Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Thantawan Industry PCLBKK:THIP-F 79 Days Payable is 52.18 as of Jun. 2026, which is 40% above its 10-year median of 37.28. GuruFocus rates BKK:THIP-F with a GF Score™ of 79/100 and a GF Value™ of ฿11.03 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 388 Packaging & Containers companies, Thantawan Industry PCL ranks better than 50.52% on this metric.
The historical rank and industry rank for Thantawan Industry PCL's Days Payable or its related term are showing as below:
BKK:THIP-F'
s Days Payable Range Over the Past 10 Years
Min: 32.86 Med: 37.28 Max: 59.5
Current: 59.5
During the past 13 years, Thantawan Industry PCL's highest Days Payable was 59.50. The lowest was 32.86. And the median was 37.28.
BKK:THIP-F's Days Payable is ranked better than 50.52% of 388
companies
in the Packaging & Containers industry
Industry Median: 59.085
vs BKK:THIP-F: 59.50
* 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.
BKK:THIP-F vs SW, PKG, IP: Days Payable Comparison
For the Packaging & Containers subindustry, Thantawan Industry 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.
Thantawan Industry PCL Days Payable vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thantawan Industry PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Thantawan Industry 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.
Thantawan Industry 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.
Thantawan Industry PCL (BKK:THIP-F) has a Days Payable of 52.18 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 Thantawan Industry PCL and its competitors. This is 40% above median its historical median of 37.28. Over the past decade, Thantawan Industry PCL's Days Payable has ranged from 32.86 to 59.50. According to the industry distribution chart, Thantawan Industry PCL ranks #192 out of 388 companies in the Packaging & Containers industry, placing it in the top 49.5%.
Is Thantawan Industry PCL's Days Payable too high?
Thantawan Industry PCL's current Days Payable of 52.18 is 40% above median its 10-year median of 37.28. Over the past 10 years, this metric has ranged from a low of 32.86 to a high of 59.50. The Packaging & Containers industry median Days Payable is 59.09. Thantawan Industry PCL's value of 52.18 is 11.7% below this industry median. Based on the distribution chart, Thantawan Industry PCL ranks #192 out of 388 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Thantawan Industry PCL has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thantawan Industry PCL's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thantawan Industry PCL ranks #192 out of 388 companies for Days Payable. This puts Thantawan Industry PCL in the upper half of its industry. The industry median Days Payable is 59.09. Thantawan Industry PCL's value of 52.18 is 11.7% below this benchmark. Historically, Thantawan Industry PCL's own Days Payable has ranged from 32.86 to 59.50 over the past decade. While the company's 10-year median is 37.28 vs. the industry median of 59.09, Thantawan Industry 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 59.09, based on 388 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. Thantawan Industry PCL's current Days Payable of 52.18 is 11.7% 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 Thantawan Industry PCL and its competitors. For the Packaging & Containers industry, the median Days Payable is 59.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thantawan Industry PCL's current Days Payable is 52.18, which is 40% above median its own 10-year median of 37.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thantawan Industry PCL stock overvalued right now?
Based on GuruFocus' analysis, Thantawan Industry PCL (BKK:THIP-F) is currently considered Possible Value Trap. The stock's GF Value™ is ฿11.03, compared to a current price of ฿8.30 — trading 24.8% below its estimated fair value. The current Days Payable is 52.18, which is 40% above median its 10-year median of 37.28 and 11.7% below the Packaging & Containers industry median of 59.09. Thantawan Industry PCL's overall GF Score™ is 79/100 with 7 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 Thantawan Industry PCL (BKK:THIP-F), the current Days Payable is 52.18 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 Thantawan Industry PCL (BKK:THIP-F) Overvalued in 2026?
Based on GuruFocus' analysis, Thantawan Industry PCL stock appears to be undervalued.
The current stock price of ฿8.30 is trading 24.8% below its estimated GF Value™ of ฿11.03.
GuruFocus considers Thantawan Industry PCL to be Possible Value Trap.
Key valuation signals for BKK:THIP-F:
Days Payable: 52.18 (40% above median its 10-year median of 37.28)
GF Value™: ฿11.03 vs. price of ฿8.30 (24.8% below fair value)
Industry Position: 11.7% below the Packaging & Containers median (#192 of 388)
No single metric tells the full story. See the BKK:THIP-F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thantawan Industry PCL is a Thailand-based company that engages in the manufacturing and selling of plastic products, such as general plastic bags, thin bags, and drinking straws. The Group manufactures and sells plastic products, which are divided into two main products: plastic bags and straw products. Other products are Zipper tape and resin scrap, etc. Key revenue is generated from Plastic bag. The geographical area of its operation is Thailand and Vietnam.
79GF Score
Get the complete analysis for BKK:THIP-F
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:THIP-F has been successfully added to your 
