Market Connections Asia PCL (BKK:MCA) Days Payable : 24.90 (As of Dec. 2023)

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What is Market Connections Asia PCL Days Payable?

Market Connections Asia PCL's average Accounts Payable for the six months ended in Dec. 2023 was ฿27.6 Mil. Market Connections Asia PCL's Cost of Goods Sold for the six months ended in Dec. 2023 was ฿202.6 Mil. Hence, Market Connections Asia PCL's Days Payable for the six months ended in Dec. 2023 was 24.90.

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

BKK:MCA' s Days Payable Range Over the Past 10 Years
Min: 24.94 Med: 28.5 Max: 37.55
Current: 25.92

During the past 3 years, Market Connections Asia PCL's highest Days Payable was 37.55. The lowest was 24.94. And the median was 28.50.

BKK:MCA's Days Payable is ranked worse than
83.03% of 925 companies
in the Media - Diversified industry
Industry Median: 79.7 vs BKK:MCA: 25.92

Market Connections Asia PCL's Days Payable declined from Dec. 2022 (27.65) to Dec. 2023 (24.90). It may suggest that Market Connections Asia PCL accelerated paying its suppliers.

Market Connections Asia PCL Days Payable Historical Data

The historical data trend for Market Connections Asia 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.

Market Connections Asia PCL Days Payable Chart

Market Connections Asia PCL Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

37.55

24.94

28.50

Market Connections Asia PCL Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	-	22.06	27.65	24.27	24.90

Competitive Comparison of Market Connections Asia PCL's Days Payable

For the Advertising Agencies subindustry, Market Connections Asia 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.

Market Connections Asia PCL's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Market Connections Asia PCL's Days Payable distribution charts can be found below:

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

Market Connections Asia 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.

Market Connections Asia 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
=	( (22.596	+	34.51)	/	2 )	/	365.633	*	365
=	28.553					/	365.633	*	365
=	28.50

Market Connections Asia PCL's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (20.776	+	34.51)	/	2 )	/	202.581	*	365 / 2
=	27.643					/	202.581	*	365 / 2
=	24.90

Market Connections Asia PCL Days Payable Related Terms

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Market Connections Asia PCL (BKK:MCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Market Connections Asia PCL (BKK:MCA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

51/859 Soi Nuanchan 34, Nuanchan Subdistrict, Bueng Kum, Bangkok, THA, 10230

Website

https://www.marketconnectionsasia.com

Market Connections Asia PCL is a company that does integrated marketing activities both offline and online. The company focuses on providing services. and is a coordinating medium To increase sales in various trade channels Ready to provide service and support in taking care of every aspect of the work process. in order to get effective results. The company's business segment includes Marketing and digital activities, Packing and logistics, Product consultants, and Merchandising. The company generates the majority of its revenue from Merchandising, and Marketing and digital activities.

Market Connections Asia PCL (BKK:MCA) Headlines

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