TPI Polene Power PCL (BKK:TPIPP) Days Payable: 26.16 (As of Mar. 2026) — 54% Below Median

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BKK:TPIPP TPI Polene Power PCL BKK:TPIPP
68 GF Score
Price ฿1.81
GF Value ฿2.35
Valuation Modestly Undervalued
! 10 Warning Signs
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What is TPI Polene Power PCL Days Payable?

TPI Polene Power PCL BKK:TPIPP 68 Days Payable is 26.16 as of Mar. 2026, which is 54% below its 10-year median of 57.10. GuruFocus rates BKK:TPIPP with a GF Score™ of 68/100 and a GF Value™ of ฿2.35 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 391 Utilities - Independent Power Producers companies, TPI Polene Power PCL ranks worse than 80.31% on this metric.

TPI Polene Power PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿468 Mil. TPI Polene Power PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿1,634 Mil. Hence, TPI Polene Power PCL's Days Payable for the three months ended in Mar. 2026 was 26.16.

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

BKK:TPIPP' s Days Payable Range Over the Past 10 Years
Min: 19.86   Med: 57.1   Max: 276.14
Current: 28.42

During the past 12 years, TPI Polene Power PCL's highest Days Payable was 276.14. The lowest was 19.86. And the median was 57.10.

BKK:TPIPP's Days Payable is ranked worse than
80.31% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.51 vs BKK:TPIPP: 28.42

TPI Polene Power PCL's Days Payable increased from Mar. 2025 (22.82) to Mar. 2026 (26.16). It may suggest that TPI Polene Power PCL delayed paying its suppliers.


TPI Polene Power PCL Days Payable Historical Data

* Premium members only.

The historical data trend for TPI Polene Power 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.

TPI Polene Power PCL Days Payable Chart

TPI Polene Power 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 40.91 43.39 39.16 19.86 27.68

TPI Polene Power 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 22.82 28.07 34.30 29.77 26.16

TPI Polene Power PCL Days Payable Competitor Comparison

For the Utilities - Renewable subindustry, TPI Polene Power 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.


TPI Polene Power PCL Days Payable vs Utilities - Independent Power Producers Industry

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

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


BKK:TPIPP
68GF Score
TPI Polene Power PCL BKK:TPIPP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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TPI Polene Power 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.

TPI Polene Power 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
=( (406.249 + 509.901) / 2 ) / 6039.868*365
=458.075 / 6039.868*365
=27.68

TPI Polene Power 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
=( (509.901 + 426.976) / 2 ) / 1633.916*365 / 4
=468.4385 / 1633.916*365 / 4
=26.16

* 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 26.16 mean?
TPI Polene Power PCL (BKK:TPIPP) has a Days Payable of 26.16 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 TPI Polene Power PCL and its competitors. This is 54% below median its historical median of 57.10. Over the past decade, TPI Polene Power PCL's Days Payable has ranged from 19.86 to 276.14. According to the industry distribution chart, TPI Polene Power PCL ranks #314 out of 391 companies in the Utilities - Independent Power Producers industry, placing it in the top 80.3%.
Is TPI Polene Power PCL's Days Payable too high?
TPI Polene Power PCL's current Days Payable of 26.16 is 54% below median its 10-year median of 57.10. Over the past 10 years, this metric has ranged from a low of 19.86 to a high of 276.14. The Utilities - Independent Power Producers industry median Days Payable is 79.51. TPI Polene Power PCL's value of 26.16 is 67.1% below this industry median. Based on the distribution chart, TPI Polene Power PCL ranks #314 out of 391 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, TPI Polene Power 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 TPI Polene Power PCL's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, TPI Polene Power PCL ranks #314 out of 391 companies for Days Payable. This places TPI Polene Power PCL in the lower half of its industry. The industry median Days Payable is 79.51. TPI Polene Power PCL's value of 26.16 is 67.1% below this benchmark. Historically, TPI Polene Power PCL's own Days Payable has ranged from 19.86 to 276.14 over the past decade. While the company's 10-year median is 57.10 vs. the industry median of 79.51, TPI Polene Power 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. TPI Polene Power PCL's current Days Payable of 26.16 is 67.1% 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 TPI Polene Power 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. TPI Polene Power PCL's current Days Payable is 26.16, which is 54% below median its own 10-year median of 57.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPI Polene Power PCL stock overvalued right now?
Based on GuruFocus' analysis, TPI Polene Power PCL (BKK:TPIPP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.35, compared to a current price of ฿1.81 — trading 23% below its estimated fair value. The current Days Payable is 26.16, which is 54% below median its 10-year median of 57.10 and 67.1% below the Utilities - Independent Power Producers industry median of 79.51. TPI Polene Power PCL's overall GF Score™ is 68/100 with 10 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 TPI Polene Power PCL (BKK:TPIPP), the current Days Payable is 26.16 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 TPI Polene Power PCL (BKK:TPIPP) Overvalued in 2026?

Based on GuruFocus' analysis, TPI Polene Power PCL stock appears to be undervalued. The current stock price of ฿1.81 is trading 23% below its estimated GF Value™ of ฿2.35. GuruFocus considers TPI Polene Power PCL to be Modestly Undervalued.

Key valuation signals for BKK:TPIPP:

  • Days Payable: 26.16 (54% below median its 10-year median of 57.10)
  • GF Value™: ฿2.35 vs. price of ฿1.81 (23% below fair value)
  • GF Score™: 68/100 with 10 warning signs
  • Industry Position: 67.1% below the Utilities - Independent Power Producers median (#314 of 391)

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


TPI Polene Power PCL Business Description

Address Chan Tat Mai Road, 26/56, TPI Tower, Tungmahamek, Sathorn, Bangkok, THA, 10120
TPI Polene Power PCL is engaged in manufacturing and distributing electricity and refuse-derived fuel, organics waste, and distributing diesel and natural gas. The company is engaged in two segments which are Energy and utilities, Petrol and gas stations. It derives maximum revenue from Energy & Utilities segment. Geographically, the company operates in Thailand.
68GF Score

Get the complete analysis for BKK:TPIPP

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

฿1.81
Price
฿2.35
GF Value