Thai Nondestructive Testing PCL (BKK:TNDT) Days Payable : 28.17 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Thai Nondestructive Testing PCL Days Payable?

Thai Nondestructive Testing PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿12.9 Mil. Thai Nondestructive Testing PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿41.7 Mil. Hence, Thai Nondestructive Testing PCL's Days Payable for the three months ended in Mar. 2024 was 28.17.

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

BKK:TNDT' s Days Payable Range Over the Past 10 Years
Min: 8.21 Med: 17.72 Max: 192.96
Current: 24.46

During the past 13 years, Thai Nondestructive Testing PCL's highest Days Payable was 192.96. The lowest was 8.21. And the median was 17.72.

BKK:TNDT's Days Payable is ranked worse than
92.2% of 1603 companies
in the Construction industry
Industry Median: 75.22 vs BKK:TNDT: 24.46

Thai Nondestructive Testing PCL's Days Payable increased from Mar. 2023 (11.86) to Mar. 2024 (28.17). It may suggest that Thai Nondestructive Testing PCL delayed paying its suppliers.

Thai Nondestructive Testing PCL Days Payable Historical Data

The historical data trend for Thai Nondestructive Testing 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 Nondestructive Testing PCL Days Payable Chart

Thai Nondestructive Testing PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

20.47

17.72

179.09

192.96

17.72

Thai Nondestructive Testing 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															11.86	21.29	28.26	28.65	28.17

Competitive Comparison of Thai Nondestructive Testing PCL's Days Payable

For the Engineering & Construction subindustry, Thai Nondestructive Testing 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 Nondestructive Testing PCL's Days Payable Distribution in the Construction Industry

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

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

Thai Nondestructive Testing 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 Nondestructive Testing 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
=	( (4.535	+	15.395)	/	2 )	/	205.225	*	365
=	9.965					/	205.225	*	365
=	17.72

Thai Nondestructive Testing 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
=	( (15.395	+	10.361)	/	2 )	/	41.717	*	365 / 4
=	12.878					/	41.717	*	365 / 4
=	28.17

Thai Nondestructive Testing PCL Days Payable Related Terms

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

Thai Nondestructive Testing PCL (BKK:TNDT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Thai Nondestructive Testing PCL (BKK:TNDT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ramkamhaeng Road, 19 Soi Ramkamhaeng 60 Intersection 8 (Suanson 8), Huamark, Bangkapi, Bangkok, THA, 10240

Website

https://www.tndt.co.th

Thai Nondestructive Testing PCL engages in providing technical services and operates engineering inspection and testing through non-destructive techniques. It operates in the segments of Non-Destructive Testing Services and Inspection Services for Pressure Vessel and Solar PV Rooftop. Its Non-Destructive Testing Services segment which earns majority revenue provides conventional and advanced testing services, which are applied to pressure vessels, heat exchangers, boilers, piping and structures in the fields of oil refineries, power plants, petrochemical plants, ship buildings, offshore, bridges and building constructions, and other heavy industries.

Thai Nondestructive Testing PCL (BKK:TNDT) Headlines

No Headlines