Thai Solar Energy PCL (BKK:TSE-R) Days Payable : 84.79 (As of Mar. 2025)

View and export this data going back to 2014. Start your Free Trial

What is Thai Solar Energy PCL Days Payable?

Thai Solar Energy PCL's average Accounts Payable for the three months ended in Mar. 2025 was ฿209 Mil. Thai Solar Energy PCL's Cost of Goods Sold for the three months ended in Mar. 2025 was ฿225 Mil. Hence, Thai Solar Energy PCL's Days Payable for the three months ended in Mar. 2025 was 84.79.

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

BKK:TSE-R' s Days Payable Range Over the Past 10 Years
Min: 17.2 Med: 27.33 Max: 1100.64
Current: 69.37

During the past 12 years, Thai Solar Energy PCL's highest Days Payable was 1100.64. The lowest was 17.20. And the median was 27.33.

BKK:TSE-R's Days Payable is ranked worse than
53.59% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 78.39 vs BKK:TSE-R: 69.37

Thai Solar Energy PCL's Days Payable increased from Mar. 2024 (67.66) to Mar. 2025 (84.79). It may suggest that Thai Solar Energy PCL delayed paying its suppliers.

Thai Solar Energy PCL Days Payable Historical Data

The historical data trend for Thai Solar Energy 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.

* Premium members only.

Thai Solar Energy PCL Days Payable Chart

Thai Solar Energy PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

17.20

17.46

19.09

27.33

33.54

Thai Solar Energy PCL Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															67.66	70.63	45.17	33.23	84.79

Competitive Comparison of Thai Solar Energy PCL's Days Payable

For the Utilities - Renewable subindustry, Thai Solar 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.

Thai Solar Energy PCL's Days Payable Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Thai Solar Energy PCL's Days Payable falls into.

Save Embed

;

Save Embed

;

Thai Solar 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.

Thai Solar Energy PCL's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (91.303	+	67.063)	/	2 )	/	861.618	*	365
=	79.183					/	861.618	*	365
=	33.54

Thai Solar Energy PCL's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (67.063	+	351.934)	/	2 )	/	225.453	*	365 / 4
=	209.4985					/	225.453	*	365 / 4
=	84.79

Thai Solar Energy PCL Days Payable Related Terms

Thank you for viewing the detailed overview of Thai Solar Energy PCL's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Thai Solar Energy PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Thai Solar Energy PCL (BKK:TSE-R) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TSE:Thailand

Address

Sukhumvit Road, 19th Floor, 725 S-Metro Building, Klongton Nua, Wattana, Bangkok, THA, 10110

Website

https://www.thaisolarenergy.com

Thai Solar Energy PCL is engaged in the generation and distribution of electricity from solar power to the government and private sector. The company has its operational footprints in Thailand and Japan. Its operating segments are Domestic and International of which, the company generates a majority of its revenue from the Domestic segment. The firm's projects are Solar PV Farms Thailand, Solar PV Farms Japan, Solar PV Rooftop Plants Thailand and Biomass Power Plants.

Thai Solar Energy PCL Headlines

No Headlines