Tong Hua Holdings PCLBKK:TH +2.17%63 Days Payable is 22.58 as of Mar. 2026, which is 82% below its 10-year median of 128.69. GuruFocus rates BKK:TH with a GF Score™ of 63/100 and a GF Value™ of ฿0.63 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 83 Diversified Financial Services companies, Tong Hua Holdings PCL ranks worse than 80.72% on this metric.
The historical rank and industry rank for Tong Hua Holdings PCL's Days Payable or its related term are showing as below:
BKK:TH'
s Days Payable Range Over the Past 10 Years
Min: 10.74 Med: 128.69 Max: 789.1
Current: 23.03
During the past 13 years, Tong Hua Holdings PCL's highest Days Payable was 789.10. The lowest was 10.74. And the median was 128.69.
BKK:TH's Days Payable is ranked worse than 80.72% of 83
companies
in the Diversified Financial Services industry
Industry Median: 71.15
vs BKK:TH: 23.03
Tong Hua Holdings PCL Days Payable Historical Data
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The historical data trend for Tong Hua 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.
For the Financial Conglomerates subindustry, Tong Hua 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.
Tong Hua Holdings PCL Days Payable vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Tong Hua Holdings PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Tong Hua Holdings 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.
Tong Hua Holdings 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.
Tong Hua Holdings PCL (BKK:TH) has a Days Payable of 22.58 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 Tong Hua Holdings PCL and its competitors. This is 82% below median its historical median of 128.69. Over the past decade, Tong Hua Holdings PCL's Days Payable has ranged from 10.74 to 789.10. According to the industry distribution chart, Tong Hua Holdings PCL ranks #67 out of 83 companies in the Diversified Financial Services industry, placing it in the top 80.7%.
Is Tong Hua Holdings PCL's Days Payable too high?
Tong Hua Holdings PCL's current Days Payable of 22.58 is 82% below median its 10-year median of 128.69. Over the past 10 years, this metric has ranged from a low of 10.74 to a high of 789.10. The Diversified Financial Services industry median Days Payable is 71.15. Tong Hua Holdings PCL's value of 22.58 is 68.3% below this industry median. Based on the distribution chart, Tong Hua Holdings PCL ranks #67 out of 83 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Tong Hua Holdings PCL has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tong Hua Holdings PCL's Days Payable compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Tong Hua Holdings PCL ranks #67 out of 83 companies for Days Payable. This places Tong Hua Holdings PCL in the lower half of its industry. The industry median Days Payable is 71.15. Tong Hua Holdings PCL's value of 22.58 is 68.3% below this benchmark. Historically, Tong Hua Holdings PCL's own Days Payable has ranged from 10.74 to 789.10 over the past decade. While the company's 10-year median is 128.69 vs. the industry median of 71.15, Tong Hua 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 a Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 71.15, based on 83 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. Tong Hua Holdings PCL's current Days Payable of 22.58 is 68.3% 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 Tong Hua Holdings PCL and its competitors. For the Diversified Financial Services industry, the median Days Payable is 71.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tong Hua Holdings PCL's current Days Payable is 22.58, which is 82% below median its own 10-year median of 128.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Hua Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Tong Hua Holdings PCL (BKK:TH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.63, compared to a current price of ฿0.47 — trading 25.4% below its estimated fair value. The current Days Payable is 22.58, which is 82% below median its 10-year median of 128.69 and 68.3% below the Diversified Financial Services industry median of 71.15. Tong Hua Holdings PCL's overall GF Score™ is 63/100 with 4 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 Tong Hua Holdings PCL (BKK:TH), the current Days Payable is 22.58 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 Tong Hua Holdings PCL (BKK:TH) Overvalued in 2026?
Based on GuruFocus' analysis, Tong Hua Holdings PCL stock appears to be undervalued.
The current stock price of ฿0.47 is trading 25.4% below its estimated GF Value™ of ฿0.63.
GuruFocus considers Tong Hua Holdings PCL to be Modestly Undervalued.
Key valuation signals for BKK:TH:
Days Payable: 22.58 (82% below median its 10-year median of 128.69)
GF Value™: ฿0.63 vs. price of ฿0.47 (25.4% below fair value)
Industry Position: 68.3% below the Diversified Financial Services median (#67 of 83)
No single metric tells the full story. See the BKK:TH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tong Hua Holdings PCL operates as an investment company. The company's business segments are divided into five segments: i) Producing and distributing newspaper, publishing and providing printing services, ii) Space rental for trading and service business, iii) Investment business, iv) Providing short - term funds in the form of factoring, loans, and v) Asset Management Business. Geographically, it operates mainly in Thailand.
63GF Score
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