Tirathai PCL (BKK:TRT) Days Payable : 50.93 (As of Mar. 2024)

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What is Tirathai PCL Days Payable?

Tirathai PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿307 Mil. Tirathai PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿550 Mil. Hence, Tirathai PCL's Days Payable for the three months ended in Mar. 2024 was 50.93.

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

BKK:TRT' s Days Payable Range Over the Past 10 Years
Min: 49.92 Med: 62.02 Max: 79.64
Current: 56.46

During the past 13 years, Tirathai PCL's highest Days Payable was 79.64. The lowest was 49.92. And the median was 62.02.

BKK:TRT's Days Payable is ranked worse than
64.42% of 2923 companies
in the Industrial Products industry
Industry Median: 76.67 vs BKK:TRT: 56.46

Tirathai PCL's Days Payable declined from Mar. 2023 (62.23) to Mar. 2024 (50.93). It may suggest that Tirathai PCL accelerated paying its suppliers.

Tirathai PCL Days Payable Historical Data

The historical data trend for Tirathai 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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Tirathai PCL Days Payable Chart

Tirathai PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

79.64

56.76

62.70

61.33

65.27

Tirathai 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															62.23	61.06	64.97	55.69	50.93

Competitive Comparison of Tirathai PCL's Days Payable

For the Electrical Equipment & Parts subindustry, Tirathai 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.

Tirathai PCL's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tirathai PCL's Days Payable distribution charts can be found below:

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

Tirathai 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.

Tirathai 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
=	( (220.273	+	334.542)	/	2 )	/	1551.211	*	365
=	277.4075					/	1551.211	*	365
=	65.27

Tirathai 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
=	( (334.542	+	279.845)	/	2 )	/	550.434	*	365 / 4
=	307.1935					/	550.434	*	365 / 4
=	50.93

Tirathai PCL Days Payable Related Terms

Thank you for viewing the detailed overview of Tirathai PCL's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Tirathai PCL (BKK:TRT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tirathai PCL (BKK:TRT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

516/1 Moo 4, Sukhumvit Road, Bangpoo Industrial Estate, Amphoe Mueang, Samutprakarn, THA, 10280

Website

https://www.tirathai.co.th

Tirathai PCL is a Thailand-based company mainly involved in the business of manufacturing, repairing and maintenance service of transformer and sales of transformer equipment. In addition, it is also involved in general custom metalwork service. It offers Power transformers, Distribution transformers and Special transformer. The company's operations are located in Thailand and other countries, of which key revenue is derived from Thailand.

Tirathai PCL (BKK:TRT) Headlines

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