Thai Coconut PCL (BKK:COCOCO) Days Payable : 60.97 (As of Sep. 2023)

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What is Thai Coconut PCL Days Payable?

Thai Coconut PCL's average Accounts Payable for the three months ended in Sep. 2023 was ฿630 Mil. Thai Coconut PCL's Cost of Goods Sold for the three months ended in Sep. 2023 was ฿943 Mil. Hence, Thai Coconut PCL's Days Payable for the three months ended in Sep. 2023 was 60.97.

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

BKK:COCOCO' s Days Payable Range Over the Past 10 Years
Min: 41.11 Med: 43.13 Max: 79.37
Current: 79.37

During the past 4 years, Thai Coconut PCL's highest Days Payable was 79.37. The lowest was 41.11. And the median was 43.13.

BKK:COCOCO's Days Payable is ranked better than
74.57% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 46.12 vs BKK:COCOCO: 79.37

Thai Coconut PCL's Days Payable increased from Jun. 2022 (46.12) to Sep. 2023 (60.97). It may suggest that Thai Coconut PCL delayed paying its suppliers.

Thai Coconut PCL Days Payable Historical Data

The historical data trend for Thai Coconut 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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Thai Coconut PCL Days Payable Chart

Thai Coconut PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

43.13

41.11

43.30

Thai Coconut PCL Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial			46.12	-	43.22	46.68	60.97

Competitive Comparison of Thai Coconut PCL's Days Payable

For the Packaged Foods subindustry, Thai Coconut 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 Coconut PCL's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Coconut PCL's Days Payable distribution charts can be found below:

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

Thai Coconut 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 Coconut PCL's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (326.981	+	280.883)	/	2 )	/	2562.136	*	365
=	303.932					/	2562.136	*	365
=	43.30

Thai Coconut PCL's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (564.372	+	695.734)	/	2 )	/	942.901	*	365 / 4
=	630.053					/	942.901	*	365 / 4
=	60.97

Thai Coconut PCL Days Payable Related Terms

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Thai Coconut PCL (BKK:COCOCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thai Coconut PCL (BKK:COCOCO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Changwattana Road, 108/45 Soi Changwattana 20, Pakkred, Nonthaburi, THA, 11120

Website

https://www.thaicoconut.com

Thai Coconut PCL is engaged in the production and distribution of coconut products. Its Products include coconut milk, coconut water, virgin coconut oil, ready curry soup, coconut snacks, desiccated coconut, etc. Products from its factory are produced under the Thaicoco and Cocoburi brands. Its segments are Coconut milk and Coconut water. It generates the majority of its revenue from Coconut milk.

Thai Coconut PCL (BKK:COCOCO) Headlines

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