Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Thai Wah PCLBKK:TWPC 72 Days Payable is 29.02 as of Mar. 2026, which is 80% above its 10-year median of 16.10. GuruFocus rates BKK:TWPC with a GF Score™ of 72/100 and a GF Value™ of ฿2.94 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,888 Consumer Packaged Goods companies, Thai Wah PCL ranks worse than 79.4% on this metric.
The historical rank and industry rank for Thai Wah PCL's Days Payable or its related term are showing as below:
BKK:TWPC'
s Days Payable Range Over the Past 10 Years
Min: 14.62 Med: 16.1 Max: 27.02
Current: 23.92
During the past 13 years, Thai Wah PCL's highest Days Payable was 27.02. The lowest was 14.62. And the median was 16.10.
BKK:TWPC's Days Payable is ranked worse than 79.4% of 1888
companies
in the Consumer Packaged Goods industry
Industry Median: 44.05
vs BKK:TWPC: 23.92
Thai Wah PCL's Days Payable
increased
from Mar. 2025 (21.23) to Mar. 2026 (29.02).
It may suggest that Thai Wah PCLdelayed paying its suppliers.
Thai Wah PCL Days Payable Related Terms
Thai Wah PCL Days Payable Historical Data
* Premium members only.
The historical data trend for Thai Wah 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 Packaged Foods subindustry, Thai Wah 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 Wah PCL Days Payable vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Wah PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Thai Wah 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 Wah 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 Wah PCL (BKK:TWPC) has a Days Payable of 29.02 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 Wah PCL and its competitors. This is 80% above median its historical median of 16.10. Over the past decade, Thai Wah PCL's Days Payable has ranged from 14.62 to 27.02. According to the industry distribution chart, Thai Wah PCL ranks #1499 out of 1888 companies in the Consumer Packaged Goods industry, placing it in the top 79.4%.
Is Thai Wah PCL's Days Payable too high?
Thai Wah PCL's current Days Payable of 29.02 is 80% above median its 10-year median of 16.10. Over the past 10 years, this metric has ranged from a low of 14.62 to a high of 27.02. The Consumer Packaged Goods industry median Days Payable is 44.05. Thai Wah PCL's value of 29.02 is 34.1% below this industry median. Based on the distribution chart, Thai Wah PCL ranks #1499 out of 1888 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Thai Wah PCL has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Wah PCL's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Thai Wah PCL ranks #1499 out of 1888 companies for Days Payable. This places Thai Wah PCL in the lower half of its industry. The industry median Days Payable is 44.05. Thai Wah PCL's value of 29.02 is 34.1% below this benchmark. Historically, Thai Wah PCL's own Days Payable has ranged from 14.62 to 27.02 over the past decade. While the company's 10-year median is 16.10 vs. the industry median of 44.05, Thai Wah 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.05, based on 1,888 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 Wah PCL's current Days Payable of 29.02 is 34.1% 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 Wah PCL and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Wah PCL's current Days Payable is 29.02, which is 80% above median its own 10-year median of 16.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Wah PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Wah PCL (BKK:TWPC) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.94, compared to a current price of ฿2.88 — trading 2% below its estimated fair value. The current Days Payable is 29.02, which is 80% above median its 10-year median of 16.10 and 34.1% below the Consumer Packaged Goods industry median of 44.05. Thai Wah PCL's overall GF Score™ is 72/100 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 Thai Wah PCL (BKK:TWPC), the current Days Payable is 29.02 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 Wah PCL (BKK:TWPC) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Wah PCL stock appears to be undervalued.
The current stock price of ฿2.88 is trading 2% below its estimated GF Value™ of ฿2.94.
GuruFocus considers Thai Wah PCL to be Fairly Valued.
Key valuation signals for BKK:TWPC:
Days Payable: 29.02 (80% above median its 10-year median of 16.10)
GF Value™: ฿2.94 vs. price of ฿2.88 (2% below fair value)
Industry Position: 34.1% below the Consumer Packaged Goods median (#1499 of 1888)
No single metric tells the full story. See the BKK:TWPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Wah PCL is engaged in the manufacture and distribution of vermicelli, tapioca starch and other food products. Its products include Starch & Starch-Related Products such as Tapioca Flour & Starch, Modified Starch, Glucose Syrup, Tapioca Pearl, Alpha Starch, Rice Flour & Starch, and Organic Products; Food Products such as Bean Vermicelli, Rice Noodles, Rice Vermicelli, Starch, Flour And Pearl, and Meal Kit And Instant Noodles. Its segments include the manufacture and distribution of starch, the manufacture and distribution of vermicelli and other food products, and the manufacture and distribution of other agricultural products.
72GF Score
Get the complete analysis for BKK:TWPC
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:TWPC has been successfully added to your 
