Vinacomin Machinery Joint Stock Company (HSTC:CTT) Days Payable : 57.35 (As of Sep. 2023)

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What is Vinacomin Machinery Joint Stock Company Days Payable?

Vinacomin Machinery Joint Stock Company's average Accounts Payable for the three months ended in Sep. 2023 was ₫350,776 Mil. Vinacomin Machinery Joint Stock Company's Cost of Goods Sold for the three months ended in Sep. 2023 was ₫558,125 Mil. Hence, Vinacomin Machinery Joint Stock Company's Days Payable for the three months ended in Sep. 2023 was 57.35.

The historical rank and industry rank for Vinacomin Machinery Joint Stock Company's Days Payable or its related term are showing as below:

HSTC:CTT' s Days Payable Range Over the Past 10 Years
Min: 43.44 Med: 61.37 Max: 82.55
Current: 71.09

During the past 4 years, Vinacomin Machinery Joint Stock Company's highest Days Payable was 82.55. The lowest was 43.44. And the median was 61.37.

HSTC:CTT's Days Payable is ranked worse than
54.35% of 2933 companies
in the Industrial Products industry
Industry Median: 76.41 vs HSTC:CTT: 71.09

Vinacomin Machinery Joint Stock Company's Days Payable increased from Jun. 2022 (31.10) to Sep. 2023 (57.35). It may suggest that Vinacomin Machinery Joint Stock Company delayed paying its suppliers.

Vinacomin Machinery Joint Stock Company Days Payable Historical Data

The historical data trend for Vinacomin Machinery Joint Stock Company'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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Vinacomin Machinery Joint Stock Company Days Payable Chart

Vinacomin Machinery Joint Stock Company Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Days Payable

82.55

66.62

56.11

43.44

Vinacomin Machinery Joint Stock Company Quarterly Data
	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial													31.10	36.43	49.84	60.52	57.35

Competitive Comparison of Vinacomin Machinery Joint Stock Company's Days Payable

For the Specialty Industrial Machinery subindustry, Vinacomin Machinery Joint Stock Company'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.

Vinacomin Machinery Joint Stock Company's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vinacomin Machinery Joint Stock Company's Days Payable distribution charts can be found below:

* The bar in red indicates where Vinacomin Machinery Joint Stock Company's Days Payable falls into.

Vinacomin Machinery Joint Stock Company 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.

Vinacomin Machinery Joint Stock Company's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (238847.578	+	228137.06)	/	2 )	/	1961790.214	*	365
=	233492.319					/	1961790.214	*	365
=	43.44

Vinacomin Machinery Joint Stock Company's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (359364.958	+	342187.108)	/	2 )	/	558125.168	*	365 / 4
=	350776.033					/	558125.168	*	365 / 4
=	57.35

Vinacomin Machinery Joint Stock Company Days Payable Related Terms

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Vinacomin Machinery Joint Stock Company (HSTC:CTT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vinacomin Machinery Joint Stock Company (HSTC:CTT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 486, Tran Phu Street, Quang Ninh Province, Cam Thuy Ward, Cam Pha City, VNM

Website

http://www.chetaomay.com.vn

Vinacomin Machinery Joint Stock Company is a Vietnam based machinery manufacturing company. It provides power protector, cutting machine, drilling machine, hydraulic.