Tipco Foods (Thailand) (BKK:TIPCO) Days Payable : 62.62 (As of Dec. 2023)

View and export this data going back to 1989. Start your Free Trial

What is Tipco Foods (Thailand) Days Payable?

Tipco Foods (Thailand)'s average Accounts Payable for the three months ended in Dec. 2023 was ฿358 Mil. Tipco Foods (Thailand)'s Cost of Goods Sold for the three months ended in Dec. 2023 was ฿522 Mil. Hence, Tipco Foods (Thailand)'s Days Payable for the three months ended in Dec. 2023 was 62.62.

The historical rank and industry rank for Tipco Foods (Thailand)'s Days Payable or its related term are showing as below:

BKK:TIPCO' s Days Payable Range Over the Past 10 Years
Min: 28.81 Med: 35.89 Max: 68.41
Current: 67.48

During the past 13 years, Tipco Foods (Thailand)'s highest Days Payable was 68.41. The lowest was 28.81. And the median was 35.89.

BKK:TIPCO's Days Payable is ranked better than
56.88% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 58.93 vs BKK:TIPCO: 67.48

Tipco Foods (Thailand)'s Days Payable increased from Dec. 2022 (54.97) to Dec. 2023 (62.62). It may suggest that Tipco Foods (Thailand) delayed paying its suppliers.

Tipco Foods (Thailand) Days Payable Historical Data

The historical data trend for Tipco Foods (Thailand)'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.

Tipco Foods (Thailand) Days Payable Chart

Tipco Foods (Thailand) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

40.08

66.57

66.43

58.20

68.41

Tipco Foods (Thailand) 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															54.97	67.45	70.44	68.51	62.62

Competitive Comparison of Tipco Foods (Thailand)'s Days Payable

For the Beverages - Non-Alcoholic subindustry, Tipco Foods (Thailand)'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.

Tipco Foods (Thailand)'s Days Payable Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Tipco Foods (Thailand)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Tipco Foods (Thailand)'s Days Payable falls into.

Tipco Foods (Thailand) 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.

Tipco Foods (Thailand)'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
=	( (399.183	+	381.417)	/	2 )	/	2082.301	*	365
=	390.3					/	2082.301	*	365
=	68.41

Tipco Foods (Thailand)'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
=	( (335.541	+	381.417)	/	2 )	/	522.372	*	365 / 4
=	358.479					/	522.372	*	365 / 4
=	62.62

Tipco Foods (Thailand) Days Payable Related Terms

Thank you for viewing the detailed overview of Tipco Foods (Thailand)'s Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Tipco Foods (Thailand) (BKK:TIPCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Tipco Foods (Thailand) PLC (BKK:TIPCO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rama 6 Road, 118/1 Tipco Tower, 28-29 Floor, Phayathai, Phayathai District, Bangkok, THA, 10400

Website

https://www.tipco.net

Tipco Foods (Thailand) PLC is principally engaged in the manufacture and distribution of mineral water. The operating segments of the company are Products of vegetable and fruit, Beverage and Others. The company earns the majority of its revenue from Thailand.

Tipco Foods (Thailand) (BKK:TIPCO) Headlines

No Headlines