Thitikorn PCL (BKK:TK) Days Payable: 31.99 (As of Mar. 2026) — 88% Below Median


BKK:TK Thitikorn PCL BKK:TK
60 GF Score
Price ฿4.18
GF Value ฿2.39
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Thitikorn PCL Days Payable?

Thitikorn PCL BKK:TK 60 Days Payable is 31.99 as of Mar. 2026, which is 88% below its 10-year median of 263.98. GuruFocus rates BKK:TK with a GF Score™ of 60/100 and a GF Value™ of ฿2.39 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 300 Credit Services companies, Thitikorn PCL ranks worse than 62.33% on this metric.

Thitikorn PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿5.3 Mil. Thitikorn PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿15.2 Mil. Hence, Thitikorn PCL's Days Payable for the three months ended in Mar. 2026 was 31.99.

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

BKK:TK' s Days Payable Range Over the Past 10 Years
Min: 17.52   Med: 263.98   Max: 791.06
Current: 17.52

During the past 13 years, Thitikorn PCL's highest Days Payable was 791.06. The lowest was 17.52. And the median was 263.98.

BKK:TK's Days Payable is ranked worse than
62.33% of 300 companies
in the Credit Services industry
Industry Median: 33.92 vs BKK:TK: 17.52

Thitikorn PCL's Days Payable increased from Mar. 2025 (21.87) to Mar. 2026 (31.99). It may suggest that Thitikorn PCL delayed paying its suppliers.


Thitikorn PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Thitikorn 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.

Thitikorn PCL Days Payable Chart

Thitikorn 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 218.83 463.79 791.06 506.15 52.11

Thitikorn 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 21.87 4.63 0.15 32.67 31.99

BKK:TK vs V, MA, AXP: Days Payable Comparison

For the Credit Services subindustry, Thitikorn 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.


Thitikorn PCL Days Payable vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Thitikorn PCL's Days Payable distribution charts can be found below:

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


BKK:TK
60GF Score
Thitikorn PCL BKK:TK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Thitikorn 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.

Thitikorn 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
=( (6.715 + 10.456) / 2 ) / 60.131*365
=8.5855 / 60.131*365
=52.11

Thitikorn 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
=( (10.456 + 0.185) / 2 ) / 15.178*365 / 4
=5.3205 / 15.178*365 / 4
=31.99

* 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 31.99 mean?
Thitikorn PCL (BKK:TK) has a Days Payable of 31.99 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 Thitikorn PCL and its competitors. This is 88% below median its historical median of 263.98. Over the past decade, Thitikorn PCL's Days Payable has ranged from 17.52 to 791.06. According to the industry distribution chart, Thitikorn PCL ranks #187 out of 300 companies in the Credit Services industry, placing it in the top 62.3%.
Is Thitikorn PCL's Days Payable too high?
Thitikorn PCL's current Days Payable of 31.99 is 88% below median its 10-year median of 263.98. Over the past 10 years, this metric has ranged from a low of 17.52 to a high of 791.06. The Credit Services industry median Days Payable is 33.92. Thitikorn PCL's value of 31.99 is 5.7% below this industry median. Based on the distribution chart, Thitikorn PCL ranks #187 out of 300 companies in the Credit Services industry, which is below the industry midpoint. Overall, Thitikorn PCL has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thitikorn PCL's Days Payable compare to V and MA?
According to the Credit Services industry distribution chart, Thitikorn PCL ranks #187 out of 300 companies for Days Payable. This places Thitikorn PCL in the lower half of its industry. The industry median Days Payable is 33.92. Thitikorn PCL's value of 31.99 is 5.7% below this benchmark. Historically, Thitikorn PCL's own Days Payable has ranged from 17.52 to 791.06 over the past decade. While the company's 10-year median is 263.98 vs. the industry median of 33.92, Thitikorn 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 Credit Services company?
The median Days Payable among Credit Services companies is 33.92, based on 300 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. Thitikorn PCL's current Days Payable of 31.99 is 5.7% 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 Thitikorn PCL and its competitors. For the Credit Services industry, the median Days Payable is 33.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thitikorn PCL's current Days Payable is 31.99, which is 88% below median its own 10-year median of 263.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thitikorn PCL stock overvalued right now?
Based on GuruFocus' analysis, Thitikorn PCL (BKK:TK) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿2.39, compared to a current price of ฿4.18 — trading 74.9% above its estimated fair value. The current Days Payable is 31.99, which is 88% below median its 10-year median of 263.98 and 5.7% below the Credit Services industry median of 33.92. Thitikorn PCL's overall GF Score™ is 60/100 with 5 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 Thitikorn PCL (BKK:TK), the current Days Payable is 31.99 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 Thitikorn PCL (BKK:TK) Overvalued in 2026?

Based on GuruFocus' analysis, Thitikorn PCL stock appears to be overvalued. The current stock price of ฿4.18 is trading 74.9% above its estimated GF Value™ of ฿2.39. GuruFocus considers Thitikorn PCL to be Significantly Overvalued.

Key valuation signals for BKK:TK:

  • Days Payable: 31.99 (88% below median its 10-year median of 263.98)
  • GF Value™: ฿2.39 vs. price of ฿4.18 (74.9% above fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 5.7% below the Credit Services median (#187 of 300)

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


Thitikorn PCL Business Description

Address 69 Ramkhamhaeng Road, Huamark, Bangkapi, Bangkok, THA, 10240
Thitikorn PCL and its subsidiaries are engaged in the vehicle hire-purchase business and related other services, and letting of motorcycle under operating lease. The company has a single-core operating segment which by product which are majority of hire-purchase on automobile and motorcycle and letting of motorcycle for general retail customers whereby the business activities with respect of loans and nano finance, including non-life insurance broker business and personal loan to the general retail customers are insignificant portion as compared to the entire volumes and business activities.. The company generates the majority of its revenue from the Domestic market.
60GF Score

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

฿4.18
Price
฿2.39
GF Value