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Sunsweet PCL (BKK:SUN) Days Payable : 43.94 (As of Dec. 2023)


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What is Sunsweet PCL Days Payable?

Sunsweet PCL's average Accounts Payable for the three months ended in Dec. 2023 was ฿318 Mil. Sunsweet PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿660 Mil. Hence, Sunsweet PCL's Days Payable for the three months ended in Dec. 2023 was 43.94.

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

BKK:SUN' s Days Payable Range Over the Past 10 Years
Min: 26.22   Med: 33.84   Max: 40.67
Current: 34.52

During the past 10 years, Sunsweet PCL's highest Days Payable was 40.67. The lowest was 26.22. And the median was 33.84.

BKK:SUN's Days Payable is ranked worse than
64.78% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.62 vs BKK:SUN: 34.52

Sunsweet PCL's Days Payable declined from Dec. 2022 (46.60) to Dec. 2023 (43.94). It may suggest that Sunsweet PCL accelerated paying its suppliers.


Sunsweet PCL Days Payable Historical Data

The historical data trend for Sunsweet 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.

Sunsweet PCL Days Payable Chart

Sunsweet 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 37.82 30.69 26.22 27.18 30.57

Sunsweet 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 46.60 26.50 34.17 37.92 43.94

Competitive Comparison of Sunsweet PCL's Days Payable

For the Farm Products subindustry, Sunsweet 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.


Sunsweet PCL's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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



Sunsweet 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.

Sunsweet 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
=( (197.655 + 293.538) / 2 ) / 2932.663*365
=245.5965 / 2932.663*365
=30.57

Sunsweet 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
=( (341.876 + 293.538) / 2 ) / 659.709*365 / 4
=317.707 / 659.709*365 / 4
=43.94

* 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.


Sunsweet PCL Days Payable Related Terms

Thank you for viewing the detailed overview of Sunsweet PCL's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Sunsweet PCL (BKK:SUN) Business Description

Traded in Other Exchanges
N/A
Address
Number 9 Moo 1, Thung Satok Sub-district, Sanpatong district, Chiang Mai, THA, 50120
Sunsweet PCL is a Thailand-based company engaged in the production and distribution of processed sweet corn products. The company manufactures and supplies agricultural products including fresh and processed of fruits and vegetables. It offers various products such as canned sweet corn, ready-to-eat pouch corn, and frozen sweet corn. The company's other processed agricultural products consist of onions, tapioca, canned pineapple, corn oil, sunflower oil, tomato sauce, and others. The company operates in two reportable segments Sales of goods in domestic segment and Export of goods to overseas segment. The majority of revenue is derived from the Export of goods to overseas segment.