TBN PCLBKK:TBN -1.69%72 Days Payable is 75.10 as of Mar. 2026, which is 6% above its 10-year median of 70.90. GuruFocus rates BKK:TBN with a GF Score™ of 72/100 and a GF Value™ of ฿6.37 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 2,605 Software companies, TBN PCL ranks better than 60.42% on this metric.
TBN PCL's average Accounts Payable for the
three
months ended in Mar. 2026 was ฿62.3 Mil. TBN PCL's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ฿75.6 Mil.
Hence, TBN PCL's Days Payable for the
three
months ended in Mar. 2026 was 75.10.
The historical rank and industry rank for TBN PCL's Days Payable or its related term are showing as below:
BKK:TBN'
s Days Payable Range Over the Past 10 Years
Min: 35.13 Med: 70.9 Max: 114.72
Current: 75.21
During the past 7 years, TBN PCL's highest Days Payable was 114.72. The lowest was 35.13. And the median was 70.90.
BKK:TBN's Days Payable is ranked better than 60.42% of 2605
companies
in the Software industry
Industry Median: 52.79
vs BKK:TBN: 75.21
TBN PCL's Days Payable
increased
from Mar. 2025 (69.04) to Mar. 2026 (75.10).
It may suggest that TBN PCLdelayed paying its suppliers.
TBN PCL Days Payable Related Terms
TBN PCL Days Payable Historical Data
* Premium members only.
The historical data trend for TBN 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.
BKK:TBN vs UBER, SHOP, CRM: Days Payable Comparison
For the Software - Application subindustry, TBN 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.
TBN PCL Days Payable vs Software Industry
For the Software industry and Technology sector, TBN PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where TBN PCL's Days Payable falls into.
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.
TBN PCL's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
TBN PCL (BKK:TBN) has a Days Payable of 75.10 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 TBN PCL and its competitors. This is near median its historical median of 70.90. Over the past decade, TBN PCL's Days Payable has ranged from 35.13 to 114.72. According to the industry distribution chart, TBN PCL ranks #1031 out of 2605 companies in the Software industry, placing it in the top 39.6%.
Is TBN PCL's Days Payable too high?
TBN PCL's current Days Payable of 75.10 is near median its 10-year median of 70.90. Over the past 10 years, this metric has ranged from a low of 35.13 to a high of 114.72. The Software industry median Days Payable is 52.79. TBN PCL's value of 75.10 is 42.3% above this industry median. Based on the distribution chart, TBN PCL ranks #1031 out of 2605 companies in the Software industry, which is above the industry midpoint. Overall, TBN PCL has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TBN PCL's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, TBN PCL ranks #1031 out of 2605 companies for Days Payable. This puts TBN PCL in the upper half of its industry. The industry median Days Payable is 52.79. TBN PCL's value of 75.10 is 42.3% above this benchmark. Historically, TBN PCL's own Days Payable has ranged from 35.13 to 114.72 over the past decade. While the company's 10-year median is 70.90 vs. the industry median of 52.79, TBN PCL has consistently been above 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 Software company?
The median Days Payable among Software companies is 52.79, based on 2,605 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. TBN PCL's current Days Payable of 75.10 is 42.3% above 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 TBN PCL and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TBN PCL's current Days Payable is 75.10, which is near median its own 10-year median of 70.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBN PCL stock overvalued right now?
Based on GuruFocus' analysis, TBN PCL (BKK:TBN) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿6.37, compared to a current price of ฿3.48 — trading 45.4% below its estimated fair value. The current Days Payable is 75.10, which is near median its 10-year median of 70.90 and 42.3% above the Software industry median of 52.79. TBN PCL's overall GF Score™ is 72/100 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 TBN PCL (BKK:TBN), the current Days Payable is 75.10 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 TBN PCL (BKK:TBN) Overvalued in 2026?
Based on GuruFocus' analysis, TBN PCL stock appears to be undervalued.
The current stock price of ฿3.48 is trading 45.4% below its estimated GF Value™ of ฿6.37.
GuruFocus considers TBN PCL to be Significantly Undervalued.
Key valuation signals for BKK:TBN:
Days Payable: 75.10 (near median its 10-year median of 70.90)
GF Value™: ฿6.37 vs. price of ฿3.48 (45.4% below fair value)
Industry Position: 42.3% above the Software median (#1031 of 2605)
No single metric tells the full story. See the BKK:TBN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TBN Corp PCL is Thailand's first low-code solutions provider. The company is engaged in the business of sales and development of software, including consultation on software development. The Company's segments include Digital solutions and technical consultancy services and technical maintenance, licensing, and cloud services, and Other. It offers a range of digital system design and development services, is a digital transformation consultant and solutions developer based on customer needs.
72GF Score
Get the complete analysis for BKK:TBN
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