Advice IT Infinite PCL (BKK:ADVICE) Days Payable : 44.48 (As of Sep. 2023)

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What is Advice IT Infinite PCL Days Payable?

Advice IT Infinite PCL's average Accounts Payable for the three months ended in Sep. 2023 was ฿1,595 Mil. Advice IT Infinite PCL's Cost of Goods Sold for the three months ended in Sep. 2023 was ฿3,272 Mil. Hence, Advice IT Infinite PCL's Days Payable for the three months ended in Sep. 2023 was 44.48.

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

BKK:ADVICE' s Days Payable Range Over the Past 10 Years
Min: 40.99 Med: 42.4 Max: 95.56
Current: 95.56

During the past 3 years, Advice IT Infinite PCL's highest Days Payable was 95.56. The lowest was 40.99. And the median was 42.40.

BKK:ADVICE's Days Payable is ranked better than
68.87% of 2422 companies
in the Hardware industry
Industry Median: 67.735 vs BKK:ADVICE: 95.56

Advice IT Infinite PCL's Days Payable increased from . 20 (0.00) to Sep. 2023 (44.48). It may suggest that Advice IT Infinite PCL delayed paying its suppliers.

Advice IT Infinite PCL Days Payable Historical Data

The historical data trend for Advice IT Infinite 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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Advice IT Infinite PCL Days Payable Chart

Advice IT Infinite PCL Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

40.99

43.80

Advice IT Infinite PCL Quarterly Data
	Dec21	Sep22	Dec22	Sep23
Days Payable	-	45.64	48.95	44.48

Competitive Comparison of Advice IT Infinite PCL's Days Payable

For the Electronics & Computer Distribution subindustry, Advice IT Infinite 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.

Advice IT Infinite PCL's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Advice IT Infinite PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Advice IT Infinite PCL's Days Payable falls into.

Advice IT Infinite 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.

Advice IT Infinite PCL's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1644.915	+	1512.931)	/	2 )	/	13159.055	*	365
=	1578.923					/	13159.055	*	365
=	43.80

Advice IT Infinite PCL's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1512.931	+	1676.785)	/	2 )	/	3271.76	*	365 / 4
=	1594.858					/	3271.76	*	365 / 4
=	44.48

Advice IT Infinite PCL Days Payable Related Terms

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Advice IT Infinite PCL (BKK:ADVICE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Advice IT Infinite PCL (BKK:ADVICE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

74/1 Moo 1, Tha It Subdistrict, Pak Kret District, Nonthaburi Province, Nonthaburi, THA

Website

https://www.advice.co.th

Advice IT Infinite PCL is a retailer and wholesaler of IT products in the Thailand. It operates a business of selling, retail-wholesale products and providing IT services. It sells a variety of IT products ranging from computer assembly (DIY), notebook computers, desktop computers and various peripherals such as monitors, printers, mice, keyboards, network equipment. The company has three segments; Retail; Wholesale and services, out of which Retail Segment derives maximum profit.

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