Trinity Watthana PCL (BKK:TNITY) Days Payable: 157.62 (As of Mar. 2026) — 34% Below Median


BKK:TNITY Trinity Watthana PCL BKK:TNITY
60 GF Score
Price ฿2.44
GF Value ฿2.97
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Trinity Watthana PCL Days Payable?

Trinity Watthana PCL BKK:TNITY +0.83% 60 Days Payable is 157.62 as of Mar. 2026, which is 34% below its 10-year median of 239.98. GuruFocus rates BKK:TNITY with a GF Score™ of 60/100 and a GF Value™ of ฿2.97 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 541 Capital Markets companies, Trinity Watthana PCL ranks better than 57.3% on this metric.

Trinity Watthana PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿186.7 Mil. Trinity Watthana PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿108.1 Mil. Hence, Trinity Watthana PCL's Days Payable for the three months ended in Mar. 2026 was 157.62.

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

BKK:TNITY' s Days Payable Range Over the Past 10 Years
Min: 78.26   Med: 239.98   Max: 604.41
Current: 163.54

During the past 13 years, Trinity Watthana PCL's highest Days Payable was 604.41. The lowest was 78.26. And the median was 239.98.

BKK:TNITY's Days Payable is ranked better than
57.3% of 541 companies
in the Capital Markets industry
Industry Median: 91.67 vs BKK:TNITY: 163.54

Trinity Watthana PCL's Days Payable increased from Mar. 2025 (139.24) to Mar. 2026 (157.62). It may suggest that Trinity Watthana PCL delayed paying its suppliers.


Trinity Watthana PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Trinity Watthana 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.

Trinity Watthana PCL Days Payable Chart

Trinity Watthana 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 227.46 369.24 374.73 107.71 78.26

Trinity Watthana 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 139.24 199.18 141.63 83.05 157.62

BKK:TNITY vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, Trinity Watthana 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.


Trinity Watthana PCL Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Trinity Watthana PCL's Days Payable distribution charts can be found below:

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


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

Trinity Watthana 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
=( (80.205 + 67.096) / 2 ) / 343.496*365
=73.6505 / 343.496*365
=78.26

Trinity Watthana 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
=( (67.096 + 306.211) / 2 ) / 108.057*365 / 4
=186.6535 / 108.057*365 / 4
=157.62

* 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 157.62 mean?
Trinity Watthana PCL (BKK:TNITY) has a Days Payable of 157.62 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 Trinity Watthana PCL and its competitors. This is 34% below median its historical median of 239.98. Over the past decade, Trinity Watthana PCL's Days Payable has ranged from 78.26 to 604.41. According to the industry distribution chart, Trinity Watthana PCL ranks #231 out of 541 companies in the Capital Markets industry, placing it in the top 42.7%.
Is Trinity Watthana PCL's Days Payable too high?
Trinity Watthana PCL's current Days Payable of 157.62 is 34% below median its 10-year median of 239.98. Over the past 10 years, this metric has ranged from a low of 78.26 to a high of 604.41. The Capital Markets industry median Days Payable is 91.67. Trinity Watthana PCL's value of 157.62 is 71.9% above this industry median. Based on the distribution chart, Trinity Watthana PCL ranks #231 out of 541 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Trinity Watthana PCL has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trinity Watthana PCL's Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Trinity Watthana PCL ranks #231 out of 541 companies for Days Payable. This puts Trinity Watthana PCL in the upper half of its industry. The industry median Days Payable is 91.67. Trinity Watthana PCL's value of 157.62 is 71.9% above this benchmark. Historically, Trinity Watthana PCL's own Days Payable has ranged from 78.26 to 604.41 over the past decade. While the company's 10-year median is 239.98 vs. the industry median of 91.67, Trinity Watthana 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 91.67, based on 541 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. Trinity Watthana PCL's current Days Payable of 157.62 is 71.9% 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 Trinity Watthana PCL and its competitors. For the Capital Markets industry, the median Days Payable is 91.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trinity Watthana PCL's current Days Payable is 157.62, which is 34% below median its own 10-year median of 239.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trinity Watthana PCL stock overvalued right now?
Based on GuruFocus' analysis, Trinity Watthana PCL (BKK:TNITY) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.97, compared to a current price of ฿2.44 — trading 17.8% below its estimated fair value. The current Days Payable is 157.62, which is 34% below median its 10-year median of 239.98 and 71.9% above the Capital Markets industry median of 91.67. Trinity Watthana PCL's overall GF Score™ is 60/100 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 Trinity Watthana PCL (BKK:TNITY), the current Days Payable is 157.62 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 Trinity Watthana PCL (BKK:TNITY) Overvalued in 2026?

Based on GuruFocus' analysis, Trinity Watthana PCL stock appears to be undervalued. The current stock price of ฿2.44 is trading 17.8% below its estimated GF Value™ of ฿2.97. GuruFocus considers Trinity Watthana PCL to be Modestly Undervalued.

Key valuation signals for BKK:TNITY:

  • Days Payable: 157.62 (34% below median its 10-year median of 239.98)
  • GF Value™: ฿2.97 vs. price of ฿2.44 (17.8% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 71.9% above the Capital Markets median (#231 of 541)

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


Trinity Watthana PCL Business Description

Address Convent Road, 1 Park Silom, 22nd Floor, Silom, Bangrak, Bangkok, THA, 10500
Trinity Watthana PCL is principally engaged in investments in other companies, listed companies and derivatives, and lending. The firm and its subsidiaries are organized into two principal business segments based on their products and services: the Securities and derivatives business, which is the key revenue-generating segment, and the Financial advisory and investment banking business. It is engaged in the securities business, including securities brokerage, securities trading, investment advisory, securities underwriting, securities borrowing and lending, private fund asset management, financial advisory, and derivatives agent.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿2.44
Price
฿2.97
GF Value