Thai Union Feedmill PCL (BKK:TFM) Days Payable : 40.16 (As of Mar. 2024)

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What is Thai Union Feedmill PCL Days Payable?

Thai Union Feedmill PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿461 Mil. Thai Union Feedmill PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿1,048 Mil. Hence, Thai Union Feedmill PCL's Days Payable for the three months ended in Mar. 2024 was 40.16.

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

BKK:TFM' s Days Payable Range Over the Past 10 Years
Min: 25.84 Med: 33.11 Max: 41.21
Current: 41.21

During the past 7 years, Thai Union Feedmill PCL's highest Days Payable was 41.21. The lowest was 25.84. And the median was 33.11.

BKK:TFM's Days Payable is ranked worse than
55.54% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs BKK:TFM: 41.21

Thai Union Feedmill PCL's Days Payable increased from Mar. 2023 (39.91) to Mar. 2024 (40.16). It may suggest that Thai Union Feedmill PCL delayed paying its suppliers.

Thai Union Feedmill PCL Days Payable Historical Data

The historical data trend for Thai Union Feedmill 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 Union Feedmill PCL Days Payable Chart

Thai Union Feedmill PCL Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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29.47

36.22

33.75

34.40

33.11

Thai Union Feedmill PCL Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial														39.91	43.07	44.19	36.77	40.16

Competitive Comparison of Thai Union Feedmill PCL's Days Payable

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

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

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

Thai Union Feedmill 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 Union Feedmill 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
=	( (424.37	+	417.783)	/	2 )	/	4642.06	*	365
=	421.0765					/	4642.06	*	365
=	33.11

Thai Union Feedmill 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
=	( (417.783	+	504.732)	/	2 )	/	1047.999	*	365 / 4
=	461.2575					/	1047.999	*	365 / 4
=	40.16

Thai Union Feedmill PCL Days Payable Related Terms

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Thai Union Feedmill PCL (BKK:TFM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thai Union Feedmill PCL (BKK:TFM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

89/1 Moo 2, Rama 2 Road, Kalong Subdistrict, Mueang District, Samut Sakhon Province, Samut Sakhon, THA, 74000

Website

https://www.thaiunionfeedmill.com

Thai Union Feedmill PCL is a manufacturer and distributor of aquatic feed in Thailand. Business is organised into four reportable segments; Shrimp feed products; Fish feed products; Livestock feed products and Others. The firm generates the majority of its revenue from Shrimp feed products. Geographically it exports to Pakistan and others and drives key revenue from Thailand.