TPC Power Holding PCL (BKK:TPCH) Days Payable : 31.34 (As of Mar. 2024)

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What is TPC Power Holding PCL Days Payable?

TPC Power Holding PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿137 Mil. TPC Power Holding PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿399 Mil. Hence, TPC Power Holding PCL's Days Payable for the three months ended in Mar. 2024 was 31.34.

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

BKK:TPCH' s Days Payable Range Over the Past 10 Years
Min: 30.31 Med: 73.81 Max: 97.95
Current: 30.31

During the past 13 years, TPC Power Holding PCL's highest Days Payable was 97.95. The lowest was 30.31. And the median was 73.81.

BKK:TPCH's Days Payable is ranked worse than
80.21% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 76.22 vs BKK:TPCH: 30.31

TPC Power Holding PCL's Days Payable declined from Mar. 2023 (39.44) to Mar. 2024 (31.34). It may suggest that TPC Power Holding PCL accelerated paying its suppliers.

TPC Power Holding PCL Days Payable Historical Data

The historical data trend for TPC Power Holding 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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TPC Power Holding PCL Days Payable Chart

TPC Power Holding PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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62.22

92.09

70.26

48.13

35.91

TPC Power Holding 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															39.44	35.39	25.24	28.08	31.34

Competitive Comparison of TPC Power Holding PCL's Days Payable

For the Utilities - Renewable subindustry, TPC Power Holding 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.

TPC Power Holding PCL's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, TPC Power Holding PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where TPC Power Holding PCL's Days Payable falls into.

TPC Power Holding 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.

TPC Power Holding 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
=	( (235.445	+	159.954)	/	2 )	/	2009.565	*	365
=	197.6995					/	2009.565	*	365
=	35.91

TPC Power Holding 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
=	( (159.954	+	114.258)	/	2 )	/	399.169	*	365 / 4
=	137.106					/	399.169	*	365 / 4
=	31.34

TPC Power Holding PCL Days Payable Related Terms

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TPC Power Holding PCL (BKK:TPCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » TPC Power Holding PCL (BKK:TPCH) » Definitions » Days Payable

Comparable Companies

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Address

Prasertmanukit Road, 2 , 4 Prasertmanukit Soi 29 Yeak 8, Chaorakhaebua, Ladprao, Bangkok, THA, 10230

Website

https://www.tpcpower.co.th

TPC Power Holding PCL is engaged in the business of generating and distributing electricity from various types of renewable energy. and provide support services. Its projects consist of the biomass power plant and other renewable power plants. Pracharat Mae Lan Power Plant and Pracharat Bannang Sata Power Plant are the two biomass power plant projects. The company's operations are mainly conducted in Thailand.

TPC Power Holding PCL (BKK:TPCH) Headlines

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