TVD Holdings PCL (BKK:TVDH) Days Payable: 123.68 (As of Mar. 2026) — 93% Above Median

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What is TVD Holdings PCL Days Payable?

TVD Holdings PCL BKK:TVDH Days Payable is 123.68 as of Mar. 2026, which is 93% above its 10-year median of 64.14. The stock has 2 warning signs investors should review. Among 1,103 Retail - Cyclical companies, TVD Holdings PCL ranks better than 88.3% on this metric.

TVD Holdings PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿74.5 Mil. TVD Holdings PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿55.0 Mil. Hence, TVD Holdings PCL's Days Payable for the three months ended in Mar. 2026 was 123.68.

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

BKK:TVDH' s Days Payable Range Over the Past 10 Years
Min: 43.92   Med: 64.14   Max: 164.72
Current: 164.72

During the past 13 years, TVD Holdings PCL's highest Days Payable was 164.72. The lowest was 43.92. And the median was 64.14.

BKK:TVDH's Days Payable is ranked better than
88.3% of 1103 companies
in the Retail - Cyclical industry
Industry Median: 51.47 vs BKK:TVDH: 164.72

TVD Holdings PCL's Days Payable declined from Mar. 2025 (174.75) to Mar. 2026 (123.68). It may suggest that TVD Holdings PCL accelerated paying its suppliers.


TVD Holdings PCL Days Payable Historical Data

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The historical data trend for TVD Holdings 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.

TVD Holdings PCL Days Payable Chart

TVD Holdings 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 43.92 64.45 99.80 155.11 132.76

TVD Holdings 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 174.75 142.17 199.35 217.25 123.68

BKK:TVDH vs AMZN, BABA, PDD: Days Payable Comparison

For the Internet Retail subindustry, TVD Holdings 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.


TVD Holdings PCL Days Payable vs Retail - Cyclical Industry

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

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



TVD Holdings 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.

TVD Holdings 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
=( (245.662 + 76.261) / 2 ) / 442.544*365
=160.9615 / 442.544*365
=132.76

TVD Holdings 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
=( (76.261 + 72.791) / 2 ) / 54.984*365 / 4
=74.526 / 54.984*365 / 4
=123.68

* 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 123.68 mean?
TVD Holdings PCL (BKK:TVDH) has a Days Payable of 123.68 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 TVD Holdings PCL and its competitors. This is 93% above median its historical median of 64.14. Over the past decade, TVD Holdings PCL's Days Payable has ranged from 43.92 to 164.72. According to the industry distribution chart, TVD Holdings PCL ranks #129 out of 1103 companies in the Retail - Cyclical industry, placing it in the top 11.7%.
Is TVD Holdings PCL's Days Payable too high?
TVD Holdings PCL's current Days Payable of 123.68 is 93% above median its 10-year median of 64.14. Over the past 10 years, this metric has ranged from a low of 43.92 to a high of 164.72. The Retail - Cyclical industry median Days Payable is 51.47. TVD Holdings PCL's value of 123.68 is 140.3% above this industry median. Based on the distribution chart, TVD Holdings PCL ranks #129 out of 1103 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers.
How does TVD Holdings PCL's Days Payable compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, TVD Holdings PCL ranks #129 out of 1103 companies for Days Payable. This places TVD Holdings PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.47. TVD Holdings PCL's value of 123.68 is 140.3% above this benchmark. Historically, TVD Holdings PCL's own Days Payable has ranged from 43.92 to 164.72 over the past decade. While the company's 10-year median is 64.14 vs. the industry median of 51.47, TVD Holdings 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.47, based on 1,103 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. TVD Holdings PCL's current Days Payable of 123.68 is 140.3% 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 TVD Holdings PCL and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TVD Holdings PCL's current Days Payable is 123.68, which is 93% above median its own 10-year median of 64.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVD Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, TVD Holdings PCL (BKK:TVDH) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.10, compared to a current price of ฿0.05 — trading 50% below its estimated fair value. The current Days Payable is 123.68, which is 93% above median its 10-year median of 64.14 and 140.3% above the Retail - Cyclical industry median of 51.47. 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 TVD Holdings PCL (BKK:TVDH), the current Days Payable is 123.68 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.

TVD Holdings PCL Business Description

Address 25 Watcharaphol Road, Tha-Raeng Sub-district, Bang Khen District, Bangkok, THA, 10230
TVD Holdings PCL is engaged in the sales of goods and services through various marketing channels, including providing and producing TV programs, and selling air time for advertising. The company operates in various business segments that include: Selling products: offering products to consumers via 24-hour home shopping television, digital TV and online media, Provide secured loans: Engaging in lending business, providing loans with movable or immovable property as collateral Investment: Investing in fiber optic distribution projects and investing in foreign securities, Television media: Providing satellite signal channels and broadcasting time, Services: Providing services of departments and other services. The majority of its revenue is generated from the selling products segment.