News Network PCL (BKK:NEWS) Days Payable : 11.24 (As of Dec. 2023)

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What is News Network PCL Days Payable?

News Network PCL's average Accounts Payable for the three months ended in Dec. 2023 was ฿5.22 Mil. News Network PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿42.40 Mil. Hence, News Network PCL's Days Payable for the three months ended in Dec. 2023 was 11.24.

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

BKK:NEWS' s Days Payable Range Over the Past 10 Years
Min: 13.81 Med: 100.27 Max: 356148.75
Current: 13.81

During the past 13 years, News Network PCL's highest Days Payable was 356148.75. The lowest was 13.81. And the median was 100.27.

BKK:NEWS's Days Payable is ranked worse than
87.45% of 2526 companies
in the Software industry
Industry Median: 50.42 vs BKK:NEWS: 13.81

News Network PCL's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (11.24). It may suggest that News Network PCL delayed paying its suppliers.

News Network PCL Days Payable Historical Data

The historical data trend for News Network 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.

News Network PCL Days Payable Chart

News Network PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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142.64

148.68

356,148.75

10,270.31

19.26

News Network PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															-	-	7.70	10.01	11.24

Competitive Comparison of News Network PCL's Days Payable

For the Software - Application subindustry, News Network 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.

News Network PCL's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where News Network PCL's Days Payable falls into.

News Network 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.

News Network 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
=	( (0	+	5.964)	/	1 )	/	113.054	*	365
=	5.964					/	113.054	*	365
=	19.26

News Network 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (4.484	+	5.964)	/	2 )	/	42.401	*	365 / 4
=	5.224					/	42.401	*	365 / 4
=	11.24

News Network PCL Days Payable Related Terms

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News Network PCL (BKK:NEWS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » News Network Corp PCL (BKK:NEWS) » Definitions » Days Payable

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NEWS-F:Thailand

Address

Rama 4 Road, 944 Mitrtown Office Tower, 28th Floor, Units 2807-2810, Wangmai, Pathumwan, Bangkok, THA, 10330

Website

https://www.newsnetwork.co.th

News Network Corp PCL engages in the business activities of the securities business and the main business of the Company is the distribution, installation and development of software information systems, providing consultation and development of information technology system integrators, including computer network systems, acquisition of hardware and software development. The company operates in two segments information technology and Securities. The majority of revenue is derived from the information technology segment.

News Network PCL (BKK:NEWS) Headlines

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