Asia Green Energy PCL (BKK:AGE) Days Payable : 15.01 (As of Dec. 2023)

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What is Asia Green Energy PCL Days Payable?

Asia Green Energy PCL's average Accounts Payable for the three months ended in Dec. 2023 was ฿427 Mil. Asia Green Energy PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿2,596 Mil. Hence, Asia Green Energy PCL's Days Payable for the three months ended in Dec. 2023 was 15.01.

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

BKK:AGE' s Days Payable Range Over the Past 10 Years
Min: 15.12 Med: 23.8 Max: 31.01
Current: 15.64

During the past 13 years, Asia Green Energy PCL's highest Days Payable was 31.01. The lowest was 15.12. And the median was 23.80.

BKK:AGE's Days Payable is ranked worse than
94.44% of 126 companies
in the Other Energy Sources industry
Industry Median: 65.545 vs BKK:AGE: 15.64

Asia Green Energy PCL's Days Payable declined from Dec. 2022 (29.55) to Dec. 2023 (15.01). It may suggest that Asia Green Energy PCL accelerated paying its suppliers.

Asia Green Energy PCL Days Payable Historical Data

The historical data trend for Asia Green Energy 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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Asia Green Energy PCL Days Payable Chart

Asia Green Energy PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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31.01

29.69

27.52

23.63

20.23

Asia Green Energy PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															29.55	16.78	10.54	14.80	15.01

Competitive Comparison of Asia Green Energy PCL's Days Payable

For the Thermal Coal subindustry, Asia Green Energy 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.

Asia Green Energy PCL's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Asia Green Energy PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Asia Green Energy PCL's Days Payable falls into.

Asia Green Energy 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.

Asia Green Energy 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
=	( (1068.096	+	260.437)	/	2 )	/	11987.193	*	365
=	664.2665					/	11987.193	*	365
=	20.23

Asia Green Energy PCL's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (593.382	+	260.437)	/	2 )	/	2595.891	*	365 / 4
=	426.9095					/	2595.891	*	365 / 4
=	15.01

Asia Green Energy PCL Days Payable Related Terms

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Asia Green Energy PCL (BKK:AGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Asia Green Energy PCL (BKK:AGE) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

273/1 Rama II Road, Samaedum, Bangkhuntien, Bangkok, THA, 10150

Website

http://www.agecoal.com

Asia Green Energy PCL is engaged in the distribution of coal for industrial use. The company's operation consists of importing and distributing the business of clean Bituminous coal from Indonesia and distributing it both inside and outside the country. The company is organized into business units based on its products and services and has two segments, the Coal business segment, and the Logistic business. The company earns maximum revenue from the coal business.