Thitikorn PCL (BKK:TK) Days Payable : 405.83 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Thitikorn PCL Days Payable?

Thitikorn PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿73 Mil. Thitikorn PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿16 Mil. Hence, Thitikorn PCL's Days Payable for the three months ended in Mar. 2024 was 405.83.

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

BKK:TK' s Days Payable Range Over the Past 10 Years
Min: 110.46 Med: 236.51 Max: 463.79
Current: 349.08

During the past 13 years, Thitikorn PCL's highest Days Payable was 463.79. The lowest was 110.46. And the median was 236.51.

BKK:TK's Days Payable is ranked better than
84.51% of 284 companies
in the Credit Services industry
Industry Median: 48.93 vs BKK:TK: 349.08

Thitikorn PCL's Days Payable declined from Mar. 2023 (513.37) to Mar. 2024 (405.83). It may suggest that Thitikorn PCL accelerated paying its suppliers.

Thitikorn PCL Days Payable Historical Data

The historical data trend for Thitikorn 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.

Thitikorn PCL Days Payable Chart

Thitikorn PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

194.27

144.44

218.83

463.79

412.04

Thitikorn 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															513.37	464.90	484.27	271.91	405.83

Competitive Comparison of Thitikorn PCL's Days Payable

For the Credit Services subindustry, Thitikorn 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.

Thitikorn PCL's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Thitikorn PCL's Days Payable distribution charts can be found below:

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

Thitikorn 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.

Thitikorn 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
=	( (84.923	+	75.447)	/	2 )	/	71.031	*	365
=	80.185					/	71.031	*	365
=	412.04

Thitikorn 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
=	( (75.447	+	70.784)	/	2 )	/	16.44	*	365 / 4
=	73.1155					/	16.44	*	365 / 4
=	405.83

Thitikorn PCL Days Payable Related Terms

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

Thitikorn PCL (BKK:TK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Thitikorn PCL (BKK:TK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

69 Ramkhamhaeng Road, Huamark, Bangkapi, Bangkok, THA, 10240

Website

http://www.tk.co.th

Thitikorn PCL and its subsidiaries are engaged in the vehicle hire-purchase business and related other services. The company has a single-core operating segment which is hire-purchase on automobiles and motorcycles for general retail customers whereby the business activities with respect to loans, personal loans and nano finance/microfinance to the general retail customers are insignificant portion as compared to the entire volumes and business activities.