Thai Plaspac PCL (BKK:TPAC) Days Payable : 30.30 (As of Mar. 2024)

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What is Thai Plaspac PCL Days Payable?

Thai Plaspac PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿471 Mil. Thai Plaspac PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿1,419 Mil. Hence, Thai Plaspac PCL's Days Payable for the three months ended in Mar. 2024 was 30.30.

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

BKK:TPAC' s Days Payable Range Over the Past 10 Years
Min: 18.01 Med: 23.64 Max: 55.94
Current: 35.43

During the past 13 years, Thai Plaspac PCL's highest Days Payable was 55.94. The lowest was 18.01. And the median was 23.64.

BKK:TPAC's Days Payable is ranked worse than
78.59% of 369 companies
in the Packaging & Containers industry
Industry Median: 58.45 vs BKK:TPAC: 35.43

Thai Plaspac PCL's Days Payable increased from Mar. 2023 (29.65) to Mar. 2024 (30.30). It may suggest that Thai Plaspac PCL delayed paying its suppliers.

Thai Plaspac PCL Days Payable Historical Data

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

Thai Plaspac PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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18.01

21.57

24.15

22.11

23.13

Thai Plaspac 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															29.65	37.85	39.00	30.95	30.30

Competitive Comparison of Thai Plaspac PCL's Days Payable

For the Packaging & Containers subindustry, Thai Plaspac 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 Plaspac PCL's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thai Plaspac PCL's Days Payable distribution charts can be found below:

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

Thai Plaspac 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 Plaspac 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
=	( (355.061	+	322.116)	/	2 )	/	5343.59	*	365
=	338.5885					/	5343.59	*	365
=	23.13

Thai Plaspac 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
=	( (322.116	+	620.112)	/	2 )	/	1418.993	*	365 / 4
=	471.114					/	1418.993	*	365 / 4
=	30.30

Thai Plaspac PCL Days Payable Related Terms

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Thai Plaspac PCL (BKK:TPAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Thai Plaspac PCL (BKK:TPAC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bang Khun Thian-Chay Thalae Road, 3/2 Soi Thian Thalae 15, Thakham, Bang Khun Thian, Bangkok, THA, 10150

Website

http://www.thaiplaspac.com

Thai Plaspac PCL is a Thailand based company that operates in the plastic packaging business. The activity of the group includes the manufacturing and distribution of plastic packaging materials. It offers a wide range of manufacturing capabilities, ranging from packaging design, injection-molding, blow-molding, injection/blow-molding, in-line inspections, and quality assurance. It serves the food, daily products, consumer-household and other sectors. Geographically, the firm has a business presence in Thailand and Other overseas countries.

Thai Plaspac PCL (BKK:TPAC) Headlines

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