Thai Nam Plastic PCL (BKK:TNPC) Days Payable : 63.19 (As of Mar. 2024)

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What is Thai Nam Plastic PCL Days Payable?

Thai Nam Plastic PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿214 Mil. Thai Nam Plastic PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿309 Mil. Hence, Thai Nam Plastic PCL's Days Payable for the three months ended in Mar. 2024 was 63.19.

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

BKK:TNPC' s Days Payable Range Over the Past 10 Years
Min: 54.44 Med: 60.33 Max: 67.89
Current: 63.31

During the past 13 years, Thai Nam Plastic PCL's highest Days Payable was 67.89. The lowest was 54.44. And the median was 60.33.

BKK:TNPC's Days Payable is ranked worse than
53.05% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 66.92 vs BKK:TNPC: 63.31

Thai Nam Plastic PCL's Days Payable declined from Mar. 2023 (66.73) to Mar. 2024 (63.19). It may suggest that Thai Nam Plastic PCL accelerated paying its suppliers.

Thai Nam Plastic PCL Days Payable Historical Data

The historical data trend for Thai Nam Plastic 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 Nam Plastic PCL Days Payable Chart

Thai Nam Plastic PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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55.13

62.27

56.48

61.07

67.89

Thai Nam Plastic 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															66.73	69.70	54.21	67.51	63.19

Competitive Comparison of Thai Nam Plastic PCL's Days Payable

For the Auto Parts subindustry, Thai Nam Plastic 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 Nam Plastic PCL's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thai Nam Plastic PCL's Days Payable distribution charts can be found below:

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

Thai Nam Plastic 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 Nam Plastic 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
=	( (251.681	+	220.753)	/	2 )	/	1270.046	*	365
=	236.217					/	1270.046	*	365
=	67.89

Thai Nam Plastic 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
=	( (220.753	+	206.681)	/	2 )	/	308.629	*	365 / 4
=	213.717					/	308.629	*	365 / 4
=	63.19

Thai Nam Plastic PCL Days Payable Related Terms

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Thai Nam Plastic PCL (BKK:TNPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Thai Nam Plastic PCL (BKK:TNPC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

40 Moo 7, Petchakasem Road, KM.23, Omnoi, Kratumban, Samutsakorn, THA, 74130

Website

https://www.thainam.com

Thai Nam Plastic PCL engages in the production and distribution of flexible plastic, synthetic leather, and car mat. The company produces both Polyvinyl chloride (PVC) and Non-PVC plastic products, such as Solid sheets and Synthetic leather used for making automotive interior parts, Sports shoes, Furniture, and Stationery. It operates through the Manufacturing of Plastic Parts of Automobile Industry Group and Other segments. The Manufacturing of Plastic Parts of Automobile Industry Group segment, which accounts for the majority of revenue, manufactures artificial leather and automobile rubber flooring. The Other segment produces various types of plastics both soft and rigid, rolls and plate. The group has a business presence in Thailand and other countries.

Thai Nam Plastic PCL (BKK:TNPC) Headlines

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