Toray Textiles (Thailand) PCL (BKK:TTT-R) Days Payable : 30.59 (As of Dec. 2023)

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What is Toray Textiles (Thailand) PCL Days Payable?

Toray Textiles (Thailand) PCL's average Accounts Payable for the three months ended in Dec. 2023 was ฿764 Mil. Toray Textiles (Thailand) PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿2,278 Mil. Hence, Toray Textiles (Thailand) PCL's Days Payable for the three months ended in Dec. 2023 was 30.59.

The historical rank and industry rank for Toray Textiles (Thailand) PCL's Days Payable or its related term are showing as below:

BKK:TTT-R' s Days Payable Range Over the Past 10 Years
Min: 22.83 Med: 27.1 Max: 31.71
Current: 30.47

During the past 6 years, Toray Textiles (Thailand) PCL's highest Days Payable was 31.71. The lowest was 22.83. And the median was 27.10.

BKK:TTT-R's Days Payable is ranked worse than
75.35% of 1014 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.055 vs BKK:TTT-R: 30.47

Toray Textiles (Thailand) PCL's Days Payable declined from Dec. 2022 (31.51) to Dec. 2023 (30.59). It may suggest that Toray Textiles (Thailand) PCL accelerated paying its suppliers.

Toray Textiles (Thailand) PCL Days Payable Historical Data

The historical data trend for Toray Textiles (Thailand) 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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Toray Textiles (Thailand) PCL Days Payable Chart

Toray Textiles (Thailand) PCL Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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22.83

25.21

31.71

27.55

27.10

Toray Textiles (Thailand) PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															31.51	32.09	29.23	26.75	30.59

Competitive Comparison of Toray Textiles (Thailand) PCL's Days Payable

For the Textile Manufacturing subindustry, Toray Textiles (Thailand) 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.

Toray Textiles (Thailand) PCL's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Toray Textiles (Thailand) PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Toray Textiles (Thailand) PCL's Days Payable falls into.

Toray Textiles (Thailand) 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.

Toray Textiles (Thailand) 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
=	( (610.753	+	775.66)	/	2 )	/	9337.499	*	365
=	693.2065					/	9337.499	*	365
=	27.10

Toray Textiles (Thailand) PCL's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (732.996	+	794.25)	/	2 )	/	2278.101	*	365 / 4
=	763.623					/	2278.101	*	365 / 4
=	30.59

Toray Textiles (Thailand) PCL Days Payable Related Terms

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Toray Textiles (Thailand) PCL (BKK:TTT-R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Toray Textiles (Thailand) PCL (BKK:TTT-R) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TTT:Thailand

Address

North Sathorn Road, 20 Bubhajit Building, 5th Floor, Silom Subdistrict, Bang Rak District, Bangkok, THA, 10500

Website

https://www.toray.co.th

Toray Textiles (Thailand) PCL operates as a textile business. The principal activities of the company are the manufacturing of textiles consisting of spun fabric, filament fabric, woven fabric, knitted fabric, and denim yarn; and an industrial material product consisting of cord for rubber material reinforcement, fabric for airbags, canvas and car seat fabric. Its operating segment includes Textile; and Industrial material products. It generates maximum revenue from the Textile segment. Geographically, it derives a majority of revenue from Thailand and also has a presence in Japan; Bangladesh; Vietnam; the United Arab Emirates, and Other Countries.

Toray Textiles (Thailand) PCL (BKK:TTT-R) Headlines

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