Nirvana Development PCL (BKK:NVD) Days Payable : 272.06 (As of Mar. 2024)

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What is Nirvana Development PCL Days Payable?

Nirvana Development PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿551 Mil. Nirvana Development PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿185 Mil. Hence, Nirvana Development PCL's Days Payable for the three months ended in Mar. 2024 was 272.06.

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

BKK:NVD' s Days Payable Range Over the Past 10 Years
Min: 41.99 Med: 80.22 Max: 151.3
Current: 151.3

During the past 10 years, Nirvana Development PCL's highest Days Payable was 151.30. The lowest was 41.99. And the median was 80.22.

BKK:NVD's Days Payable is ranked better than
62.72% of 1580 companies
in the Real Estate industry
Industry Median: 99.26 vs BKK:NVD: 151.30

Nirvana Development PCL's Days Payable increased from Mar. 2023 (99.15) to Mar. 2024 (272.06). It may suggest that Nirvana Development PCL delayed paying its suppliers.

Nirvana Development PCL Days Payable Historical Data

The historical data trend for Nirvana Development 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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Nirvana Development PCL Days Payable Chart

Nirvana Development PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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85.24

77.01

41.99

46.26

109.15

Nirvana Development 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															99.15	126.28	129.52	142.01	272.06

Competitive Comparison of Nirvana Development PCL's Days Payable

For the Real Estate Services subindustry, Nirvana Development 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.

Nirvana Development PCL's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Nirvana Development PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Nirvana Development PCL's Days Payable falls into.

Nirvana Development 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.

Nirvana Development 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
=	( (258.754	+	566.738)	/	2 )	/	1380.219	*	365
=	412.746					/	1380.219	*	365
=	109.15

Nirvana Development 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
=	( (566.738	+	534.819)	/	2 )	/	184.733	*	365 / 4
=	550.7785					/	184.733	*	365 / 4
=	272.06

Nirvana Development PCL Days Payable Related Terms

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Nirvana Development PCL (BKK:NVD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Nirvana Development PCL (BKK:NVD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

343/351 Prasert Manukit Road, Nuanchan Sub-district, Buengkum District, Bangkok, THA, 10230

Website

https://www.nirvanadevelopment.co.th

Nirvana Development PCL is engaged in the development of real estate for sale, construction services, and distribution of precast concrete products in Thailand. The operating business segments of the company are Real estate, Construction Services, and Others. The Real estate segment generates the majority of the revenue for the company.