Pan Asia Footwear PCL (BKK:PAF) Days Payable : 21.93 (As of Dec. 2023)

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What is Pan Asia Footwear PCL Days Payable?

Pan Asia Footwear PCL's average Accounts Payable for the three months ended in Dec. 2023 was ฿204 Mil. Pan Asia Footwear PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿847 Mil. Hence, Pan Asia Footwear PCL's Days Payable for the three months ended in Dec. 2023 was 21.93.

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

BKK:PAF' s Days Payable Range Over the Past 10 Years
Min: 29.65 Med: 35.85 Max: 89.64
Current: 35.66

During the past 13 years, Pan Asia Footwear PCL's highest Days Payable was 89.64. The lowest was 29.65. And the median was 35.85.

BKK:PAF's Days Payable is ranked worse than
69.46% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs BKK:PAF: 35.66

Pan Asia Footwear PCL's Days Payable increased from Dec. 2022 (21.33) to Dec. 2023 (21.93). It may suggest that Pan Asia Footwear PCL delayed paying its suppliers.

Pan Asia Footwear PCL Days Payable Historical Data

The historical data trend for Pan Asia Footwear 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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Pan Asia Footwear PCL Days Payable Chart

Pan Asia Footwear PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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29.65

33.24

37.80

49.12

33.90

Pan Asia Footwear 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															21.33	43.11	35.01	54.71	21.93

Competitive Comparison of Pan Asia Footwear PCL's Days Payable

For the Footwear & Accessories subindustry, Pan Asia Footwear 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.

Pan Asia Footwear PCL's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pan Asia Footwear PCL's Days Payable distribution charts can be found below:

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

Pan Asia Footwear 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.

Pan Asia Footwear 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
=	( (285.654	+	222.6)	/	2 )	/	2735.97	*	365
=	254.127					/	2735.97	*	365
=	33.90

Pan Asia Footwear 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
=	( (184.762	+	222.6)	/	2 )	/	847.48	*	365 / 4
=	203.681					/	847.48	*	365 / 4
=	21.93

Pan Asia Footwear PCL Days Payable Related Terms

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Pan Asia Footwear PCL (BKK:PAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pan Asia Footwear PCL (BKK:PAF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

620/5 Moo 11, Tambol Nongkharm, Aumphur Siracha, Chonburi, THA, 20230

Website

http://www.panasiafootwear.com

Pan Asia Footwear PCL is a Thailand-based company that operates in footwear and related accessories segments. The business activity of the group includes manufacturing, distribution, and exporting footwear products. Its segments are Manufacture and distribution of footwear and bag; Manufacture of soles and parts for footwear; Production support business; and Organic farming business and others. Geographically the activities of the group function through the region of Thailand. It derives a majority of the revenue from the manufacture and distribution of footwear and bag.