Siam Wellness Group PCL (BKK:SPA) Days Payable: 23.81 (As of Mar. 2026) — 41% Above Median


BKK:SPA Siam Wellness Group PCL BKK:SPA
83 GF Score
Price ฿3.32
GF Value ฿7.52
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Siam Wellness Group PCL Days Payable?

Siam Wellness Group PCL BKK:SPA 83 Days Payable is 23.81 as of Mar. 2026, which is 41% above its 10-year median of 16.87. GuruFocus rates BKK:SPA with a GF Score™ of 83/100 and a GF Value™ of ฿7.52 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 91 Personal Services companies, Siam Wellness Group PCL ranks worse than 53.85% on this metric.

Siam Wellness Group PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿92 Mil. Siam Wellness Group PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿351 Mil. Hence, Siam Wellness Group PCL's Days Payable for the three months ended in Mar. 2026 was 23.81.

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

BKK:SPA' s Days Payable Range Over the Past 10 Years
Min: 10.34   Med: 16.87   Max: 30.3
Current: 30.3

During the past 13 years, Siam Wellness Group PCL's highest Days Payable was 30.30. The lowest was 10.34. And the median was 16.87.

BKK:SPA's Days Payable is ranked worse than
53.85% of 91 companies
in the Personal Services industry
Industry Median: 32.93 vs BKK:SPA: 30.30

Siam Wellness Group PCL's Days Payable declined from Mar. 2025 (27.90) to Mar. 2026 (23.81). It may suggest that Siam Wellness Group PCL accelerated paying its suppliers.


Siam Wellness Group PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Siam Wellness Group 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.

Siam Wellness Group PCL Days Payable Chart

Siam Wellness Group 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 23.31 18.47 18.98 16.44 12.10

Siam Wellness Group 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 27.90 38.09 33.34 20.48 23.81

BKK:SPA vs ROL, SCI, FTDR: Days Payable Comparison

For the Personal Services subindustry, Siam Wellness Group 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.


Siam Wellness Group PCL Days Payable vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Siam Wellness Group PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Siam Wellness Group PCL's Days Payable falls into.


BKK:SPA
83GF Score
Siam Wellness Group PCL BKK:SPA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Siam Wellness Group 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.

Siam Wellness Group 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
=( (40.026 + 39.061) / 2 ) / 1192.386*365
=39.5435 / 1192.386*365
=12.10

Siam Wellness Group 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
=( (39.061 + 144.09) / 2 ) / 350.966*365 / 4
=91.5755 / 350.966*365 / 4
=23.81

* 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 23.81 mean?
Siam Wellness Group PCL (BKK:SPA) has a Days Payable of 23.81 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 Siam Wellness Group PCL and its competitors. This is 41% above median its historical median of 16.87. Over the past decade, Siam Wellness Group PCL's Days Payable has ranged from 10.34 to 30.30. According to the industry distribution chart, Siam Wellness Group PCL ranks #49 out of 91 companies in the Personal Services industry, placing it in the top 53.8%.
Is Siam Wellness Group PCL's Days Payable too high?
Siam Wellness Group PCL's current Days Payable of 23.81 is 41% above median its 10-year median of 16.87. Over the past 10 years, this metric has ranged from a low of 10.34 to a high of 30.30. The Personal Services industry median Days Payable is 32.93. Siam Wellness Group PCL's value of 23.81 is 27.7% below this industry median. Based on the distribution chart, Siam Wellness Group PCL ranks #49 out of 91 companies in the Personal Services industry, which is below the industry midpoint. Overall, Siam Wellness Group PCL has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Siam Wellness Group PCL's Days Payable compare to ROL and SCI?
According to the Personal Services industry distribution chart, Siam Wellness Group PCL ranks #49 out of 91 companies for Days Payable. This places Siam Wellness Group PCL in the lower half of its industry. The industry median Days Payable is 32.93. Siam Wellness Group PCL's value of 23.81 is 27.7% below this benchmark. Historically, Siam Wellness Group PCL's own Days Payable has ranged from 10.34 to 30.30 over the past decade. While the company's 10-year median is 16.87 vs. the industry median of 32.93, Siam Wellness Group 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 Personal Services company?
The median Days Payable among Personal Services companies is 32.93, based on 91 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. Siam Wellness Group PCL's current Days Payable of 23.81 is 27.7% 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 Siam Wellness Group PCL and its competitors. For the Personal Services industry, the median Days Payable is 32.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siam Wellness Group PCL's current Days Payable is 23.81, which is 41% above median its own 10-year median of 16.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Wellness Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Wellness Group PCL (BKK:SPA) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿7.52, compared to a current price of ฿3.32 — trading 55.9% below its estimated fair value. The current Days Payable is 23.81, which is 41% above median its 10-year median of 16.87 and 27.7% below the Personal Services industry median of 32.93. Siam Wellness Group PCL's overall GF Score™ is 83/100 with 2 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 Siam Wellness Group PCL (BKK:SPA), the current Days Payable is 23.81 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 Siam Wellness Group PCL (BKK:SPA) Overvalued in 2026?

Based on GuruFocus' analysis, Siam Wellness Group PCL stock appears to be undervalued. The current stock price of ฿3.32 is trading 55.9% below its estimated GF Value™ of ฿7.52. GuruFocus considers Siam Wellness Group PCL to be Significantly Undervalued.

Key valuation signals for BKK:SPA:

  • Days Payable: 23.81 (41% above median its 10-year median of 16.87)
  • GF Value™: ฿7.52 vs. price of ฿3.32 (55.9% below fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 27.7% below the Personal Services median (#49 of 91)

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


Siam Wellness Group PCL Business Description

Address Prachasongkroh Road, 565, 567 B.U. Place Building, 22nd Floor, Soi Suthiporn, Dindaeng Sub-district, Dindaeng District, Bangkok, THA, 10400
Siam Wellness Group PCL is a Thailand-based company and is principally engaged in the spa business. The business is organized into three segments: Spa services, which operates day spa and destination spa. Also, provides spa management and spa consultancy services; Sales of spa products and healthy products, which distributes natural spa products both and spa equipment for domestic and international markets. and Hotel and restaurant which operates boutique resorts and restaurants. Key revenue is earned from providing spa services. The Group operates in Thailand.
83GF Score

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

฿3.32
Price
฿7.52
GF Value