alcoholic companies, Royal Plus PCL ranks worse than 70.8% on this metric.

Royal Plus PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿95 Mil. Royal Plus PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿248 Mil. Hence, Royal Plus PCL's Days Payable for the three months ended in Mar. 2026 was 34.97.

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

BKK:PLUS' s Days Payable Range Over the Past 10 Years
Min: 28.05   Med: 42.64   Max: 53.1
Current: 39.6

During the past 6 years, Royal Plus PCL's highest Days Payable was 53.10. The lowest was 28.05. And the median was 42.64.

BKK:PLUS's Days Payable is ranked worse than
70.8% of 113 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 57.76 vs BKK:PLUS: 39.60

Royal Plus PCL's Days Payable declined from Mar. 2025 (38.92) to Mar. 2026 (34.97). It may suggest that Royal Plus PCL accelerated paying its suppliers.


Royal Plus PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Royal Plus 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.

Royal Plus PCL Days Payable Chart

Royal Plus PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 53.10 34.80 44.64 40.64 28.05

Royal Plus 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 38.92 36.46 48.23 39.85 34.97

BKK:PLUS vs KO, PEP, MNST: Days Payable Comparison

For the Beverages - Non-Alcoholic subindustry, Royal Plus 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.


Royal Plus PCL Days Payable vs Beverages - Non-Alcoholic Industry

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

* The bar in red indicates where Royal Plus PCL's Days Payable falls into.


BKK:PLUS
61GF Score
Royal Plus PCL BKK:PLUS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Royal Plus 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.

Royal Plus 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
=( (99.834 + 79.831) / 2 ) / 1168.795*365
=89.8325 / 1168.795*365
=28.05

Royal Plus 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
=( (79.831 + 110.617) / 2 ) / 248.471*365 / 4
=95.224 / 248.471*365 / 4
=34.97

* 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 34.97 mean?
Royal Plus PCL (BKK:PLUS) has a Days Payable of 34.97 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 Royal Plus PCL and its competitors. This is 18% below median its historical median of 42.64. Over the past decade, Royal Plus PCL's Days Payable has ranged from 28.05 to 53.10. According to the industry distribution chart, Royal Plus PCL ranks #80 out of 113 companies in the Beverages - Non-Alcoholic industry, placing it in the top 70.8%.
Is Royal Plus PCL's Days Payable too high?
Royal Plus PCL's current Days Payable of 34.97 is 18% below median its 10-year median of 42.64. Over the past 10 years, this metric has ranged from a low of 28.05 to a high of 53.10. The Beverages - Non-Alcoholic industry median Days Payable is 57.76. Royal Plus PCL's value of 34.97 is 39.5% below this industry median. Based on the distribution chart, Royal Plus PCL ranks #80 out of 113 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Royal Plus PCL has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Royal Plus PCL's Days Payable compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Royal Plus PCL ranks #80 out of 113 companies for Days Payable. This places Royal Plus PCL in the lower half of its industry. The industry median Days Payable is 57.76. Royal Plus PCL's value of 34.97 is 39.5% below this benchmark. Historically, Royal Plus PCL's own Days Payable has ranged from 28.05 to 53.10 over the past decade. While the company's 10-year median is 42.64 vs. the industry median of 57.76, Royal Plus 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 57.76, based on 113 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. Royal Plus PCL's current Days Payable of 34.97 is 39.5% 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 Royal Plus PCL and its competitors. For the Beverages - Non-Alcoholic industry, the median Days Payable is 57.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Plus PCL's current Days Payable is 34.97, which is 18% below median its own 10-year median of 42.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Plus PCL stock overvalued right now?
Based on GuruFocus' analysis, Royal Plus PCL (BKK:PLUS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿4.74, compared to a current price of ฿1.32 — trading 72.2% below its estimated fair value. The current Days Payable is 34.97, which is 18% below median its 10-year median of 42.64 and 39.5% below the Beverages - Non-Alcoholic industry median of 57.76. Royal Plus PCL's overall GF Score™ is 61/100 with 7 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 Royal Plus PCL (BKK:PLUS), the current Days Payable is 34.97 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 Royal Plus PCL (BKK:PLUS) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Plus PCL stock appears to be undervalued. The current stock price of ฿1.32 is trading 72.2% below its estimated GF Value™ of ฿4.74. GuruFocus considers Royal Plus PCL to be Possible Value Trap.

Key valuation signals for BKK:PLUS:

  • Days Payable: 34.97 (18% below median its 10-year median of 42.64)
  • GF Value™: ฿4.74 vs. price of ฿1.32 (72.2% below fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 39.5% below the Beverages - Non-Alcoholic median (#80 of 113)

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


Royal Plus PCL Business Description

Address No. 84 / 3-7 Rama 2 Road, Soi 69, Samae Dam Sub-district, Bang Khun Thian District, Bangkok, THA, 10150
Royal Plus PCL principal activities are the manufacture and distribution of beverages, fruit juice, fruit juice with basil seeds, fruit juice with chia seeds, coconut milk, and soy milk and other general beverages. The company operates in America, Asia, Middle East, Thailand and Others. It derives its majority revenue from America.
61GF Score

Get the complete analysis for BKK:PLUS

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

฿1.32
Price
฿4.74
GF Value