Thai Eastern Group Holdings PCL (BKK:TEGH) Days Payable: 1.98 (As of Mar. 2026) — 43% Below Median

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BKK:TEGH Thai Eastern Group Holdings PCL BKK:TEGH
68 GF Score
Price ฿3.06
GF Value ฿3.77
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Thai Eastern Group Holdings PCL Days Payable?

Thai Eastern Group Holdings PCL BKK:TEGH +0.66% 68 Days Payable is 1.98 as of Mar. 2026, which is 43% below its 10-year median of 3.50. GuruFocus rates BKK:TEGH with a GF Score™ of 68/100 and a GF Value™ of ฿3.77 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,559 Chemicals companies, Thai Eastern Group Holdings PCL ranks worse than 99.81% on this metric.

Thai Eastern Group Holdings PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿88 Mil. Thai Eastern Group Holdings PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿4,079 Mil. Hence, Thai Eastern Group Holdings PCL's Days Payable for the three months ended in Mar. 2026 was 1.98.

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

BKK:TEGH' s Days Payable Range Over the Past 10 Years
Min: 1.51   Med: 3.5   Max: 5.03
Current: 1.86

During the past 6 years, Thai Eastern Group Holdings PCL's highest Days Payable was 5.03. The lowest was 1.51. And the median was 3.50.

BKK:TEGH's Days Payable is ranked worse than
99.81% of 1559 companies
in the Chemicals industry
Industry Median: 59.86 vs BKK:TEGH: 1.86

Thai Eastern Group Holdings PCL's Days Payable increased from Mar. 2025 (1.53) to Mar. 2026 (1.98). It may suggest that Thai Eastern Group Holdings PCL delayed paying its suppliers.


Thai Eastern Group Holdings PCL Days Payable Related Terms


Thai Eastern Group Holdings PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Thai Eastern Group Holdings 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.

Thai Eastern Group Holdings PCL Days Payable Chart

Thai Eastern Group Holdings PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 3.69 2.89 5.03 3.31 1.51

Thai Eastern Group Holdings 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 1.53 1.85 1.68 1.73 1.98

BKK:TEGH vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Thai Eastern Group Holdings 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.


Thai Eastern Group Holdings PCL Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Thai Eastern Group Holdings PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Thai Eastern Group Holdings PCL's Days Payable falls into.


BKK:TEGH
68GF Score
Thai Eastern Group Holdings PCL BKK:TEGH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Eastern Group Holdings 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.

Thai Eastern Group Holdings 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
=( (72.114 + 80.234) / 2 ) / 18385.888*365
=76.174 / 18385.888*365
=1.51

Thai Eastern Group Holdings 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
=( (80.234 + 96.61) / 2 ) / 4078.644*365 / 4
=88.422 / 4078.644*365 / 4
=1.98

* 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 1.98 mean?
Thai Eastern Group Holdings PCL (BKK:TEGH) has a Days Payable of 1.98 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 Eastern Group Holdings PCL and its competitors. This is 43% below median its historical median of 3.50. Over the past decade, Thai Eastern Group Holdings PCL's Days Payable has ranged from 1.51 to 5.03. According to the industry distribution chart, Thai Eastern Group Holdings PCL ranks #1556 out of 1559 companies in the Chemicals industry, placing it in the top 99.8%.
Is Thai Eastern Group Holdings PCL's Days Payable too high?
Thai Eastern Group Holdings PCL's current Days Payable of 1.98 is 43% below median its 10-year median of 3.50. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 5.03. The Chemicals industry median Days Payable is 59.86. Thai Eastern Group Holdings PCL's value of 1.98 is 96.7% below this industry median. Based on the distribution chart, Thai Eastern Group Holdings PCL ranks #1556 out of 1559 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Thai Eastern Group Holdings PCL has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Eastern Group Holdings PCL's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Thai Eastern Group Holdings PCL ranks #1556 out of 1559 companies for Days Payable. This places Thai Eastern Group Holdings PCL in the lower half of its industry. The industry median Days Payable is 59.86. Thai Eastern Group Holdings PCL's value of 1.98 is 96.7% below this benchmark. Historically, Thai Eastern Group Holdings PCL's own Days Payable has ranged from 1.51 to 5.03 over the past decade. While the company's 10-year median is 3.50 vs. the industry median of 59.86, Thai Eastern Group Holdings 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 a Chemicals company?
The median Days Payable among Chemicals companies is 59.86, based on 1,559 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 Eastern Group Holdings PCL's current Days Payable of 1.98 is 96.7% 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 Eastern Group Holdings PCL and its competitors. For the Chemicals industry, the median Days Payable is 59.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Eastern Group Holdings PCL's current Days Payable is 1.98, which is 43% below median its own 10-year median of 3.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Eastern Group Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Eastern Group Holdings PCL (BKK:TEGH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿3.77, compared to a current price of ฿3.06 — trading 18.8% below its estimated fair value. The current Days Payable is 1.98, which is 43% below median its 10-year median of 3.50 and 96.7% below the Chemicals industry median of 59.86. Thai Eastern Group Holdings PCL's overall GF Score™ is 68/100 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 Thai Eastern Group Holdings PCL (BKK:TEGH), the current Days Payable is 1.98 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 Eastern Group Holdings PCL (BKK:TEGH) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Eastern Group Holdings PCL stock appears to be undervalued. The current stock price of ฿3.06 is trading 18.8% below its estimated GF Value™ of ฿3.77. GuruFocus considers Thai Eastern Group Holdings PCL to be Modestly Undervalued.

Key valuation signals for BKK:TEGH:

  • Days Payable: 1.98 (43% below median its 10-year median of 3.50)
  • GF Value™: ฿3.77 vs. price of ฿3.06 (18.8% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 96.7% below the Chemicals median (#1556 of 1559)

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


Thai Eastern Group Holdings PCL Business Description

Address Chonburi-Klaeng Road, 171 Moo 2, Khao Sok Subdistrict, Nong Yai District, Chonburi, THA, 20190
Thai Eastern Group Holdings PCL is engaged in investment in equity securities and the provision of management services. The group has four reportable segments: Block Rubber and Concentrated Latex, Crude Palm Oil, Energy, and Other. The Block Rubber and Concentrated Latex segment is involved in the manufacture and distribution of block rubber products and concentrated latex. The Crude Palm Oil segment is engaged in the manufacture and distribution of crude palm oil and palm seed oil. The Energy segment focuses on the generation and distribution of electricity and biogas, including organic waste treatment services. The Other segment provides logistics and related services. It generates the majority of its revenue from the Block Rubber and Concentrated Latex segment.
68GF Score

Get the complete analysis for BKK:TEGH

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

฿3.06
Price
฿3.77
GF Value