Thai Solar Energy PCL (BKK:TSE-R) Days Sales Outstanding: 60.82 (As of Mar. 2026) — Near Median

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BKK:TSE-R Thai Solar Energy PCL BKK:TSE-R
46 GF Score
Price ฿0.61
GF Value ฿0.67
! 5 Warning Signs
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What is Thai Solar Energy PCL Days Sales Outstanding?

Thai Solar Energy PCL BKK:TSE-R 46 Days Sales Outstanding is 60.82 as of Mar. 2026, which is 3% above its 10-year median of 58.77. GuruFocus rates BKK:TSE-R with a GF Score™ of 46/100 and a GF Value™ of ฿0.67. The stock has 5 warning signs investors should review. Among 409 Utilities - Independent Power Producers companies, Thai Solar Energy PCL ranks worse than 50.61% on this metric.

Thai Solar Energy PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿209 Mil. Thai Solar Energy PCL's Revenue for the three months ended in Mar. 2026 was ฿313 Mil. Hence, Thai Solar Energy PCL's Days Sales Outstanding for the three months ended in Mar. 2026 was 60.82.

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

BKK:TSE-R' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.53   Med: 58.77   Max: 221.4
Current: 64

During the past 13 years, Thai Solar Energy PCL's highest Days Sales Outstanding was 221.40. The lowest was 27.53. And the median was 58.77.

BKK:TSE-R's Days Sales Outstanding is ranked worse than
50.61% of 409 companies
in the Utilities - Independent Power Producers industry
Industry Median: 63.51 vs BKK:TSE-R: 64.00

Thai Solar Energy PCL's Days Sales Outstanding increased from Mar. 2025 (57.16) to Mar. 2026 (60.82).


Thai Solar Energy PCL  (BKK:TSE-R) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Thai Solar Energy PCL Days Sales Outstanding Related Terms


Thai Solar Energy PCL Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Thai Solar Energy PCL's Days Sales Outstanding 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.

Thai Solar Energy PCL Days Sales Outstanding Chart

Thai Solar Energy PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.89 95.65 221.40 191.03 58.10

Thai Solar Energy PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Sales Outstanding 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 57.16 61.47 64.27 68.97 60.82

Thai Solar Energy PCL Days Sales Outstanding Competitor Comparison

For the Utilities - Renewable subindustry, Thai Solar Energy PCL's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Days Sales Outstanding vs Utilities - Independent Power Producers Industry

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

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


BKK:TSE-R
46GF Score
Thai Solar Energy PCL BKK:TSE-R
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Solar Energy PCL Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Thai Solar Energy PCL's Days Sales Outstanding for the fiscal year that ended in Dec. 2025 is calculated as

Days Sales Outstanding (A: Dec. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count ) / Revenue (A: Dec. 2025 )*Days in Period
=( (199.358 + 196.187) / 2 ) / 1242.458*365
=197.7725 / 1242.458*365
=58.10

Thai Solar Energy PCL's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding (Q: Mar. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count ) / Revenue (A: Mar. 2026 )*Days in Period
=( (196.187 + 221.387) / 2 ) / 313.261*365 / 4
=208.787 / 313.261*365 / 4
=60.82

* 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 Sales Outstanding →
What does a Days Sales Outstanding of 60.82 mean?
Thai Solar Energy PCL (BKK:TSE-R) has a Days Sales Outstanding of 60.82 as of Mar. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Thai Solar Energy PCL and its competitors. This is near median its historical median of 58.77. Over the past decade, Thai Solar Energy PCL's Days Sales Outstanding has ranged from 27.53 to 221.40. According to the industry distribution chart, Thai Solar Energy PCL ranks #207 out of 409 companies in the Utilities - Independent Power Producers industry, placing it in the top 50.6%.
Is Thai Solar Energy PCL's Days Sales Outstanding too high?
Thai Solar Energy PCL's current Days Sales Outstanding of 60.82 is near median its 10-year median of 58.77. Over the past 10 years, this metric has ranged from a low of 27.53 to a high of 221.40. The Utilities - Independent Power Producers industry median Days Sales Outstanding is 63.51. Thai Solar Energy PCL's value of 60.82 is 4.2% below this industry median. Based on the distribution chart, Thai Solar Energy PCL ranks #207 out of 409 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Thai Solar Energy PCL has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Thai Solar Energy PCL's Days Sales Outstanding compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Thai Solar Energy PCL ranks #207 out of 409 companies for Days Sales Outstanding. This places Thai Solar Energy PCL in the lower half of its industry. The industry median Days Sales Outstanding is 63.51. Thai Solar Energy PCL's value of 60.82 is 4.2% below this benchmark. Historically, Thai Solar Energy PCL's own Days Sales Outstanding has ranged from 27.53 to 221.40 over the past decade. While the company's 10-year median is 58.77 vs. the industry median of 63.51, Thai Solar 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 Sales Outstanding for an Utilities - Independent Power Producers company?
The median Days Sales Outstanding among Utilities - Independent Power Producers companies is 63.51, based on 409 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thai Solar Energy PCL's current Days Sales Outstanding of 60.82 is 4.2% 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 Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Thai Solar Energy PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Days Sales Outstanding is 63.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Solar Energy PCL's current Days Sales Outstanding is 60.82, which is near median its own 10-year median of 58.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Solar Energy PCL stock overvalued right now?
Thai Solar Energy PCL (BKK:TSE-R) has a current Days Sales Outstanding of 60.82. The stock's GF Value™ is ฿0.67, compared to a current price of ฿0.61 — trading 9.6% below its estimated fair value. The current Days Sales Outstanding is 60.82, which is near median its 10-year median of 58.77 and 4.2% below the Utilities - Independent Power Producers industry median of 63.51. Thai Solar Energy PCL's overall GF Score™ is 46/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Thai Solar Energy PCL (BKK:TSE-R), the current Days Sales Outstanding is 60.82 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 Thai Solar Energy PCL (BKK:TSE-R) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Solar Energy PCL stock appears to be undervalued. The current stock price of ฿0.61 is trading 9.6% below its estimated GF Value™ of ฿0.67.

Key valuation signals for BKK:TSE-R:

  • Days Sales Outstanding: 60.82 (near median its 10-year median of 58.77)
  • GF Value™: ฿0.67 vs. price of ฿0.61 (9.6% below fair value)
  • GF Score™: 46/100 with 5 warning signs
  • Industry Position: 4.2% below the Utilities - Independent Power Producers median (#207 of 409)

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


Thai Solar Energy PCL Business Description

Other Exchanges TSE:Thailand
Address Sukhumvit Road, 19th Floor, 725 S-Metro Building, Klongton Nua, Wattana, Bangkok, THA, 10110
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.
46GF Score

Get the complete analysis for BKK:TSE-R

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

฿0.61
Price
฿0.67
GF Value