Thai Foods Group PCL (BKK:TFG) Days Payable : 22.65 (As of Dec. 2023)

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What is Thai Foods Group PCL Days Payable?

Thai Foods Group PCL's average Accounts Payable for the three months ended in Dec. 2023 was ฿3,563 Mil. Thai Foods Group PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿14,354 Mil. Hence, Thai Foods Group PCL's Days Payable for the three months ended in Dec. 2023 was 22.65.

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

BKK:TFG' s Days Payable Range Over the Past 10 Years
Min: 20.55 Med: 25.23 Max: 31.52
Current: 22.44

During the past 10 years, Thai Foods Group PCL's highest Days Payable was 31.52. The lowest was 20.55. And the median was 25.23.

BKK:TFG's Days Payable is ranked worse than
82.65% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs BKK:TFG: 22.44

Thai Foods Group PCL's Days Payable increased from Dec. 2022 (18.97) to Dec. 2023 (22.65). It may suggest that Thai Foods Group PCL delayed paying its suppliers.

Thai Foods Group PCL Days Payable Historical Data

The historical data trend for Thai Foods Group 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 Foods Group PCL Days Payable Chart

Thai Foods Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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28.97

25.86

24.59

20.55

23.49

Thai Foods Group PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															18.97	21.43	22.90	21.70	22.65

Competitive Comparison of Thai Foods Group PCL's Days Payable

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

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

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

Thai Foods Group 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 Foods Group 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
=	( (2786.432	+	3949.556)	/	2 )	/	52333.013	*	365
=	3367.994					/	52333.013	*	365
=	23.49

Thai Foods Group PCL's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3176.354	+	3949.556)	/	2 )	/	14353.874	*	365 / 4
=	3562.955					/	14353.874	*	365 / 4
=	22.65

Thai Foods Group PCL Days Payable Related Terms

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Thai Foods Group PCL (BKK:TFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thai Foods Group PCL (BKK:TFG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Viphavadi Rangsit Road, 1010, Shinawatra Tower 3 Building, 12th Floor, Kwang Chatuchak, Khet Chatuchak, Bangkok, THA, 10900

Website

https://www.tfg.co.th

Thai Foods Group PCL is a farm products company. Its operating segment includes Poultry, Swine, Feed Mill, Retail and Other business segments. The activities of the group are producing and distributing frozen and chilled chicken meat and products of chicken meat including producing and distributing swine and feed mills. Geographically, the company manages and operates its business activities principally in Thailand. It generates maximum revenue from the Poultry segment.