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Thai Coating Industrial PCLBKK:TCOAT 68 Days Payable is 16.09 as of Mar. 2026, which is 43% below its 10-year median of 28.34. GuruFocus rates BKK:TCOAT with a GF Score™ of 68/100 and a GF Value™ of ฿22.89 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 381 Packaging & Containers companies, Thai Coating Industrial PCL ranks worse than 89.76% on this metric.
The historical rank and industry rank for Thai Coating Industrial PCL's Days Payable or its related term are showing as below:
BKK:TCOAT'
s Days Payable Range Over the Past 10 Years
Min: 20.8 Med: 28.34 Max: 32.81
Current: 21.68
During the past 13 years, Thai Coating Industrial PCL's highest Days Payable was 32.81. The lowest was 20.80. And the median was 28.34.
BKK:TCOAT's Days Payable is ranked worse than 89.76% of 381
companies
in the Packaging & Containers industry
Industry Median: 57.27
vs BKK:TCOAT: 21.68
* 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 Packaging & Containers subindustry, Thai Coating Industrial 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.
Thai Coating Industrial PCL Days Payable vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thai Coating Industrial PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Thai Coating Industrial PCL's Days Payable falls into.
Thai Coating Industrial 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.
* 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.
Thai Coating Industrial PCL (BKK:TCOAT) has a Days Payable of 16.09 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 Thai Coating Industrial PCL and its competitors. This is 43% below median its historical median of 28.34. Over the past decade, Thai Coating Industrial PCL's Days Payable has ranged from 20.80 to 32.81. According to the industry distribution chart, Thai Coating Industrial PCL ranks #342 out of 381 companies in the Packaging & Containers industry, placing it in the top 89.8%.
Is Thai Coating Industrial PCL's Days Payable too high?
Thai Coating Industrial PCL's current Days Payable of 16.09 is 43% below median its 10-year median of 28.34. Over the past 10 years, this metric has ranged from a low of 20.80 to a high of 32.81. The Packaging & Containers industry median Days Payable is 57.27. Thai Coating Industrial PCL's value of 16.09 is 71.9% below this industry median. Based on the distribution chart, Thai Coating Industrial PCL ranks #342 out of 381 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Thai Coating Industrial PCL has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Coating Industrial PCL's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thai Coating Industrial PCL ranks #342 out of 381 companies for Days Payable. This places Thai Coating Industrial PCL in the lower half of its industry. The industry median Days Payable is 57.27. Thai Coating Industrial PCL's value of 16.09 is 71.9% below this benchmark. Historically, Thai Coating Industrial PCL's own Days Payable has ranged from 20.80 to 32.81 over the past decade. While the company's 10-year median is 28.34 vs. the industry median of 57.27, Thai Coating Industrial 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.27, based on 381 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. Thai Coating Industrial PCL's current Days Payable of 16.09 is 71.9% 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 Thai Coating Industrial PCL and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Coating Industrial PCL's current Days Payable is 16.09, which is 43% below median its own 10-year median of 28.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Coating Industrial PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Coating Industrial PCL (BKK:TCOAT) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿22.89, compared to a current price of ฿27.75 — trading 21.2% above its estimated fair value. The current Days Payable is 16.09, which is 43% below median its 10-year median of 28.34 and 71.9% below the Packaging & Containers industry median of 57.27. Thai Coating Industrial PCL's overall GF Score™ is 68/100 with 8 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 Thai Coating Industrial PCL (BKK:TCOAT), the current Days Payable is 16.09 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 Thai Coating Industrial PCL (BKK:TCOAT) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Coating Industrial PCL stock appears to be overvalued.
The current stock price of ฿27.75 is trading 21.2% above its estimated GF Value™ of ฿22.89.
GuruFocus considers Thai Coating Industrial PCL to be Modestly Overvalued.
Key valuation signals for BKK:TCOAT:
Days Payable: 16.09 (43% below median its 10-year median of 28.34)
GF Value™: ฿22.89 vs. price of ฿27.75 (21.2% above fair value)
Industry Position: 71.9% below the Packaging & Containers median (#342 of 381)
No single metric tells the full story. See the BKK:TCOAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Coating Industrial PCL is engaged in the manufacturing and selling of plastic sack. Through its subsidiary, the company manufactures and sells plastic beads. Its segments consist of Sacks and Plastic beads. The company's customers are the producers of sugar, fertilizer in the domestic and export market.
68GF Score
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