STP&I PCL (BKK:STPI) Days Payable : 66.09 (As of Mar. 2024)

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What is STP&I PCL Days Payable?

STP&I PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿691 Mil. STP&I PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿955 Mil. Hence, STP&I PCL's Days Payable for the three months ended in Mar. 2024 was 66.09.

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

BKK:STPI' s Days Payable Range Over the Past 10 Years
Min: 31.88 Med: 42.19 Max: 209.84
Current: 49.8

During the past 13 years, STP&I PCL's highest Days Payable was 209.84. The lowest was 31.88. And the median was 42.19.

BKK:STPI's Days Payable is ranked worse than
69.89% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs BKK:STPI: 49.80

STP&I PCL's Days Payable increased from Mar. 2023 (37.22) to Mar. 2024 (66.09). It may suggest that STP&I PCL delayed paying its suppliers.

STP&I PCL Days Payable Historical Data

The historical data trend for STP&I 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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STP&I PCL Days Payable Chart

STP&I PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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133.38

36.24

38.62

31.88

41.53

STP&I 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															37.22	38.30	35.72	41.49	66.09

Competitive Comparison of STP&I PCL's Days Payable

For the Metal Fabrication subindustry, STP&I 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.

STP&I PCL's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, STP&I PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where STP&I PCL's Days Payable falls into.

STP&I 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.

STP&I 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
=	( (349.673	+	423.366)	/	2 )	/	3397.044	*	365
=	386.5195					/	3397.044	*	365
=	41.53

STP&I 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
=	( (423.366	+	959.532)	/	2 )	/	954.639	*	365 / 4
=	691.449					/	954.639	*	365 / 4
=	66.09

STP&I PCL Days Payable Related Terms

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STP&I PCL (BKK:STPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » STP&I PCL (BKK:STPI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sukhumvit 21 Road (Asoke), 32/24, 3rd Floor, Sino-Thai Tower, Kwaeng Klongtoey Nua, Khet Wattana, Bangkok, THA, 10110

Website

https://www.stpi.co.th

STP&I PCL is engaged in steel fabrication work, and the manufacture of boilers and pressure vessels. Its products include Steel structure, Piping, Module providing services to engineering, fabrication and construction sectors. The company operates in six reportable segments namely, the fabrication work for construction and industrial purpose, sale of construction machines, and servicing of machinery and maintenance, sale of electricity, rental of property, operation of community automated gas stations and production and distribution of hemp products. It has a business presence in Thailand, Spain, Japan, England, Sri Lanka and other countries, of which a majority of revenue is derived from Thailand.

STP&I PCL (BKK:STPI) Headlines

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