T ks Technologies PCL (BKK:TKS) Days Payable : 42.77 (As of Mar. 2024)

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What is T ks Technologies PCL Days Payable?

T ks Technologies PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿114 Mil. T ks Technologies PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿243 Mil. Hence, T ks Technologies PCL's Days Payable for the three months ended in Mar. 2024 was 42.77.

The historical rank and industry rank for T ks Technologies PCL's Days Payable or its related term are showing as below:

BKK:TKS' s Days Payable Range Over the Past 10 Years
Min: 36.87 Med: 43.6 Max: 83.69
Current: 43.65

During the past 13 years, T ks Technologies PCL's highest Days Payable was 83.69. The lowest was 36.87. And the median was 43.60.

BKK:TKS's Days Payable is ranked worse than
53.61% of 929 companies
in the Business Services industry
Industry Median: 46.74 vs BKK:TKS: 43.65

T ks Technologies PCL's Days Payable declined from Mar. 2023 (46.28) to Mar. 2024 (42.77). It may suggest that T ks Technologies PCL accelerated paying its suppliers.

T ks Technologies PCL Days Payable Historical Data

The historical data trend for T ks Technologies 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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T ks Technologies PCL Days Payable Chart

T ks Technologies PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

36.87

44.22

37.47

42.20

42.97

T ks Technologies 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															46.28	42.91	40.49	43.15	42.77

Competitive Comparison of T ks Technologies PCL's Days Payable

For the Specialty Business Services subindustry, T ks Technologies 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.

T ks Technologies PCL's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, T ks Technologies PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where T ks Technologies PCL's Days Payable falls into.

T ks Technologies 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.

T ks Technologies 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
=	( (150.02	+	96.664)	/	2 )	/	1047.756	*	365
=	123.342					/	1047.756	*	365
=	42.97

T ks Technologies 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
=	( (96.664	+	130.891)	/	2 )	/	242.717	*	365 / 4
=	113.7775					/	242.717	*	365 / 4
=	42.77

T ks Technologies PCL Days Payable Related Terms

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T ks Technologies PCL (BKK:TKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » T ks Technologies PCL (BKK:TKS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

30/88 Moo 1, Chetsadawithi Road, Khokkam Sub-district, Mueang Samutsakhon district, Samutsakhon, THA, 74000

Website

https://www.tks.co.th

T ks Technologies PCL is engaged in the manufacturing of business forms, continuous paper forms, security printing, other printing, continuous labels and printing warehouse service. The company's reportable segments include manufacturing of business forms, continuous paper forms and securities printing, providing information technology system and software services and investment in associates and joint venture and other investments. It has a business presence in Thailand, Asia and other regions, of which key revenue is earned from Thailand.

T ks Technologies PCL (BKK:TKS) Headlines

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