Thai President Foods PCL (BKK:TFMAMA-F) Days Payable : 37.21 (As of Mar. 2024)

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What is Thai President Foods PCL Days Payable?

Thai President Foods PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿1,884 Mil. Thai President Foods PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿4,619 Mil. Hence, Thai President Foods PCL's Days Payable for the three months ended in Mar. 2024 was 37.21.

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

BKK:TFMAMA-F' s Days Payable Range Over the Past 10 Years
Min: 34.87 Med: 38.18 Max: 59.95
Current: 35.46

During the past 13 years, Thai President Foods PCL's highest Days Payable was 59.95. The lowest was 34.87. And the median was 38.18.

BKK:TFMAMA-F's Days Payable is ranked worse than
64.05% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs BKK:TFMAMA-F: 35.46

Thai President Foods PCL's Days Payable increased from Mar. 2023 (34.23) to Mar. 2024 (37.21). It may suggest that Thai President Foods PCL delayed paying its suppliers.

Thai President Foods PCL Days Payable Historical Data

The historical data trend for Thai President Foods 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.

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Thai President Foods PCL Days Payable Chart

Thai President Foods PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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40.42

35.84

36.19

34.87

36.61

Thai President Foods PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															34.23	34.71	35.49	35.00	37.21

Competitive Comparison of Thai President Foods PCL's Days Payable

For the Packaged Foods subindustry, Thai President Foods 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 President Foods PCL's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai President Foods PCL's Days Payable distribution charts can be found below:

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

Thai President Foods 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 President Foods PCL's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1857.309	+	1895.246)	/	2 )	/	18707.189	*	365
=	1876.2775					/	18707.189	*	365
=	36.61

Thai President Foods PCL's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1895.246	+	1871.85)	/	2 )	/	4619.124	*	365 / 4
=	1883.548					/	4619.124	*	365 / 4
=	37.21

Thai President Foods PCL Days Payable Related Terms

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Thai President Foods PCL (BKK:TFMAMA-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thai President Foods PCL (BKK:TFMAMA-F) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TFMAMA:Thailand

Address

No. 304, Srinakarin Road, TF Group Building, Huamark Sub-district, Bangkapi District, Bangkok, THA, 10240

Website

https://www.mama.co.th

Thai President Foods PCL is a Thailand-based manufacturer and distributor of instant noodles, semi-instant foods, and biscuit products. Some of its brands include Mama, Ruski, Bissin, Thai Chef, and Bamee. It operates in six segments: Instant noodles and semi-instant foods, Biscuits, Bakery, Packaging, Fruit Juice, and Others, of which a majority of the revenue is derived from the Instant noodles segment. Geographically, it generates most of its revenue from the domestic market.

Thai President Foods PCL (BKK:TFMAMA-F) Headlines

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