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Phu Tai JSC (STC:PTB) Days Payable : 35.64 (As of Sep. 2024)


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What is Phu Tai JSC Days Payable?

Phu Tai JSC's average Accounts Payable for the three months ended in Sep. 2024 was ₫467,935 Mil. Phu Tai JSC's Cost of Goods Sold for the three months ended in Sep. 2024 was ₫1,198,206 Mil. Hence, Phu Tai JSC's Days Payable for the three months ended in Sep. 2024 was 35.64.

The historical rank and industry rank for Phu Tai JSC's Days Payable or its related term are showing as below:

STC:PTB' s Days Payable Range Over the Past 10 Years
Min: 30.81   Med: 36.41   Max: 41.59
Current: 35.44

During the past 6 years, Phu Tai JSC's highest Days Payable was 41.59. The lowest was 30.81. And the median was 36.41.

STC:PTB's Days Payable is ranked worse than
73.12% of 491 companies
in the Conglomerates industry
Industry Median: 57.07 vs STC:PTB: 35.44

Phu Tai JSC's Days Payable declined from Sep. 2023 (38.56) to Sep. 2024 (35.64). It may suggest that Phu Tai JSC accelerated paying its suppliers.


Phu Tai JSC Days Payable Historical Data

The historical data trend for Phu Tai JSC'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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Phu Tai JSC Days Payable Chart

Phu Tai JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 31.57 39.80 41.59 35.42 37.39

Phu Tai JSC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.56 32.74 41.23 34.91 35.64

Competitive Comparison of Phu Tai JSC's Days Payable

For the Conglomerates subindustry, Phu Tai JSC'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.


Phu Tai JSC's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Phu Tai JSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Phu Tai JSC's Days Payable falls into.



Phu Tai JSC 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.

Phu Tai JSC'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
=( (417799.408 + 499008.561) / 2 ) / 4474327.555*365
=458403.9845 / 4474327.555*365
=37.39

Phu Tai JSC's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (456590.685 + 479278.455) / 2 ) / 1198205.723*365 / 4
=467934.57 / 1198205.723*365 / 4
=35.64

* 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.


Phu Tai JSC Days Payable Related Terms

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Phu Tai JSC Business Description

Traded in Other Exchanges
N/A
Address
278 Nguyen Thi Dinh Street, Phu Tai Building, Binh Dinh Province, Quy Nhon, VNM
Phu Tai JSC is engaged in three businesses as natural stones business, the wooden furniture business, and the Toyota cars business. Its natural stones business provides natural granite and basalt-based products. Wooden business supplies furniture and indoor decorative furniture. Toyota cars business includes selling commercial and passenger vehicles.

Phu Tai JSC Headlines

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