WP Energy PCL (BKK:WP) Days Payable : 21.47 (As of Dec. 2023)

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What is WP Energy PCL Days Payable?

WP Energy PCL's average Accounts Payable for the three months ended in Dec. 2023 was ฿1,066 Mil. WP Energy PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿4,531 Mil. Hence, WP Energy PCL's Days Payable for the three months ended in Dec. 2023 was 21.47.

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

BKK:WP' s Days Payable Range Over the Past 10 Years
Min: 14.62 Med: 20.27 Max: 117.47
Current: 20.37

During the past 10 years, WP Energy PCL's highest Days Payable was 117.47. The lowest was 14.62. And the median was 20.27.

BKK:WP's Days Payable is ranked worse than
93.72% of 494 companies
in the Utilities - Regulated industry
Industry Median: 66.265 vs BKK:WP: 20.37

WP Energy PCL's Days Payable declined from Dec. 2022 (21.68) to Dec. 2023 (21.47). It may suggest that WP Energy PCL accelerated paying its suppliers.

WP Energy PCL Days Payable Historical Data

The historical data trend for WP Energy 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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WP Energy PCL Days Payable Chart

WP Energy PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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20.72

20.77

19.08

19.54

22.92

WP Energy 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															21.68	19.84	18.77	18.73	21.47

Competitive Comparison of WP Energy PCL's Days Payable

For the Utilities - Regulated Gas subindustry, WP Energy 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.

WP Energy PCL's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, WP Energy PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where WP Energy PCL's Days Payable falls into.

WP Energy 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.

WP Energy 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
=	( (964.247	+	1203.52)	/	2 )	/	17260.655	*	365
=	1083.8835					/	17260.655	*	365
=	22.92

WP Energy 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
=	( (928.86	+	1203.52)	/	2 )	/	4531.41	*	365 / 4
=	1066.19					/	4531.41	*	365 / 4
=	21.47

WP Energy PCL Days Payable Related Terms

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WP Energy PCL (BKK:WP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » WP Energy PCL (BKK:WP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

1 East Water Buildings 15th Floor, Soi Viphavadi Rangsit 5, Vibhavadi Rangsit Road, Chom Pon Sub-district, Chatuchak district, Bangkok, THA, 10900

Website

https://www.wp-energy.co.th

WP Energy PCL is a Thailand-based company engaged in trading of Liquefied Petroleum Gas (LPG), and transportation of oil, gas, and chemical substances. The company distributes its liquefied petroleum gas cylinders to filling plants, gas retail shops, and gas users in commercial and household sectors. It derives a majority of revenue from the trading of Liquefied Petroleum Gas (LPG) activity. The group generates majority of the revenue from Thailand.