PM Thoresen Asia Holdings PCL (BKK:PMTA) Days Payable: 16.04 (As of Mar. 2026) — 31% Below Median

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BKK:PMTA PM Thoresen Asia Holdings PCL BKK:PMTA
66 GF Score
Price ฿9.60
GF Value ฿8.31
Valuation Modestly Overvalued
! 5 Warning Signs
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What is PM Thoresen Asia Holdings PCL Days Payable?

PM Thoresen Asia Holdings PCL BKK:PMTA 66 Days Payable is 16.04 as of Mar. 2026, which is 31% below its 10-year median of 23.18. GuruFocus rates BKK:PMTA with a GF Score™ of 66/100 and a GF Value™ of ฿8.31 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 245 Agriculture companies, PM Thoresen Asia Holdings PCL ranks worse than 85.31% on this metric.

PM Thoresen Asia Holdings PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿135 Mil. PM Thoresen Asia Holdings PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿766 Mil. Hence, PM Thoresen Asia Holdings PCL's Days Payable for the three months ended in Mar. 2026 was 16.04.

The historical rank and industry rank for PM Thoresen Asia Holdings PCL's Days Payable or its related term are showing as below:

BKK:PMTA' s Days Payable Range Over the Past 10 Years
Min: 16.94   Med: 23.18   Max: 32.4
Current: 21.19

During the past 12 years, PM Thoresen Asia Holdings PCL's highest Days Payable was 32.40. The lowest was 16.94. And the median was 23.18.

BKK:PMTA's Days Payable is ranked worse than
85.31% of 245 companies
in the Agriculture industry
Industry Median: 72.56 vs BKK:PMTA: 21.19

PM Thoresen Asia Holdings PCL's Days Payable declined from Mar. 2025 (17.20) to Mar. 2026 (16.04). It may suggest that PM Thoresen Asia Holdings PCL accelerated paying its suppliers.


PM Thoresen Asia Holdings PCL Days Payable Historical Data

* Premium members only.

The historical data trend for PM Thoresen Asia Holdings 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.

PM Thoresen Asia Holdings PCL Days Payable Chart

PM Thoresen Asia Holdings 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 22.57 21.84 21.36 20.15 16.94

PM Thoresen Asia Holdings 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 17.20 23.55 33.22 18.02 16.04

BKK:PMTA vs CTVA, CF, MOS: Days Payable Comparison

For the Agricultural Inputs subindustry, PM Thoresen Asia Holdings 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.


PM Thoresen Asia Holdings PCL Days Payable vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, PM Thoresen Asia Holdings PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where PM Thoresen Asia Holdings PCL's Days Payable falls into.


BKK:PMTA
66GF Score
PM Thoresen Asia Holdings PCL BKK:PMTA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PM Thoresen Asia Holdings 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.

PM Thoresen Asia Holdings 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
=( (159.912 + 136.913) / 2 ) / 3198.083*365
=148.4125 / 3198.083*365
=16.94

PM Thoresen Asia Holdings 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
=( (136.913 + 132.404) / 2 ) / 766.109*365 / 4
=134.6585 / 766.109*365 / 4
=16.04

* 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 16.04 mean?
PM Thoresen Asia Holdings PCL (BKK:PMTA) has a Days Payable of 16.04 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 PM Thoresen Asia Holdings PCL and its competitors. This is 31% below median its historical median of 23.18. Over the past decade, PM Thoresen Asia Holdings PCL's Days Payable has ranged from 16.94 to 32.40. According to the industry distribution chart, PM Thoresen Asia Holdings PCL ranks #209 out of 245 companies in the Agriculture industry, placing it in the top 85.3%.
Is PM Thoresen Asia Holdings PCL's Days Payable too high?
PM Thoresen Asia Holdings PCL's current Days Payable of 16.04 is 31% below median its 10-year median of 23.18. Over the past 10 years, this metric has ranged from a low of 16.94 to a high of 32.40. The Agriculture industry median Days Payable is 72.56. PM Thoresen Asia Holdings PCL's value of 16.04 is 77.9% below this industry median. Based on the distribution chart, PM Thoresen Asia Holdings PCL ranks #209 out of 245 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, PM Thoresen Asia Holdings PCL has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PM Thoresen Asia Holdings PCL's Days Payable compare to CTVA and CF?
According to the Agriculture industry distribution chart, PM Thoresen Asia Holdings PCL ranks #209 out of 245 companies for Days Payable. This places PM Thoresen Asia Holdings PCL in the lower half of its industry. The industry median Days Payable is 72.56. PM Thoresen Asia Holdings PCL's value of 16.04 is 77.9% below this benchmark. Historically, PM Thoresen Asia Holdings PCL's own Days Payable has ranged from 16.94 to 32.40 over the past decade. While the company's 10-year median is 23.18 vs. the industry median of 72.56, PM Thoresen Asia Holdings 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 an Agriculture company?
The median Days Payable among Agriculture companies is 72.56, based on 245 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. PM Thoresen Asia Holdings PCL's current Days Payable of 16.04 is 77.9% 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 PM Thoresen Asia Holdings PCL and its competitors. For the Agriculture industry, the median Days Payable is 72.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PM Thoresen Asia Holdings PCL's current Days Payable is 16.04, which is 31% below median its own 10-year median of 23.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PM Thoresen Asia Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, PM Thoresen Asia Holdings PCL (BKK:PMTA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿8.31, compared to a current price of ฿9.60 — trading 15.5% above its estimated fair value. The current Days Payable is 16.04, which is 31% below median its 10-year median of 23.18 and 77.9% below the Agriculture industry median of 72.56. PM Thoresen Asia Holdings PCL's overall GF Score™ is 66/100 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 PM Thoresen Asia Holdings PCL (BKK:PMTA), the current Days Payable is 16.04 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 PM Thoresen Asia Holdings PCL (BKK:PMTA) Overvalued in 2026?

Based on GuruFocus' analysis, PM Thoresen Asia Holdings PCL stock appears to be overvalued. The current stock price of ฿9.60 is trading 15.5% above its estimated GF Value™ of ฿8.31. GuruFocus considers PM Thoresen Asia Holdings PCL to be Modestly Overvalued.

Key valuation signals for BKK:PMTA:

  • Days Payable: 16.04 (31% below median its 10-year median of 23.18)
  • GF Value™: ฿8.31 vs. price of ฿9.60 (15.5% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 77.9% below the Agriculture median (#209 of 245)

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


PM Thoresen Asia Holdings PCL Business Description

Address Soi Chidlom, Ploenchit Road, 26/26-27 Orakarn Building, 8th Floor, Lumpinee, Pathumwan, Bangkok, THA, 10330
PM Thoresen Asia Holdings PCL along with its subsidiaries is engaged in the manufacturing of nitrogen-phosphorus-potassium (NPK) synthesized chemical and micro-element fertilizers, distribution of new seeds and agricultural materials, as well as manufacture, import, and export of plant protection chemicals and macronutrient products. It has two products segments: Manufacture of Fertilizer and crop care products and Factory area management services. The company earns majority of its revenue through the manufacture of fertilizer and crop care products. It has a business presence in Vietnam and other countries.
66GF Score

Get the complete analysis for BKK:PMTA

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

฿9.60
Price
฿8.31
GF Value