Rayong Wire Industries PCL (BKK:RWI) Days Payable : 13.54 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Rayong Wire Industries PCL Days Payable?

Rayong Wire Industries PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿19.8 Mil. Rayong Wire Industries PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿133.5 Mil. Hence, Rayong Wire Industries PCL's Days Payable for the three months ended in Mar. 2024 was 13.54.

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

BKK:RWI' s Days Payable Range Over the Past 10 Years
Min: 0.74 Med: 14.39 Max: 26.19
Current: 13.93

During the past 11 years, Rayong Wire Industries PCL's highest Days Payable was 26.19. The lowest was 0.74. And the median was 14.39.

BKK:RWI's Days Payable is ranked worse than
86.84% of 585 companies
in the Steel industry
Industry Median: 41.54 vs BKK:RWI: 13.93

Rayong Wire Industries PCL's Days Payable increased from Mar. 2023 (5.56) to Mar. 2024 (13.54). It may suggest that Rayong Wire Industries PCL delayed paying its suppliers.

Rayong Wire Industries PCL Days Payable Historical Data

The historical data trend for Rayong Wire Industries 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.

Rayong Wire Industries PCL Days Payable Chart

Rayong Wire Industries PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

18.19

12.16

13.74

5.89

0.74

Rayong Wire Industries 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															5.56	11.88	13.49	13.09	13.54

Competitive Comparison of Rayong Wire Industries PCL's Days Payable

For the Steel subindustry, Rayong Wire Industries 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.

Rayong Wire Industries PCL's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rayong Wire Industries PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Rayong Wire Industries PCL's Days Payable falls into.

Rayong Wire Industries 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.

Rayong Wire Industries 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
=	( (1.433	+	1.505)	/	2 )	/	723.474	*	365
=	1.469					/	723.474	*	365
=	0.74

Rayong Wire Industries 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
=	( (1.505	+	38.14)	/	2 )	/	133.549	*	365 / 4
=	19.8225					/	133.549	*	365 / 4
=	13.54

Rayong Wire Industries PCL Days Payable Related Terms

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

Rayong Wire Industries PCL (BKK:RWI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Rayong Wire Industries PCL (BKK:RWI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, I-5 Road, Maptapud Industrial Estate, Maptapud, Muang, Rayong, Rayong, THA, 21150

Website

http://www.rwi.co.th/new2018

Rayong Wire Industries PCL is a manufacturer of steel wire and mesh. The company manufactures and distributes prestressed wire, prestressed concrete strand wire and welding wire. The company operates in Thailand.

Rayong Wire Industries PCL (BKK:RWI) Headlines

No Headlines