Thai Group Holdings PCL (BKK:TGH) Days Payable: 6.30 (As of Jun. 2026) — 77% Below Median

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BKK:TGH Thai Group Holdings PCL BKK:TGH
60 GF Score
Price ฿10.70
GF Value ฿12.55
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Thai Group Holdings PCL Days Payable?

Thai Group Holdings PCL BKK:TGH +1.90% 60 Days Payable is 6.30 as of Jun. 2026, which is 77% below its 10-year median of 26.97. GuruFocus rates BKK:TGH with a GF Score™ of 60/100 and a GF Value™ of ฿12.55 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 53 Insurance companies, Thai Group Holdings PCL ranks worse than 88.68% on this metric.

Thai Group Holdings PCL's average Accounts Payable for the three months ended in Jun. 2026 was ฿193 Mil. Thai Group Holdings PCL's Cost of Goods Sold for the three months ended in Jun. 2026 was ฿2,789 Mil. Hence, Thai Group Holdings PCL's Days Payable for the three months ended in Jun. 2026 was 6.30.

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

BKK:TGH' s Days Payable Range Over the Past 10 Years
Min: 5.62   Med: 26.97   Max: 39.41
Current: 5.75

During the past 8 years, Thai Group Holdings PCL's highest Days Payable was 39.41. The lowest was 5.62. And the median was 26.97.

BKK:TGH's Days Payable is ranked worse than
88.68% of 53 companies
in the Insurance industry
Industry Median: 52.56 vs BKK:TGH: 5.75

Thai Group Holdings PCL's Days Payable declined from Jun. 2025 (6.90) to Jun. 2026 (6.30). It may suggest that Thai Group Holdings PCL accelerated paying its suppliers.


Thai Group Holdings PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Thai Group Holdings 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 Group Holdings PCL Days Payable Chart

Thai Group Holdings PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 21.55 39.41 26.38 6.98 5.62

Thai Group Holdings PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.90 6.54 4.79 6.08 6.30

BKK:TGH vs BRK.A, AIG, HIG: Days Payable Comparison

For the Insurance - Diversified subindustry, Thai Group Holdings 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 Group Holdings PCL Days Payable vs Insurance Industry

For the Insurance industry and Financial Services sector, Thai Group Holdings PCL's Days Payable distribution charts can be found below:

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


BKK:TGH
60GF Score
Thai Group Holdings PCL BKK:TGH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Group Holdings 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 Group Holdings 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
=( (186.607 + 207.869) / 2 ) / 12817.35*365
=197.238 / 12817.35*365
=5.62

Thai Group Holdings PCL's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (197.644 + 187.644) / 2 ) / 2788.667*365 / 4
=192.644 / 2788.667*365 / 4
=6.30

* 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 6.30 mean?
Thai Group Holdings PCL (BKK:TGH) has a Days Payable of 6.30 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Thai Group Holdings PCL and its competitors. This is 77% below median its historical median of 26.97. Over the past decade, Thai Group Holdings PCL's Days Payable has ranged from 5.62 to 39.41. According to the industry distribution chart, Thai Group Holdings PCL ranks #47 out of 53 companies in the Insurance industry, placing it in the top 88.7%.
Is Thai Group Holdings PCL's Days Payable too high?
Thai Group Holdings PCL's current Days Payable of 6.30 is 77% below median its 10-year median of 26.97. Over the past 10 years, this metric has ranged from a low of 5.62 to a high of 39.41. The Insurance industry median Days Payable is 52.56. Thai Group Holdings PCL's value of 6.30 is 88% below this industry median. Based on the distribution chart, Thai Group Holdings PCL ranks #47 out of 53 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Thai Group Holdings PCL has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Group Holdings PCL's Days Payable compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Thai Group Holdings PCL ranks #47 out of 53 companies for Days Payable. This places Thai Group Holdings PCL in the lower half of its industry. The industry median Days Payable is 52.56. Thai Group Holdings PCL's value of 6.30 is 88% below this benchmark. Historically, Thai Group Holdings PCL's own Days Payable has ranged from 5.62 to 39.41 over the past decade. While the company's 10-year median is 26.97 vs. the industry median of 52.56, Thai Group Holdings 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 an Insurance company?
The median Days Payable among Insurance companies is 52.56, based on 53 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 Group Holdings PCL's current Days Payable of 6.30 is 88% 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 Group Holdings PCL and its competitors. For the Insurance industry, the median Days Payable is 52.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Group Holdings PCL's current Days Payable is 6.30, which is 77% below median its own 10-year median of 26.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Group Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Group Holdings PCL (BKK:TGH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿12.55, compared to a current price of ฿10.70 — trading 14.7% below its estimated fair value. The current Days Payable is 6.30, which is 77% below median its 10-year median of 26.97 and 88% below the Insurance industry median of 52.56. Thai Group Holdings PCL's overall GF Score™ is 60/100 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 Group Holdings PCL (BKK:TGH), the current Days Payable is 6.30 as of Jun. 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 Group Holdings PCL (BKK:TGH) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Group Holdings PCL stock appears to be undervalued. The current stock price of ฿10.70 is trading 14.7% below its estimated GF Value™ of ฿12.55. GuruFocus considers Thai Group Holdings PCL to be Modestly Undervalued.

Key valuation signals for BKK:TGH:

  • Days Payable: 6.30 (77% below median its 10-year median of 26.97)
  • GF Value™: ฿12.55 vs. price of ฿10.70 (14.7% below fair value)
  • GF Score™: 60/100 with 8 warning signs
  • Industry Position: 88% below the Insurance median (#47 of 53)

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


Thai Group Holdings PCL Business Description

Address Silom Road, 315 Thai Group Building, 12th Floor, Silom, Bangrak, Bangkok, THA, 10500
Thai Group Holdings PCL is a Thailand-based holding company. The principal activities of the group are underwriting life assurance, underwriting non-life insurance, leasing, hire purchase services, lending, and sales of second-hand cars. It operates in four segments: Life Insurance business, Non - Life insurance business, Financial service business, and Other businesses. The vast majority of the revenues are generated from the Life insurance business segment. The company is managed and operates principally in Thailand.
60GF Score

Get the complete analysis for BKK:TGH

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

฿10.70
Price
฿12.55
GF Value