Thai Enger Holding PCL (BKK:TIGER) Days Payable : 73.51 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Thai Enger Holding PCL Days Payable?

Thai Enger Holding PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿124.7 Mil. Thai Enger Holding PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿154.8 Mil. Hence, Thai Enger Holding PCL's Days Payable for the three months ended in Mar. 2024 was 73.51.

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

BKK:TIGER' s Days Payable Range Over the Past 10 Years
Min: 35.78 Med: 58.77 Max: 88.34
Current: 56.93

During the past 8 years, Thai Enger Holding PCL's highest Days Payable was 88.34. The lowest was 35.78. And the median was 58.77.

BKK:TIGER's Days Payable is ranked worse than
64.4% of 1604 companies
in the Construction industry
Industry Median: 74.885 vs BKK:TIGER: 56.93

Thai Enger Holding PCL's Days Payable declined from Mar. 2023 (81.46) to Mar. 2024 (73.51). It may suggest that Thai Enger Holding PCL accelerated paying its suppliers.

Thai Enger Holding PCL Days Payable Historical Data

The historical data trend for Thai Enger Holding 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.

* Premium members only.

Thai Enger Holding PCL Days Payable Chart

Thai Enger Holding PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

38.47

52.69

73.92

88.34

58.77

Thai Enger Holding 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															81.46	52.97	61.00	52.16	73.51

Competitive Comparison of Thai Enger Holding PCL's Days Payable

For the Engineering & Construction subindustry, Thai Enger Holding 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.

Thai Enger Holding PCL's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Thai Enger Holding PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Thai Enger Holding PCL's Days Payable falls into.

Thai Enger Holding 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.

Thai Enger Holding 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
=	( (147.294	+	134.896)	/	2 )	/	876.35	*	365
=	141.095					/	876.35	*	365
=	58.77

Thai Enger Holding 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
=	( (134.896	+	114.544)	/	2 )	/	154.822	*	365 / 4
=	124.72					/	154.822	*	365 / 4
=	73.51

Thai Enger Holding PCL Days Payable Related Terms

Thank you for viewing the detailed overview of Thai Enger Holding PCL's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Thai Enger Holding PCL (BKK:TIGER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Thai Enger Holding PCL (BKK:TIGER) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Moo 4, Bang Kruai-Sai Noi Road, Bang Si Thong Subdistrict, Bangkruay District, Nonthaburi, THA, 11130

Website

https://www.thaienger.com

Thai Enger Holding PCL is a Thailand-based company. It's business are holding company that invested in construction and interior service business. It has only one segment, which is the construction segment.; construction services. All of the group's revenue from external customers are derived in Thailand.

Thai Enger Holding PCL (BKK:TIGER) Headlines

No Headlines