WHA PCL (BKK:WHA-R) Days Payable: 72.90 (As of Mar. 2026) — 74% Above Median


BKK:WHA-R WHA Corp PCL BKK:WHA-R
82 GF Score
Price ฿4.19
GF Value ฿3.87
! 10 Warning Signs
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What is WHA PCL Days Payable?

WHA PCL BKK:WHA-R 82 Days Payable is 72.90 as of Mar. 2026, which is 74% above its 10-year median of 41.94. GuruFocus rates BKK:WHA-R with a GF Score™ of 82/100 and a GF Value™ of ฿3.87. The stock has 10 warning signs investors should review. Among 1,571 Real Estate companies, WHA PCL ranks better than 64.29% on this metric.

WHA PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿1,263 Mil. WHA PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿1,581 Mil. Hence, WHA PCL's Days Payable for the three months ended in Mar. 2026 was 72.90.

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

BKK:WHA-R' s Days Payable Range Over the Past 10 Years
Min: 28.81   Med: 41.94   Max: 158.72
Current: 158.72

During the past 13 years, WHA PCL's highest Days Payable was 158.72. The lowest was 28.81. And the median was 41.94.

BKK:WHA-R's Days Payable is ranked better than
64.29% of 1571 companies
in the Real Estate industry
Industry Median: 94.38 vs BKK:WHA-R: 158.72

WHA PCL's Days Payable declined from Mar. 2025 (140.53) to Mar. 2026 (72.90). It may suggest that WHA PCL accelerated paying its suppliers.


WHA PCL Days Payable Historical Data

* Premium members only.

The historical data trend for WHA 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.

WHA PCL Days Payable Chart

WHA 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 52.32 37.44 44.76 84.55 51.89

WHA 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 140.53 241.52 436.03 77.41 72.90

BKK:WHA-R vs CBRE, BEKE: Days Payable Comparison

For the Real Estate Services subindustry, WHA 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.


WHA PCL Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, WHA PCL's Days Payable distribution charts can be found below:

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


BKK:WHA-R
82GF Score
WHA Corp PCL BKK:WHA-R
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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WHA 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.

WHA 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
=( (1230.54 + 997.203) / 2 ) / 7834.342*365
=1113.8715 / 7834.342*365
=51.89

WHA 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
=( (997.203 + 1528.016) / 2 ) / 1580.5*365 / 4
=1262.6095 / 1580.5*365 / 4
=72.90

* 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 72.90 mean?
WHA PCL (BKK:WHA-R) has a Days Payable of 72.90 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 WHA PCL and its competitors. This is 74% above median its historical median of 41.94. Over the past decade, WHA PCL's Days Payable has ranged from 28.81 to 158.72. According to the industry distribution chart, WHA PCL ranks #561 out of 1571 companies in the Real Estate industry, placing it in the top 35.7%.
Is WHA PCL's Days Payable too high?
WHA PCL's current Days Payable of 72.90 is 74% above median its 10-year median of 41.94. Over the past 10 years, this metric has ranged from a low of 28.81 to a high of 158.72. The Real Estate industry median Days Payable is 94.38. WHA PCL's value of 72.90 is 22.8% below this industry median. Based on the distribution chart, WHA PCL ranks #561 out of 1571 companies in the Real Estate industry, which is above the industry midpoint. Overall, WHA PCL has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does WHA PCL's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, WHA PCL ranks #561 out of 1571 companies for Days Payable. This puts WHA PCL in the upper half of its industry. The industry median Days Payable is 94.38. WHA PCL's value of 72.90 is 22.8% below this benchmark. Historically, WHA PCL's own Days Payable has ranged from 28.81 to 158.72 over the past decade. While the company's 10-year median is 41.94 vs. the industry median of 94.38, WHA 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,571 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. WHA PCL's current Days Payable of 72.90 is 22.8% 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 WHA PCL and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WHA PCL's current Days Payable is 72.90, which is 74% above median its own 10-year median of 41.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WHA PCL stock overvalued right now?
WHA PCL (BKK:WHA-R) has a current Days Payable of 72.90. The stock's GF Value™ is ฿3.87, compared to a current price of ฿4.19 — trading 8.2% above its estimated fair value. The current Days Payable is 72.90, which is 74% above median its 10-year median of 41.94 and 22.8% below the Real Estate industry median of 94.38. WHA PCL's overall GF Score™ is 82/100 with 10 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 WHA PCL (BKK:WHA-R), the current Days Payable is 72.90 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 WHA PCL (BKK:WHA-R) Overvalued in 2026?

Based on GuruFocus' analysis, WHA PCL stock appears to be overvalued. The current stock price of ฿4.19 is trading 8.2% above its estimated GF Value™ of ฿3.87.

Key valuation signals for BKK:WHA-R:

  • Days Payable: 72.90 (74% above median its 10-year median of 41.94)
  • GF Value™: ฿3.87 vs. price of ฿4.19 (8.2% above fair value)
  • GF Score™: 82/100 with 10 warning signs
  • Industry Position: 22.8% below the Real Estate median (#561 of 1571)

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


WHA PCL Business Description

Other Exchanges WHA:Thailand
Address Moo 13, Debaratna Road (Bangna-Trad) KM.7, 777 WHA TOWER, 23rd - 25th Floor, Bang Kaeo, Bang Phli, Samut Prakarn, THA, 10540
WHA Corp PCL is engaged in providing rent and sale of lands, buildings, factories, warehouses, and other properties; developing and managing properties in industrial estates and industrial zones; providing public utilities, facilities, and other related services; and providing digital services, data center, Internet connection, and other IT services. The company operates in four segments domestically: Real Estate, Power, Water, and Others; and three segments internationally: Real Estate, Water, and Others. It generates the majority of its revenue from the Real Estate segment in the form of leases & services, and sales. Geographically, it operates in the domestic market and the overseas market.
82GF Score

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

฿4.19
Price
฿3.87
GF Value