KEX Express (Thailand) PCL (BKK:KEX-R) Days Payable : 44.47 (As of Mar. 2025)

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What is KEX Express (Thailand) PCL Days Payable?

KEX Express (Thailand) PCL's average Accounts Payable for the three months ended in Mar. 2025 was ฿800 Mil. KEX Express (Thailand) PCL's Cost of Goods Sold for the three months ended in Mar. 2025 was ฿1,641 Mil. Hence, KEX Express (Thailand) PCL's Days Payable for the three months ended in Mar. 2025 was 44.47.

The historical rank and industry rank for KEX Express (Thailand) PCL's Days Payable or its related term are showing as below:

BKK:KEX-R' s Days Payable Range Over the Past 10 Years
Min: 9.35 Med: 13.28 Max: 31.69
Current: 18.87

During the past 9 years, KEX Express (Thailand) PCL's highest Days Payable was 31.69. The lowest was 9.35. And the median was 13.28.

BKK:KEX-R's Days Payable is ranked worse than
83.26% of 956 companies
in the Transportation industry
Industry Median: 39.13 vs BKK:KEX-R: 18.87

KEX Express (Thailand) PCL's Days Payable increased from Mar. 2024 (13.77) to Mar. 2025 (44.47). It may suggest that KEX Express (Thailand) PCL delayed paying its suppliers.

KEX Express (Thailand) PCL Days Payable Historical Data

The historical data trend for KEX Express (Thailand) 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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KEX Express (Thailand) PCL Days Payable Chart

KEX Express (Thailand) PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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10.85

15.23

28.55

31.69

11.33

KEX Express (Thailand) PCL Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															13.77	11.61	11.99	9.13	44.47

Competitive Comparison of KEX Express (Thailand) PCL's Days Payable

For the Integrated Freight & Logistics subindustry, KEX Express (Thailand) 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.

KEX Express (Thailand) PCL's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, KEX Express (Thailand) PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where KEX Express (Thailand) PCL's Days Payable falls into.

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KEX Express (Thailand) 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.

KEX Express (Thailand) PCL's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (547.738	+	235.107)	/	2 )	/	12606.124	*	365
=	391.4225					/	12606.124	*	365
=	11.33

KEX Express (Thailand) PCL's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (235.107	+	1364.275)	/	2 )	/	1641.029	*	365 / 4
=	799.691					/	1641.029	*	365 / 4
=	44.47

KEX Express (Thailand) PCL Days Payable Related Terms

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KEX Express (Thailand) PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » KEX Express (Thailand) PCL (BKK:KEX-R) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KEX:Thailand

Address

No. 89, Soi Wat Suanphloo, Charoen Krung Road, 906, 9th Floor, Chao Phraya Tower, Bang Rak, Bangkok, THA, 10500

Website

https://th.kerryexpress.com

KEX Express (Thailand) PCL is a Thailand-based parcel delivery company. The principal business operations of the Company and its subsidiaries is domestic and international parcel delivery service. The Company's subsidiaries include KETH Corporate Services Limited, which is engaged in providing administrative and corporate support; KEX Express Service Limited, which is engaged in providing transportation services; Kerry Express Betagro Company Limited, which is engaged in providing cold-chain delivery services, and KEX Express Central Company Limited, which is engaged in providing bulk item delivery services.

KEX Express (Thailand) PCL Headlines

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