Thai Poly Acrylic PCL (BKK:TPA) Days Payable : 90.19 (As of Mar. 2024)

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What is Thai Poly Acrylic PCL Days Payable?

Thai Poly Acrylic PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿181.1 Mil. Thai Poly Acrylic PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿183.3 Mil. Hence, Thai Poly Acrylic PCL's Days Payable for the three months ended in Mar. 2024 was 90.19.

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

BKK:TPA' s Days Payable Range Over the Past 10 Years
Min: 78.59 Med: 92.22 Max: 103.57
Current: 91.26

During the past 13 years, Thai Poly Acrylic PCL's highest Days Payable was 103.57. The lowest was 78.59. And the median was 92.22.

BKK:TPA's Days Payable is ranked better than
71.5% of 1502 companies
in the Chemicals industry
Industry Median: 60.55 vs BKK:TPA: 91.26

Thai Poly Acrylic PCL's Days Payable declined from Mar. 2023 (93.70) to Mar. 2024 (90.19). It may suggest that Thai Poly Acrylic PCL accelerated paying its suppliers.

Thai Poly Acrylic PCL Days Payable Historical Data

The historical data trend for Thai Poly Acrylic 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 Poly Acrylic PCL Days Payable Chart

Thai Poly Acrylic PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

103.57

101.88

91.35

78.59

85.32

Thai Poly Acrylic 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															93.70	93.64	94.34	89.44	90.19

Competitive Comparison of Thai Poly Acrylic PCL's Days Payable

For the Specialty Chemicals subindustry, Thai Poly Acrylic 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 Poly Acrylic PCL's Days Payable Distribution in the Chemicals Industry

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

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

Thai Poly Acrylic 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 Poly Acrylic 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
=	( (143.355	+	179.155)	/	2 )	/	689.875	*	365
=	161.255					/	689.875	*	365
=	85.32

Thai Poly Acrylic 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
=	( (179.155	+	183.107)	/	2 )	/	183.261	*	365 / 4
=	181.131					/	183.261	*	365 / 4
=	90.19

Thai Poly Acrylic PCL Days Payable Related Terms

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Thai Poly Acrylic PCL (BKK:TPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Thai Poly Acrylic PCL (BKK:TPA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

60-61 Moo 9, Putthamonthon Road Sai 4 Road, Krathumlom, Sampran, Nakornpathom, THA, 73220

Website

https://www.thaipolyacrylic.com

Thai Poly Acrylic PCL is principally engaged in the manufacture and distribution of acrylic sheets, acrylonitrile butadiene styrene sheets, high impact polystyrene sheets and other extruded plastic sheets. The company generates revenues from its business in Thailand and Overseas markets.

Thai Poly Acrylic PCL (BKK:TPA) Headlines

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