What is Thai Airways International PCL Days Payable?
Thai Airways International PCLFRA:THAF 44 Days Payable is 23.43 as of Mar. 2026, which is 76% above its 10-year median of 13.28. GuruFocus rates FRA:THAF with a GF Score™ of 44/100 and a GF Value™ of €0.01 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 972 Transportation companies, Thai Airways International PCL ranks worse than 71.09% on this metric.
* 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.
FRA:THAF vs DAL, UAL, LUV: Days Payable Comparison
For the Airlines subindustry, Thai Airways International 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 Airways International PCL Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Thai Airways International PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Thai Airways International PCL's Days Payable falls into.
Thai Airways International 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.
* 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 Airways International PCL (FRA:THAF) has a Days Payable of 23.43 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 Airways International PCL and its competitors. This is 76% above median its historical median of 13.28. Over the past decade, Thai Airways International PCL's Days Payable has ranged from 9.85 to 123.73. According to the industry distribution chart, Thai Airways International PCL ranks #691 out of 972 companies in the Transportation industry, placing it in the top 71.1%.
Is Thai Airways International PCL's Days Payable too high?
Thai Airways International PCL's current Days Payable of 23.43 is 76% above median its 10-year median of 13.28. Over the past 10 years, this metric has ranged from a low of 9.85 to a high of 123.73. The Transportation industry median Days Payable is 38.91. Thai Airways International PCL's value of 23.43 is 39.8% below this industry median. Based on the distribution chart, Thai Airways International PCL ranks #691 out of 972 companies in the Transportation industry, which is below the industry midpoint. Overall, Thai Airways International PCL has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Airways International PCL's Days Payable compare to DAL and UAL?
According to the Transportation industry distribution chart, Thai Airways International PCL ranks #691 out of 972 companies for Days Payable. This places Thai Airways International PCL in the lower half of its industry. The industry median Days Payable is 38.91. Thai Airways International PCL's value of 23.43 is 39.8% below this benchmark. Historically, Thai Airways International PCL's own Days Payable has ranged from 9.85 to 123.73 over the past decade. While the company's 10-year median is 13.28 vs. the industry median of 38.91, Thai Airways International 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 Transportation company?
The median Days Payable among Transportation companies is 38.91, based on 972 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 Airways International PCL's current Days Payable of 23.43 is 39.8% 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 Thai Airways International PCL and its competitors. For the Transportation industry, the median Days Payable is 38.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Airways International PCL's current Days Payable is 23.43, which is 76% above median its own 10-year median of 13.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Airways International PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Airways International PCL (FRA:THAF) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.01, compared to a current price of €0.16 — trading 1500% above its estimated fair value. The current Days Payable is 23.43, which is 76% above median its 10-year median of 13.28 and 39.8% below the Transportation industry median of 38.91. Thai Airways International PCL's overall GF Score™ is 44/100 with 4 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 Airways International PCL (FRA:THAF), the current Days Payable is 23.43 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 Airways International PCL (FRA:THAF) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Airways International PCL stock appears to be overvalued.
The current stock price of €0.16 is trading 1500% above its estimated GF Value™ of €0.01.
GuruFocus considers Thai Airways International PCL to be Significantly Overvalued.
Key valuation signals for FRA:THAF:
Days Payable: 23.43 (76% above median its 10-year median of 13.28)
GF Value™: €0.01 vs. price of €0.16 (1500% above fair value)
Industry Position: 39.8% below the Transportation median (#691 of 972)
No single metric tells the full story. See the FRA:THAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Airways International PCL Business Description
Thai Airways International PCL is a state-owned enterprise (Thailand) operating domestic, regional, and intercontinental flights. The company segments are Air Transport, Business Units, and Others. The air transport business focuses on the transportation of passengers, cargo, and mail, and utilizes scheduled and chartered flights to domestic and international destinations. The business units segment ensures all flights reach their destination on time and at the correct location, and offers support with cargo terminal handling, group equipment services, and catering services. The other segments include the sale of duty-free goods, the sale of souvenir products from the maintenance division, and the operation of subsidiaries. The majority of revenue originates from Asia from Air Transport.
44GF Score
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