Kaset Thai International Sugar PCL (BKK:KTIS) Days Payable : 29.53 (As of Mar. 2024)

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What is Kaset Thai International Sugar PCL Days Payable?

Kaset Thai International Sugar PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿1,406 Mil. Kaset Thai International Sugar PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿4,344 Mil. Hence, Kaset Thai International Sugar PCL's Days Payable for the three months ended in Mar. 2024 was 29.53.

The historical rank and industry rank for Kaset Thai International Sugar PCL's Days Payable or its related term are showing as below:

BKK:KTIS' s Days Payable Range Over the Past 10 Years
Min: 12.86 Med: 50.61 Max: 106.09
Current: 48.35

During the past 12 years, Kaset Thai International Sugar PCL's highest Days Payable was 106.09. The lowest was 12.86. And the median was 50.61.

BKK:KTIS's Days Payable is ranked better than
52.8% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 45.64 vs BKK:KTIS: 48.35

Kaset Thai International Sugar PCL's Days Payable declined from Mar. 2023 (71.66) to Mar. 2024 (29.53). It may suggest that Kaset Thai International Sugar PCL accelerated paying its suppliers.

Kaset Thai International Sugar PCL Days Payable Historical Data

The historical data trend for Kaset Thai International Sugar 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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Kaset Thai International Sugar PCL Days Payable Chart

Kaset Thai International Sugar PCL Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

Get a 7-Day Free Trial

58.71

48.28

49.57

23.11

12.86

Kaset Thai International Sugar 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															71.66	46.79	52.89	47.66	29.53

Competitive Comparison of Kaset Thai International Sugar PCL's Days Payable

For the Confectioners subindustry, Kaset Thai International Sugar 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.

Kaset Thai International Sugar PCL's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kaset Thai International Sugar PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Kaset Thai International Sugar PCL's Days Payable falls into.

Kaset Thai International Sugar 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.

Kaset Thai International Sugar PCL's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (360.583	+	736.271)	/	2 )	/	15567.609	*	365
=	548.427					/	15567.609	*	365
=	12.86

Kaset Thai International Sugar 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
=	( (1175.995	+	1635.75)	/	2 )	/	4343.998	*	365 / 4
=	1405.8725					/	4343.998	*	365 / 4
=	29.53

Kaset Thai International Sugar PCL Days Payable Related Terms

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Kaset Thai International Sugar PCL (BKK:KTIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kaset Thai International Sugar Corp PCL (BKK:KTIS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1/1 Moo 14, Tambon Nongpo, Amphur Taklee, Nakhon Sawan, THA, 60140

Website

https://www.ktisgroup.com

Kaset Thai International Sugar Corp PCL is principally engaged in the manufacturing and distribution of sugar, which is sold both domestically and overseas. The company's segment includes the production and distribution of the sugar segment; the production and distribution of pulp segment; the production and distribution of alcohol segment and the production and distribution of electricity segment. It derives the majority of its revenues from the production and distribution of the sugar segment.

Kaset Thai International Sugar PCL (BKK:KTIS) Headlines

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