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True PCL (FRA:TAF1) Days Payable : 122.56 (As of Mar. 2024)


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What is True PCL Days Payable?

True PCL's average Accounts Payable for the three months ended in Mar. 2024 was €1,265 Mil. True PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was €941 Mil. Hence, True PCL's Days Payable for the three months ended in Mar. 2024 was 122.56.

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

FRA:TAF1' s Days Payable Range Over the Past 10 Years
Min: 157.18   Med: 230.94   Max: 296.83
Current: 158.64

During the past 13 years, True PCL's highest Days Payable was 296.83. The lowest was 157.18. And the median was 230.94.

FRA:TAF1's Days Payable is ranked better than
68.79% of 346 companies
in the Telecommunication Services industry
Industry Median: 104.78 vs FRA:TAF1: 158.64

True PCL's Days Payable declined from Mar. 2023 (427.67) to Mar. 2024 (122.56). It may suggest that True PCL accelerated paying its suppliers.


True PCL Days Payable Historical Data

The historical data trend for True 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.

True PCL Days Payable Chart

True PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 213.62 247.35 222.73 212.06 -

True 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 427.67 110.16 134.19 - 122.56

Competitive Comparison of True PCL's Days Payable

For the Telecom Services subindustry, True 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.


True PCL's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, True PCL's Days Payable distribution charts can be found below:

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



True 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.

True 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
=( (1632.406 + 1337.152) / 2 ) / 0*365
=1484.779 / 0*365
=N/A

True 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
=( (1337.152 + 1191.869) / 2 ) / 941.452*365 / 4
=1264.5105 / 941.452*365 / 4
=122.56

* 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.


True PCL Days Payable Related Terms

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True PCL (FRA:TAF1) Business Description

Traded in Other Exchanges
Address
18 True Tower, Ratchadaphisek Road, Huai Khwang, Bangkok, THA, 10310
True Corp PCL is a triple-play telecommunications company. It operates through three business segments: TrueOnline, TrueMove H, and TrueVisions. The majority of revenue is derived from TrueMove H, the company's mobile services product offering. The majority of the company's customer base in its mobile services division is considered prepaid. TrueOnline comprises the company's fixed-line telephone and public phone services, Internet, and business data services. TrueVisions is the group's pay-TV service. It is delivered via digital direct-to-home satellite and hybrid fibre-coaxial cable network platforms. It operates in a single geographical area, which is Thailand.

True PCL (FRA:TAF1) Headlines

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