Premier Quality Starch PCL (BKK:PQS) Days Payable : 2.03 (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Premier Quality Starch PCL Days Payable?

Premier Quality Starch PCL's average Accounts Payable for the three months ended in Sep. 2023 was ฿10 Mil. Premier Quality Starch PCL's Cost of Goods Sold for the three months ended in Sep. 2023 was ฿434 Mil. Hence, Premier Quality Starch PCL's Days Payable for the three months ended in Sep. 2023 was 2.03.

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

BKK:PQS' s Days Payable Range Over the Past 10 Years
Min: 1.13 Med: 1.53 Max: 2.53
Current: 2.53

During the past 2 years, Premier Quality Starch PCL's highest Days Payable was 2.53. The lowest was 1.13. And the median was 1.53.

BKK:PQS's Days Payable is ranked worse than
99.38% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 46.35 vs BKK:PQS: 2.53

Premier Quality Starch PCL's Days Payable increased from Jun. 2022 (0.00) to Sep. 2023 (2.03). It may suggest that Premier Quality Starch PCL delayed paying its suppliers.

Premier Quality Starch PCL Days Payable Historical Data

The historical data trend for Premier Quality Starch 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.

* Premium members only.

Premier Quality Starch PCL Days Payable Chart

Premier Quality Starch PCL Annual Data

Trend

Dec20

Dec21

Days Payable

1.92

1.13

Premier Quality Starch PCL Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial			-	-	1.50	2.46	2.03

Competitive Comparison of Premier Quality Starch PCL's Days Payable

For the Farm Products subindustry, Premier Quality Starch 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.

Premier Quality Starch PCL's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Premier Quality Starch PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Premier Quality Starch PCL's Days Payable falls into.

Premier Quality Starch 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.

Premier Quality Starch PCL's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (5.519	+	4.75)	/	2 )	/	1661.358	*	365
=	5.1345					/	1661.358	*	365
=	1.13

Premier Quality Starch PCL's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (6.467	+	12.868)	/	2 )	/	433.947	*	365 / 4
=	9.6675					/	433.947	*	365 / 4
=	2.03

Premier Quality Starch PCL Days Payable Related Terms

Thank you for viewing the detailed overview of Premier Quality Starch PCL's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Premier Quality Starch PCL (BKK:PQS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Premier Quality Starch PCL (BKK:PQS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

185 Moo 14, Kham Pa Lai, Mueang Mukdahan, Mukdahan, THA, 49000

Website

https://www.pqstarch.com

Premier Quality Starch PCL is engaged in the manufacturing and distribution of native starch, modified starch, and all kind of processed starch. The company is also engaged in The production and distribution of electricity generated from biogas and rooftop solar power. The majority of revenue is derived from the Production and distribution of tapioca starch.

Premier Quality Starch PCL (BKK:PQS) Headlines

No Headlines