Panjawattana Plastic PCL (BKK:PJW) Days Payable : 51.54 (As of Mar. 2024)

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What is Panjawattana Plastic PCL Days Payable?

Panjawattana Plastic PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿431 Mil. Panjawattana Plastic PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿763 Mil. Hence, Panjawattana Plastic PCL's Days Payable for the three months ended in Mar. 2024 was 51.54.

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

BKK:PJW' s Days Payable Range Over the Past 10 Years
Min: 46.06 Med: 53.37 Max: 66.75
Current: 56.28

During the past 13 years, Panjawattana Plastic PCL's highest Days Payable was 66.75. The lowest was 46.06. And the median was 53.37.

BKK:PJW's Days Payable is ranked worse than
52.7% of 370 companies
in the Packaging & Containers industry
Industry Median: 58.225 vs BKK:PJW: 56.28

Panjawattana Plastic PCL's Days Payable increased from Mar. 2023 (47.95) to Mar. 2024 (51.54). It may suggest that Panjawattana Plastic PCL delayed paying its suppliers.

Panjawattana Plastic PCL Days Payable Historical Data

The historical data trend for Panjawattana Plastic 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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Panjawattana Plastic PCL Days Payable Chart

Panjawattana Plastic PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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49.91

49.70

48.56

46.06

50.45

Panjawattana Plastic 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															47.95	55.13	62.34	54.39	51.54

Competitive Comparison of Panjawattana Plastic PCL's Days Payable

For the Packaging & Containers subindustry, Panjawattana Plastic 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.

Panjawattana Plastic PCL's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Panjawattana Plastic PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Panjawattana Plastic PCL's Days Payable falls into.

Panjawattana Plastic 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.

Panjawattana Plastic 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
=	( (373.67	+	396.08)	/	2 )	/	2784.582	*	365
=	384.875					/	2784.582	*	365
=	50.45

Panjawattana Plastic 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
=	( (396.08	+	465.624)	/	2 )	/	762.876	*	365 / 4
=	430.852					/	762.876	*	365 / 4
=	51.54

Panjawattana Plastic PCL Days Payable Related Terms

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Panjawattana Plastic PCL (BKK:PJW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Panjawattana Plastic PCL (BKK:PJW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ekachai Road, No. 19 and 21 Soi Ekachai 63, Kwang Klong Bangbon, Khet Bangbon, Bangkok, THA, 10150

Website

https://www.pjw.co.th

Panjawattana Plastic PCL is engaged in manufacturing and distribution of packaging for consumer product, agro chemical, automotive parts and materials from plastic imitation. The company operates its business through the following segments, Samuthsakhon Plant, Chonburi Plant, Bangkok Plant, Jiangsu Plant, Tianjin Plant, Service and the Business trading segment.

Panjawattana Plastic PCL (BKK:PJW) Headlines

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