Thachang Green Energy PCL (BKK:TGE) Accounts Payable: ฿33 Mil (As of Mar. 2026)

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BKK:TGE Thachang Green Energy PCL BKK:TGE
69 GF Score
Price ฿1.25
GF Value ฿1.77
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Thachang Green Energy PCL Accounts Payable?

Thachang Green Energy PCL BKK:TGE -2.34% 69 Accounts Payable is ฿33 Mil as of Mar. 2026. GuruFocus rates BKK:TGE with a GF Score™ of 69/100 and a GF Value™ of ฿1.77 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Thachang Green Energy PCL's Accounts Payable for the quarter that ended in Mar. 2026 was ฿33 Mil.

Thachang Green Energy PCL's quarterly Accounts Payable declined from Sep. 2025 (฿32 Mil) to Dec. 2025 (฿30 Mil) but then increased from Dec. 2025 (฿30 Mil) to Mar. 2026 (฿33 Mil).

Thachang Green Energy PCL's annual Accounts Payable increased from Dec. 2023 (฿33 Mil) to Dec. 2024 (฿37 Mil) but then declined from Dec. 2024 (฿37 Mil) to Dec. 2025 (฿30 Mil).

Thachang Green Energy PCL Accounts Payable Related Terms

Thachang Green Energy PCL Accounts Payable Historical Data

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The historical data trend for Thachang Green Energy PCL's Accounts 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.

Thachang Green Energy PCL Accounts Payable Chart

Thachang Green Energy PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.40 28.98 33.10 37.10 29.76

Thachang Green Energy PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts 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 32.96 34.50 31.77 29.76 33.02
BKK:TGE
69GF Score
Thachang Green Energy PCL BKK:TGE
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Thachang Green Energy PCL Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of ฿33 Mil mean?
Thachang Green Energy PCL (BKK:TGE) has a Accounts Payable of ฿33 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Thachang Green Energy PCL and its competitors.
Is Thachang Green Energy PCL's Accounts Payable too high?
Thachang Green Energy PCL's current Accounts Payable is ฿33 Mil. Overall, Thachang Green Energy PCL has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thachang Green Energy PCL's Accounts Payable compare to competitors?
Thachang Green Energy PCL's Accounts Payable of ฿33 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for an Utilities - Independent Power Producers company?
A good Accounts Payable depends on the Utilities - Independent Power Producers industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Thachang Green Energy PCL and its competitors. Thachang Green Energy PCL's current Accounts Payable is ฿33 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thachang Green Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, Thachang Green Energy PCL (BKK:TGE) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.77, compared to a current price of ฿1.25 — trading 29.4% below its estimated fair value. The current Accounts Payable is ฿33 Mil. Thachang Green Energy PCL's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Thachang Green Energy PCL (BKK:TGE), the current Accounts Payable is ฿33 Mil 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 Thachang Green Energy PCL (BKK:TGE) Overvalued in 2026?

Based on GuruFocus' analysis, Thachang Green Energy PCL stock appears to be undervalued. The current stock price of ฿1.25 is trading 29.4% below its estimated GF Value™ of ฿1.77. GuruFocus considers Thachang Green Energy PCL to be Modestly Undervalued.

Key valuation signals for BKK:TGE:

  • Accounts Payable: ฿33 Mil
  • GF Value™: ฿1.77 vs. price of ฿1.25 (29.4% below fair value)
  • GF Score™: 69/100 with 5 warning signs

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

Thachang Green Energy PCL Business Description

Address Moo 3, No. 159, Tambon Tha Chang, Amphoe Tha Chang, Surat Thani Province, THA, 84150
Thachang Green Energy PCL is engaged in generating and supplying electricity and steam from biomass. The group has two segments, which are comprised of the biomass power plant business and waste power plant business. The company derives the majority of its revenue from the Biomass Power plant segment.
69GF Score

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

฿1.25
Price
฿1.77
GF Value