Thai Union Feedmill PCL (BKK:TFM) Days Payable: 36.69 (As of Mar. 2026) — 11% Above Median


BKK:TFM Thai Union Feedmill PCL BKK:TFM
80 GF Score
Price ฿6.55
GF Value ฿609.00
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Thai Union Feedmill PCL Days Payable?

Thai Union Feedmill PCL BKK:TFM +1.55% 80 Days Payable is 36.69 as of Mar. 2026, which is 11% above its 10-year median of 33.11. GuruFocus rates BKK:TFM with a GF Score™ of 80/100 and a GF Value™ of ฿609.00 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,880 Consumer Packaged Goods companies, Thai Union Feedmill PCL ranks worse than 54.1% on this metric.

Thai Union Feedmill PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿426 Mil. Thai Union Feedmill PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿1,060 Mil. Hence, Thai Union Feedmill PCL's Days Payable for the three months ended in Mar. 2026 was 36.69.

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

BKK:TFM' s Days Payable Range Over the Past 10 Years
Min: 25.84   Med: 33.11   Max: 40.76
Current: 40.76

During the past 9 years, Thai Union Feedmill PCL's highest Days Payable was 40.76. The lowest was 25.84. And the median was 33.11.

BKK:TFM's Days Payable is ranked worse than
54.1% of 1880 companies
in the Consumer Packaged Goods industry
Industry Median: 44.05 vs BKK:TFM: 40.76

Thai Union Feedmill PCL's Days Payable declined from Mar. 2025 (41.29) to Mar. 2026 (36.69). It may suggest that Thai Union Feedmill PCL accelerated paying its suppliers.


Thai Union Feedmill PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Thai Union Feedmill 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.

Thai Union Feedmill PCL Days Payable Chart

Thai Union Feedmill PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 33.75 34.40 33.11 35.47 30.51

Thai Union Feedmill 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 41.29 44.84 47.52 38.11 36.69

BKK:TFM vs ADM, BG, TSN: Days Payable Comparison

For the Farm Products subindustry, Thai Union Feedmill 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 Union Feedmill PCL Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Union Feedmill PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Thai Union Feedmill PCL's Days Payable falls into.


BKK:TFM
80GF Score
Thai Union Feedmill PCL BKK:TFM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Union Feedmill 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.

Thai Union Feedmill 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
=( (429.677 + 355.076) / 2 ) / 4694.857*365
=392.3765 / 4694.857*365
=30.51

Thai Union Feedmill 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
=( (355.076 + 497.359) / 2 ) / 1060.077*365 / 4
=426.2175 / 1060.077*365 / 4
=36.69

* 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 36.69 mean?
Thai Union Feedmill PCL (BKK:TFM) has a Days Payable of 36.69 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 Union Feedmill PCL and its competitors. This is 11% above median its historical median of 33.11. Over the past decade, Thai Union Feedmill PCL's Days Payable has ranged from 25.84 to 40.76. According to the industry distribution chart, Thai Union Feedmill PCL ranks #1017 out of 1880 companies in the Consumer Packaged Goods industry, placing it in the top 54.1%.
Is Thai Union Feedmill PCL's Days Payable too high?
Thai Union Feedmill PCL's current Days Payable of 36.69 is 11% above median its 10-year median of 33.11. Over the past 10 years, this metric has ranged from a low of 25.84 to a high of 40.76. The Consumer Packaged Goods industry median Days Payable is 44.05. Thai Union Feedmill PCL's value of 36.69 is 16.7% below this industry median. Based on the distribution chart, Thai Union Feedmill PCL ranks #1017 out of 1880 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Thai Union Feedmill PCL has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Union Feedmill PCL's Days Payable compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Thai Union Feedmill PCL ranks #1017 out of 1880 companies for Days Payable. This places Thai Union Feedmill PCL in the lower half of its industry. The industry median Days Payable is 44.05. Thai Union Feedmill PCL's value of 36.69 is 16.7% below this benchmark. Historically, Thai Union Feedmill PCL's own Days Payable has ranged from 25.84 to 40.76 over the past decade. While the company's 10-year median is 33.11 vs. the industry median of 44.05, Thai Union Feedmill 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.05, based on 1,880 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 Union Feedmill PCL's current Days Payable of 36.69 is 16.7% 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 Thai Union Feedmill PCL and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Union Feedmill PCL's current Days Payable is 36.69, which is 11% above median its own 10-year median of 33.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Union Feedmill PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Union Feedmill PCL (BKK:TFM) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿609.00, compared to a current price of ฿6.55 — trading 98.9% below its estimated fair value. The current Days Payable is 36.69, which is 11% above median its 10-year median of 33.11 and 16.7% below the Consumer Packaged Goods industry median of 44.05. Thai Union Feedmill PCL's overall GF Score™ is 80/100 with 5 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 Union Feedmill PCL (BKK:TFM), the current Days Payable is 36.69 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 Union Feedmill PCL (BKK:TFM) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Union Feedmill PCL stock appears to be undervalued. The current stock price of ฿6.55 is trading 98.9% below its estimated GF Value™ of ฿609.00. GuruFocus considers Thai Union Feedmill PCL to be Significantly Undervalued.

Key valuation signals for BKK:TFM:

  • Days Payable: 36.69 (11% above median its 10-year median of 33.11)
  • GF Value™: ฿609.00 vs. price of ฿6.55 (98.9% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 16.7% below the Consumer Packaged Goods median (#1017 of 1880)

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


Thai Union Feedmill PCL Business Description

Address 89/1 Moo 2, Rama 2 Road, Kalong Subdistrict, Mueang District, Samut Sakhon Province, Samut Sakhon, THA, 74000
Thai Union Feedmill PCL is a manufacturer and distributor of aquatic feed in Thailand. Business is organised into four reportable segments; Shrimp feed products; Fish feed products; Livestock feed products and Others. The firm generates the majority of its revenue from Shrimp feed products. Geographically the company generates revenue from Thailand, Sri Lanka, Pakistan, Indonesia, and others, with the majority of revenue generated from Thailand.
80GF Score

Get the complete analysis for BKK:TFM

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

฿6.55
Price
฿609.00
GF Value