Global Connections PCL (BKK:GC) Days Payable : 23.38 (As of Mar. 2024)

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What is Global Connections PCL Days Payable?

Global Connections PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿365 Mil. Global Connections PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿1,424 Mil. Hence, Global Connections PCL's Days Payable for the three months ended in Mar. 2024 was 23.38.

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

BKK:GC' s Days Payable Range Over the Past 10 Years
Min: 17.01 Med: 21.06 Max: 24.82
Current: 24.82

During the past 13 years, Global Connections PCL's highest Days Payable was 24.82. The lowest was 17.01. And the median was 21.06.

BKK:GC's Days Payable is ranked worse than
85.96% of 1503 companies
in the Chemicals industry
Industry Median: 61 vs BKK:GC: 24.82

Global Connections PCL's Days Payable increased from Mar. 2023 (20.61) to Mar. 2024 (23.38). It may suggest that Global Connections PCL delayed paying its suppliers.

Global Connections PCL Days Payable Historical Data

The historical data trend for Global Connections 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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Global Connections PCL Days Payable Chart

Global Connections PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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17.01

22.14

23.09

19.18

18.22

Global Connections 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															20.61	24.20	24.72	21.60	23.38

Competitive Comparison of Global Connections PCL's Days Payable

For the Specialty Chemicals subindustry, Global Connections 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.

Global Connections PCL's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Global Connections PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Global Connections PCL's Days Payable falls into.

Global Connections 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.

Global Connections 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
=	( (222.581	+	246.44)	/	2 )	/	4698.512	*	365
=	234.5105					/	4698.512	*	365
=	18.22

Global Connections 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
=	( (246.44	+	483.165)	/	2 )	/	1423.989	*	365 / 4
=	364.8025					/	1423.989	*	365 / 4
=	23.38

Global Connections PCL Days Payable Related Terms

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Global Connections PCL (BKK:GC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Global Connections PCL (BKK:GC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

13/1 Moo 2 King-Kaew Road, Rachateva, Bangplee, Samuthprakarn, THA, 10540

Website

https://www.gc.co.th

Global Connections PCL is a Thailand based company engaged in the wholesale of plastic and plastic-related products. The Company is principally engaged in the distribution of commodity polymers and special additive products.

Global Connections PCL (BKK:GC) Headlines

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