Chaopraya Mahanakorn PCL (BKK:CMC) Days Payable : 59.11 (As of Mar. 2024)

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What is Chaopraya Mahanakorn PCL Days Payable?

Chaopraya Mahanakorn PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿195 Mil. Chaopraya Mahanakorn PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿302 Mil. Hence, Chaopraya Mahanakorn PCL's Days Payable for the three months ended in Mar. 2024 was 59.11.

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

BKK:CMC' s Days Payable Range Over the Past 10 Years
Min: 38.24 Med: 67.57 Max: 89.69
Current: 70.01

During the past 12 years, Chaopraya Mahanakorn PCL's highest Days Payable was 89.69. The lowest was 38.24. And the median was 67.57.

BKK:CMC's Days Payable is ranked worse than
60.27% of 1578 companies
in the Real Estate industry
Industry Median: 100.22 vs BKK:CMC: 70.01

Chaopraya Mahanakorn PCL's Days Payable declined from Mar. 2023 (90.20) to Mar. 2024 (59.11). It may suggest that Chaopraya Mahanakorn PCL accelerated paying its suppliers.

Chaopraya Mahanakorn PCL Days Payable Historical Data

The historical data trend for Chaopraya Mahanakorn 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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Chaopraya Mahanakorn PCL Days Payable Chart

Chaopraya Mahanakorn PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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66.97

89.69

68.17

58.24

69.13

Chaopraya Mahanakorn PCL 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															90.20	159.09	48.75	72.44	59.11

Competitive Comparison of Chaopraya Mahanakorn PCL's Days Payable

For the Real Estate - Diversified subindustry, Chaopraya Mahanakorn 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.

Chaopraya Mahanakorn PCL's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Chaopraya Mahanakorn PCL's Days Payable distribution charts can be found below:

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

Chaopraya Mahanakorn 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.

Chaopraya Mahanakorn 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
=	( (163.903	+	208.906)	/	2 )	/	984.205	*	365
=	186.4045					/	984.205	*	365
=	69.13

Chaopraya Mahanakorn 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
=	( (208.906	+	181.756)	/	2 )	/	301.549	*	365 / 4
=	195.331					/	301.549	*	365 / 4
=	59.11

Chaopraya Mahanakorn PCL Days Payable Related Terms

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Chaopraya Mahanakorn PCL (BKK:CMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Chaopraya Mahanakorn PCL (BKK:CMC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Somdet Phrachao Taksin Road, No. 909/1, CMC Tower Building, Floor 6, Room 601-602, Dao Khanong Subdistrict, Thon Buri District, Bangkok, THA, 10600

Website

https://www.cmc.co.th

Chaopraya Mahanakorn PCL is a real estate development company. Its operating segment is real estate development for sales, construction, and Other businesses. It generates a majority of its revenue from the real estate development for the sales segment.