BT Wealth Industries Public Company (BKK:BTW) Days Payable : 219.66 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is BT Wealth Industries Public Company Days Payable?

BT Wealth Industries Public Company's average Accounts Payable for the three months ended in Mar. 2024 was ฿178.5 Mil. BT Wealth Industries Public Company's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿74.2 Mil. Hence, BT Wealth Industries Public Company's Days Payable for the three months ended in Mar. 2024 was 219.66.

The historical rank and industry rank for BT Wealth Industries Public Company's Days Payable or its related term are showing as below:

BKK:BTW' s Days Payable Range Over the Past 10 Years
Min: 30.95 Med: 43.03 Max: 88.55
Current: 88.55

During the past 10 years, BT Wealth Industries Public Company's highest Days Payable was 88.55. The lowest was 30.95. And the median was 43.03.

BKK:BTW's Days Payable is ranked better than
57.25% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs BKK:BTW: 88.55

BT Wealth Industries Public Company's Days Payable increased from Mar. 2023 (67.31) to Mar. 2024 (219.66). It may suggest that BT Wealth Industries Public Company delayed paying its suppliers.

BT Wealth Industries Public Company Days Payable Historical Data

The historical data trend for BT Wealth Industries Public Company'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.

BT Wealth Industries Public Company Days Payable Chart

BT Wealth Industries Public Company Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

30.95

40.37

33.17

33.68

72.87

BT Wealth Industries Public Company 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															67.31	56.15	126.65	68.38	219.66

Competitive Comparison of BT Wealth Industries Public Company's Days Payable

For the Metal Fabrication subindustry, BT Wealth Industries Public Company'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.

BT Wealth Industries Public Company's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, BT Wealth Industries Public Company's Days Payable distribution charts can be found below:

* The bar in red indicates where BT Wealth Industries Public Company's Days Payable falls into.

BT Wealth Industries Public Company 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.

BT Wealth Industries Public Company'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
=	( (275.729	+	157.041)	/	2 )	/	1083.901	*	365
=	216.385					/	1083.901	*	365
=	72.87

BT Wealth Industries Public Company'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
=	( (157.041	+	199.966)	/	2 )	/	74.152	*	365 / 4
=	178.5035					/	74.152	*	365 / 4
=	219.66

BT Wealth Industries Public Company Days Payable Related Terms

Thank you for viewing the detailed overview of BT Wealth Industries Public Company's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

BT Wealth Industries Public Company (BKK:BTW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » BT Wealth Industries Public Company Ltd (BKK:BTW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ramkhamhaeng Road, 593/3 Soi Ramkhamhaeng 39 (Thep Leela 1), Wangthonglang, Bangkok, THA, 10310

Website

http://www.btwealthindustries.com

BT Wealth Industries Public Company Ltd is principally engaged in the rental of assets. The company through its subsidiary is engaged in steel fabrication business for project construction in various heavy industries, such as mining, natural gas and petroleum, and power, in both domestic and international sites. The steel fabrication products include Modularization and Parts Fabrication. The installation and construction business serve the Engineering Procurement and Construction contractors or project owners. It also engages in the production of renewable energy. In addition, it provides equipment and facility rental to fabricators and constructor.

BT Wealth Industries Public Company (BKK:BTW) Headlines

No Headlines