MK Restaurant Group PCL (BKK:M) Days Payable : 31.00 (As of Dec. 2023)

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What is MK Restaurant Group PCL Days Payable?

MK Restaurant Group PCL's average Accounts Payable for the three months ended in Dec. 2023 was ฿454 Mil. MK Restaurant Group PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿1,336 Mil. Hence, MK Restaurant Group PCL's Days Payable for the three months ended in Dec. 2023 was 31.00.

The historical rank and industry rank for MK Restaurant Group PCL's Days Payable or its related term are showing as below:

BKK:M' s Days Payable Range Over the Past 10 Years
Min: 28.87 Med: 35.08 Max: 82.51
Current: 28.87

During the past 13 years, MK Restaurant Group PCL's highest Days Payable was 82.51. The lowest was 28.87. And the median was 35.08.

BKK:M's Days Payable is ranked worse than
69.12% of 340 companies
in the Restaurants industry
Industry Median: 38.035 vs BKK:M: 28.87

MK Restaurant Group PCL's Days Payable increased from Dec. 2022 (25.77) to Dec. 2023 (31.00). It may suggest that MK Restaurant Group PCL delayed paying its suppliers.

MK Restaurant Group PCL Days Payable Historical Data

The historical data trend for MK Restaurant Group 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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MK Restaurant Group PCL Days Payable Chart

MK Restaurant Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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37.78

37.32

40.82

32.27

32.84

MK Restaurant Group 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															25.77	30.46	25.26	25.02	31.00

Competitive Comparison of MK Restaurant Group PCL's Days Payable

For the Restaurants subindustry, MK Restaurant Group 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.

MK Restaurant Group PCL's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, MK Restaurant Group PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where MK Restaurant Group PCL's Days Payable falls into.

MK Restaurant Group 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.

MK Restaurant Group 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
=	( (483.528	+	532.612)	/	2 )	/	5647.52	*	365
=	508.07					/	5647.52	*	365
=	32.84

MK Restaurant Group 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
=	( (374.844	+	532.612)	/	2 )	/	1335.62	*	365 / 4
=	453.728					/	1335.62	*	365 / 4
=	31.00

MK Restaurant Group PCL Days Payable Related Terms

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MK Restaurant Group PCL (BKK:M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » MK Restaurant Group PCL (BKK:M) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1200 Debaratna Road, Bangnatai, Bangna, Bangkok, THA, 10260

Website

https://www.mkrestaurant.com

MK Restaurant Group PCL operates nearly 703 Suki, Thai, and Japanese restaurants in Thailand under brand names including MK, Siam, Yayoi, Miyazaki, and Hakata. The company also has a franchise agreement with Plenus-MK Limited for that company to operate franchised Sukiyaki restaurants in Japan. In addition to the restaurants, MK Restaurant Group has a smaller training service provider segment that provides management service and training to other companies. More than 90% of the company's revenue comes from Thailand.