TPC Power Holding PCL (BKK:TPCH) Days Payable: 36.65 (As of Mar. 2026) — 45% Below Median


BKK:TPCH TPC Power Holding PCL BKK:TPCH
57 GF Score
Price ฿1.40
GF Value ฿4.44
Valuation Possible Value Trap
! 5 Warning Signs
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What is TPC Power Holding PCL Days Payable?

TPC Power Holding PCL BKK:TPCH +1.45% 57 Days Payable is 36.65 as of Mar. 2026, which is 45% below its 10-year median of 66.23. GuruFocus rates BKK:TPCH with a GF Score™ of 57/100 and a GF Value™ of ฿4.44 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 390 Utilities - Independent Power Producers companies, TPC Power Holding PCL ranks worse than 78.72% on this metric.

TPC Power Holding PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿161 Mil. TPC Power Holding PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿401 Mil. Hence, TPC Power Holding PCL's Days Payable for the three months ended in Mar. 2026 was 36.65.

The historical rank and industry rank for TPC Power Holding PCL's Days Payable or its related term are showing as below:

BKK:TPCH' s Days Payable Range Over the Past 10 Years
Min: 31.78   Med: 66.23   Max: 94.28
Current: 31.78

During the past 13 years, TPC Power Holding PCL's highest Days Payable was 94.28. The lowest was 31.78. And the median was 66.23.

BKK:TPCH's Days Payable is ranked worse than
78.72% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.64 vs BKK:TPCH: 31.78

TPC Power Holding PCL's Days Payable increased from Mar. 2025 (28.47) to Mar. 2026 (36.65). It may suggest that TPC Power Holding PCL delayed paying its suppliers.


TPC Power Holding PCL Days Payable Historical Data

* Premium members only.

The historical data trend for TPC Power Holding 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.

TPC Power Holding PCL Days Payable Chart

TPC Power Holding 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 70.24 48.11 35.89 33.12 34.91

TPC Power Holding 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 28.47 27.66 29.56 35.00 36.65

TPC Power Holding PCL Days Payable Competitor Comparison

For the Utilities - Renewable subindustry, TPC Power Holding 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.


TPC Power Holding PCL Days Payable vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where TPC Power Holding PCL's Days Payable falls into.


BKK:TPCH
57GF Score
TPC Power Holding PCL BKK:TPCH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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TPC Power Holding 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.

TPC Power Holding 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
=( (135.742 + 171.847) / 2 ) / 1608.204*365
=153.7945 / 1608.204*365
=34.91

TPC Power Holding 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
=( (171.847 + 150.289) / 2 ) / 401.024*365 / 4
=161.068 / 401.024*365 / 4
=36.65

* 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 36.65 mean?
TPC Power Holding PCL (BKK:TPCH) has a Days Payable of 36.65 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 TPC Power Holding PCL and its competitors. This is 45% below median its historical median of 66.23. Over the past decade, TPC Power Holding PCL's Days Payable has ranged from 31.78 to 94.28. According to the industry distribution chart, TPC Power Holding PCL ranks #307 out of 390 companies in the Utilities - Independent Power Producers industry, placing it in the top 78.7%.
Is TPC Power Holding PCL's Days Payable too high?
TPC Power Holding PCL's current Days Payable of 36.65 is 45% below median its 10-year median of 66.23. Over the past 10 years, this metric has ranged from a low of 31.78 to a high of 94.28. The Utilities - Independent Power Producers industry median Days Payable is 79.64. TPC Power Holding PCL's value of 36.65 is 54% below this industry median. Based on the distribution chart, TPC Power Holding PCL ranks #307 out of 390 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, TPC Power Holding PCL has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TPC Power Holding PCL's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, TPC Power Holding PCL ranks #307 out of 390 companies for Days Payable. This places TPC Power Holding PCL in the lower half of its industry. The industry median Days Payable is 79.64. TPC Power Holding PCL's value of 36.65 is 54% below this benchmark. Historically, TPC Power Holding PCL's own Days Payable has ranged from 31.78 to 94.28 over the past decade. While the company's 10-year median is 66.23 vs. the industry median of 79.64, TPC Power Holding 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. TPC Power Holding PCL's current Days Payable of 36.65 is 54% 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 TPC Power Holding 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. TPC Power Holding PCL's current Days Payable is 36.65, which is 45% below median its own 10-year median of 66.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPC Power Holding PCL stock overvalued right now?
Based on GuruFocus' analysis, TPC Power Holding PCL (BKK:TPCH) is currently considered Possible Value Trap. The stock's GF Value™ is ฿4.44, compared to a current price of ฿1.40 — trading 68.5% below its estimated fair value. The current Days Payable is 36.65, which is 45% below median its 10-year median of 66.23 and 54% below the Utilities - Independent Power Producers industry median of 79.64. TPC Power Holding PCL's overall GF Score™ is 57/100 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 TPC Power Holding PCL (BKK:TPCH), the current Days Payable is 36.65 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 TPC Power Holding PCL (BKK:TPCH) Overvalued in 2026?

Based on GuruFocus' analysis, TPC Power Holding PCL stock appears to be undervalued. The current stock price of ฿1.40 is trading 68.5% below its estimated GF Value™ of ฿4.44. GuruFocus considers TPC Power Holding PCL to be Possible Value Trap.

Key valuation signals for BKK:TPCH:

  • Days Payable: 36.65 (45% below median its 10-year median of 66.23)
  • GF Value™: ฿4.44 vs. price of ฿1.40 (68.5% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 54% below the Utilities - Independent Power Producers median (#307 of 390)

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


TPC Power Holding PCL Business Description

Address Prasertmanukit Road, 4/2Prasertmanukit Soi 29 Yeak 8, Chaorakhaebua, Ladprao, Bangkok, THA, 10230
TPC Power Holding PCL, along with its subsidiaries, is engaged in the business of generating and distributing electricity from various types of renewable energy sources and providing related support services. Its projects consist of the biomass power plant and other renewable power plants. The company operates in two divisions: Sale of electricity current and Sale of biogas. The majority of its revenue is generated from the sale of electricity current.
57GF Score

Get the complete analysis for BKK:TPCH

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

฿1.40
Price
฿4.44
GF Value