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SPCG PCLBKK:SPCG +2.91%58 Days Payable is 8.62 as of Jun. 2026, which is 88% below its 10-year median of 69.06. GuruFocus rates BKK:SPCG with a GF Score™ of 58/100 and a GF Value™ of ฿6.73 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 398 Utilities - Independent Power Producers companies, SPCG PCL ranks worse than 60.55% on this metric.
SPCG PCL's average Accounts Payable for the
three
months ended in Jun. 2026 was ฿22 Mil. SPCG PCL's Cost of Goods Sold for the
three
months ended in Jun. 2026 was ฿235 Mil.
Hence, SPCG PCL's Days Payable for the
three
months ended in Jun. 2026 was 8.62.
The historical rank and industry rank for SPCG PCL's Days Payable or its related term are showing as below:
BKK:SPCG'
s Days Payable Range Over the Past 10 Years
Min: 12.02 Med: 69.06 Max: 111.52
Current: 61.92
During the past 13 years, SPCG PCL's highest Days Payable was 111.52. The lowest was 12.02. And the median was 69.06.
The historical data trend for SPCG 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.
For the Utilities - Renewable subindustry, SPCG 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.
SPCG PCL Days Payable vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, SPCG PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where SPCG PCL's Days Payable falls into.
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.
SPCG PCL's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
SPCG PCL (BKK:SPCG) has a Days Payable of 8.62 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SPCG PCL and its competitors. This is 88% below median its historical median of 69.06. Over the past decade, SPCG PCL's Days Payable has ranged from 12.02 to 111.52. According to the industry distribution chart, SPCG PCL ranks #241 out of 398 companies in the Utilities - Independent Power Producers industry, placing it in the top 60.6%.
Is SPCG PCL's Days Payable too high?
SPCG PCL's current Days Payable of 8.62 is 88% below median its 10-year median of 69.06. Over the past 10 years, this metric has ranged from a low of 12.02 to a high of 111.52. The Utilities - Independent Power Producers industry median Days Payable is 79.27. SPCG PCL's value of 8.62 is 89.1% below this industry median. Based on the distribution chart, SPCG PCL ranks #241 out of 398 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, SPCG PCL has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPCG PCL's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, SPCG PCL ranks #241 out of 398 companies for Days Payable. This places SPCG PCL in the lower half of its industry. The industry median Days Payable is 79.27. SPCG PCL's value of 8.62 is 89.1% below this benchmark. Historically, SPCG PCL's own Days Payable has ranged from 12.02 to 111.52 over the past decade. While the company's 10-year median is 69.06 vs. the industry median of 79.27, SPCG 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 79.27, based on 398 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. SPCG PCL's current Days Payable of 8.62 is 89.1% 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 SPCG PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPCG PCL's current Days Payable is 8.62, which is 88% below median its own 10-year median of 69.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPCG PCL stock overvalued right now?
Based on GuruFocus' analysis, SPCG PCL (BKK:SPCG) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿6.73, compared to a current price of ฿10.60 — trading 57.5% above its estimated fair value. The current Days Payable is 8.62, which is 88% below median its 10-year median of 69.06 and 89.1% below the Utilities - Independent Power Producers industry median of 79.27. SPCG PCL's overall GF Score™ is 58/100 with 9 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 SPCG PCL (BKK:SPCG), the current Days Payable is 8.62 as of Jun. 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 SPCG PCL (BKK:SPCG) Overvalued in 2026?
Based on GuruFocus' analysis, SPCG PCL stock appears to be overvalued.
The current stock price of ฿10.60 is trading 57.5% above its estimated GF Value™ of ฿6.73.
GuruFocus considers SPCG PCL to be Significantly Overvalued.
Key valuation signals for BKK:SPCG:
Days Payable: 8.62 (88% below median its 10-year median of 69.06)
GF Value™: ฿6.73 vs. price of ฿10.60 (57.5% above fair value)
Industry Position: 89.1% below the Utilities - Independent Power Producers median (#241 of 398)
No single metric tells the full story. See the BKK:SPCG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPCG PCL is a holding company. The principal activities and reportable segments of the group are one production and distribution of electricity from solar energy, second the manufacture, trading, and installation service of roof sheets and solar roof, and Others. The majority of revenue is generated from the Production and distribution of electricity from solar energy.
58GF Score
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