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Thachang Green Energy PCLBKK:TGE 69 Days Payable is 13.62 as of Mar. 2026, which is 27% below its 10-year median of 18.75. 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. Among 391 Utilities - Independent Power Producers companies, Thachang Green Energy PCL ranks worse than 92.84% on this metric.
* 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 Days Payable Competitor Comparison
For the Utilities - Renewable subindustry, Thachang Green 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.
Thachang Green Energy PCL Days Payable vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Thachang Green Energy PCL's Days Payable distribution charts can be found below:
* The bar in red indicates where Thachang Green Energy PCL's Days Payable falls into.
Thachang Green 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.
Thachang Green Energy 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.
Thachang Green Energy PCL (BKK:TGE) has a Days Payable of 13.62 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 Thachang Green Energy PCL and its competitors. This is 27% below median its historical median of 18.75. Over the past decade, Thachang Green Energy PCL's Days Payable has ranged from 13.31 to 111,641.21. According to the industry distribution chart, Thachang Green Energy PCL ranks #363 out of 391 companies in the Utilities - Independent Power Producers industry, placing it in the top 92.8%.
Is Thachang Green Energy PCL's Days Payable too high?
Thachang Green Energy PCL's current Days Payable of 13.62 is 27% below median its 10-year median of 18.75. Over the past 10 years, this metric has ranged from a low of 13.31 to a high of 111,641.21. The Utilities - Independent Power Producers industry median Days Payable is 79.51. Thachang Green Energy PCL's value of 13.62 is 82.9% below this industry median. Based on the distribution chart, Thachang Green Energy PCL ranks #363 out of 391 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. 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 Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Thachang Green Energy PCL ranks #363 out of 391 companies for Days Payable. This places Thachang Green Energy PCL in the lower half of its industry. The industry median Days Payable is 79.51. Thachang Green Energy PCL's value of 13.62 is 82.9% below this benchmark. Historically, Thachang Green Energy PCL's own Days Payable has ranged from 13.31 to 111,641.21 over the past decade. While the company's 10-year median is 18.75 vs. the industry median of 79.51, Thachang Green 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. Thachang Green Energy PCL's current Days Payable of 13.62 is 82.9% 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 Thachang Green 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. Thachang Green Energy PCL's current Days Payable is 13.62, which is 27% below median its own 10-year median of 18.75. 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 ฿1.30 — trading 26.6% below its estimated fair value. The current Days Payable is 13.62, which is 27% below median its 10-year median of 18.75 and 82.9% below the Utilities - Independent Power Producers industry median of 79.51. 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 Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Thachang Green Energy PCL (BKK:TGE), the current Days Payable is 13.62 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 ฿1.30 is trading 26.6% below its estimated GF Value™ of ฿1.77.
GuruFocus considers Thachang Green Energy PCL to be Modestly Undervalued.
Key valuation signals for BKK:TGE:
Days Payable: 13.62 (27% below median its 10-year median of 18.75)
GF Value™: ฿1.77 vs. price of ฿1.30 (26.6% below fair value)
Industry Position: 82.9% below the Utilities - Independent Power Producers median (#363 of 391)
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 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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