Thai Toray Textile Mills PCL (BKK:TTTM-R) Days Payable : 24.62 (As of Mar. 2019)

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What is Thai Toray Textile Mills PCL Days Payable?

Thai Toray Textile Mills PCL's average Accounts Payable for the three months ended in Mar. 2019 was ฿72.91 Mil. Thai Toray Textile Mills PCL's Cost of Goods Sold for the three months ended in Mar. 2019 was ฿270.25 Mil. Hence, Thai Toray Textile Mills PCL's Days Payable for the three months ended in Mar. 2019 was 24.62.

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

BKK:TTTM-R' s Days Payable Range Over the Past 10 Years
Min: 10.01 Med: 23.55 Max: 99.54
Current: 23.55

During the past 13 years, Thai Toray Textile Mills PCL's highest Days Payable was 99.54. The lowest was 10.01. And the median was 23.55.

BKK:TTTM-R's Days Payable is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 55.27 vs BKK:TTTM-R: 23.55

Thai Toray Textile Mills PCL's Days Payable declined from Mar. 2018 (32.65) to Mar. 2019 (24.62). It may suggest that Thai Toray Textile Mills PCL accelerated paying its suppliers.

Thai Toray Textile Mills PCL Days Payable Historical Data

The historical data trend for Thai Toray Textile Mills 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 Toray Textile Mills PCL Days Payable Chart

Thai Toray Textile Mills PCL Annual Data

Trend

Dec10

Dec11

Jan12

Dec13

Dec14

Mar15

Mar16

Mar17

Mar18

Mar19

Days Payable

Get a 7-Day Free Trial

100.49

20.09

22.38

31.80

30.81

Thai Toray Textile Mills PCL Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Days Payable	Get a 7-Day Free Trial															32.65	37.09	38.12	27.68	24.62

Competitive Comparison of Thai Toray Textile Mills PCL's Days Payable

For the Textile Manufacturing subindustry, Thai Toray Textile Mills 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 Toray Textile Mills PCL's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thai Toray Textile Mills PCL's Days Payable distribution charts can be found below:

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

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Thai Toray Textile Mills 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 Toray Textile Mills PCL's Days Payable for the fiscal year that ended in Mar. 2019 is calculated as

	Days Payable (A: Mar. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2018 )	+	Accounts Payable (A: Mar. 2019 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2019 )	*	Days in Period
=	( (117.019	+	72.405)	/	2 )	/	1122.169	*	365
=	94.712					/	1122.169	*	365
=	30.81

Thai Toray Textile Mills PCL's Days Payable for the quarter that ended in Mar. 2019 is calculated as:

	Days Payable (Q: Mar. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2018 )	+	Accounts Payable (Q: Mar. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2019 )	*	Days in Period
=	( (73.421	+	72.405)	/	2 )	/	270.251	*	365 / 4
=	72.913					/	270.251	*	365 / 4
=	24.62

Thai Toray Textile Mills PCL Days Payable Related Terms

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Thai Toray Textile Mills PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Thai Toray Textile Mills PCL (BKK:TTTM-R) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

North Sathorn Road, 20 Bubhajit Building, 6th Floor, Kwang Silom, Khet Bangrak, Bangkok, THA, 10500

Website

http://www.toray.co.th

Thai Toray Textile Mills PCL is primarily engaged in the manufacturing, national distribution and exporting of textiles. The company comprises two business segments, Woven Fabric and Knitted Fabric segment; and Car Seat Fabric segment. Its primary geographic markets are Thailand, Japan, Vietnam, United Arab Emirates, and other countries. Geographically the company receives maximum revenue from Thailand.

Thai Toray Textile Mills PCL Headlines

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