Workpoint Entertainment PCL (BKK:WORK) Days Payable : 34.28 (As of Mar. 2024)

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What is Workpoint Entertainment PCL Days Payable?

Workpoint Entertainment PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿162 Mil. Workpoint Entertainment PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿431 Mil. Hence, Workpoint Entertainment PCL's Days Payable for the three months ended in Mar. 2024 was 34.28.

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

BKK:WORK' s Days Payable Range Over the Past 10 Years
Min: 25.07 Med: 31.8 Max: 88.44
Current: 32.97

During the past 13 years, Workpoint Entertainment PCL's highest Days Payable was 88.44. The lowest was 25.07. And the median was 31.80.

BKK:WORK's Days Payable is ranked worse than
77.04% of 932 companies
in the Media - Diversified industry
Industry Median: 79.485 vs BKK:WORK: 32.97

Workpoint Entertainment PCL's Days Payable increased from Mar. 2023 (24.22) to Mar. 2024 (34.28). It may suggest that Workpoint Entertainment PCL delayed paying its suppliers.

Workpoint Entertainment PCL Days Payable Historical Data

The historical data trend for Workpoint Entertainment 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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Workpoint Entertainment PCL Days Payable Chart

Workpoint Entertainment PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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33.22

30.13

27.78

25.07

28.27

Workpoint Entertainment 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															24.22	31.77	33.45	33.83	34.28

Competitive Comparison of Workpoint Entertainment PCL's Days Payable

For the Entertainment subindustry, Workpoint Entertainment 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.

Workpoint Entertainment PCL's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Workpoint Entertainment PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Workpoint Entertainment PCL's Days Payable falls into.

Workpoint Entertainment 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.

Workpoint Entertainment 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
=	( (126.464	+	149.493)	/	2 )	/	1781.607	*	365
=	137.9785					/	1781.607	*	365
=	28.27

Workpoint Entertainment 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
=	( (149.493	+	174.702)	/	2 )	/	431.462	*	365 / 4
=	162.0975					/	431.462	*	365 / 4
=	34.28

Workpoint Entertainment PCL Days Payable Related Terms

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Workpoint Entertainment PCL (BKK:WORK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Workpoint Entertainment PCL (BKK:WORK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WORK-F:Thailand

Address

99 Moo 2, Tambon Bang Poon, Amphoe Muang Pathum Thani, Pathum thani, THA, 12000

Website

https://www.workpoint.co.th

Workpoint Entertainment PCL is a broadcast television company. The activities of the Group are digital television broadcasting and the production of television programs, animation and computer graphics, movies, concerts and plays, event marketing and sale of goods and services related to the businesses. The company has five segments which are Business of television programs, Business of movies, Business of concerts and plays, Business of event marketing and Business of sale of goods and rendering of other services. It derives majority of the revenue from Business of television programs segment. The majority of revenue comes from Thailand.