Thac BA Hydropower JSC (STC:TBC) Days Payable: 38.80 (As of Mar. 2026) — 156% Above Median


STC:TBC Thac BA Hydropower JSC STC:TBC
67 GF Score
Price ₫32,500.00
GF Value ₫43,993.51
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Thac BA Hydropower JSC Days Payable?

Thac BA Hydropower JSC STC:TBC 67 Days Payable is 38.80 as of Mar. 2026, which is 156% above its 10-year median of 15.18. GuruFocus rates STC:TBC with a GF Score™ of 67/100 and a GF Value™ of ₫43,993.51 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 390 Utilities - Independent Power Producers companies, Thac BA Hydropower JSC ranks worse than 69.23% on this metric.

Thac BA Hydropower JSC's average Accounts Payable for the three months ended in Mar. 2026 was ₫19,253 Mil. Thac BA Hydropower JSC's Cost of Goods Sold for the three months ended in Mar. 2026 was ₫45,274 Mil. Hence, Thac BA Hydropower JSC's Days Payable for the three months ended in Mar. 2026 was 38.80.

The historical rank and industry rank for Thac BA Hydropower JSC's Days Payable or its related term are showing as below:

STC:TBC' s Days Payable Range Over the Past 10 Years
Min: 2.77   Med: 15.18   Max: 45.9
Current: 43.71

During the past 13 years, Thac BA Hydropower JSC's highest Days Payable was 45.90. The lowest was 2.77. And the median was 15.18.

STC:TBC's Days Payable is ranked worse than
69.23% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.9 vs STC:TBC: 43.71

Thac BA Hydropower JSC's Days Payable declined from Mar. 2025 (60.23) to Mar. 2026 (38.80). It may suggest that Thac BA Hydropower JSC accelerated paying its suppliers.


Thac BA Hydropower JSC Days Payable Historical Data

* Premium members only.

The historical data trend for Thac BA Hydropower JSC'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.

Thac BA Hydropower JSC Days Payable Chart

Thac BA Hydropower JSC 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 2.77 7.10 10.58 27.13 45.90

Thac BA Hydropower JSC 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 60.23 60.30 46.69 43.33 38.80

STC:TBC vs CEG, VST, NRG: Days Payable Comparison

For the Utilities - Independent Power Producers subindustry, Thac BA Hydropower JSC'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.


Thac BA Hydropower JSC Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Thac BA Hydropower JSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Thac BA Hydropower JSC's Days Payable falls into.


STC:TBC
67GF Score
Thac BA Hydropower JSC STC:TBC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thac BA Hydropower JSC 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.

Thac BA Hydropower JSC'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
=( (27013.867 + 29067.057) / 2 ) / 222969.084*365
=28040.462 / 222969.084*365
=45.90

Thac BA Hydropower JSC'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
=( (29067.057 + 9438.216) / 2 ) / 45274.176*365 / 4
=19252.6365 / 45274.176*365 / 4
=38.80

* 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 38.80 mean?
Thac BA Hydropower JSC (STC:TBC) has a Days Payable of 38.80 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 Thac BA Hydropower JSC and its competitors. This is 156% above median its historical median of 15.18. Over the past decade, Thac BA Hydropower JSC's Days Payable has ranged from 2.77 to 45.90. According to the industry distribution chart, Thac BA Hydropower JSC ranks #270 out of 390 companies in the Utilities - Independent Power Producers industry, placing it in the top 69.2%.
Is Thac BA Hydropower JSC's Days Payable too high?
Thac BA Hydropower JSC's current Days Payable of 38.80 is 156% above median its 10-year median of 15.18. Over the past 10 years, this metric has ranged from a low of 2.77 to a high of 45.90. The Utilities - Independent Power Producers industry median Days Payable is 79.90. Thac BA Hydropower JSC's value of 38.80 is 51.4% below this industry median. Based on the distribution chart, Thac BA Hydropower JSC ranks #270 out of 390 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Thac BA Hydropower JSC has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thac BA Hydropower JSC's Days Payable compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Thac BA Hydropower JSC ranks #270 out of 390 companies for Days Payable. This places Thac BA Hydropower JSC in the lower half of its industry. The industry median Days Payable is 79.90. Thac BA Hydropower JSC's value of 38.80 is 51.4% below this benchmark. Historically, Thac BA Hydropower JSC's own Days Payable has ranged from 2.77 to 45.90 over the past decade. While the company's 10-year median is 15.18 vs. the industry median of 79.90, Thac BA Hydropower JSC 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 79.90, 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. Thac BA Hydropower JSC's current Days Payable of 38.80 is 51.4% 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 Thac BA Hydropower JSC and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thac BA Hydropower JSC's current Days Payable is 38.80, which is 156% above median its own 10-year median of 15.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thac BA Hydropower JSC stock overvalued right now?
Based on GuruFocus' analysis, Thac BA Hydropower JSC (STC:TBC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫43,993.51, compared to a current price of ₫32,500.00 — trading 26.1% below its estimated fair value. The current Days Payable is 38.80, which is 156% above median its 10-year median of 15.18 and 51.4% below the Utilities - Independent Power Producers industry median of 79.90. Thac BA Hydropower JSC's overall GF Score™ is 67/100 with 3 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 Thac BA Hydropower JSC (STC:TBC), the current Days Payable is 38.80 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 Thac BA Hydropower JSC (STC:TBC) Overvalued in 2026?

Based on GuruFocus' analysis, Thac BA Hydropower JSC stock appears to be undervalued. The current stock price of ₫32,500.00 is trading 26.1% below its estimated GF Value™ of ₫43,993.51. GuruFocus considers Thac BA Hydropower JSC to be Modestly Undervalued.

Key valuation signals for STC:TBC:

  • Days Payable: 38.80 (156% above median its 10-year median of 15.18)
  • GF Value™: ₫43,993.51 vs. price of ₫32,500.00 (26.1% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 51.4% below the Utilities - Independent Power Producers median (#270 of 390)

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


Thac BA Hydropower JSC Business Description

Address Hamlet 1, Thac Ba Commune, Lao Cai Province, Yen Bai, VNM
Thac BA Hydropower JSC is a Vietnam-based company involved in producing and trading electricity. It is also involved in the management, operation, repair, maintenance, overhaul, and renovation of hydraulic works, architectural works, equipment of hydropower plants, and transformer stations. The other business activities of the organization are Testing and adjusting electrical equipment; Purchase and sale, import and export of materials and equipment; Consultancy of construction investment projects, construction investment management, supervision and supervision of construction and installation of electricity projects; Investing in power and grid projects; Fostering, training on management, operation, maintenance and repair of power plant equipment; and Business travel services.
67GF Score

Get the complete analysis for STC:TBC

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

₫32,500.00
Price
₫43,993.51
GF Value