Thanasiri Group PCL (BKK:THANA) Days Payable: 121.34 (As of Mar. 2026) — 37% Above Median


BKK:THANA Thanasiri Group PCL BKK:THANA
62 GF Score
Price ฿1.56
GF Value ฿1.15
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Thanasiri Group PCL Days Payable?

Thanasiri Group PCL BKK:THANA 62 Days Payable is 121.34 as of Mar. 2026, which is 37% above its 10-year median of 88.73. GuruFocus rates BKK:THANA with a GF Score™ of 62/100 and a GF Value™ of ฿1.15 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,568 Real Estate companies, Thanasiri Group PCL ranks worse than 55.04% on this metric.

Thanasiri Group PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿74.2 Mil. Thanasiri Group PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿55.8 Mil. Hence, Thanasiri Group PCL's Days Payable for the three months ended in Mar. 2026 was 121.34.

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

BKK:THANA' s Days Payable Range Over the Past 10 Years
Min: 55.03   Med: 88.73   Max: 124.8
Current: 77.33

During the past 13 years, Thanasiri Group PCL's highest Days Payable was 124.80. The lowest was 55.03. And the median was 88.73.

BKK:THANA's Days Payable is ranked worse than
55.04% of 1568 companies
in the Real Estate industry
Industry Median: 94.205 vs BKK:THANA: 77.33

Thanasiri Group PCL's Days Payable declined from Mar. 2025 (142.00) to Mar. 2026 (121.34). It may suggest that Thanasiri Group PCL accelerated paying its suppliers.


Thanasiri Group PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Thanasiri Group 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.

Thanasiri Group PCL Days Payable Chart

Thanasiri Group PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.51 55.03 104.65 96.11 71.56

Thanasiri Group 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 142.00 47.99 84.26 84.92 121.34

Thanasiri Group PCL Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Thanasiri Group 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.


Thanasiri Group PCL Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Thanasiri Group PCL's Days Payable distribution charts can be found below:

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


BKK:THANA
62GF Score
Thanasiri Group PCL BKK:THANA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Thanasiri Group 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.

Thanasiri Group 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
=( (66.712 + 65.904) / 2 ) / 338.212*365
=66.308 / 338.212*365
=71.56

Thanasiri Group 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
=( (65.904 + 82.424) / 2 ) / 55.775*365 / 4
=74.164 / 55.775*365 / 4
=121.34

* 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 121.34 mean?
Thanasiri Group PCL (BKK:THANA) has a Days Payable of 121.34 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 Thanasiri Group PCL and its competitors. This is 37% above median its historical median of 88.73. Over the past decade, Thanasiri Group PCL's Days Payable has ranged from 55.03 to 124.80. According to the industry distribution chart, Thanasiri Group PCL ranks #863 out of 1568 companies in the Real Estate industry, placing it in the top 55%.
Is Thanasiri Group PCL's Days Payable too high?
Thanasiri Group PCL's current Days Payable of 121.34 is 37% above median its 10-year median of 88.73. Over the past 10 years, this metric has ranged from a low of 55.03 to a high of 124.80. The Real Estate industry median Days Payable is 94.21. Thanasiri Group PCL's value of 121.34 is 28.8% above this industry median. Based on the distribution chart, Thanasiri Group PCL ranks #863 out of 1568 companies in the Real Estate industry, which is below the industry midpoint. Overall, Thanasiri Group PCL has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thanasiri Group PCL's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Thanasiri Group PCL ranks #863 out of 1568 companies for Days Payable. This places Thanasiri Group PCL in the lower half of its industry. The industry median Days Payable is 94.21. Thanasiri Group PCL's value of 121.34 is 28.8% above this benchmark. Historically, Thanasiri Group PCL's own Days Payable has ranged from 55.03 to 124.80 over the past decade. While the company's 10-year median is 88.73 vs. the industry median of 94.21, Thanasiri Group PCL has consistently been above 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.21, based on 1,568 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. Thanasiri Group PCL's current Days Payable of 121.34 is 28.8% above 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 Thanasiri Group PCL and its competitors. For the Real Estate industry, the median Days Payable is 94.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thanasiri Group PCL's current Days Payable is 121.34, which is 37% above median its own 10-year median of 88.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thanasiri Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Thanasiri Group PCL (BKK:THANA) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.15, compared to a current price of ฿1.56 — trading 35.7% above its estimated fair value. The current Days Payable is 121.34, which is 37% above median its 10-year median of 88.73 and 28.8% above the Real Estate industry median of 94.21. Thanasiri Group PCL's overall GF Score™ is 62/100 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 Thanasiri Group PCL (BKK:THANA), the current Days Payable is 121.34 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 Thanasiri Group PCL (BKK:THANA) Overvalued in 2026?

Based on GuruFocus' analysis, Thanasiri Group PCL stock appears to be overvalued. The current stock price of ฿1.56 is trading 35.7% above its estimated GF Value™ of ฿1.15. GuruFocus considers Thanasiri Group PCL to be Significantly Overvalued.

Key valuation signals for BKK:THANA:

  • Days Payable: 121.34 (37% above median its 10-year median of 88.73)
  • GF Value™: ฿1.15 vs. price of ฿1.56 (35.7% above fair value)
  • GF Score™: 62/100 with 8 warning signs
  • Industry Position: 28.8% above the Real Estate median (#863 of 1568)

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


Thanasiri Group PCL Business Description

Address 650, 652 Baromratchonnanee Road, Bangbumru, Bangplad, Bangkok, THA, 10700
Thanasiri Group PCL is a Thailand-based company. It is engaged in the business of Property development for sale. The operations of the company are located in Thailand. The projects of the company include Thana Hibbati Pinklao - Sirindhorn, Thanasiri Ratchaphruek - Tha Nam Non, Thana Village Rama 5 - Bangyai, Thanasio Rattanathibet, and Thana Cluster Ratchapruek, among others. Its operating segments include Real estate business - horizontal, Service business, and Sell products business.
62GF Score

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

฿1.56
Price
฿1.15
GF Value