Absolute Clean Energy PCL (BKK:ACE) Days Payable: 18.48 (As of Mar. 2026) — Near Median

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BKK:ACE Absolute Clean Energy PCL BKK:ACE
78 GF Score
Price ฿1.29
GF Value ฿1.38
Valuation Fairly Valued
! 6 Warning Signs
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What is Absolute Clean Energy PCL Days Payable?

Absolute Clean Energy PCL BKK:ACE 78 Days Payable is 18.48 as of Mar. 2026, which is 8% below its 10-year median of 19.99. GuruFocus rates BKK:ACE with a GF Score™ of 78/100 and a GF Value™ of ฿1.38 (Fairly Valued). The stock has 6 warning signs investors should review. Among 391 Utilities - Independent Power Producers companies, Absolute Clean Energy PCL ranks worse than 89.26% on this metric.

Absolute Clean Energy PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿220 Mil. Absolute Clean Energy PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿1,085 Mil. Hence, Absolute Clean Energy PCL's Days Payable for the three months ended in Mar. 2026 was 18.48.

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

BKK:ACE' s Days Payable Range Over the Past 10 Years
Min: 11.51   Med: 19.99   Max: 98.84
Current: 18.65

During the past 12 years, Absolute Clean Energy PCL's highest Days Payable was 98.84. The lowest was 11.51. And the median was 19.99.

BKK:ACE's Days Payable is ranked worse than
89.26% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.51 vs BKK:ACE: 18.65

Absolute Clean Energy PCL's Days Payable declined from Mar. 2025 (19.75) to Mar. 2026 (18.48). It may suggest that Absolute Clean Energy PCL accelerated paying its suppliers.


Absolute Clean Energy PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Absolute Clean Energy 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.

Absolute Clean Energy PCL Days Payable Chart

Absolute Clean Energy 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 20.84 21.80 18.62 17.77 18.75

Absolute Clean Energy 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 19.75 19.14 18.14 18.61 18.48

Absolute Clean Energy PCL Days Payable Competitor Comparison

For the Utilities - Renewable subindustry, Absolute Clean Energy 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.


Absolute Clean Energy PCL Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Absolute Clean Energy PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Absolute Clean Energy PCL's Days Payable falls into.


BKK:ACE
78GF Score
Absolute Clean Energy PCL BKK:ACE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Absolute Clean Energy 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.

Absolute Clean Energy 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
=( (254.855 + 222.649) / 2 ) / 4647.411*365
=238.752 / 4647.411*365
=18.75

Absolute Clean Energy 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
=( (222.649 + 217.004) / 2 ) / 1085.451*365 / 4
=219.8265 / 1085.451*365 / 4
=18.48

* 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 18.48 mean?
Absolute Clean Energy PCL (BKK:ACE) has a Days Payable of 18.48 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 Absolute Clean Energy PCL and its competitors. This is near median its historical median of 19.99. Over the past decade, Absolute Clean Energy PCL's Days Payable has ranged from 11.51 to 98.84. According to the industry distribution chart, Absolute Clean Energy PCL ranks #349 out of 391 companies in the Utilities - Independent Power Producers industry, placing it in the top 89.3%.
Is Absolute Clean Energy PCL's Days Payable too high?
Absolute Clean Energy PCL's current Days Payable of 18.48 is near median its 10-year median of 19.99. Over the past 10 years, this metric has ranged from a low of 11.51 to a high of 98.84. The Utilities - Independent Power Producers industry median Days Payable is 79.51. Absolute Clean Energy PCL's value of 18.48 is 76.8% below this industry median. Based on the distribution chart, Absolute Clean Energy PCL ranks #349 out of 391 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Absolute Clean Energy PCL has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Absolute Clean Energy PCL's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Absolute Clean Energy PCL ranks #349 out of 391 companies for Days Payable. This places Absolute Clean Energy PCL in the lower half of its industry. The industry median Days Payable is 79.51. Absolute Clean Energy PCL's value of 18.48 is 76.8% below this benchmark. Historically, Absolute Clean Energy PCL's own Days Payable has ranged from 11.51 to 98.84 over the past decade. While the company's 10-year median is 19.99 vs. the industry median of 79.51, Absolute Clean Energy 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 an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.51, based on 391 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. Absolute Clean Energy PCL's current Days Payable of 18.48 is 76.8% 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 Absolute Clean Energy PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Absolute Clean Energy PCL's current Days Payable is 18.48, which is near median its own 10-year median of 19.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Absolute Clean Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, Absolute Clean Energy PCL (BKK:ACE) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.38, compared to a current price of ฿1.29 — trading 6.5% below its estimated fair value. The current Days Payable is 18.48, which is near median its 10-year median of 19.99 and 76.8% below the Utilities - Independent Power Producers industry median of 79.51. Absolute Clean Energy PCL's overall GF Score™ is 78/100 with 6 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 Absolute Clean Energy PCL (BKK:ACE), the current Days Payable is 18.48 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 Absolute Clean Energy PCL (BKK:ACE) Overvalued in 2026?

Based on GuruFocus' analysis, Absolute Clean Energy PCL stock appears to be undervalued. The current stock price of ฿1.29 is trading 6.5% below its estimated GF Value™ of ฿1.38. GuruFocus considers Absolute Clean Energy PCL to be Fairly Valued.

Key valuation signals for BKK:ACE:

  • Days Payable: 18.48 (near median its 10-year median of 19.99)
  • GF Value™: ฿1.38 vs. price of ฿1.29 (6.5% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 76.8% below the Utilities - Independent Power Producers median (#349 of 391)

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


Absolute Clean Energy PCL Business Description

Other Exchanges ACE-F:Thailand
Address Silom Road, 140/6 ITF Tower, 7th Floor, Suriyawong, Bang Rak District, Bangkok, THA, 10500
Absolute Clean Energy PCL operates biomass, municipal solid waste, natural gas, and solar energy power plants. The company operates in four reportable segments: biomass, natural gas, municipal solid waste, and solar energy power plants. The company operates only in Thailand. It generates the majority of its revenue from the Biomass power plants segment.
78GF Score

Get the complete analysis for BKK:ACE

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

฿1.29
Price
฿1.38
GF Value