Kiattana Transport PCL (BKK:KIAT) Days Payable : 19.07 (As of Mar. 2024)

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What is Kiattana Transport PCL Days Payable?

Kiattana Transport PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿30.2 Mil. Kiattana Transport PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿144.6 Mil. Hence, Kiattana Transport PCL's Days Payable for the three months ended in Mar. 2024 was 19.07.

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

BKK:KIAT' s Days Payable Range Over the Past 10 Years
Min: 18.46 Med: 22.64 Max: 26.59
Current: 21

During the past 13 years, Kiattana Transport PCL's highest Days Payable was 26.59. The lowest was 18.46. And the median was 22.64.

BKK:KIAT's Days Payable is ranked worse than
79.42% of 933 companies
in the Transportation industry
Industry Median: 38.5 vs BKK:KIAT: 21.00

Kiattana Transport PCL's Days Payable declined from Mar. 2023 (24.57) to Mar. 2024 (19.07). It may suggest that Kiattana Transport PCL accelerated paying its suppliers.

Kiattana Transport PCL Days Payable Historical Data

The historical data trend for Kiattana Transport 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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Kiattana Transport PCL Days Payable Chart

Kiattana Transport PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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22.86

22.82

18.46

22.03

26.59

Kiattana Transport 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															24.57	27.33	22.00	17.20	19.07

Competitive Comparison of Kiattana Transport PCL's Days Payable

For the Trucking subindustry, Kiattana Transport 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.

Kiattana Transport PCL's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kiattana Transport PCL's Days Payable distribution charts can be found below:

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

Kiattana Transport 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.

Kiattana Transport 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
=	( (50.389	+	31.873)	/	2 )	/	564.677	*	365
=	41.131					/	564.677	*	365
=	26.59

Kiattana Transport 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
=	( (31.873	+	28.564)	/	2 )	/	144.61	*	365 / 4
=	30.2185					/	144.61	*	365 / 4
=	19.07

Kiattana Transport PCL Days Payable Related Terms

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

Kiattana Transport PCL (BKK:KIAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kiattana Transport PCL (BKK:KIAT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

100, Moo.3, Bangtanai Sub-district, Pakkret District, Nonthaburi, THA, 11120

Website

https://www.kiattana.co.th

Kiattana Transport PCL is a Thailand-based firm. It engages in the business of transportation services, goods custodial service and trading of chemicals used in industries. Its transportation services include bulk transportation, warehousing, and distributing center, as well as integrated logistics solutions. The company operates through the following segments namely, Transportation goods services which contribute a substantial part of revenue, Revenues from sales, and revenue from other services.

Kiattana Transport PCL (BKK:KIAT) Headlines

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