Earth Tech Environment PCL (BKK:ETC-R) Days Payable: 58.77 (As of Mar. 2026) — 16% Below Median


BKK:ETC-R Earth Tech Environment PCL BKK:ETC-R
70 GF Score
Price ฿0.68
GF Value ฿1.76
! 4 Warning Signs
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What is Earth Tech Environment PCL Days Payable?

Earth Tech Environment PCL BKK:ETC-R 70 Days Payable is 58.77 as of Mar. 2026, which is 16% below its 10-year median of 70.32. GuruFocus rates BKK:ETC-R with a GF Score™ of 70/100 and a GF Value™ of ฿1.76. The stock has 4 warning signs investors should review. Among 390 Utilities - Independent Power Producers companies, Earth Tech Environment PCL ranks worse than 51.54% on this metric.

Earth Tech Environment PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿76.7 Mil. Earth Tech Environment PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿119.1 Mil. Hence, Earth Tech Environment PCL's Days Payable for the three months ended in Mar. 2026 was 58.77.

The historical rank and industry rank for Earth Tech Environment PCL's Days Payable or its related term are showing as below:

BKK:ETC-R' s Days Payable Range Over the Past 10 Years
Min: 37.54   Med: 70.32   Max: 306.04
Current: 76.98

During the past 8 years, Earth Tech Environment PCL's highest Days Payable was 306.04. The lowest was 37.54. And the median was 70.32.

BKK:ETC-R's Days Payable is ranked worse than
51.54% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.64 vs BKK:ETC-R: 76.98

Earth Tech Environment PCL's Days Payable declined from Mar. 2025 (85.41) to Mar. 2026 (58.77). It may suggest that Earth Tech Environment PCL accelerated paying its suppliers.


Earth Tech Environment PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Earth Tech Environment 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.

Earth Tech Environment PCL Days Payable Chart

Earth Tech Environment PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 62.93 78.40 75.53 65.10 54.31

Earth Tech Environment 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 85.41 102.80 82.15 54.83 58.77

Earth Tech Environment PCL Days Payable Competitor Comparison

For the Utilities - Renewable subindustry, Earth Tech Environment 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.


Earth Tech Environment PCL Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Earth Tech Environment PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Earth Tech Environment PCL's Days Payable falls into.


BKK:ETC-R
70GF Score
Earth Tech Environment PCL BKK:ETC-R
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Earth Tech Environment 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.

Earth Tech Environment 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
=( (83.42 + 56.185) / 2 ) / 469.088*365
=69.8025 / 469.088*365
=54.31

Earth Tech Environment 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
=( (56.185 + 97.25) / 2 ) / 119.118*365 / 4
=76.7175 / 119.118*365 / 4
=58.77

* 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 58.77 mean?
Earth Tech Environment PCL (BKK:ETC-R) has a Days Payable of 58.77 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 Earth Tech Environment PCL and its competitors. This is 16% below median its historical median of 70.32. Over the past decade, Earth Tech Environment PCL's Days Payable has ranged from 37.54 to 306.04. According to the industry distribution chart, Earth Tech Environment PCL ranks #201 out of 390 companies in the Utilities - Independent Power Producers industry, placing it in the top 51.5%.
Is Earth Tech Environment PCL's Days Payable too high?
Earth Tech Environment PCL's current Days Payable of 58.77 is 16% below median its 10-year median of 70.32. Over the past 10 years, this metric has ranged from a low of 37.54 to a high of 306.04. The Utilities - Independent Power Producers industry median Days Payable is 79.64. Earth Tech Environment PCL's value of 58.77 is 26.2% below this industry median. Based on the distribution chart, Earth Tech Environment PCL ranks #201 out of 390 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Earth Tech Environment PCL has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Earth Tech Environment PCL's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Earth Tech Environment PCL ranks #201 out of 390 companies for Days Payable. This places Earth Tech Environment PCL in the lower half of its industry. The industry median Days Payable is 79.64. Earth Tech Environment PCL's value of 58.77 is 26.2% below this benchmark. Historically, Earth Tech Environment PCL's own Days Payable has ranged from 37.54 to 306.04 over the past decade. While the company's 10-year median is 70.32 vs. the industry median of 79.64, Earth Tech Environment 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 79.64, based on 390 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. Earth Tech Environment PCL's current Days Payable of 58.77 is 26.2% 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 Earth Tech Environment PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Earth Tech Environment PCL's current Days Payable is 58.77, which is 16% below median its own 10-year median of 70.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Earth Tech Environment PCL stock overvalued right now?
Earth Tech Environment PCL (BKK:ETC-R) has a current Days Payable of 58.77. The stock's GF Value™ is ฿1.76, compared to a current price of ฿0.68 — trading 61.6% below its estimated fair value. The current Days Payable is 58.77, which is 16% below median its 10-year median of 70.32 and 26.2% below the Utilities - Independent Power Producers industry median of 79.64. Earth Tech Environment PCL's overall GF Score™ is 70/100 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 Earth Tech Environment PCL (BKK:ETC-R), the current Days Payable is 58.77 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 Earth Tech Environment PCL (BKK:ETC-R) Overvalued in 2026?

Based on GuruFocus' analysis, Earth Tech Environment PCL stock appears to be undervalued. The current stock price of ฿0.68 is trading 61.6% below its estimated GF Value™ of ฿1.76.

Key valuation signals for BKK:ETC-R:

  • Days Payable: 58.77 (16% below median its 10-year median of 70.32)
  • GF Value™: ฿1.76 vs. price of ฿0.68 (61.6% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 26.2% below the Utilities - Independent Power Producers median (#201 of 390)

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


Earth Tech Environment PCL Business Description

Other Exchanges ETC:Thailand
Address 88, 88/1, Moo. 1, Ban That Subdistrict, Kaeng Khoi District, Saraburi, Bangkok, THA, 18110
Earth Tech Environment PCL is a service provider for the production and distribution of electricity. It produces and distributes electricity from the first non-hazardous industrial materials in Thailand by using sewage or unused materials to process as fuel to produce electricity. It also provides an air quality control system, water management system, and community involvement. The company's segment includes Power business and Construction. It generates maximum revenue from the Power business segment.
70GF Score

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

฿0.68
Price
฿1.76
GF Value