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NAT Absolute Technologies PCL (BKK:NAT) Days Payable : 76.78 (As of Sep. 2023)


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What is NAT Absolute Technologies PCL Days Payable?

NAT Absolute Technologies PCL's average Accounts Payable for the three months ended in Sep. 2023 was ฿322.0 Mil. NAT Absolute Technologies PCL's Cost of Goods Sold for the three months ended in Sep. 2023 was ฿382.7 Mil. Hence, NAT Absolute Technologies PCL's Days Payable for the three months ended in Sep. 2023 was 76.78.

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

BKK:NAT' s Days Payable Range Over the Past 10 Years
Min: 82.45   Med: 94.53   Max: 155.48
Current: 155.48

During the past 2 years, NAT Absolute Technologies PCL's highest Days Payable was 155.48. The lowest was 82.45. And the median was 94.53.

BKK:NAT's Days Payable is ranked better than
78.74% of 2526 companies
in the Software industry
Industry Median: 50.42 vs BKK:NAT: 155.48

NAT Absolute Technologies PCL's Days Payable increased from . 20 (0.00) to Sep. 2023 (76.78). It may suggest that NAT Absolute Technologies PCL delayed paying its suppliers.


NAT Absolute Technologies PCL Days Payable Historical Data

The historical data trend for NAT Absolute Technologies 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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NAT Absolute Technologies PCL Days Payable Chart

NAT Absolute Technologies PCL Annual Data
Trend Dec21 Dec22
Days Payable
106.61 82.45

NAT Absolute Technologies PCL Quarterly Data
Dec21 Sep22 Dec22 Sep23
Days Payable - 195.08 73.48 76.78

Competitive Comparison of NAT Absolute Technologies PCL's Days Payable

For the Information Technology Services subindustry, NAT Absolute Technologies 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.


NAT Absolute Technologies PCL's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, NAT Absolute Technologies PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where NAT Absolute Technologies PCL's Days Payable falls into.



NAT Absolute Technologies 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.

NAT Absolute Technologies PCL's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (113.684 + 300.618) / 2 ) / 917.076*365
=207.151 / 917.076*365
=82.45

NAT Absolute Technologies PCL's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (300.618 + 343.481) / 2 ) / 382.719*365 / 4
=322.0495 / 382.719*365 / 4
=76.78

* 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.


NAT Absolute Technologies PCL Days Payable Related Terms

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NAT Absolute Technologies PCL (BKK:NAT) Business Description

Comparable Companies
Traded in Other Exchanges
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Address
Website
NAT Absolute Technologies PCL is engaged in information and communication technology services in Thailand. It provides consulting services, design, procure and distribute equipment ready for installation, including providing contract system installation services related to information and communication technology systems (Information and Communication Technology System Integration).