577 Investment (STC:NBB) Days Payable : 610.33 (As of Mar. 2024)

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What is 577 Investment Days Payable?

577 Investment's average Accounts Payable for the three months ended in Mar. 2024 was ₫114,424 Mil. 577 Investment's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫17,107 Mil. Hence, 577 Investment's Days Payable for the three months ended in Mar. 2024 was 610.33.

The historical rank and industry rank for 577 Investment's Days Payable or its related term are showing as below:

STC:NBB' s Days Payable Range Over the Past 10 Years
Min: 19.63 Med: 128.85 Max: 1266.62
Current: 208.21

During the past 13 years, 577 Investment's highest Days Payable was 1266.62. The lowest was 19.63. And the median was 128.85.

STC:NBB's Days Payable is ranked better than
71.75% of 1579 companies
in the Real Estate industry
Industry Median: 97.02 vs STC:NBB: 208.21

577 Investment's Days Payable declined from Mar. 2023 (819.22) to Mar. 2024 (610.33). It may suggest that 577 Investment accelerated paying its suppliers.

577 Investment Days Payable Historical Data

The historical data trend for 577 Investment'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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577 Investment Days Payable Chart

577 Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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231.25

20.13

122.32

135.38

215.88

577 Investment 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															819.22	129.99	643.10	130.31	610.33

Competitive Comparison of 577 Investment's Days Payable

For the Real Estate Services subindustry, 577 Investment'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.

577 Investment's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, 577 Investment's Days Payable distribution charts can be found below:

* The bar in red indicates where 577 Investment's Days Payable falls into.

577 Investment 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.

577 Investment'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
=	( (92397.11	+	130532.485)	/	2 )	/	188456.425	*	365
=	111464.7975					/	188456.425	*	365
=	215.88

577 Investment'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
=	( (130532.485	+	98315.597)	/	2 )	/	17107.485	*	365 / 4
=	114424.041					/	17107.485	*	365 / 4
=	610.33

577 Investment Days Payable Related Terms

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577 Investment (STC:NBB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » 577 Investment Corp (STC:NBB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1648 Vo Van Kiet Street, Carina Plaza Building, Ward 16, District 8, Ho Chi Minh, VNM

Website

http://www.nbb.com.vn

577 Investment Corp, formerly NBB investment Corporation is primarily engaged in the real estate development. The company's core business activities consist of construction of traffic works, ferry bridges, roads and railways; construction of irrigation, hydropower, and thermal power. In addition, the company is involved in the power production, power transmission, distribution, and trading.

577 Investment (STC:NBB) Headlines

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