Thakral (SGX:AWI) Days Payable: 10.79 (As of Dec. 2025) — 22% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SGX:AWI Thakral Corp Ltd SGX:AWI
72 GF Score
Price S$1.76
GF Value S$1.38
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Thakral Days Payable?

Thakral SGX:AWI +1.15% 72 Days Payable is 10.79 as of Dec. 2025, which is 22% below its 10-year median of 13.88. GuruFocus rates SGX:AWI with a GF Score™ of 72/100 and a GF Value™ of S$1.38 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,106 Retail - Cyclical companies, Thakral ranks worse than 90.05% on this metric.

Thakral's average Accounts Payable for the six months ended in Dec. 2025 was S$9.7 Mil. Thakral's Cost of Goods Sold for the six months ended in Dec. 2025 was S$164.4 Mil. Hence, Thakral's Days Payable for the six months ended in Dec. 2025 was 10.79.

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

SGX:AWI' s Days Payable Range Over the Past 10 Years
Min: 7.87   Med: 13.88   Max: 31.4
Current: 11.84

During the past 13 years, Thakral's highest Days Payable was 31.40. The lowest was 7.87. And the median was 13.88.

SGX:AWI's Days Payable is ranked worse than
90.05% of 1106 companies
in the Retail - Cyclical industry
Industry Median: 51.35 vs SGX:AWI: 11.84

Thakral's Days Payable declined from Dec. 2024 (11.36) to Dec. 2025 (10.79). It may suggest that Thakral accelerated paying its suppliers.


Thakral Days Payable Historical Data

* Premium members only.

The historical data trend for Thakral'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.

Thakral Days Payable Chart

Thakral 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 7.87 10.94 15.58 15.24 13.99

Thakral Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 21.20 14.20 11.36 10.72 10.79

SGX:AWI vs CASY, WSM, ULTA: Days Payable Comparison

For the Specialty Retail subindustry, Thakral'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.


Thakral Days Payable vs Retail - Cyclical Industry

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

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


SGX:AWI
72GF Score
Thakral Corp Ltd SGX:AWI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thakral 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.

Thakral'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
=( (9.566 + 13.282) / 2 ) / 298.083*365
=11.424 / 298.083*365
=13.99

Thakral's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (6.15 + 13.282) / 2 ) / 164.359*365 / 2
=9.716 / 164.359*365 / 2
=10.79

* 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 10.79 mean?
Thakral (SGX:AWI) has a Days Payable of 10.79 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Thakral and its competitors. This is 22% below median its historical median of 13.88. Over the past decade, Thakral's Days Payable has ranged from 7.87 to 31.40. According to the industry distribution chart, Thakral ranks #996 out of 1106 companies in the Retail - Cyclical industry, placing it in the top 90.1%.
Is Thakral's Days Payable too high?
Thakral's current Days Payable of 10.79 is 22% below median its 10-year median of 13.88. Over the past 10 years, this metric has ranged from a low of 7.87 to a high of 31.40. The Retail - Cyclical industry median Days Payable is 51.35. Thakral's value of 10.79 is 79% below this industry median. Based on the distribution chart, Thakral ranks #996 out of 1106 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Thakral has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thakral's Days Payable compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Thakral ranks #996 out of 1106 companies for Days Payable. This places Thakral in the lower half of its industry. The industry median Days Payable is 51.35. Thakral's value of 10.79 is 79% below this benchmark. Historically, Thakral's own Days Payable has ranged from 7.87 to 31.40 over the past decade. While the company's 10-year median is 13.88 vs. the industry median of 51.35, Thakral 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.35, based on 1,106 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. Thakral's current Days Payable of 10.79 is 79% 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 Thakral and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thakral's current Days Payable is 10.79, which is 22% below median its own 10-year median of 13.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thakral stock overvalued right now?
Based on GuruFocus' analysis, Thakral (SGX:AWI) is currently considered Modestly Overvalued. The stock's GF Value™ is S$1.38, compared to a current price of S$1.76 — trading 27.5% above its estimated fair value. The current Days Payable is 10.79, which is 22% below median its 10-year median of 13.88 and 79% below the Retail - Cyclical industry median of 51.35. Thakral's overall GF Score™ is 72/100 with 3 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 Thakral (SGX:AWI), the current Days Payable is 10.79 as of Dec. 2025. 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 Thakral (SGX:AWI) Overvalued in 2026?

Based on GuruFocus' analysis, Thakral stock appears to be overvalued. The current stock price of S$1.76 is trading 27.5% above its estimated GF Value™ of S$1.38. GuruFocus considers Thakral to be Modestly Overvalued.

Key valuation signals for SGX:AWI:

  • Days Payable: 10.79 (22% below median its 10-year median of 13.88)
  • GF Value™: S$1.38 vs. price of S$1.76 (27.5% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 79% below the Retail - Cyclical median (#996 of 1106)

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


Thakral Business Description

Address 20 Upper Circular Road, Number 03-06 The Riverwalk, Singapore, SGP, 058416
Thakral Corp Ltd is an investment holding company that operates in the Investments, Lifestyle, and Other segments. The Investment segment includes real estate and property investments in Australia, India, the People's Republic of China (including Hong Kong), Japan, and Singapore. The Lifestyle division comprises marketing and distributing beauty, wellness, and lifestyle products in India, Japan, the People's Republic of China (including Hong Kong), Singapore, and various export markets. It derives a majority of the revenue from the Lifestyle segment. The geographic footprints of the company are in the PRC, Australia, Singapore, and other countries.
72GF Score

Get the complete analysis for SGX:AWI

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

S$1.76
Price
S$1.38
GF Value