Sahaviriya Steel Industries (BKK:SSI-R) Days Payable : 85.50 (As of Dec. 2019)

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What is Sahaviriya Steel Industries Days Payable?

Sahaviriya Steel Industries's average Accounts Payable for the six months ended in Dec. 2019 was ฿5,106.29 Mil. Sahaviriya Steel Industries's Cost of Goods Sold for the six months ended in Dec. 2019 was ฿10,899.35 Mil. Hence, Sahaviriya Steel Industries's Days Payable for the six months ended in Dec. 2019 was 85.50.

The historical rank and industry rank for Sahaviriya Steel Industries's Days Payable or its related term are showing as below:

BKK:SSI-R' s Days Payable Range Over the Past 10 Years
Min: 26.47 Med: 63.47 Max: 127.87
Current: 74.86

During the past 13 years, Sahaviriya Steel Industries's highest Days Payable was 127.87. The lowest was 26.47. And the median was 63.47.

BKK:SSI-R's Days Payable is not ranked
in the Steel industry.
Industry Median: 39.7 vs BKK:SSI-R: 74.86

Sahaviriya Steel Industries's Days Payable increased from Dec. 2018 (54.58) to Dec. 2019 (85.50). It may suggest that Sahaviriya Steel Industries delayed paying its suppliers.

Sahaviriya Steel Industries Days Payable Historical Data

The historical data trend for Sahaviriya Steel Industries'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.

* Premium members only.

Sahaviriya Steel Industries Days Payable Chart

Sahaviriya Steel Industries Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Payable

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128.08

60.63

44.10

55.01

79.57

Sahaviriya Steel Industries Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
Days Payable	Get a 7-Day Free Trial															43.10	39.35	54.58	69.77	85.50

Competitive Comparison of Sahaviriya Steel Industries's Days Payable

For the Steel subindustry, Sahaviriya Steel Industries'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.

Sahaviriya Steel Industries's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sahaviriya Steel Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Sahaviriya Steel Industries's Days Payable falls into.

Sahaviriya Steel Industries 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.

Sahaviriya Steel Industries's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

	Days Payable (A: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2018 )	+	Accounts Payable (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (5795.983	+	5148.663)	/	2 )	/	25102.857	*	365
=	5472.323					/	25102.857	*	365
=	79.57

Sahaviriya Steel Industries's Days Payable for the quarter that ended in Dec. 2019 is calculated as:

	Days Payable (Q: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2019 )	+	Accounts Payable (Q: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2019 )	*	Days in Period
=	( (5063.907	+	5148.663)	/	2 )	/	10899.352	*	365 / 2
=	5106.285					/	10899.352	*	365 / 2
=	85.50

Sahaviriya Steel Industries Days Payable Related Terms

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Sahaviriya Steel Industries (BKK:SSI-R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sahaviriya Steel Industries PLC (BKK:SSI-R) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2nd - 3rd Floor, Surasak Road, 28/1 Prapawit Building, Kwang Silom, Khet Bangrak, Bangkok, THA, 10500

Website

http://www.ssi-steel.com

Sahaviriya Steel Industries PLC is a producer of hot-rolled steel sheet coils in Southeast Asia. The company's reportable segments consist of Manufacture of hot-rolled coils, Maintenance services, and Deep-sea port services. Its product includes hot-rolled steel sheet in coils and hot-rolled steel sheet pickled and oiled which is used as raw material for industries such as construction, pipe, and tube, gas cylinder, container, furniture, automotive, and cold rolled steel. In addition, it also supplies steel sheets to various sectors such as automobile, energy, transportation and construction sectors.

Sahaviriya Steel Industries (BKK:SSI-R) Headlines

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