Sirakorn PCL (BKK:SK) Days Payable : 31.82 (As of Mar. 2024)

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What is Sirakorn PCL Days Payable?

Sirakorn PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿44.6 Mil. Sirakorn PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿127.8 Mil. Hence, Sirakorn PCL's Days Payable for the three months ended in Mar. 2024 was 31.82.

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

BKK:SK' s Days Payable Range Over the Past 10 Years
Min: 31.7 Med: 34.39 Max: 41.13
Current: 36.36

During the past 7 years, Sirakorn PCL's highest Days Payable was 41.13. The lowest was 31.70. And the median was 34.39.

BKK:SK's Days Payable is ranked worse than
79.51% of 371 companies
in the Building Materials industry
Industry Median: 66.44 vs BKK:SK: 36.36

Sirakorn PCL's Days Payable declined from Mar. 2023 (49.17) to Mar. 2024 (31.82). It may suggest that Sirakorn PCL accelerated paying its suppliers.

Sirakorn PCL Days Payable Historical Data

The historical data trend for Sirakorn 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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Sirakorn PCL Days Payable Chart

Sirakorn PCL Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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34.67

41.13

33.49

34.10

35.23

Sirakorn PCL Quarterly Data
	Dec18	Jun19	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															49.17	53.87	41.71	27.75	31.82

Competitive Comparison of Sirakorn PCL's Days Payable

For the Building Materials subindustry, Sirakorn 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.

Sirakorn PCL's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Sirakorn PCL's Days Payable distribution charts can be found below:

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

Sirakorn 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.

Sirakorn 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
=	( (54.287	+	48.346)	/	2 )	/	531.635	*	365
=	51.3165					/	531.635	*	365
=	35.23

Sirakorn 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
=	( (48.346	+	40.771)	/	2 )	/	127.791	*	365 / 4
=	44.5585					/	127.791	*	365 / 4
=	31.82

Sirakorn PCL Days Payable Related Terms

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Sirakorn PCL (BKK:SK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Sirakorn PCL (BKK:SK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

53/35 Moo 8, Tumbol Bang Krang, Amphur Muang Nonthaburi, Bangkrang Sub-district, Nonthaburi, THA, 11000

Website

https://www.sirakorn.co.th

Sirakorn PCL is engaged in the business of manufacturing and distribution of concrete products and construction work services. Its product portfolio includes Concrete, Prestressed Concrete Pile and Prestressed Concrete Bridge Girder, Section Prestressed Concrete Pile, Solid Square Prestressed Concrete Pile among others. The company derives a vast majority of its revenues from the sales of concrete products.

Sirakorn PCL (BKK:SK) Headlines

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