Addtech Hub PCL (BKK:ADD) Days Payable : 75.48 (As of Mar. 2024)

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What is Addtech Hub PCL Days Payable?

Addtech Hub PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿46.8 Mil. Addtech Hub PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿56.6 Mil. Hence, Addtech Hub PCL's Days Payable for the three months ended in Mar. 2024 was 75.48.

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

BKK:ADD' s Days Payable Range Over the Past 10 Years
Min: 59.54 Med: 71.18 Max: 82.55
Current: 61.06

During the past 5 years, Addtech Hub PCL's highest Days Payable was 82.55. The lowest was 59.54. And the median was 71.18.

BKK:ADD's Days Payable is ranked worse than
58.99% of 929 companies
in the Media - Diversified industry
Industry Median: 78.37 vs BKK:ADD: 61.06

Addtech Hub PCL's Days Payable increased from Mar. 2023 (60.90) to Mar. 2024 (75.48). It may suggest that Addtech Hub PCL delayed paying its suppliers.

Addtech Hub PCL Days Payable Historical Data

The historical data trend for Addtech Hub 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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Addtech Hub PCL Days Payable Chart

Addtech Hub PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

59.54

81.76

71.18

82.55

64.79

Addtech Hub PCL Quarterly Data
	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													60.90	60.32	54.85	64.63	75.48

Competitive Comparison of Addtech Hub PCL's Days Payable

For the Advertising Agencies subindustry, Addtech Hub 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.

Addtech Hub PCL's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Addtech Hub PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Addtech Hub PCL's Days Payable falls into.

Addtech Hub 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.

Addtech Hub 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
=	( (35.434	+	48.561)	/	2 )	/	236.585	*	365
=	41.9975					/	236.585	*	365
=	64.79

Addtech Hub PCL'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
=	( (48.561	+	45.031)	/	2 )	/	56.57	*	365 / 4
=	46.796					/	56.57	*	365 / 4
=	75.48

Addtech Hub PCL Days Payable Related Terms

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Addtech Hub PCL (BKK:ADD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Addtech Hub PCL (BKK:ADD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 4106-7, South Sathorn Road, 1 Empire Tower, 41st Floor, Yannawa, Sathorn, Bangkok, THA, 10120

Website

https://www.addtechhub.com

Addtech Hub PCL is engaged in providing digital content via telecommunication channels, providing information technology solutions for electronic devices and providing online advertising for products and services. The company operates in three segments namely Providing Digital Content via Telecommunication Channels, Providing Information Technology Solutions for Electronic Devices, and Providing Online Advertising for Products and Services.