Netbay Public Company (BKK:NETBAY) Days Payable : 29.70 (As of Mar. 2024)

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What is Netbay Public Company Days Payable?

Netbay Public Company's average Accounts Payable for the three months ended in Mar. 2024 was ฿8.2 Mil. Netbay Public Company's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿25.3 Mil. Hence, Netbay Public Company's Days Payable for the three months ended in Mar. 2024 was 29.70.

The historical rank and industry rank for Netbay Public Company's Days Payable or its related term are showing as below:

BKK:NETBAY' s Days Payable Range Over the Past 10 Years
Min: 9.11 Med: 25.47 Max: 48.22
Current: 33.27

During the past 9 years, Netbay Public Company's highest Days Payable was 48.22. The lowest was 9.11. And the median was 25.47.

BKK:NETBAY's Days Payable is ranked worse than
63.65% of 2531 companies
in the Software industry
Industry Median: 50.16 vs BKK:NETBAY: 33.27

Netbay Public Company's Days Payable increased from Mar. 2023 (20.21) to Mar. 2024 (29.70). It may suggest that Netbay Public Company delayed paying its suppliers.

Netbay Public Company Days Payable Historical Data

The historical data trend for Netbay Public Company'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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Netbay Public Company Days Payable Chart

Netbay Public Company Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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25.47

13.25

12.78

9.11

13.17

Netbay Public Company 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															20.21	32.93	38.30	28.15	29.70

Competitive Comparison of Netbay Public Company's Days Payable

For the Software - Application subindustry, Netbay Public Company'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.

Netbay Public Company's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Netbay Public Company's Days Payable distribution charts can be found below:

* The bar in red indicates where Netbay Public Company's Days Payable falls into.

Netbay Public Company 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.

Netbay Public Company'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
=	( (2.245	+	5.122)	/	2 )	/	102.057	*	365
=	3.6835					/	102.057	*	365
=	13.17

Netbay Public Company'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
=	( (5.122	+	11.339)	/	2 )	/	25.288	*	365 / 4
=	8.2305					/	25.288	*	365 / 4
=	29.70

Netbay Public Company Days Payable Related Terms

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Netbay Public Company (BKK:NETBAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Netbay Public Company Ltd (BKK:NETBAY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 719/5, 8-9, Rama 6 Road, Wang Mai Sub-district, Pathumwan District, Bangkok, THA, 10330

Website

http://www.netbay.co.th

Netbay Public Company Ltd is a Thailand-based company engaged in the provision and development of computer software used in the transmission of information electronically. The company creates, designs, and develops a digital business technology platform and omnichannel connectivity gateway. It operates in two segments The e-Business segment, which develops an e-Business product in the form of services (SaaS: Software As A Service), and the e-Service segment, which renders an e-Business service for the Business segment to Government (B2G) transaction, and Business segment to Business segment (B2B) transaction. The company operates only in Thailand and generates the majority of its revenue from the e-Business segment.

Netbay Public Company (BKK:NETBAY) Headlines

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