Thai Mui PCL (BKK:THMUI) Days Payable: 82.26 (As of Mar. 2026) — Near Median


BKK:THMUI Thai Mui Corp PCL BKK:THMUI
50 GF Score
Price ฿0.31
GF Value ฿0.63
Valuation Possible Value Trap
! 2 Warning Signs
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What is Thai Mui PCL Days Payable?

Thai Mui PCL BKK:THMUI 50 Days Payable is 82.26 as of Mar. 2026, which is 2% above its 10-year median of 80.37. GuruFocus rates BKK:THMUI with a GF Score™ of 50/100 and a GF Value™ of ฿0.63 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 153 Industrial Distribution companies, Thai Mui PCL ranks better than 77.78% on this metric.

Thai Mui PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿50.0 Mil. Thai Mui PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿55.4 Mil. Hence, Thai Mui PCL's Days Payable for the three months ended in Mar. 2026 was 82.26.

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

BKK:THMUI' s Days Payable Range Over the Past 10 Years
Min: 33.71   Med: 80.37   Max: 108.6
Current: 80.4

During the past 12 years, Thai Mui PCL's highest Days Payable was 108.60. The lowest was 33.71. And the median was 80.37.

BKK:THMUI's Days Payable is ranked better than
77.78% of 153 companies
in the Industrial Distribution industry
Industry Median: 56.57 vs BKK:THMUI: 80.40

Thai Mui PCL's Days Payable declined from Mar. 2025 (117.97) to Mar. 2026 (82.26). It may suggest that Thai Mui PCL accelerated paying its suppliers.


Thai Mui PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Thai Mui 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 Mui PCL Days Payable Chart

Thai Mui 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 74.45 86.91 90.03 105.29 86.28

Thai Mui 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 117.97 122.62 90.17 54.20 82.26

BKK:THMUI vs GWW, FAST, FERG: Days Payable Comparison

For the Industrial Distribution subindustry, Thai Mui 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 Mui PCL Days Payable vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Thai Mui PCL's Days Payable distribution charts can be found below:

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


BKK:THMUI
50GF Score
Thai Mui Corp PCL BKK:THMUI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Mui 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 Mui 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
=( (67.051 + 59.191) / 2 ) / 267.021*365
=63.121 / 267.021*365
=86.28

Thai Mui 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
=( (59.191 + 40.721) / 2 ) / 55.418*365 / 4
=49.956 / 55.418*365 / 4
=82.26

* 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 82.26 mean?
Thai Mui PCL (BKK:THMUI) has a Days Payable of 82.26 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 Mui PCL and its competitors. This is near median its historical median of 80.37. Over the past decade, Thai Mui PCL's Days Payable has ranged from 33.71 to 108.60. According to the industry distribution chart, Thai Mui PCL ranks #34 out of 153 companies in the Industrial Distribution industry, placing it in the top 22.2%.
Is Thai Mui PCL's Days Payable too high?
Thai Mui PCL's current Days Payable of 82.26 is near median its 10-year median of 80.37. Over the past 10 years, this metric has ranged from a low of 33.71 to a high of 108.60. The Industrial Distribution industry median Days Payable is 56.57. Thai Mui PCL's value of 82.26 is 45.4% above this industry median. Based on the distribution chart, Thai Mui PCL ranks #34 out of 153 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Mui PCL has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thai Mui PCL's Days Payable compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Thai Mui PCL ranks #34 out of 153 companies for Days Payable. This places Thai Mui PCL in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.57. Thai Mui PCL's value of 82.26 is 45.4% above this benchmark. Historically, Thai Mui PCL's own Days Payable has ranged from 33.71 to 108.60 over the past decade. While the company's 10-year median is 80.37 vs. the industry median of 56.57, Thai Mui 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 an Industrial Distribution company?
The median Days Payable among Industrial Distribution companies is 56.57, based on 153 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 Mui PCL's current Days Payable of 82.26 is 45.4% 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 Thai Mui PCL and its competitors. For the Industrial Distribution industry, the median Days Payable is 56.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Mui PCL's current Days Payable is 82.26, which is near median its own 10-year median of 80.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Mui PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Mui PCL (BKK:THMUI) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.63, compared to a current price of ฿0.31 — trading 50.8% below its estimated fair value. The current Days Payable is 82.26, which is near median its 10-year median of 80.37 and 45.4% above the Industrial Distribution industry median of 56.57. Thai Mui PCL's overall GF Score™ is 50/100 with 2 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 Mui PCL (BKK:THMUI), the current Days Payable is 82.26 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 Mui PCL (BKK:THMUI) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Mui PCL stock appears to be undervalued. The current stock price of ฿0.31 is trading 50.8% below its estimated GF Value™ of ฿0.63. GuruFocus considers Thai Mui PCL to be Possible Value Trap.

Key valuation signals for BKK:THMUI:

  • Days Payable: 82.26 (near median its 10-year median of 80.37)
  • GF Value™: ฿0.63 vs. price of ฿0.31 (50.8% below fair value)
  • GF Score™: 50/100 with 2 warning signs
  • Industry Position: 45.4% above the Industrial Distribution median (#34 of 153)

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


Thai Mui PCL Business Description

Address 759 Chareonkrung Road, Taladnoi, Sumphantawong, Krung Thep Maha Nakhon, Bangkok, THA, 10100
Thai Mui Corp PCL is engaged in the retail and wholesale of ironware, wire rope, saw, and pipe, and provides loop wire rope and equipment installation and inspection, plumbing contractor project, and construction of a water quality improvement business for shrimp farm. Its products include Wire rope, Skate, Soft sling, Hook, etc. The company's segments are Sales and service and Project work. The key revenue is derived from the sale of wire rope and lifting equipment, including replacement and installation, and providing technical inspection, testing, and analysis equipment activity. The group operates in Thailand.
50GF Score

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

฿0.31
Price
฿0.63
GF Value