Tirathai PCL (BKK:TRT-R) Days Payable: 63.38 (As of Mar. 2026) — Near Median


BKK:TRT-R Tirathai PCL BKK:TRT-R
58 GF Score
Price ฿3.52
GF Value ฿0.86
! 7 Warning Signs
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What is Tirathai PCL Days Payable?

Tirathai PCL BKK:TRT-R 58 Days Payable is 63.38 as of Mar. 2026, which is 2% above its 10-year median of 62.02. GuruFocus rates BKK:TRT-R with a GF Score™ of 58/100 and a GF Value™ of ฿0.86. The stock has 7 warning signs investors should review. Among 2,997 Industrial Products companies, Tirathai PCL ranks worse than 56.09% on this metric.

Tirathai PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿286 Mil. Tirathai PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿412 Mil. Hence, Tirathai PCL's Days Payable for the three months ended in Mar. 2026 was 63.38.

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

BKK:TRT-R' s Days Payable Range Over the Past 10 Years
Min: 48.34   Med: 62.02   Max: 79.64
Current: 67.5

During the past 13 years, Tirathai PCL's highest Days Payable was 79.64. The lowest was 48.34. And the median was 62.02.

BKK:TRT-R's Days Payable is ranked worse than
56.09% of 2997 companies
in the Industrial Products industry
Industry Median: 77.54 vs BKK:TRT-R: 67.50

Tirathai PCL's Days Payable increased from Mar. 2025 (47.82) to Mar. 2026 (63.38). It may suggest that Tirathai PCL delayed paying its suppliers.


Tirathai PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Tirathai 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.

Tirathai PCL Days Payable Chart

Tirathai 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 62.70 61.33 65.02 48.34 67.92

Tirathai 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 47.82 46.47 133.28 71.40 63.38

BKK:TRT-R vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Tirathai 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.


Tirathai PCL Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tirathai PCL's Days Payable distribution charts can be found below:

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


BKK:TRT-R
58GF Score
Tirathai PCL BKK:TRT-R
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tirathai 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.

Tirathai 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
=( (252.167 + 330.062) / 2 ) / 1564.419*365
=291.1145 / 1564.419*365
=67.92

Tirathai 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
=( (330.062 + 241.787) / 2 ) / 411.666*365 / 4
=285.9245 / 411.666*365 / 4
=63.38

* 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 63.38 mean?
Tirathai PCL (BKK:TRT-R) has a Days Payable of 63.38 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 Tirathai PCL and its competitors. This is near median its historical median of 62.02. Over the past decade, Tirathai PCL's Days Payable has ranged from 48.34 to 79.64. According to the industry distribution chart, Tirathai PCL ranks #1681 out of 2997 companies in the Industrial Products industry, placing it in the top 56.1%.
Is Tirathai PCL's Days Payable too high?
Tirathai PCL's current Days Payable of 63.38 is near median its 10-year median of 62.02. Over the past 10 years, this metric has ranged from a low of 48.34 to a high of 79.64. The Industrial Products industry median Days Payable is 77.54. Tirathai PCL's value of 63.38 is 18.3% below this industry median. Based on the distribution chart, Tirathai PCL ranks #1681 out of 2997 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tirathai PCL has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Tirathai PCL's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Tirathai PCL ranks #1681 out of 2997 companies for Days Payable. This places Tirathai PCL in the lower half of its industry. The industry median Days Payable is 77.54. Tirathai PCL's value of 63.38 is 18.3% below this benchmark. Historically, Tirathai PCL's own Days Payable has ranged from 48.34 to 79.64 over the past decade. While the company's 10-year median is 62.02 vs. the industry median of 77.54, Tirathai 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.54, based on 2,997 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. Tirathai PCL's current Days Payable of 63.38 is 18.3% 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 Tirathai PCL and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tirathai PCL's current Days Payable is 63.38, which is near median its own 10-year median of 62.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tirathai PCL stock overvalued right now?
Tirathai PCL (BKK:TRT-R) has a current Days Payable of 63.38. The stock's GF Value™ is ฿0.86, compared to a current price of ฿3.52 — trading 309.3% above its estimated fair value. The current Days Payable is 63.38, which is near median its 10-year median of 62.02 and 18.3% below the Industrial Products industry median of 77.54. Tirathai PCL's overall GF Score™ is 58/100 with 7 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 Tirathai PCL (BKK:TRT-R), the current Days Payable is 63.38 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 Tirathai PCL (BKK:TRT-R) Overvalued in 2026?

Based on GuruFocus' analysis, Tirathai PCL stock appears to be overvalued. The current stock price of ฿3.52 is trading 309.3% above its estimated GF Value™ of ฿0.86.

Key valuation signals for BKK:TRT-R:

  • Days Payable: 63.38 (near median its 10-year median of 62.02)
  • GF Value™: ฿0.86 vs. price of ฿3.52 (309.3% above fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 18.3% below the Industrial Products median (#1681 of 2997)

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


Tirathai PCL Business Description

Other Exchanges TRT:Thailand
Address 516/1 Moo 4, Sukhumvit Road, Bangpoo Industrial Estate, Amphoe Mueang, Samut Prakan, THA, 10280
Tirathai PCL is a Thailand-based company mainly involved in the business of manufacturing, repairing, and maintenance services of transformers and the sales of transformer equipment. In addition, it is also involved in general custom metalwork services. It offers Power transformers, Distribution transformers, and Special transformers. The company's operations are located in Thailand and other countries, of which key revenue is derived from Thailand.
58GF Score

Get the complete analysis for BKK:TRT-R

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

฿3.52
Price
฿0.86
GF Value