Taokaenoi Food & Marketing PCL (BKK:TKN) Days Payable : 27.56 (As of Mar. 2024)

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What is Taokaenoi Food & Marketing PCL Days Payable?

Taokaenoi Food & Marketing PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿249 Mil. Taokaenoi Food & Marketing PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿825 Mil. Hence, Taokaenoi Food & Marketing PCL's Days Payable for the three months ended in Mar. 2024 was 27.56.

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

BKK:TKN' s Days Payable Range Over the Past 10 Years
Min: 27.84 Med: 30.73 Max: 53.06
Current: 30.35

During the past 10 years, Taokaenoi Food & Marketing PCL's highest Days Payable was 53.06. The lowest was 27.84. And the median was 30.73.

BKK:TKN's Days Payable is ranked worse than
70.73% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs BKK:TKN: 30.35

Taokaenoi Food & Marketing PCL's Days Payable declined from Mar. 2023 (31.40) to Mar. 2024 (27.56). It may suggest that Taokaenoi Food & Marketing PCL accelerated paying its suppliers.

Taokaenoi Food & Marketing PCL Days Payable Historical Data

The historical data trend for Taokaenoi Food & Marketing 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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Taokaenoi Food & Marketing PCL Days Payable Chart

Taokaenoi Food & Marketing PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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29.91

29.16

28.67

31.55

27.84

Taokaenoi Food & Marketing 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															31.40	32.72	29.75	30.16	27.56

Competitive Comparison of Taokaenoi Food & Marketing PCL's Days Payable

For the Packaged Foods subindustry, Taokaenoi Food & Marketing 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.

Taokaenoi Food & Marketing PCL's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Taokaenoi Food & Marketing PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Taokaenoi Food & Marketing PCL's Days Payable falls into.

Taokaenoi Food & Marketing 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.

Taokaenoi Food & Marketing 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
=	( (276.751	+	258.547)	/	2 )	/	3508.659	*	365
=	267.649					/	3508.659	*	365
=	27.84

Taokaenoi Food & Marketing 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
=	( (258.547	+	239.697)	/	2 )	/	824.748	*	365 / 4
=	249.122					/	824.748	*	365 / 4
=	27.56

Taokaenoi Food & Marketing PCL Days Payable Related Terms

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Taokaenoi Food & Marketing PCL (BKK:TKN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Taokaenoi Food & Marketing PCL (BKK:TKN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

337 Bond Street, Bangphut Pak kret, Nonthaburi, THA, 11120

Website

https://www.taokaenoi.co.th

Taokaenoi Food & Marketing PCL specializes in the production of seaweed snacks in Thailand. The company is principally engaged in the manufacture and distribution of fried, grilled, and baked seaweed and seaweed snacks. The company's operations are divided into three segments: Snack, Retailer, and Others. Snacks segment represents the manufacture and distribution of fried, grilled, and baked seaweed and seaweed snacks in both domestic and overseas markets. The retailer segment represents a retailer of snacks, food and beverage and franchises. Geographically, the business activities are carried out across Thailand.

Taokaenoi Food & Marketing PCL (BKK:TKN) Headlines

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