Chiangmai Rimdoi PCL (BKK:CRD) Days Payable : 67.34 (As of Mar. 2024)

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What is Chiangmai Rimdoi PCL Days Payable?

Chiangmai Rimdoi PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿129.7 Mil. Chiangmai Rimdoi PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿175.8 Mil. Hence, Chiangmai Rimdoi PCL's Days Payable for the three months ended in Mar. 2024 was 67.34.

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

BKK:CRD' s Days Payable Range Over the Past 10 Years
Min: 44.82 Med: 56.22 Max: 81.85
Current: 71.12

During the past 10 years, Chiangmai Rimdoi PCL's highest Days Payable was 81.85. The lowest was 44.82. And the median was 56.22.

BKK:CRD's Days Payable is ranked worse than
53.05% of 1604 companies
in the Construction industry
Industry Median: 74.885 vs BKK:CRD: 71.12

Chiangmai Rimdoi PCL's Days Payable declined from Mar. 2023 (72.25) to Mar. 2024 (67.34). It may suggest that Chiangmai Rimdoi PCL accelerated paying its suppliers.

Chiangmai Rimdoi PCL Days Payable Historical Data

The historical data trend for Chiangmai Rimdoi 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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Chiangmai Rimdoi PCL Days Payable Chart

Chiangmai Rimdoi PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

44.82

56.56

57.24

55.87

75.57

Chiangmai Rimdoi 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															72.25	74.97	75.41	64.01	67.34

Competitive Comparison of Chiangmai Rimdoi PCL's Days Payable

For the Engineering & Construction subindustry, Chiangmai Rimdoi 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.

Chiangmai Rimdoi PCL's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Chiangmai Rimdoi PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Chiangmai Rimdoi PCL's Days Payable falls into.

Chiangmai Rimdoi 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.

Chiangmai Rimdoi 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
=	( (207.862	+	125.786)	/	2 )	/	805.784	*	365
=	166.824					/	805.784	*	365
=	75.57

Chiangmai Rimdoi 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
=	( (125.786	+	133.681)	/	2 )	/	175.788	*	365 / 4
=	129.7335					/	175.788	*	365 / 4
=	67.34

Chiangmai Rimdoi PCL Days Payable Related Terms

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Chiangmai Rimdoi PCL (BKK:CRD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chiangmai Rimdoi PCL (BKK:CRD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 164 / 34-36 Changklan Road, Changklan, Muang, Chiang Mai, THA, 50100

Website

https://www.cmrd.co.th

Chiangmai Rimdoi PCL provides construction services for general building construction and infrastructure construction. The company operates in one principal segment namely Construction Services. Its services comprise general construction services and custom-made infrastructure services. It also holds an interest in solid waste disposal activities. Substantial revenue is earned from Construction services.

Chiangmai Rimdoi PCL (BKK:CRD) Headlines

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