Earth Tech Environment PCL (BKK:ETC) Days Payable : 76.54 (As of Dec. 2023)

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What is Earth Tech Environment PCL Days Payable?

Earth Tech Environment PCL's average Accounts Payable for the three months ended in Dec. 2023 was ฿99.9 Mil. Earth Tech Environment PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿119.1 Mil. Hence, Earth Tech Environment PCL's Days Payable for the three months ended in Dec. 2023 was 76.54.

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

BKK:ETC' s Days Payable Range Over the Past 10 Years
Min: 37.54 Med: 76.97 Max: 306.04
Current: 81.66

During the past 6 years, Earth Tech Environment PCL's highest Days Payable was 306.04. The lowest was 37.54. And the median was 76.97.

BKK:ETC's Days Payable is ranked better than
51.16% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.06 vs BKK:ETC: 81.66

Earth Tech Environment PCL's Days Payable declined from Dec. 2022 (82.20) to Dec. 2023 (76.54). It may suggest that Earth Tech Environment PCL accelerated paying its suppliers.

Earth Tech Environment PCL Days Payable Historical Data

The historical data trend for Earth Tech Environment 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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Earth Tech Environment PCL Days Payable Chart

Earth Tech Environment PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

141.25

37.54

62.93

78.40

75.53

Earth Tech Environment PCL Quarterly Data
	Dec18	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															82.20	80.19	88.98	87.32	76.54

Competitive Comparison of Earth Tech Environment PCL's Days Payable

For the Utilities - Renewable subindustry, Earth Tech Environment 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.

Earth Tech Environment PCL's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Earth Tech Environment PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Earth Tech Environment PCL's Days Payable falls into.

Earth Tech Environment 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.

Earth Tech Environment 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
=	( (111.882	+	89.242)	/	2 )	/	485.984	*	365
=	100.562					/	485.984	*	365
=	75.53

Earth Tech Environment 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
=	( (110.477	+	89.242)	/	2 )	/	119.056	*	365 / 4
=	99.8595					/	119.056	*	365 / 4
=	76.54

Earth Tech Environment PCL Days Payable Related Terms

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Earth Tech Environment PCL (BKK:ETC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Earth Tech Environment PCL (BKK:ETC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

88, 88/1, Moo. 1, Ban That Subdistrict, Kaeng Khoi District, Saraburi, Bangkok, THA

Website

https://www.etcenvi.com

Earth Tech Environment PCL is a service provider for the production and distribution of electricity. The company produces and distributes electricity from the first non-hazardous industrial materials in Thailand by using sewage or unused materials to process as fuel to produce electricity. It also provides an air quality control system, water management system, and community involvement. The company's segment includes Power business and Construction. It generates maximum revenue from the Power business segment.

Earth Tech Environment PCL (BKK:ETC) Headlines

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