Tipco Asphalt PCL (BKK:TASCO-R) Days Payable: 26.28 (As of Mar. 2026) — 30% Below Median


BKK:TASCO-R Tipco Asphalt PCL BKK:TASCO-R
83 GF Score
Price ฿13.09
GF Value ฿13.22
! 6 Warning Signs
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What is Tipco Asphalt PCL Days Payable?

Tipco Asphalt PCL BKK:TASCO-R 83 Days Payable is 26.28 as of Mar. 2026, which is 30% below its 10-year median of 37.32. GuruFocus rates BKK:TASCO-R with a GF Score™ of 83/100 and a GF Value™ of ฿13.22. The stock has 6 warning signs investors should review. Among 397 Building Materials companies, Tipco Asphalt PCL ranks worse than 87.15% on this metric.

Tipco Asphalt PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿1,831 Mil. Tipco Asphalt PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿6,358 Mil. Hence, Tipco Asphalt PCL's Days Payable for the three months ended in Mar. 2026 was 26.28.

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

BKK:TASCO-R' s Days Payable Range Over the Past 10 Years
Min: 28.16   Med: 37.32   Max: 64.28
Current: 28.58

During the past 13 years, Tipco Asphalt PCL's highest Days Payable was 64.28. The lowest was 28.16. And the median was 37.32.

BKK:TASCO-R's Days Payable is ranked worse than
87.15% of 397 companies
in the Building Materials industry
Industry Median: 69.35 vs BKK:TASCO-R: 28.58

Tipco Asphalt PCL's Days Payable declined from Mar. 2025 (28.34) to Mar. 2026 (26.28). It may suggest that Tipco Asphalt PCL accelerated paying its suppliers.


Tipco Asphalt PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Tipco Asphalt 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.

Tipco Asphalt PCL Days Payable Chart

Tipco Asphalt 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 35.75 31.40 30.41 28.16 28.73

Tipco Asphalt 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 28.34 30.18 30.44 28.37 26.28

BKK:TASCO-R vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, Tipco Asphalt 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.


Tipco Asphalt PCL Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tipco Asphalt PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Tipco Asphalt PCL's Days Payable falls into.


BKK:TASCO-R
83GF Score
Tipco Asphalt PCL BKK:TASCO-R
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tipco Asphalt 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.

Tipco Asphalt 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
=( (1970.705 + 1899.398) / 2 ) / 24586.234*365
=1935.0515 / 24586.234*365
=28.73

Tipco Asphalt 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
=( (1899.398 + 1762.72) / 2 ) / 6358.431*365 / 4
=1831.059 / 6358.431*365 / 4
=26.28

* 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 26.28 mean?
Tipco Asphalt PCL (BKK:TASCO-R) has a Days Payable of 26.28 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 Tipco Asphalt PCL and its competitors. This is 30% below median its historical median of 37.32. Over the past decade, Tipco Asphalt PCL's Days Payable has ranged from 28.16 to 64.28. According to the industry distribution chart, Tipco Asphalt PCL ranks #346 out of 397 companies in the Building Materials industry, placing it in the top 87.2%.
Is Tipco Asphalt PCL's Days Payable too high?
Tipco Asphalt PCL's current Days Payable of 26.28 is 30% below median its 10-year median of 37.32. Over the past 10 years, this metric has ranged from a low of 28.16 to a high of 64.28. The Building Materials industry median Days Payable is 69.35. Tipco Asphalt PCL's value of 26.28 is 62.1% below this industry median. Based on the distribution chart, Tipco Asphalt PCL ranks #346 out of 397 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Tipco Asphalt PCL has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Tipco Asphalt PCL's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Tipco Asphalt PCL ranks #346 out of 397 companies for Days Payable. This places Tipco Asphalt PCL in the lower half of its industry. The industry median Days Payable is 69.35. Tipco Asphalt PCL's value of 26.28 is 62.1% below this benchmark. Historically, Tipco Asphalt PCL's own Days Payable has ranged from 28.16 to 64.28 over the past decade. While the company's 10-year median is 37.32 vs. the industry median of 69.35, Tipco Asphalt 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.35, based on 397 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. Tipco Asphalt PCL's current Days Payable of 26.28 is 62.1% 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 Tipco Asphalt PCL and its competitors. For the Building Materials industry, the median Days Payable is 69.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tipco Asphalt PCL's current Days Payable is 26.28, which is 30% below median its own 10-year median of 37.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tipco Asphalt PCL stock overvalued right now?
Tipco Asphalt PCL (BKK:TASCO-R) has a current Days Payable of 26.28. The stock's GF Value™ is ฿13.22, compared to a current price of ฿13.09 — trading 1% below its estimated fair value. The current Days Payable is 26.28, which is 30% below median its 10-year median of 37.32 and 62.1% below the Building Materials industry median of 69.35. Tipco Asphalt PCL's overall GF Score™ is 83/100 with 6 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 Tipco Asphalt PCL (BKK:TASCO-R), the current Days Payable is 26.28 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 Tipco Asphalt PCL (BKK:TASCO-R) Overvalued in 2026?

Based on GuruFocus' analysis, Tipco Asphalt PCL stock appears to be undervalued. The current stock price of ฿13.09 is trading 1% below its estimated GF Value™ of ฿13.22.

Key valuation signals for BKK:TASCO-R:

  • Days Payable: 26.28 (30% below median its 10-year median of 37.32)
  • GF Value™: ฿13.22 vs. price of ฿13.09 (1% below fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 62.1% below the Building Materials median (#346 of 397)

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


Tipco Asphalt PCL Business Description

Other Exchanges TASCO:ThailandNVP5:Germany
Address 118/1 Rama 6 Road, Tipco Tower 1, Phayathai Sub District, Phayathai District, Bangkok, THA, 10400
Tipco Asphalt PCL is engaged in the production and sale of asphalt and petroleum-related products, as well as the provision of construction materials and related services. The company operates through two reportable segments: the Construction segment and the Manufacturing and Trading segment. The Construction segment conducts construction services related to highway construction and road rehabilitation in Thailand. The Manufacturing and Trading segment is involved in the manufacturing and trading of asphalt, petroleum oil products, and asphalt concrete in both domestic and overseas markets, supported by marine logistics operations. It generates the majority of its revenue from the Manufacturing and Trading segment.
83GF Score

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

฿13.09
Price
฿13.22
GF Value