Thai Mitsuwa PCL (BKK:TMW) Days Payable : 39.78 (As of Sep. 2024)

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What is Thai Mitsuwa PCL Days Payable?

Thai Mitsuwa PCL's average Accounts Payable for the three months ended in Sep. 2024 was ฿351 Mil. Thai Mitsuwa PCL's Cost of Goods Sold for the three months ended in Sep. 2024 was ฿806 Mil. Hence, Thai Mitsuwa PCL's Days Payable for the three months ended in Sep. 2024 was 39.78.

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

BKK:TMW' s Days Payable Range Over the Past 10 Years
Min: 43.14 Med: 45.92 Max: 64.84
Current: 57.89

During the past 13 years, Thai Mitsuwa PCL's highest Days Payable was 64.84. The lowest was 43.14. And the median was 45.92.

BKK:TMW's Days Payable is ranked worse than
52.63% of 1503 companies
in the Chemicals industry
Industry Median: 60.18 vs BKK:TMW: 57.89

Thai Mitsuwa PCL's Days Payable declined from Jun. 2023 (46.63) to Sep. 2024 (39.78). It may suggest that Thai Mitsuwa PCL accelerated paying its suppliers.

Thai Mitsuwa PCL Days Payable Historical Data

The historical data trend for Thai Mitsuwa 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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Thai Mitsuwa PCL Days Payable Chart

Thai Mitsuwa PCL Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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45.34

49.16

52.91

44.38

43.20

Thai Mitsuwa PCL Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															46.63	44.41	46.43	43.36	39.78

Competitive Comparison of Thai Mitsuwa PCL's Days Payable

For the Specialty Chemicals subindustry, Thai Mitsuwa 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.

Thai Mitsuwa PCL's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Thai Mitsuwa PCL's Days Payable falls into.

Thai Mitsuwa 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.

Thai Mitsuwa PCL's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (333.804	+	403.193)	/	2 )	/	3113.688	*	365
=	368.4985					/	3113.688	*	365
=	43.20

Thai Mitsuwa PCL's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (355.673	+	347.169)	/	2 )	/	806.084	*	365 / 4
=	351.421					/	806.084	*	365 / 4
=	39.78

Thai Mitsuwa PCL Days Payable Related Terms

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Thai Mitsuwa PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Thai Mitsuwa PCL (BKK:TMW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TMW-R:Thailand

Address

31 Moo 2, Tambol Banchang, Amphur Muang, Pathum Thani, THA, 12000

Website

http://www.thaimitsuwa.com

Thai Mitsuwa PCL is a Thailand-based manufacturing company. The company's operating segment includes the manufacture and sales of plastic; the manufacture and sales of magnesium and the manufacture and sales of mold. It generates maximum revenue from the manufacture and sales of the magnesium segment. The product portfolio of the company includes Automotive parts comprising plastic parts for fenders front, rear panels, and door handles; Home Appliances comprising plastic parts for audio-video products like DVD and Home systems and magnesium products.

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