TRV Rubber Products PCL (BKK:TRV) Days Payable : 10.01 (As of Mar. 2024)

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What is TRV Rubber Products PCL Days Payable?

TRV Rubber Products PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿40.5 Mil. TRV Rubber Products PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿369.5 Mil. Hence, TRV Rubber Products PCL's Days Payable for the three months ended in Mar. 2024 was 10.01.

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

BKK:TRV' s Days Payable Range Over the Past 10 Years
Min: 22.58 Med: 81.24 Max: 98.71
Current: 22.58

During the past 5 years, TRV Rubber Products PCL's highest Days Payable was 98.71. The lowest was 22.58. And the median was 81.24.

BKK:TRV's Days Payable is ranked worse than
91.1% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 66.48 vs BKK:TRV: 22.58

TRV Rubber Products PCL's Days Payable declined from Mar. 2023 (54.47) to Mar. 2024 (10.01). It may suggest that TRV Rubber Products PCL accelerated paying its suppliers.

TRV Rubber Products PCL Days Payable Historical Data

The historical data trend for TRV Rubber Products 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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TRV Rubber Products PCL Days Payable Chart

TRV Rubber Products PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

92.29

98.71

81.24

55.86

46.88

TRV Rubber Products PCL Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial											54.47	69.48	55.73	57.74	10.01

Competitive Comparison of TRV Rubber Products PCL's Days Payable

For the Auto Parts subindustry, TRV Rubber Products 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.

TRV Rubber Products PCL's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, TRV Rubber Products PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where TRV Rubber Products PCL's Days Payable falls into.

TRV Rubber Products 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.

TRV Rubber Products 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
=	( (15.022	+	13.915)	/	2 )	/	112.642	*	365
=	14.4685					/	112.642	*	365
=	46.88

TRV Rubber Products 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
=	( (13.915	+	67.15)	/	2 )	/	369.464	*	365 / 4
=	40.5325					/	369.464	*	365 / 4
=	10.01

TRV Rubber Products PCL Days Payable Related Terms

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TRV Rubber Products PCL (BKK:TRV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » TRV Rubber Products PCL (BKK:TRV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

40,88/8-9 Soi Ekachai 76 split 1-3-1, Khlong Bang Phran, Bang Bon, Bangkok, THA, 10150

Website

https://www.trvrubber.co.th

TRV Rubber Products PCL is a manufacturer and distributor of rubber products for automotive parts and electrical divisions. The business operates in a single segment being manufacturing and selling of o-ring rubber and rubber parts in Thailand.