Thai Union Group PCL (Thai Union Group PCL) Days Payable : 46.05 (As of Mar. 2024)

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What is Thai Union Group PCL Days Payable?

Thai Union Group PCL's average Accounts Payable for the three months ended in Mar. 2024 was $386 Mil. Thai Union Group PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was $764 Mil. Hence, Thai Union Group PCL's Days Payable for the three months ended in Mar. 2024 was 46.05.

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

TUFUF' s Days Payable Range Over the Past 10 Years
Min: 33.87 Med: 38.71 Max: 55.1
Current: 55.1

During the past 13 years, Thai Union Group PCL's highest Days Payable was 55.10. The lowest was 33.87. And the median was 38.71.

TUFUF's Days Payable is ranked better than
59.73% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs TUFUF: 55.10

Thai Union Group PCL's Days Payable declined from Mar. 2023 (53.71) to Mar. 2024 (46.05). It may suggest that Thai Union Group PCL accelerated paying its suppliers.

Thai Union Group PCL Days Payable Historical Data

The historical data trend for Thai Union Group 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 Union Group PCL Days Payable Chart

Thai Union Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

41.25

37.79

38.37

37.50

39.69

Thai Union Group 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															53.71	62.29	64.44	46.07	46.05

Competitive Comparison of Thai Union Group PCL's Days Payable

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

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

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

Thai Union Group 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 Union Group 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
=	( (394.426	+	307.611)	/	2 )	/	3228.27	*	365
=	351.0185					/	3228.27	*	365
=	39.69

Thai Union Group 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
=	( (307.611	+	463.753)	/	2 )	/	764.316	*	365 / 4
=	385.682					/	764.316	*	365 / 4
=	46.05

Thai Union Group PCL Days Payable Related Terms

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Thai Union Group PCL (Thai Union Group PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thai Union Group PCL (OTCPK:TUFUF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TUFBY:USA TU:Thailand NVAP:Germany

Address

72/1 Moo 7, Sethakit 1 Road, Tambon Tarsrai, Amphur Muangsamutsakorn, Samut sakhon, THA, 74000

Website

https://www.thaiunion.com

Thai Union Group PCL is a global seafood-based food products company. The company sells its products locally in Thailand, as well as in North America and Europe. The business categories are ambient seafood (tuna, salmon, sardine, mackerel); frozen and chilled seafood and related product (shrimp, lobster, salmon); and pet care and value-added. In North America, Thai Union's portfolio contains tuna, salmon, and sardines, sold in different varieties under the Chicken of the Sea and Genova brands. In Europe, the company offers seafood and fish products under brands such as John West, Petit Navire, Parmentier, King Oscar, Mareblum, and Rugen Fisch. In Asia-Pacific, the local brands are Century, Sealect, Fisho, Bellotta, and Marvo.

Thai Union Group PCL (Thai Union Group PCL) Headlines

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