Thanapiriya PCL (BKK:TNP) Days Payable: 27.22 (As of Dec. 2025) — Near Median

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BKK:TNP Thanapiriya PCL BKK:TNP
97 GF Score
Price ฿2.94
GF Value ฿3.88
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Thanapiriya PCL Days Payable?

Thanapiriya PCL BKK:TNP 97 Days Payable is 27.22 as of Dec. 2025, which is 8% below its 10-year median of 29.53. GuruFocus rates BKK:TNP with a GF Score™ of 97/100 and a GF Value™ of ฿3.88 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 305 Retail - Defensive companies, Thanapiriya PCL ranks worse than 70.49% on this metric.

Thanapiriya PCL's average Accounts Payable for the three months ended in Dec. 2025 was ฿220 Mil. Thanapiriya PCL's Cost of Goods Sold for the three months ended in Dec. 2025 was ฿736 Mil. Hence, Thanapiriya PCL's Days Payable for the three months ended in Dec. 2025 was 27.22.

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

BKK:TNP' s Days Payable Range Over the Past 10 Years
Min: 24.24   Med: 29.53   Max: 34.89
Current: 29.65

During the past 13 years, Thanapiriya PCL's highest Days Payable was 34.89. The lowest was 24.24. And the median was 29.53.

BKK:TNP's Days Payable is ranked worse than
70.49% of 305 companies
in the Retail - Defensive industry
Industry Median: 43.57 vs BKK:TNP: 29.65

Thanapiriya PCL's Days Payable declined from Dec. 2024 (32.22) to Dec. 2025 (27.22). It may suggest that Thanapiriya PCL accelerated paying its suppliers.


Thanapiriya PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Thanapiriya 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.

Thanapiriya PCL Days Payable Chart

Thanapiriya 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 24.24 26.99 27.14 29.37 31.43

Thanapiriya PCL Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 32.22 31.24 29.15 29.69 27.22

BKK:TNP vs KR, SFM: Days Payable Comparison

For the Grocery Stores subindustry, Thanapiriya 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.


Thanapiriya PCL Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Thanapiriya PCL's Days Payable distribution charts can be found below:

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


BKK:TNP
97GF Score
Thanapiriya PCL BKK:TNP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Thanapiriya 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.

Thanapiriya 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
=( (199.467 + 235.595) / 2 ) / 2525.984*365
=217.531 / 2525.984*365
=31.43

Thanapiriya PCL's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (203.574 + 235.595) / 2 ) / 736.016*365 / 4
=219.5845 / 736.016*365 / 4
=27.22

* 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 27.22 mean?
Thanapiriya PCL (BKK:TNP) has a Days Payable of 27.22 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Thanapiriya PCL and its competitors. This is near median its historical median of 29.53. Over the past decade, Thanapiriya PCL's Days Payable has ranged from 24.24 to 34.89. According to the industry distribution chart, Thanapiriya PCL ranks #215 out of 305 companies in the Retail - Defensive industry, placing it in the top 70.5%.
Is Thanapiriya PCL's Days Payable too high?
Thanapiriya PCL's current Days Payable of 27.22 is near median its 10-year median of 29.53. Over the past 10 years, this metric has ranged from a low of 24.24 to a high of 34.89. The Retail - Defensive industry median Days Payable is 43.57. Thanapiriya PCL's value of 27.22 is 37.5% below this industry median. Based on the distribution chart, Thanapiriya PCL ranks #215 out of 305 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Thanapiriya PCL has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thanapiriya PCL's Days Payable compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Thanapiriya PCL ranks #215 out of 305 companies for Days Payable. This places Thanapiriya PCL in the lower half of its industry. The industry median Days Payable is 43.57. Thanapiriya PCL's value of 27.22 is 37.5% below this benchmark. Historically, Thanapiriya PCL's own Days Payable has ranged from 24.24 to 34.89 over the past decade. While the company's 10-year median is 29.53 vs. the industry median of 43.57, Thanapiriya 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 Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.57, based on 305 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. Thanapiriya PCL's current Days Payable of 27.22 is 37.5% 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 Thanapiriya PCL and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thanapiriya PCL's current Days Payable is 27.22, which is near median its own 10-year median of 29.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thanapiriya PCL stock overvalued right now?
Based on GuruFocus' analysis, Thanapiriya PCL (BKK:TNP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿3.88, compared to a current price of ฿2.94 — trading 24.2% below its estimated fair value. The current Days Payable is 27.22, which is near median its 10-year median of 29.53 and 37.5% below the Retail - Defensive industry median of 43.57. Thanapiriya PCL's overall GF Score™ is 97/100 with 1 warning sign 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 Thanapiriya PCL (BKK:TNP), the current Days Payable is 27.22 as of Dec. 2025. 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 Thanapiriya PCL (BKK:TNP) Overvalued in 2026?

Based on GuruFocus' analysis, Thanapiriya PCL stock appears to be undervalued. The current stock price of ฿2.94 is trading 24.2% below its estimated GF Value™ of ฿3.88. GuruFocus considers Thanapiriya PCL to be Modestly Undervalued.

Key valuation signals for BKK:TNP:

  • Days Payable: 27.22 (near median its 10-year median of 29.53)
  • GF Value™: ฿3.88 vs. price of ฿2.94 (24.2% below fair value)
  • GF Score™: 97/100 with 1 warning sign
  • Industry Position: 37.5% below the Retail - Defensive median (#215 of 305)

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


Thanapiriya PCL Business Description

Address 329, Moo 8, Ban Du Sub-district, Muang Chiangrai District, Chiangrai, THA, 57100
Thanapiriya PCL is engaged in the retail and wholesale business of consumer goods. The company operates retail and wholesale superstores excluding fresh food through its supermarkets under the brand Thanapiriya. It generates revenue from sales and services through its branches and head office in Thailand.
97GF Score

Get the complete analysis for BKK:TNP

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

฿2.94
Price
฿3.88
GF Value