Samchai Steel Industries PCL (BKK:SAM) Days Payable : 40.48 (As of Dec. 2023)

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What is Samchai Steel Industries PCL Days Payable?

Samchai Steel Industries PCL's average Accounts Payable for the three months ended in Dec. 2023 was ฿647 Mil. Samchai Steel Industries PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿1,457 Mil. Hence, Samchai Steel Industries PCL's Days Payable for the three months ended in Dec. 2023 was 40.48.

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

BKK:SAM' s Days Payable Range Over the Past 10 Years
Min: 15.95 Med: 29.16 Max: 46.48
Current: 39.03

During the past 13 years, Samchai Steel Industries PCL's highest Days Payable was 46.48. The lowest was 15.95. And the median was 29.16.

BKK:SAM's Days Payable is ranked worse than
52.32% of 583 companies
in the Steel industry
Industry Median: 41.6 vs BKK:SAM: 39.03

Samchai Steel Industries PCL's Days Payable increased from Dec. 2022 (27.12) to Dec. 2023 (40.48). It may suggest that Samchai Steel Industries PCL delayed paying its suppliers.

Samchai Steel Industries PCL Days Payable Historical Data

The historical data trend for Samchai Steel 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.

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Samchai Steel Industries PCL Days Payable Chart

Samchai Steel Industries PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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32.72

42.45

28.06

22.17

30.26

Samchai Steel Industries 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															27.12	30.86	48.21	45.69	40.48

Competitive Comparison of Samchai Steel Industries PCL's Days Payable

For the Steel subindustry, Samchai Steel 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.

Samchai Steel Industries PCL's Days Payable Distribution in the Steel Industry

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

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

Samchai Steel 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.

Samchai Steel 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
=	( (309.409	+	643.245)	/	2 )	/	5745.786	*	365
=	476.327					/	5745.786	*	365
=	30.26

Samchai Steel Industries 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
=	( (649.946	+	643.245)	/	2 )	/	1457.479	*	365 / 4
=	646.5955					/	1457.479	*	365 / 4
=	40.48

Samchai Steel Industries PCL Days Payable Related Terms

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Samchai Steel Industries PCL (BKK:SAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Samchai Steel Industries PCL (BKK:SAM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

75/14, 75/17, 85 Soi Wat Sopanaram, Ekkachai Road, Tumbol Kokkham, Amphur Muang, Samutsakorn, THA, 74000

Website

https://www.samchaisteel.com

Samchai Steel Industries PCL is engaged in manufacturing and selling of steel pipes and tubes. The products of the company are categorized as black steel pipe, galvanized steel pipes, structural steel pipes, furniture pipes, hot rolled steel plates and sheets. It offers steel pipes for the use in construction and furniture industries. Geographically, it operates in Thailand and overseas markets. The company generates majority of its revenue from Thailand.