President Automobile Industries PCL (BKK:PACO) Days Payable : 30.38 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is President Automobile Industries PCL Days Payable?

President Automobile Industries PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿67 Mil. President Automobile Industries PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿203 Mil. Hence, President Automobile Industries PCL's Days Payable for the three months ended in Mar. 2024 was 30.38.

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

BKK:PACO' s Days Payable Range Over the Past 10 Years
Min: 26.2 Med: 37.58 Max: 48.53
Current: 30.18

During the past 5 years, President Automobile Industries PCL's highest Days Payable was 48.53. The lowest was 26.20. And the median was 37.58.

BKK:PACO's Days Payable is ranked worse than
85.39% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 65.87 vs BKK:PACO: 30.18

President Automobile Industries PCL's Days Payable declined from Mar. 2023 (33.61) to Mar. 2024 (30.38). It may suggest that President Automobile Industries PCL accelerated paying its suppliers.

President Automobile Industries PCL Days Payable Historical Data

The historical data trend for President Automobile Industries 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.

President Automobile Industries PCL Days Payable Chart

President Automobile Industries PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

41.42

48.53

33.73

26.20

President Automobile Industries 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													33.61	29.00	29.90	32.76	30.38

Competitive Comparison of President Automobile Industries PCL's Days Payable

For the Auto Parts subindustry, President Automobile Industries 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.

President Automobile Industries PCL's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, President Automobile Industries PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where President Automobile Industries PCL's Days Payable falls into.

President Automobile Industries 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.

President Automobile Industries 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
=	( (57.647	+	68.34)	/	2 )	/	877.546	*	365
=	62.9935					/	877.546	*	365
=	26.20

President Automobile Industries 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
=	( (68.34	+	66.646)	/	2 )	/	202.716	*	365 / 4
=	67.493					/	202.716	*	365 / 4
=	30.38

President Automobile Industries PCL Days Payable Related Terms

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

President Automobile Industries PCL (BKK:PACO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » President Automobile Industries PCL (BKK:PACO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Satethakit 1 Road, 88/8, Moo 9, Soi Wor-Por-Or 11 (Piset), Suanluang, Kratumban, Samutsakorn, THA, 74110

Website

https://www.paco.co.th

President Automobile Industries PCL is engaged in two reportable segments the manufacture and distribution of automotive air conditioning components and the trading segment. The products offered by the company are condensers, evaporators, compressors, oil coolers, Air conditioning electrical parts, refrigerants, intercoolers and other accessories. The company has a business presence in Thailand, the Middle East, South East Asia, South Asia, North America, South America, Europe, East Asia and other regions.

President Automobile Industries PCL (BKK:PACO) Headlines

No Headlines