Goldfine Manufacturers (BKK:GFM-R) Days Payable : 15.14 (As of Sep. 2014)

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What is Goldfine Manufacturers Days Payable?

Goldfine Manufacturers's average Accounts Payable for the three months ended in Sep. 2014 was ฿37.99 Mil. Goldfine Manufacturers's Cost of Goods Sold for the three months ended in Sep. 2014 was ฿229.04 Mil. Hence, Goldfine Manufacturers's Days Payable for the three months ended in Sep. 2014 was 15.14.

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

BKK:GFM-R' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 15.57
Current: 15.57

During the past 9 years, Goldfine Manufacturers's highest Days Payable was 15.57. The lowest was 0.00. And the median was 0.00.

BKK:GFM-R's Days Payable is not ranked
in the Retail - Cyclical industry.
Industry Median: 56.14 vs BKK:GFM-R: 15.57

Goldfine Manufacturers's Days Payable increased from Sep. 2013 (15.06) to Sep. 2014 (15.14). It may suggest that Goldfine Manufacturers delayed paying its suppliers.

Goldfine Manufacturers Days Payable Historical Data

The historical data trend for Goldfine Manufacturers'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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Goldfine Manufacturers Days Payable Chart

Goldfine Manufacturers Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Days Payable

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16.93

11.37

9.82

9.35

8.13

Goldfine Manufacturers Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Days Payable	Get a 7-Day Free Trial															15.06	13.39	12.69	15.15	15.14

Competitive Comparison of Goldfine Manufacturers's Days Payable

For the Luxury Goods subindustry, Goldfine Manufacturers'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.

Goldfine Manufacturers's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Goldfine Manufacturers's Days Payable distribution charts can be found below:

* The bar in red indicates where Goldfine Manufacturers's Days Payable falls into.

Goldfine Manufacturers 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.

Goldfine Manufacturers's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

	Days Payable (A: Dec. 2013 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2012 )	+	Accounts Payable (A: Dec. 2013 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2013 )	*	Days in Period
=	( (17.072	+	23.654)	/	2 )	/	913.957	*	365
=	20.363					/	913.957	*	365
=	8.13

Goldfine Manufacturers's Days Payable for the quarter that ended in Sep. 2014 is calculated as:

	Days Payable (Q: Sep. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2014 )	+	Accounts Payable (Q: Sep. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2014 )	*	Days in Period
=	( (37.591	+	38.397)	/	2 )	/	229.04	*	365 / 4
=	37.994					/	229.04	*	365 / 4
=	15.14

Goldfine Manufacturers Days Payable Related Terms

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Goldfine Manufacturers (BKK:GFM-R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Goldfine Manufacturers PLC (BKK:GFM-R) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Website

http://www.goldfinemfg.com

Goldfine Manufacturers Public Company Limited was incorporated on 26 September 1989 in Thailand. The Company is a manufacturer, importer and exporter of ornaments and jewelries. It manufactures and exports gold, silver, platinum jewelry sets with diamonds, precious stones, semi-precious stones and others.

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