Kerry Express (Thailand) PCL (BKK:KEX) Days Payable : 13.77 (As of Mar. 2024)

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What is Kerry Express (Thailand) PCL Days Payable?

Kerry Express (Thailand) PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿505 Mil. Kerry Express (Thailand) PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿3,344 Mil. Hence, Kerry Express (Thailand) PCL's Days Payable for the three months ended in Mar. 2024 was 13.77.

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

BKK:KEX' s Days Payable Range Over the Past 10 Years
Min: 9.35 Med: 15.23 Max: 23
Current: 13.92

During the past 8 years, Kerry Express (Thailand) PCL's highest Days Payable was 23.00. The lowest was 9.35. And the median was 15.23.

BKK:KEX's Days Payable is ranked worse than
88.88% of 935 companies
in the Transportation industry
Industry Median: 38.78 vs BKK:KEX: 13.92

Kerry Express (Thailand) PCL's Days Payable declined from Mar. 2023 (21.84) to Mar. 2024 (13.77). It may suggest that Kerry Express (Thailand) PCL accelerated paying its suppliers.

Kerry Express (Thailand) PCL Days Payable Historical Data

The historical data trend for Kerry Express (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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Kerry Express (Thailand) PCL Days Payable Chart

Kerry Express (Thailand) PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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9.35

10.85

15.23

19.96

20.49

Kerry Express (Thailand) 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															21.84	14.61	11.90	13.84	13.77

Competitive Comparison of Kerry Express (Thailand) PCL's Days Payable

For the Integrated Freight & Logistics subindustry, Kerry Express (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.

Kerry Express (Thailand) PCL's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kerry Express (Thailand) PCL's Days Payable distribution charts can be found below:

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

Kerry Express (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.

Kerry Express (Thailand) 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
=	( (1062.032	+	547.738)	/	2 )	/	14337.817	*	365
=	804.885					/	14337.817	*	365
=	20.49

Kerry Express (Thailand) 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
=	( (547.738	+	461.592)	/	2 )	/	3343.796	*	365 / 4
=	504.665					/	3343.796	*	365 / 4
=	13.77

Kerry Express (Thailand) PCL Days Payable Related Terms

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