TCM PCLBKK:TCMC -3.23%29 Days Payable is 38.22 as of Mar. 2026, which is 13% above its 10-year median of 33.81. GuruFocus rates BKK:TCMC with a GF Score™ of 29/100 and a GF Value™ of ฿0.45 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,012 Manufacturing - Apparel & Accessories companies, TCM PCL ranks worse than 69.37% on this metric.
TCM PCL's average Accounts Payable for the
three
months ended in Mar. 2026 was ฿237 Mil. TCM PCL's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ฿567 Mil.
Hence, TCM PCL's Days Payable for the
three
months ended in Mar. 2026 was 38.22.
The historical rank and industry rank for TCM PCL's Days Payable or its related term are showing as below:
BKK:TCMC'
s Days Payable Range Over the Past 10 Years
Min: 28.56 Med: 33.81 Max: 81.47
Current: 34.16
During the past 13 years, TCM PCL's highest Days Payable was 81.47. The lowest was 28.56. And the median was 33.81.
BKK:TCMC's Days Payable is ranked worse than 69.37% of 1012
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.945
vs BKK:TCMC: 34.16
TCM PCL's Days Payable
increased
from Mar. 2025 (34.90) to Mar. 2026 (38.22).
It may suggest that TCM PCLdelayed paying its suppliers.
TCM PCL Days Payable Related Terms
TCM PCL Days Payable Historical Data
* Premium members only.
The historical data trend for TCM 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.
For the Textile Manufacturing subindustry, TCM 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.
TCM PCL Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TCM PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where TCM 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.
TCM 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.
TCM PCL (BKK:TCMC) has a Days Payable of 38.22 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 TCM PCL and its competitors. This is 13% above median its historical median of 33.81. Over the past decade, TCM PCL's Days Payable has ranged from 28.56 to 81.47. According to the industry distribution chart, TCM PCL ranks #702 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 69.4%.
Is TCM PCL's Days Payable too high?
TCM PCL's current Days Payable of 38.22 is 13% above median its 10-year median of 33.81. Over the past 10 years, this metric has ranged from a low of 28.56 to a high of 81.47. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.95. TCM PCL's value of 38.22 is 29.2% below this industry median. Based on the distribution chart, TCM PCL ranks #702 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, TCM PCL has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TCM PCL's Days Payable compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, TCM PCL ranks #702 out of 1012 companies for Days Payable. This places TCM PCL in the lower half of its industry. The industry median Days Payable is 53.95. TCM PCL's value of 38.22 is 29.2% below this benchmark. Historically, TCM PCL's own Days Payable has ranged from 28.56 to 81.47 over the past decade. While the company's 10-year median is 33.81 vs. the industry median of 53.95, TCM 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.95, based on 1,012 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. TCM PCL's current Days Payable of 38.22 is 29.2% 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 TCM PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCM PCL's current Days Payable is 38.22, which is 13% above median its own 10-year median of 33.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCM PCL stock overvalued right now?
Based on GuruFocus' analysis, TCM PCL (BKK:TCMC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.45, compared to a current price of ฿0.30 — trading 33.3% below its estimated fair value. The current Days Payable is 38.22, which is 13% above median its 10-year median of 33.81 and 29.2% below the Manufacturing - Apparel & Accessories industry median of 53.95. TCM PCL's overall GF Score™ is 29/100 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 TCM PCL (BKK:TCMC), the current Days Payable is 38.22 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 TCM PCL (BKK:TCMC) Overvalued in 2026?
Based on GuruFocus' analysis, TCM PCL stock appears to be undervalued.
The current stock price of ฿0.30 is trading 33.3% below its estimated GF Value™ of ฿0.45.
GuruFocus considers TCM PCL to be Possible Value Trap.
Key valuation signals for BKK:TCMC:
Days Payable: 38.22 (13% above median its 10-year median of 33.81)
GF Value™: ฿0.45 vs. price of ฿0.30 (33.3% below fair value)
Industry Position: 29.2% below the Manufacturing - Apparel & Accessories median (#702 of 1012)
No single metric tells the full story. See the BKK:TCMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TCM Corp PCL is a Thailand-based manufacturer, distributor, and seller of various types of rugs and carpets. The company operates through three segments, The Surface segment includes hand-woven and machine-woven carpet for indoor decoration including the flooring materials; the Living segment consisting sofa chairs for interior decoration, and the Automotive segment comprises carpet for the floors inside vehicles, vehicles upholstery fabrics. The company derives maximum revenue from the Surface Segment. It has a business presence in Thailand, United Kingdom, and other countries.
29GF Score
Get the complete analysis for BKK:TCMC
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:TCMC has been successfully added to your 
