Star Money PCL (BKK:SM) Days Payable : 41.80 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Star Money PCL Days Payable?

Star Money PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿90 Mil. Star Money PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿198 Mil. Hence, Star Money PCL's Days Payable for the three months ended in Mar. 2024 was 41.80.

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

BKK:SM' s Days Payable Range Over the Past 10 Years
Min: 24.84 Med: 27.53 Max: 42.87
Current: 42.87

During the past 4 years, Star Money PCL's highest Days Payable was 42.87. The lowest was 24.84. And the median was 27.53.

BKK:SM's Days Payable is ranked worse than
54.77% of 283 companies
in the Credit Services industry
Industry Median: 48.78 vs BKK:SM: 42.87

Star Money PCL's Days Payable declined from Mar. 2023 (43.52) to Mar. 2024 (41.80). It may suggest that Star Money PCL accelerated paying its suppliers.

Star Money PCL Days Payable Historical Data

The historical data trend for Star Money 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.

Star Money PCL Days Payable Chart

Star Money PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

32.88

26.25

24.84

28.81

Star Money PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial							43.52	41.43	45.61	32.35	41.80

Competitive Comparison of Star Money PCL's Days Payable

For the Credit Services subindustry, Star Money 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.

Star Money PCL's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Star Money PCL's Days Payable distribution charts can be found below:

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

Star Money 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.

Star Money 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
=	( (58.901	+	57.079)	/	2 )	/	734.633	*	365
=	57.99					/	734.633	*	365
=	28.81

Star Money 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
=	( (57.079	+	123.893)	/	2 )	/	197.523	*	365 / 4
=	90.486					/	197.523	*	365 / 4
=	41.80

Star Money PCL Days Payable Related Terms

Thank you for viewing the detailed overview of Star Money PCL's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Star Money PCL (BKK:SM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Star Money PCL (BKK:SM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

204/1-8 Sukhumwit Road, Thang Kwian Sub district, Klaeng District, Rayong, THA, 21110

Website

https://www.starmoney.co.th

Star Money PCL is an electrical appliance distributor of all sizes and a credit provider with mortgage securities in various types: a loan for a car, motorcycle, bus, truck, and agricultural vehicle and a home loan or land loan. it has four reportable segments as follows: Sales, Hire purchase, Lending business, and Others. The majority of its revenue is derived from the Sales segment.