Pha Lai Thermal Power JSC (STC:PPC) Days Payable : 47.39 (As of Mar. 2024)

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What is Pha Lai Thermal Power JSC Days Payable?

Pha Lai Thermal Power JSC's average Accounts Payable for the three months ended in Mar. 2024 was ₫987,226 Mil. Pha Lai Thermal Power JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫1,900,817 Mil. Hence, Pha Lai Thermal Power JSC's Days Payable for the three months ended in Mar. 2024 was 47.39.

The historical rank and industry rank for Pha Lai Thermal Power JSC's Days Payable or its related term are showing as below:

STC:PPC' s Days Payable Range Over the Past 10 Years
Min: 22.55 Med: 32.79 Max: 46.12
Current: 34.19

During the past 13 years, Pha Lai Thermal Power JSC's highest Days Payable was 46.12. The lowest was 22.55. And the median was 32.79.

STC:PPC's Days Payable is ranked worse than
76.36% of 385 companies
in the Utilities - Independent Power Producers industry
Industry Median: 76.22 vs STC:PPC: 34.19

Pha Lai Thermal Power JSC's Days Payable increased from Mar. 2023 (23.70) to Mar. 2024 (47.39). It may suggest that Pha Lai Thermal Power JSC delayed paying its suppliers.

Pha Lai Thermal Power JSC Days Payable Historical Data

The historical data trend for Pha Lai Thermal Power JSC'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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Pha Lai Thermal Power JSC Days Payable Chart

Pha Lai Thermal Power JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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33.27

32.93

46.12

37.30

32.65

Pha Lai Thermal Power JSC 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															23.70	19.41	26.59	26.33	47.39

Competitive Comparison of Pha Lai Thermal Power JSC's Days Payable

For the Utilities - Independent Power Producers subindustry, Pha Lai Thermal Power JSC'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.

Pha Lai Thermal Power JSC's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Pha Lai Thermal Power JSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Pha Lai Thermal Power JSC's Days Payable falls into.

Pha Lai Thermal Power JSC 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.

Pha Lai Thermal Power JSC'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
=	( (478187.278	+	555443.435)	/	2 )	/	5777306.693	*	365
=	516815.3565					/	5777306.693	*	365
=	32.65

Pha Lai Thermal Power JSC'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
=	( (555443.435	+	1419008.838)	/	2 )	/	1900816.546	*	365 / 4
=	987226.1365					/	1900816.546	*	365 / 4
=	47.39

Pha Lai Thermal Power JSC Days Payable Related Terms

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Pha Lai Thermal Power JSC (STC:PPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Pha Lai Thermal Power JSC (STC:PPC) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Phao Son Hamlet, Chi Linh District, Pha Lai, Hai Duong, VNM

Website

http://www.ppc.evn.vn

Pha Lai Thermal Power JSC operates as a coal-fired power plant in Vietnam. It is engaged in the operation, maintenance and management of the thermal power plant in Hai Duong Province for electricity generation and distribution.