Glow Energy PCL (BKK:GLOW-R) Days Payable : 42.94 (As of Sep. 2019)

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What is Glow Energy PCL Days Payable?

Glow Energy PCL's average Accounts Payable for the three months ended in Sep. 2019 was ฿4,816 Mil. Glow Energy PCL's Cost of Goods Sold for the three months ended in Sep. 2019 was ฿10,233 Mil. Hence, Glow Energy PCL's Days Payable for the three months ended in Sep. 2019 was 42.94.

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

BKK:GLOW-R' s Days Payable Range Over the Past 10 Years
Min: 23.17 Med: 42.23 Max: 68.29
Current: 39.38

During the past 13 years, Glow Energy PCL's highest Days Payable was 68.29. The lowest was 23.17. And the median was 42.23.

BKK:GLOW-R's Days Payable is not ranked
in the Utilities - Regulated industry.
Industry Median: 66.43 vs BKK:GLOW-R: 39.38

Glow Energy PCL's Days Payable increased from Sep. 2018 (38.94) to Sep. 2019 (42.94). It may suggest that Glow Energy PCL delayed paying its suppliers.

Glow Energy PCL Days Payable Historical Data

The historical data trend for Glow 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.

* Premium members only.

Glow Energy PCL Days Payable Chart

Glow Energy PCL Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Payable

Get a 7-Day Free Trial

36.72

29.78

28.20

34.49

41.05

Glow Energy PCL Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Days Payable	Get a 7-Day Free Trial															38.94	42.17	48.69	50.46	42.94

Competitive Comparison of Glow Energy PCL's Days Payable

For the Utilities - Diversified subindustry, Glow 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.

Glow Energy PCL's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Glow Energy PCL's Days Payable distribution charts can be found below:

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

Glow 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.

Glow Energy PCL's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

	Days Payable (A: Dec. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2017 )	+	Accounts Payable (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (4318.517	+	4672.274)	/	2 )	/	39974.997	*	365
=	4495.3955					/	39974.997	*	365
=	41.05

Glow Energy PCL's Days Payable for the quarter that ended in Sep. 2019 is calculated as:

	Days Payable (Q: Sep. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2019 )	+	Accounts Payable (Q: Sep. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2019 )	*	Days in Period
=	( (5326.642	+	4304.653)	/	2 )	/	10232.988	*	365 / 4
=	4815.6475					/	10232.988	*	365 / 4
=	42.94

Glow Energy PCL Days Payable Related Terms

Thank you for viewing the detailed overview of Glow Energy PCL's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Glow Energy PCL (BKK:GLOW-R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Glow Energy PCL (BKK:GLOW-R) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 South Sathorn Road, 38th Floor, 1 Empire Tower - Park Wing, Yannawa, Sathorn, Bangkok, THA, 10120

Website

http://www.glow.co.th

Glow Energy PCL is a power producing and utilities company based in Thailand. The core business is electricity generation for the Electricity Generating Authority of Thailand (EGAT) and Electricite du Laos (EDL). The company also generates and delivers electricity, steam, and processed water to industrial customers. The firm derives the majority of its revenue from electricity products and services. Glow is divided into Independent Power Producer, Cogeneration, and Renewable energy business lines. The firm operates its own production facilities. They are located in the Chonburi and Rayong provinces of Thailand and the Attapeu province of Laos.

Glow Energy PCL (BKK:GLOW-R) Headlines

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