Tanachira Retail PCL (BKK:TAN) Days Payable : 99.24 (As of Jun. 2023)

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What is Tanachira Retail PCL Days Payable?

Tanachira Retail PCL's average Accounts Payable for the six months ended in Jun. 2023 was ฿129 Mil. Tanachira Retail PCL's Cost of Goods Sold for the six months ended in Jun. 2023 was ฿238 Mil. Hence, Tanachira Retail PCL's Days Payable for the six months ended in Jun. 2023 was 99.24.

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

BKK:TAN' s Days Payable Range Over the Past 10 Years
Min: 84.09 Med: 102.41 Max: 141.1
Current: 89.76

During the past 4 years, Tanachira Retail PCL's highest Days Payable was 141.10. The lowest was 84.09. And the median was 102.41.

BKK:TAN's Days Payable is ranked better than
70.86% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs BKK:TAN: 89.76

Tanachira Retail PCL's Days Payable declined from Jun. 2022 (107.98) to Jun. 2023 (99.24). It may suggest that Tanachira Retail PCL accelerated paying its suppliers.

Tanachira Retail PCL Days Payable Historical Data

The historical data trend for Tanachira Retail 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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Tanachira Retail PCL Days Payable Chart

Tanachira Retail PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

110.58

141.10

94.23

84.09

Tanachira Retail PCL Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	107.98	81.44	99.24	86.76

Competitive Comparison of Tanachira Retail PCL's Days Payable

For the Luxury Goods subindustry, Tanachira Retail 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.

Tanachira Retail PCL's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tanachira Retail PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Tanachira Retail PCL's Days Payable falls into.

Tanachira Retail 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.

Tanachira Retail 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
=	( (117.648	+	116.31)	/	2 )	/	507.783	*	365
=	116.979					/	507.783	*	365
=	84.09

Tanachira Retail PCL's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (117.648	+	140.65)	/	2 )	/	237.51	*	365 / 2
=	129.149					/	237.51	*	365 / 2
=	99.24

Tanachira Retail PCL Days Payable Related Terms

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Tanachira Retail PCL (BKK:TAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tanachira Retail Corp PCL (BKK:TAN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

999/9 Rama 1 Road, Room OFMH 2807 & 2812, 28th floor, The Offices at Central World, Patumwan, Bangkok, THA, 10330

Website

https://www.tanachira.co.th

Tanachira Retail Corp PCL is a Thailand based retailer importing lifestyle and fashion products. It is principally engaged in the distribution of diamond jewelry, gemstone jewelry and gems and also provides other products and services through its different brands. Based on its products and services the company has the following reportable segments, The jewelry segment, Leather goods, bags, shoes, clothes, furniture and home decorations. Import, export and distribution of clothing, bags and miscellaneous goods, and the incense segment which includes distribution and export of incense, skin care products and provision of spa services. The substantial portion of company's overall revenue is generated from its jewelry segment.