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Trinity Watthana PCL (BKK:TNITY) Days Payable : 372.36 (As of Dec. 2023)


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What is Trinity Watthana PCL Days Payable?

Trinity Watthana PCL's average Accounts Payable for the three months ended in Dec. 2023 was ฿229.1 Mil. Trinity Watthana PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿56.1 Mil. Hence, Trinity Watthana PCL's Days Payable for the three months ended in Dec. 2023 was 372.36.

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

BKK:TNITY' s Days Payable Range Over the Past 10 Years
Min: 142.76   Med: 371.99   Max: 604.41
Current: 356.58

During the past 13 years, Trinity Watthana PCL's highest Days Payable was 604.41. The lowest was 142.76. And the median was 371.99.

BKK:TNITY's Days Payable is ranked better than
68.13% of 524 companies
in the Capital Markets industry
Industry Median: 100.09 vs BKK:TNITY: 356.58

Trinity Watthana PCL's Days Payable declined from Dec. 2022 (640.23) to Dec. 2023 (372.36). It may suggest that Trinity Watthana PCL accelerated paying its suppliers.


Trinity Watthana PCL Days Payable Historical Data

The historical data trend for Trinity Watthana 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.

Trinity Watthana PCL Days Payable Chart

Trinity Watthana PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 142.76 196.03 227.46 369.24 374.73

Trinity Watthana PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 640.23 357.28 226.44 533.80 372.36

Competitive Comparison of Trinity Watthana PCL's Days Payable

For the Capital Markets subindustry, Trinity Watthana 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.


Trinity Watthana PCL's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Trinity Watthana PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Trinity Watthana PCL's Days Payable falls into.



Trinity Watthana 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.

Trinity Watthana 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
=( (400.749 + 137.357) / 2 ) / 262.067*365
=269.053 / 262.067*365
=374.73

Trinity Watthana PCL's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (320.766 + 137.357) / 2 ) / 56.134*365 / 4
=229.0615 / 56.134*365 / 4
=372.36

* 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.


Trinity Watthana PCL Days Payable Related Terms

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Trinity Watthana PCL (BKK:TNITY) Business Description

Traded in Other Exchanges
N/A
Address
Number 179/111, South Sathorn Road, 26th Floor, Bangkok City Tower, Thungmahamek, Sathorn, Bangkok, THA, 10120
Trinity Watthana PCL is a Thailand-based investment holding company. The firm and its subsidiaries are organized into two principal business segments based on their products and services, which are the Securities and derivatives business, which is the key revenue-generating segment, and the Financial advisory and investment banking business. It is engaged in the securities business, including securities brokerage, securities trading, investment advisory, securities underwriting, securities borrowing and lending, private fund asset management, financial advisory, and derivatives agent. The group only operates in Thailand.

Trinity Watthana PCL (BKK:TNITY) Headlines

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