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Lanna Resources PCL (BKK:LANNA) Days Payable : 15.95 (As of Mar. 2024)


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What is Lanna Resources PCL Days Payable?

Lanna Resources PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿522 Mil. Lanna Resources PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿2,986 Mil. Hence, Lanna Resources PCL's Days Payable for the three months ended in Mar. 2024 was 15.95.

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

BKK:LANNA' s Days Payable Range Over the Past 10 Years
Min: 15.99   Med: 21.6   Max: 30.45
Current: 20.19

During the past 13 years, Lanna Resources PCL's highest Days Payable was 30.45. The lowest was 15.99. And the median was 21.60.

BKK:LANNA's Days Payable is ranked worse than
92.06% of 126 companies
in the Other Energy Sources industry
Industry Median: 64.77 vs BKK:LANNA: 20.19

Lanna Resources PCL's Days Payable declined from Mar. 2023 (20.51) to Mar. 2024 (15.95). It may suggest that Lanna Resources PCL accelerated paying its suppliers.


Lanna Resources PCL Days Payable Historical Data

The historical data trend for Lanna Resources 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.

* Premium members only.

Lanna Resources PCL Days Payable Chart

Lanna Resources PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.45 25.78 22.22 19.53 15.99

Lanna Resources 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.51 22.45 24.45 17.21 15.95

Competitive Comparison of Lanna Resources PCL's Days Payable

For the Thermal Coal subindustry, Lanna Resources 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.


Lanna Resources PCL's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Lanna Resources PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Lanna Resources PCL's Days Payable falls into.



Lanna Resources 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.

Lanna Resources 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
=( (605.183 + 419.203) / 2 ) / 11690.399*365
=512.193 / 11690.399*365
=15.99

Lanna Resources 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
=( (419.203 + 624.605) / 2 ) / 2985.799*365 / 4
=521.904 / 2985.799*365 / 4
=15.95

* 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.


Lanna Resources PCL Days Payable Related Terms

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Lanna Resources PCL (BKK:LANNA) Business Description

Traded in Other Exchanges
N/A
Address
Ploenchit Road, 888/99, Mahatun Plaza Building, 9th Floor, Lumpini Subdistrict, Pathumwan District, Bangkok, THA, 10330
Lanna Resources PCL is a Thailand-based company engaged in the coal industry. It operates through the segments of Domestic Coal, which purchases and sells coal, Overseas Coal which produces and sells coal, the Ethanol segment involves production and selling of ethanol, Wood pellet segment which produces and sells wood pellet, and Soil conditioner segment. Prime revenue for the firm is derived through the Overseas Coal segment. The company has operational footprints in various countries including Thailand, India, Singapore, China, Dubai and others.

Lanna Resources PCL (BKK:LANNA) Headlines

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