Thai Plaspac PCLBKK:TPAC +0.56%89 Days Payable is 31.22 as of Mar. 2026, which is 40% above its 10-year median of 22.28. GuruFocus rates BKK:TPAC with a GF Score™ of 89/100 and a GF Value™ of ฿10.39 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 378 Packaging & Containers companies, Thai Plaspac PCL ranks worse than 72.75% on this metric.
The historical rank and industry rank for Thai Plaspac PCL's Days Payable or its related term are showing as below:
BKK:TPAC'
s Days Payable Range Over the Past 10 Years
Min: 18.01 Med: 22.28 Max: 37.16
Current: 37.16
During the past 13 years, Thai Plaspac PCL's highest Days Payable was 37.16. The lowest was 18.01. And the median was 22.28.
BKK:TPAC's Days Payable is ranked worse than 72.75% of 378
companies
in the Packaging & Containers industry
Industry Median: 57.265
vs BKK:TPAC: 37.16
Thai Plaspac PCL's Days Payable
increased
from Mar. 2025 (28.59) to Mar. 2026 (31.22).
It may suggest that Thai Plaspac PCLdelayed paying its suppliers.
Thai Plaspac PCL Days Payable Related Terms
Thai Plaspac PCL Days Payable Historical Data
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The historical data trend for Thai Plaspac 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 Packaging & Containers subindustry, Thai Plaspac 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 Plaspac PCL Days Payable vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thai Plaspac PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Thai Plaspac 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 Plaspac PCL's Days Payable for the fiscal year that ended in Dec. 2025 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 Plaspac PCL (BKK:TPAC) has a Days Payable of 31.22 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 Plaspac PCL and its competitors. This is 40% above median its historical median of 22.28. Over the past decade, Thai Plaspac PCL's Days Payable has ranged from 18.01 to 37.16. According to the industry distribution chart, Thai Plaspac PCL ranks #275 out of 378 companies in the Packaging & Containers industry, placing it in the top 72.8%.
Is Thai Plaspac PCL's Days Payable too high?
Thai Plaspac PCL's current Days Payable of 31.22 is 40% above median its 10-year median of 22.28. Over the past 10 years, this metric has ranged from a low of 18.01 to a high of 37.16. The Packaging & Containers industry median Days Payable is 57.27. Thai Plaspac PCL's value of 31.22 is 45.5% below this industry median. Based on the distribution chart, Thai Plaspac PCL ranks #275 out of 378 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Thai Plaspac PCL has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Plaspac PCL's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thai Plaspac PCL ranks #275 out of 378 companies for Days Payable. This places Thai Plaspac PCL in the lower half of its industry. The industry median Days Payable is 57.27. Thai Plaspac PCL's value of 31.22 is 45.5% below this benchmark. Historically, Thai Plaspac PCL's own Days Payable has ranged from 18.01 to 37.16 over the past decade. While the company's 10-year median is 22.28 vs. the industry median of 57.27, Thai Plaspac 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.27, based on 378 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 Plaspac PCL's current Days Payable of 31.22 is 45.5% 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 Thai Plaspac PCL and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Plaspac PCL's current Days Payable is 31.22, which is 40% above median its own 10-year median of 22.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Plaspac PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Plaspac PCL (BKK:TPAC) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿10.39, compared to a current price of ฿8.95 — trading 13.9% below its estimated fair value. The current Days Payable is 31.22, which is 40% above median its 10-year median of 22.28 and 45.5% below the Packaging & Containers industry median of 57.27. Thai Plaspac PCL's overall GF Score™ is 89/100 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 Plaspac PCL (BKK:TPAC), the current Days Payable is 31.22 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 Plaspac PCL (BKK:TPAC) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Plaspac PCL stock appears to be undervalued.
The current stock price of ฿8.95 is trading 13.9% below its estimated GF Value™ of ฿10.39.
GuruFocus considers Thai Plaspac PCL to be Modestly Undervalued.
Key valuation signals for BKK:TPAC:
Days Payable: 31.22 (40% above median its 10-year median of 22.28)
GF Value™: ฿10.39 vs. price of ฿8.95 (13.9% below fair value)
Industry Position: 45.5% below the Packaging & Containers median (#275 of 378)
No single metric tells the full story. See the BKK:TPAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Plaspac PCL is a Thailand-based company that operates in the plastic packaging business. The activity of the group includes the manufacturing and distribution of plastic packaging materials. It offers a wide range of manufacturing capabilities, ranging from packaging design, injection-molding, blow-molding, injection/blow molding in-line inspections, and quality assurance. It serves food, daily products, consumer-household, and other sectors. Geographically, the firm has a business presence in Thailand and Other overseas countries.
89GF Score
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