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Thai Mitsuwa PCLBKK:TMW +1.22%91 Days Payable is 37.69 as of Mar. 2026, which is 16% below its 10-year median of 44.86. GuruFocus rates BKK:TMW with a GF Score™ of 91/100 and a GF Value™ of ฿57.58 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,554 Chemicals companies, Thai Mitsuwa PCL ranks worse than 72.07% on this metric.
The historical rank and industry rank for Thai Mitsuwa PCL's Days Payable or its related term are showing as below:
BKK:TMW'
s Days Payable Range Over the Past 10 Years
Min: 36.43 Med: 44.86 Max: 61.06
Current: 37.56
During the past 13 years, Thai Mitsuwa PCL's highest Days Payable was 61.06. The lowest was 36.43. And the median was 44.86.
BKK:TMW's Days Payable is ranked worse than 72.07% of 1554
companies
in the Chemicals industry
Industry Median: 59.565
vs BKK:TMW: 37.56
Thai Mitsuwa PCL's Days Payable
declined
from Mar. 2025 (40.39) to Mar. 2026 (37.69).
It may suggest that Thai Mitsuwa PCLaccelerated paying its suppliers.
Thai Mitsuwa PCL Days Payable Related Terms
Thai Mitsuwa PCL Days Payable Historical Data
* Premium members only.
The historical data trend for Thai Mitsuwa 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 Specialty Chemicals subindustry, Thai Mitsuwa 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 Mitsuwa PCL Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Thai Mitsuwa PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Thai Mitsuwa 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.
Thai Mitsuwa PCL's Days Payable for the fiscal year that ended in Mar. 2026 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.
Thai Mitsuwa PCL (BKK:TMW) has a Days Payable of 37.69 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 Mitsuwa PCL and its competitors. This is 16% below median its historical median of 44.86. Over the past decade, Thai Mitsuwa PCL's Days Payable has ranged from 36.43 to 61.06. According to the industry distribution chart, Thai Mitsuwa PCL ranks #1120 out of 1554 companies in the Chemicals industry, placing it in the top 72.1%.
Is Thai Mitsuwa PCL's Days Payable too high?
Thai Mitsuwa PCL's current Days Payable of 37.69 is 16% below median its 10-year median of 44.86. Over the past 10 years, this metric has ranged from a low of 36.43 to a high of 61.06. The Chemicals industry median Days Payable is 59.57. Thai Mitsuwa PCL's value of 37.69 is 36.7% below this industry median. Based on the distribution chart, Thai Mitsuwa PCL ranks #1120 out of 1554 companies in the Chemicals industry, which is below the industry midpoint. Overall, Thai Mitsuwa PCL has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Mitsuwa PCL's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Thai Mitsuwa PCL ranks #1120 out of 1554 companies for Days Payable. This places Thai Mitsuwa PCL in the lower half of its industry. The industry median Days Payable is 59.57. Thai Mitsuwa PCL's value of 37.69 is 36.7% below this benchmark. Historically, Thai Mitsuwa PCL's own Days Payable has ranged from 36.43 to 61.06 over the past decade. While the company's 10-year median is 44.86 vs. the industry median of 59.57, Thai Mitsuwa 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.57, based on 1,554 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 Mitsuwa PCL's current Days Payable of 37.69 is 36.7% 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 Thai Mitsuwa PCL and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Mitsuwa PCL's current Days Payable is 37.69, which is 16% below median its own 10-year median of 44.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Mitsuwa PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Mitsuwa PCL (BKK:TMW) is currently considered Fairly Valued. The stock's GF Value™ is ฿57.58, compared to a current price of ฿62.25 — trading 8.1% above its estimated fair value. The current Days Payable is 37.69, which is 16% below median its 10-year median of 44.86 and 36.7% below the Chemicals industry median of 59.57. Thai Mitsuwa PCL's overall GF Score™ is 91/100 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 Thai Mitsuwa PCL (BKK:TMW), the current Days Payable is 37.69 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 Mitsuwa PCL (BKK:TMW) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Mitsuwa PCL stock appears to be overvalued.
The current stock price of ฿62.25 is trading 8.1% above its estimated GF Value™ of ฿57.58.
GuruFocus considers Thai Mitsuwa PCL to be Fairly Valued.
Key valuation signals for BKK:TMW:
Days Payable: 37.69 (16% below median its 10-year median of 44.86)
GF Value™: ฿57.58 vs. price of ฿62.25 (8.1% above fair value)
Industry Position: 36.7% below the Chemicals median (#1120 of 1554)
No single metric tells the full story. See the BKK:TMW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Mitsuwa PCL is a Thailand-based manufacturing company. The company's operating segment includes the manufacture and sales of plastic; the manufacture and sales of magnesium and the manufacture and sales of mold. It generates maximum revenue from the manufacture and sales of the magnesium segment. The product portfolio of the company includes Automotive parts comprising plastic parts for fenders front, rear panels, and door handles; Home Appliances comprising plastic parts for audio-video products like DVD and Home systems and magnesium products.
91GF Score
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