Grand Canal Land PCL (BKK:GLAND) Days Payable : 296.34 (As of Mar. 2024)

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What is Grand Canal Land PCL Days Payable?

Grand Canal Land PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿311 Mil. Grand Canal Land PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿96 Mil. Hence, Grand Canal Land PCL's Days Payable for the three months ended in Mar. 2024 was 296.34.

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

BKK:GLAND' s Days Payable Range Over the Past 10 Years
Min: 212.67 Med: 379.42 Max: 853.85
Current: 252.07

During the past 13 years, Grand Canal Land PCL's highest Days Payable was 853.85. The lowest was 212.67. And the median was 379.42.

BKK:GLAND's Days Payable is ranked better than
76.12% of 1579 companies
in the Real Estate industry
Industry Median: 99.39 vs BKK:GLAND: 252.07

Grand Canal Land PCL's Days Payable increased from Mar. 2023 (211.54) to Mar. 2024 (296.34). It may suggest that Grand Canal Land PCL delayed paying its suppliers.

Grand Canal Land PCL Days Payable Historical Data

The historical data trend for Grand Canal Land 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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Grand Canal Land PCL Days Payable Chart

Grand Canal Land PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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579.51

547.06

345.85

251.76

232.61

Grand Canal Land 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															211.54	223.79	235.34	241.97	296.34

Competitive Comparison of Grand Canal Land PCL's Days Payable

For the Real Estate Services subindustry, Grand Canal Land 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.

Grand Canal Land PCL's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Grand Canal Land PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Grand Canal Land PCL's Days Payable falls into.

Grand Canal Land 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.

Grand Canal Land 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
=	( (233.524	+	287.569)	/	2 )	/	408.843	*	365
=	260.5465					/	408.843	*	365
=	232.61

Grand Canal Land 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
=	( (287.569	+	334.617)	/	2 )	/	95.794	*	365 / 4
=	311.093					/	95.794	*	365 / 4
=	296.34

Grand Canal Land PCL Days Payable Related Terms

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Grand Canal Land PCL (BKK:GLAND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Grand Canal Land PCL (BKK:GLAND) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

33/4 Rama 9 Road, Huai Khwang Subdistrict, Huai Khwang District, Bangkok, THA, 10310

Website

http://www.grandcanalland.com

Grand Canal Land PCL is a Thailand based property development company. It operates in two business segments including the Real estate for sale business and Real estate for rental and service business. Real estate for sale business, consists of land and house projects and residential condominium projects; Real estate for rental and service business, consists of an office building for rent project. The company generates maximum revenue from the Real estate for rental and service business segment.

Grand Canal Land PCL (BKK:GLAND) Headlines

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