STC Concrete Product (BKK:STC) Days Payable : 89.26 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is STC Concrete Product Days Payable?

STC Concrete Product's average Accounts Payable for the three months ended in Mar. 2024 was ฿87.3 Mil. STC Concrete Product's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿89.3 Mil. Hence, STC Concrete Product's Days Payable for the three months ended in Mar. 2024 was 89.26.

The historical rank and industry rank for STC Concrete Product's Days Payable or its related term are showing as below:

BKK:STC' s Days Payable Range Over the Past 10 Years
Min: 66.04 Med: 72.9 Max: 92.05
Current: 80.06

During the past 7 years, STC Concrete Product's highest Days Payable was 92.05. The lowest was 66.04. And the median was 72.90.

BKK:STC's Days Payable is ranked better than
59.03% of 371 companies
in the Building Materials industry
Industry Median: 66.44 vs BKK:STC: 80.06

STC Concrete Product's Days Payable increased from Mar. 2023 (75.12) to Mar. 2024 (89.26). It may suggest that STC Concrete Product delayed paying its suppliers.

STC Concrete Product Days Payable Historical Data

The historical data trend for STC Concrete Product'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.

STC Concrete Product Days Payable Chart

STC Concrete Product Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

92.05

79.03

66.14

66.04

72.90

STC Concrete Product 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															75.12	76.08	84.45	84.36	89.26

Competitive Comparison of STC Concrete Product's Days Payable

For the Building Materials subindustry, STC Concrete Product'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.

STC Concrete Product's Days Payable Distribution in the Building Materials Industry

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

* The bar in red indicates where STC Concrete Product's Days Payable falls into.

STC Concrete Product 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.

STC Concrete Product'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
=	( (63.075	+	95.474)	/	2 )	/	396.943	*	365
=	79.2745					/	396.943	*	365
=	72.90

STC Concrete Product'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
=	( (95.474	+	79.133)	/	2 )	/	89.251	*	365 / 4
=	87.3035					/	89.251	*	365 / 4
=	89.26

STC Concrete Product Days Payable Related Terms

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

STC Concrete Product (BKK:STC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » STC Concrete Product PLC (BKK:STC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

220/26 Moo 6, Sukhumvit Road, Nakluea Subdistrict, Banglamung District, Chonburi Province, Pattaya, THA, 20150

Website

https://www.stc.co.th

STC Concrete Product PLC is engaged in the production and distribution of precast concrete products under the trademark STC CONCRETE. Its products portfolio includes ready mixed concrete, concrete drainage pipes, precast concrete slabs, prestressed concrete pile, lightweight gray brick block, and prefabricated fence panels. The company operates in only one reportable segment that is manufacture and sales of ready-mixed concrete and aggregate and the single geographical area of its operations in Thailand.