T M C Industrial PCL (BKK:TMC-R) Days Payable : 75.87 (As of Mar. 2024)

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What is T M C Industrial PCL Days Payable?

T M C Industrial PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿28.6 Mil. T M C Industrial PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿34.5 Mil. Hence, T M C Industrial PCL's Days Payable for the three months ended in Mar. 2024 was 75.87.

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

BKK:TMC-R' s Days Payable Range Over the Past 10 Years
Min: 37.69 Med: 48.18 Max: 101.58
Current: 47.83

During the past 13 years, T M C Industrial PCL's highest Days Payable was 101.58. The lowest was 37.69. And the median was 48.18.

BKK:TMC-R's Days Payable is ranked worse than
78.16% of 206 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 72.58 vs BKK:TMC-R: 47.83

T M C Industrial PCL's Days Payable increased from Mar. 2023 (41.36) to Mar. 2024 (75.87). It may suggest that T M C Industrial PCL delayed paying its suppliers.

T M C Industrial PCL Days Payable Historical Data

The historical data trend for T M C Industrial 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 M C Industrial PCL Days Payable Chart

T M C Industrial PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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49.59

101.58

55.85

54.25

48.09

T M C Industrial 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															41.36	72.14	40.48	29.88	75.87

Competitive Comparison of T M C Industrial PCL's Days Payable

For the Farm & Heavy Construction Machinery subindustry, T M C Industrial 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 M C Industrial PCL's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, T M C Industrial PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where T M C Industrial PCL's Days Payable falls into.

T M C Industrial 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 M C Industrial 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
=	( (44.763	+	25.362)	/	2 )	/	266.147	*	365
=	35.0625					/	266.147	*	365
=	48.09

T M C Industrial 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
=	( (25.362	+	31.93)	/	2 )	/	34.452	*	365 / 4
=	28.646					/	34.452	*	365 / 4
=	75.87

T M C Industrial PCL Days Payable Related Terms

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T M C Industrial PCL (BKK:TMC-R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » T M C Industrial PCL (BKK:TMC-R) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TMC:Thailand

Address

125/10, Moo 5 Ban Saun Subdistrict, Muang Chonburi, Chonburi, THA, 20000

Website

http://www.tmc.co.th

T M C Industrial PLC manufactures and distributes mechanical and hydraulic press systems. The company operates its business through three segments: Manufacture and Distribution of Machinery; Services and Project construction service segment. The Manufacture and Distribution of Machinery segment which contributes majorly towards the firm's revenue engages in the manufacturing and distribution of hydraulic machines, such as press machines, cranes, and handling equipment. The Services segment engages in the provision of machine repair and maintenance and metal machining services. The Project construction service segment is engaged in the project construction service by supplying machines and installation according to the contract.

T M C Industrial PCL (BKK:TMC-R) Headlines

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