TMT Steel PCL (BKK:TMT) Days Payable : 6.12 (As of Dec. 2024)

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What is TMT Steel PCL Days Payable?

TMT Steel PCL's average Accounts Payable for the three months ended in Dec. 2024 was ฿285 Mil. TMT Steel PCL's Cost of Goods Sold for the three months ended in Dec. 2024 was ฿4,249 Mil. Hence, TMT Steel PCL's Days Payable for the three months ended in Dec. 2024 was 6.12.

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

BKK:TMT' s Days Payable Range Over the Past 10 Years
Min: 1.52 Med: 2.47 Max: 5.83
Current: 5.83

During the past 13 years, TMT Steel PCL's highest Days Payable was 5.83. The lowest was 1.52. And the median was 2.47.

BKK:TMT's Days Payable is ranked worse than
95.36% of 603 companies
in the Steel industry
Industry Median: 38.92 vs BKK:TMT: 5.83

TMT Steel PCL's Days Payable increased from Dec. 2023 (5.51) to Dec. 2024 (6.12). It may suggest that TMT Steel PCL delayed paying its suppliers.

TMT Steel PCL Days Payable Historical Data

The historical data trend for TMT Steel 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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TMT Steel PCL Days Payable Chart

TMT Steel PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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2.49

2.02

1.94

2.07

1.52

TMT Steel PCL Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															5.51	3.61	8.51	9.27	6.12

Competitive Comparison of TMT Steel PCL's Days Payable

For the Steel subindustry, TMT Steel 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.

TMT Steel PCL's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, TMT Steel PCL's Days Payable distribution charts can be found below:

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

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TMT Steel 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.

TMT Steel 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
=	( (63.299	+	89.618)	/	2 )	/	18370.313	*	365
=	76.4585					/	18370.313	*	365
=	1.52

TMT Steel PCL's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (480.008	+	89.618)	/	2 )	/	4248.661	*	365 / 4
=	284.813					/	4248.661	*	365 / 4
=	6.12

TMT Steel PCL Days Payable Related Terms

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TMT Steel PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » TMT Steel PCL (BKK:TMT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

South Sathorn Road, 22nd Floor, 179 Bangkok City Tower, Thungmahamek, Sathorn, Bangkok, THA, 10120

Website

https://www.tmtsteel.co.th

TMT Steel PCL operates as a total steel solutions provider. It is engaged in fabricating and selling structural steel plates and sheets. The company offers flat products, including hot-rolled steel, plate steel, slit steel coil, flat iron, steel pipe, round steel bar, and others. In addition, it also provides steel processing and cold-forming services. Geographically the business activity functions through the region of Thailand.

TMT Steel PCL Headlines

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