Chonburi Concrete Product PCL (BKK:CCP) Days Payable : 64.34 (As of Mar. 2024)

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What is Chonburi Concrete Product PCL Days Payable?

Chonburi Concrete Product PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿454 Mil. Chonburi Concrete Product PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿644 Mil. Hence, Chonburi Concrete Product PCL's Days Payable for the three months ended in Mar. 2024 was 64.34.

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

BKK:CCP' s Days Payable Range Over the Past 10 Years
Min: 54.28 Med: 61.44 Max: 67.56
Current: 63.44

During the past 13 years, Chonburi Concrete Product PCL's highest Days Payable was 67.56. The lowest was 54.28. And the median was 61.44.

BKK:CCP's Days Payable is ranked worse than
52.7% of 370 companies
in the Building Materials industry
Industry Median: 66.17 vs BKK:CCP: 63.44

Chonburi Concrete Product PCL's Days Payable increased from Mar. 2023 (48.09) to Mar. 2024 (64.34). It may suggest that Chonburi Concrete Product PCL delayed paying its suppliers.

Chonburi Concrete Product PCL Days Payable Historical Data

The historical data trend for Chonburi Concrete Product 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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Chonburi Concrete Product PCL Days Payable Chart

Chonburi Concrete Product PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

62.23

62.08

57.00

54.46

54.28

Chonburi Concrete Product 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															48.09	61.35	57.16	66.87	64.34

Competitive Comparison of Chonburi Concrete Product PCL's Days Payable

For the Building Materials subindustry, Chonburi Concrete Product 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.

Chonburi Concrete Product PCL's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Chonburi Concrete Product PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Chonburi Concrete Product PCL's Days Payable falls into.

Chonburi Concrete Product 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.

Chonburi Concrete Product 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
=	( (336.696	+	421.697)	/	2 )	/	2549.814	*	365
=	379.1965					/	2549.814	*	365
=	54.28

Chonburi Concrete Product 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
=	( (421.697	+	486.471)	/	2 )	/	644.037	*	365 / 4
=	454.084					/	644.037	*	365 / 4
=	64.34

Chonburi Concrete Product PCL Days Payable Related Terms

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Chonburi Concrete Product PCL (BKK:CCP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Chonburi Concrete Product PCL (BKK:CCP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

39/1 Moo 1, Sukhumvit Road, Tambol Huaykapi, Amphur Muang, Chonburi, THA, 20000

Website

https://www.ccp.co.th

Chonburi Concrete Product PCL is mainly engaged in the manufacturing and distribution of concrete products and ready mixed concrete in Thailand. Its products include Ready-Mixed Concrete, Precast concrete for structure system works and precast concrete for decorative works, among others. The operations of the company mainly in Thailand involve several industry segments, namely the production and sales of construction products, real estate rental and transportation services.

Chonburi Concrete Product PCL (BKK:CCP) Headlines

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