Thai Rung Union Car PCL (BKK:TRU) Days Payable : 64.13 (As of Mar. 2024)

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What is Thai Rung Union Car PCL Days Payable?

Thai Rung Union Car PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿352 Mil. Thai Rung Union Car PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿500 Mil. Hence, Thai Rung Union Car PCL's Days Payable for the three months ended in Mar. 2024 was 64.13.

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

BKK:TRU' s Days Payable Range Over the Past 10 Years
Min: 54.44 Med: 59.6 Max: 84.03
Current: 84.03

During the past 13 years, Thai Rung Union Car PCL's highest Days Payable was 84.03. The lowest was 54.44. And the median was 59.60.

BKK:TRU's Days Payable is ranked better than
64.1% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 65.87 vs BKK:TRU: 84.03

Thai Rung Union Car PCL's Days Payable increased from Dec. 2022 (59.09) to Mar. 2024 (64.13). It may suggest that Thai Rung Union Car PCL delayed paying its suppliers.

Thai Rung Union Car PCL Days Payable Historical Data

The historical data trend for Thai Rung Union Car 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 Rung Union Car PCL Days Payable Chart

Thai Rung Union Car PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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58.32

67.90

60.14

56.74

63.36

Thai Rung Union Car PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															59.09	58.13	63.88	60.23	64.13

Competitive Comparison of Thai Rung Union Car PCL's Days Payable

For the Auto Parts subindustry, Thai Rung Union Car 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 Rung Union Car PCL's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thai Rung Union Car PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Thai Rung Union Car PCL's Days Payable falls into.

Thai Rung Union Car 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 Rung Union Car 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
=	( (366.526	+	361.057)	/	2 )	/	2095.573	*	365
=	363.7915					/	2095.573	*	365
=	63.36

Thai Rung Union Car 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
=	( (361.057	+	342.489)	/	2 )	/	500.498	*	365 / 4
=	351.773					/	500.498	*	365 / 4
=	64.13

Thai Rung Union Car PCL Days Payable Related Terms

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Thai Rung Union Car PCL (BKK:TRU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Thai Rung Union Car PCL (BKK:TRU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

304, Marcharoen Road, Khwaeng Nongkangploo, Khet Nongkaem, Bangkok, THA, 10160

Website

http://www.thairung.co.th

Thai Rung Union Car PCL is engaged in car assembly and modification, and the manufacture and distribution of parts and molds. It operates in the segments of Car assembly and other related car services; Manufacture of equipment for the production of car accessories (comprising the manufacture of molds and jigs and manufacture and sales of car accessories and spare parts), which is the key revenue generating segment; and Sales of cars, and a car service centre business.