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Thuan Duc JSC (STC:TDP) Days Payable : 21.11 (As of Sep. 2024)


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What is Thuan Duc JSC Days Payable?

Thuan Duc JSC's average Accounts Payable for the three months ended in Sep. 2024 was ₫221,594 Mil. Thuan Duc JSC's Cost of Goods Sold for the three months ended in Sep. 2024 was ₫957,707 Mil. Hence, Thuan Duc JSC's Days Payable for the three months ended in Sep. 2024 was 21.11.

The historical rank and industry rank for Thuan Duc JSC's Days Payable or its related term are showing as below:

STC:TDP' s Days Payable Range Over the Past 10 Years
Min: 23.13   Med: 24.84   Max: 28.92
Current: 24.17

During the past 6 years, Thuan Duc JSC's highest Days Payable was 28.92. The lowest was 23.13. And the median was 24.84.

STC:TDP's Days Payable is ranked worse than
89.12% of 377 companies
in the Packaging & Containers industry
Industry Median: 57.14 vs STC:TDP: 24.17

Thuan Duc JSC's Days Payable declined from Sep. 2023 (21.86) to Sep. 2024 (21.11). It may suggest that Thuan Duc JSC accelerated paying its suppliers.


Thuan Duc JSC Days Payable Historical Data

The historical data trend for Thuan Duc JSC'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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Thuan Duc JSC Days Payable Chart

Thuan Duc JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 24.33 28.38 25.34 23.13 23.51

Thuan Duc JSC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.86 25.37 26.93 25.08 21.11

Competitive Comparison of Thuan Duc JSC's Days Payable

For the Packaging & Containers subindustry, Thuan Duc JSC'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.


Thuan Duc JSC's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thuan Duc JSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Thuan Duc JSC's Days Payable falls into.



Thuan Duc JSC 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.

Thuan Duc JSC'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
=( (162359.519 + 284289.861) / 2 ) / 3467284.579*365
=223324.69 / 3467284.579*365
=23.51

Thuan Duc JSC's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (237246.888 + 205941.587) / 2 ) / 957707.095*365 / 4
=221594.2375 / 957707.095*365 / 4
=21.11

* 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.


Thuan Duc JSC Days Payable Related Terms

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Thuan Duc JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Luong Bang Town Industrial Park, Kim Dong District, Hung Yen, VNM
Thuan Duc JSC is engaged in manufacturing polypropylene products, including PP recycled granules, PP sack and shopping bag.

Thuan Duc JSC Headlines

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