TSH Resources Bhd (SGX:TSH) Days Payable : 43.56 (As of Mar. 2024)

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What is TSH Resources Bhd Days Payable?

TSH Resources Bhd's average Accounts Payable for the three months ended in Mar. 2024 was S$20.9 Mil. TSH Resources Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was S$43.8 Mil. Hence, TSH Resources Bhd's Days Payable for the three months ended in Mar. 2024 was 43.56.

The historical rank and industry rank for TSH Resources Bhd's Days Payable or its related term are showing as below:

SGX:TSH' s Days Payable Range Over the Past 10 Years
Min: 14.27 Med: 19.8 Max: 65.2
Current: 65.2

During the past 13 years, TSH Resources Bhd's highest Days Payable was 65.20. The lowest was 14.27. And the median was 19.80.

SGX:TSH's Days Payable is ranked better than
68.31% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs SGX:TSH: 65.20

TSH Resources Bhd's Days Payable declined from Mar. 2023 (53.68) to Mar. 2024 (43.56). It may suggest that TSH Resources Bhd accelerated paying its suppliers.

TSH Resources Bhd Days Payable Historical Data

The historical data trend for TSH Resources Bhd'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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TSH Resources Bhd Days Payable Chart

TSH Resources Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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20.64

16.83

14.62

14.67

16.59

TSH Resources Bhd 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															53.68	85.37	72.08	46.92	43.56

Competitive Comparison of TSH Resources Bhd's Days Payable

For the Farm Products subindustry, TSH Resources Bhd'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.

TSH Resources Bhd's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, TSH Resources Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where TSH Resources Bhd's Days Payable falls into.

TSH Resources Bhd 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.

TSH Resources Bhd'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
=	( (9.709	+	7.66)	/	2 )	/	191.057	*	365
=	8.6845					/	191.057	*	365
=	16.59

TSH Resources Bhd'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
=	( (7.66	+	34.136)	/	2 )	/	43.777	*	365 / 4
=	20.898					/	43.777	*	365 / 4
=	43.56

TSH Resources Bhd Days Payable Related Terms

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TSH Resources Bhd (SGX:TSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » TSH Resources Bhd (SGX:TSH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

9059:Malaysia

Address

No. 8, Jalan Semantan, Level 10, Menara TSH, Damansara Heights, Kuala Lumpur, MYS, 50490

Website

https://www.tsh.com.my

TSH Resources Bhd owns oil palm plantations, mills, and forest areas in Southeast Asia. Crude palm oil and palm kernel are extracted from the oil palm plantations. The company has two reportable segments, namely Palm products and Others. It generates maximum revenue from the Palm products segment. The company's geographical segments are Malaysia, Indonesia, Europe, United States of America, and Others.

TSH Resources Bhd (SGX:TSH) Headlines

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