TBVPF (Thai Beverage) Days Payable: 23.27 (As of Mar. 2026) — 36% Above Median


TBVPF Thai Beverage PLC TBVPF
60 GF Score
Price $0.34
GF Value $0.39
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Thai Beverage Days Payable?

Thai Beverage TBVPF 60 Days Payable is 23.27 as of Mar. 2026, which is 36% above its 10-year median of 17.15. GuruFocus rates TBVPF with a GF Score™ of 60/100 and a GF Value™ of $0.39 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 202 Beverages - Alcoholic companies, Thai Beverage ranks worse than 92.08% on this metric.

Thai Beverage's average Accounts Payable for the six months ended in Mar. 2026 was $463 Mil. Thai Beverage's Cost of Goods Sold for the six months ended in Mar. 2026 was $3,633 Mil. Hence, Thai Beverage's Days Payable for the six months ended in Mar. 2026 was 23.27.

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

TBVPF' s Days Payable Range Over the Past 10 Years
Min: 13.78   Med: 17.15   Max: 24.23
Current: 24.23

During the past 13 years, Thai Beverage's highest Days Payable was 24.23. The lowest was 13.78. And the median was 17.15.

TBVPF's Days Payable is ranked worse than
92.08% of 202 companies
in the Beverages - Alcoholic industry
Industry Median: 80.855 vs TBVPF: 24.23

Thai Beverage's Days Payable increased from Mar. 2025 (22.86) to Mar. 2026 (23.27). It may suggest that Thai Beverage delayed paying its suppliers.


Thai Beverage Days Payable Historical Data

* Premium members only.

The historical data trend for Thai Beverage'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.

Thai Beverage Days Payable Chart

Thai Beverage Annual Data
Trend Dec15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.03 17.52 19.75 23.29 23.40

Thai Beverage Semi-Annual Data
Jun16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 18.75 19.25 22.86 24.44 23.27

TBVPF vs BF.B: Days Payable Comparison

For the Beverages - Wineries & Distilleries subindustry, Thai Beverage'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 Beverage Days Payable vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Thai Beverage's Days Payable distribution charts can be found below:

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


TBVPF
60GF Score
Thai Beverage PLC TBVPF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Beverage 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.

Thai Beverage's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (472.083 + 449.719) / 2 ) / 7188.584*365
=460.901 / 7188.584*365
=23.40

Thai Beverage'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (449.719 + 476.671) / 2 ) / 3633.336*365 / 2
=463.195 / 3633.336*365 / 2
=23.27

* 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 23.27 mean?
Thai Beverage (TBVPF) has a Days Payable of 23.27 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 Beverage and its competitors. This is 36% above median its historical median of 17.15. Over the past decade, Thai Beverage's Days Payable has ranged from 13.78 to 24.23. According to the industry distribution chart, Thai Beverage ranks #186 out of 202 companies in the Beverages - Alcoholic industry, placing it in the top 92.1%.
Is Thai Beverage's Days Payable too high?
Thai Beverage's current Days Payable of 23.27 is 36% above median its 10-year median of 17.15. Over the past 10 years, this metric has ranged from a low of 13.78 to a high of 24.23. The Beverages - Alcoholic industry median Days Payable is 80.86. Thai Beverage's value of 23.27 is 71.2% below this industry median. Based on the distribution chart, Thai Beverage ranks #186 out of 202 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Thai Beverage has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Beverage's Days Payable compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Thai Beverage ranks #186 out of 202 companies for Days Payable. This places Thai Beverage in the lower half of its industry. The industry median Days Payable is 80.86. Thai Beverage's value of 23.27 is 71.2% below this benchmark. Historically, Thai Beverage's own Days Payable has ranged from 13.78 to 24.23 over the past decade. While the company's 10-year median is 17.15 vs. the industry median of 80.86, Thai Beverage 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 Beverages - Alcoholic company?
The median Days Payable among Beverages - Alcoholic companies is 80.86, based on 202 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 Beverage's current Days Payable of 23.27 is 71.2% 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 Beverage and its competitors. For the Beverages - Alcoholic industry, the median Days Payable is 80.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Beverage's current Days Payable is 23.27, which is 36% above median its own 10-year median of 17.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Beverage stock overvalued right now?
Based on GuruFocus' analysis, Thai Beverage (TBVPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.39, compared to a current price of $0.34 — trading 13.9% below its estimated fair value. The current Days Payable is 23.27, which is 36% above median its 10-year median of 17.15 and 71.2% below the Beverages - Alcoholic industry median of 80.86. Thai Beverage's overall GF Score™ is 60/100 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 Thai Beverage (TBVPF), the current Days Payable is 23.27 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 Beverage (TBVPF) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Beverage stock appears to be undervalued. The current stock price of $0.34 is trading 13.9% below its estimated GF Value™ of $0.39. GuruFocus considers Thai Beverage to be Modestly Undervalued.

Key valuation signals for TBVPF:

  • Days Payable: 23.27 (36% above median its 10-year median of 17.15)
  • GF Value™: $0.39 vs. price of $0.34 (13.9% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 71.2% below the Beverages - Alcoholic median (#186 of 202)

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


Thai Beverage Business Description

Other Exchanges Y92:SingaporeT6W:Germany
Address 14 Vibhavadi Rangsit Road, Chomphon Sub-District, Chatuchak District, Bangkok, THA, 10900
Thai Beverage PLC is a Thailand-based company engaged in producing and distributing alcoholic and non-alcoholic beverages and food. The company's operating segments include Spirits; production and sales of branded spirits products and soda. Beer: production and sales of raw materials, branded beer products, Chang soda and Chang water. Non-alcoholic beverages: production and sales of branded water, ready-to-drink coffee, energy drink, green tea, fruit flavored drinks and dairy products. Food: restaurants and distribution of food and beverages; and Others: publishing and printing. Key revenue is generated from Beer. It operates in Thailand, which generates the majority of revenue, Vietnam, Malaysia, Myanmar, Singapore and others.
60GF Score

Get the complete analysis for TBVPF

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

$0.34
Price
$0.39
GF Value