Asia Hotel PCL (BKK:ASIA) Days Payable : 13.09 (As of Dec. 2023)

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What is Asia Hotel PCL Days Payable?

Asia Hotel PCL's average Accounts Payable for the three months ended in Dec. 2023 was ฿31 Mil. Asia Hotel PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿213 Mil. Hence, Asia Hotel PCL's Days Payable for the three months ended in Dec. 2023 was 13.09.

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

BKK:ASIA' s Days Payable Range Over the Past 10 Years
Min: 12.52 Med: 15.44 Max: 20.93
Current: 12.68

During the past 13 years, Asia Hotel PCL's highest Days Payable was 20.93. The lowest was 12.52. And the median was 15.44.

BKK:ASIA's Days Payable is ranked worse than
91.64% of 754 companies
in the Travel & Leisure industry
Industry Median: 58.165 vs BKK:ASIA: 12.68

Asia Hotel PCL's Days Payable declined from Dec. 2022 (13.49) to Dec. 2023 (13.09). It may suggest that Asia Hotel PCL accelerated paying its suppliers.

Asia Hotel PCL Days Payable Historical Data

The historical data trend for Asia Hotel 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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Asia Hotel PCL Days Payable Chart

Asia Hotel PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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15.32

20.93

18.72

13.80

12.52

Asia Hotel PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															13.49	12.83	12.69	12.28	13.09

Competitive Comparison of Asia Hotel PCL's Days Payable

For the Lodging subindustry, Asia Hotel 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.

Asia Hotel PCL's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Asia Hotel PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Asia Hotel PCL's Days Payable falls into.

Asia Hotel 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.

Asia Hotel 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
=	( (29.847	+	30.298)	/	2 )	/	876.527	*	365
=	30.0725					/	876.527	*	365
=	12.52

Asia Hotel PCL's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (30.782	+	30.298)	/	2 )	/	212.818	*	365 / 4
=	30.54					/	212.818	*	365 / 4
=	13.09

Asia Hotel PCL Days Payable Related Terms

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Asia Hotel PCL (BKK:ASIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Asia Hotel PCL (BKK:ASIA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

296 Phayathai Road, Phaya Thai, Rajathevee, Bangkok, THA

Website

http://www.asiahotel.co.th

Asia Hotel PCL is a Thailand-based company engaged in hotel and restaurant operations. The company operates three business segments: The room segment, the Food And Beverages segment, and the Rental And Services segment. It generates a majority of its revenue from the Rooms segment.

Asia Hotel PCL (BKK:ASIA) Headlines

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