Vanachai Group PCL (BKK:VNG) Days Payable : 12.09 (As of Dec. 2023)

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What is Vanachai Group PCL Days Payable?

Vanachai Group PCL's average Accounts Payable for the three months ended in Dec. 2023 was ฿414 Mil. Vanachai Group PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿3,127 Mil. Hence, Vanachai Group PCL's Days Payable for the three months ended in Dec. 2023 was 12.09.

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

BKK:VNG' s Days Payable Range Over the Past 10 Years
Min: 9.55 Med: 19.8 Max: 22.6
Current: 12.93

During the past 13 years, Vanachai Group PCL's highest Days Payable was 22.60. The lowest was 9.55. And the median was 19.80.

BKK:VNG's Days Payable is ranked worse than
95% of 280 companies
in the Forest Products industry
Industry Median: 57.025 vs BKK:VNG: 12.93

Vanachai Group PCL's Days Payable declined from Dec. 2022 (14.68) to Dec. 2023 (12.09). It may suggest that Vanachai Group PCL accelerated paying its suppliers.

Vanachai Group PCL Days Payable Historical Data

The historical data trend for Vanachai Group 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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Vanachai Group PCL Days Payable Chart

Vanachai Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

19.58

21.54

17.04

13.90

9.55

Vanachai Group 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															14.68	11.05	15.74	17.48	12.09

Competitive Comparison of Vanachai Group PCL's Days Payable

For the Lumber & Wood Production subindustry, Vanachai Group 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.

Vanachai Group PCL's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Vanachai Group PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Vanachai Group PCL's Days Payable falls into.

Vanachai Group 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.

Vanachai Group 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
=	( (278.341	+	340.035)	/	2 )	/	11822.251	*	365
=	309.188					/	11822.251	*	365
=	9.55

Vanachai Group 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
=	( (488.292	+	340.035)	/	2 )	/	3126.607	*	365 / 4
=	414.1635					/	3126.607	*	365 / 4
=	12.09

Vanachai Group PCL Days Payable Related Terms

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Vanachai Group PCL (BKK:VNG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Vanachai Group PCL (BKK:VNG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2/1 Wongsawang Road, Wongsawang, Bangsue, Bangkok, THA, 10800

Website

https://www.vanachai.com

Vanachai Group PCL is a building materials company that manufactures and distributes wood-based products. The company's primary products include board panels, particle boards, and wood substitutes. The company creates wood-based goods such as particleboards, medium density fiberboards (MDF boards), Doorskin and melamine laminated particleboards, which are distributed to both domestic and international markets. Vanachai also sells finished products that include melamine doors, door frames, resins, formaldehyde adhesives, and finished flooring. The company generates the vast majority of its revenue in Thailand.