Planet Communications Asia PCL (BKK:PLANET-F) Days Payable : 132.62 (As of Mar. 2024)

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What is Planet Communications Asia PCL Days Payable?

Planet Communications Asia PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿133.56 Mil. Planet Communications Asia PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿91.90 Mil. Hence, Planet Communications Asia PCL's Days Payable for the three months ended in Mar. 2024 was 132.62.

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

BKK:PLANET-F' s Days Payable Range Over the Past 10 Years
Min: 29.94 Med: 46.22 Max: 97.94
Current: 106.8

During the past 13 years, Planet Communications Asia PCL's highest Days Payable was 97.94. The lowest was 29.94. And the median was 46.22.

BKK:PLANET-F's Days Payable is ranked better than
73.51% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs BKK:PLANET-F: 106.80

Planet Communications Asia PCL's Days Payable increased from Mar. 2023 (107.24) to Mar. 2024 (132.62). It may suggest that Planet Communications Asia PCL delayed paying its suppliers.

Planet Communications Asia PCL Days Payable Historical Data

The historical data trend for Planet Communications Asia 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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Planet Communications Asia PCL Days Payable Chart

Planet Communications Asia PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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40.63

55.25

77.75

43.46

97.94

Planet Communications Asia PCL Quarterly Data
	Jun19	Sep19	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															107.24	113.77	131.61	92.73	132.62

Competitive Comparison of Planet Communications Asia PCL's Days Payable

For the Communication Equipment subindustry, Planet Communications Asia 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.

Planet Communications Asia PCL's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Planet Communications Asia PCL's Days Payable distribution charts can be found below:

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

Planet Communications Asia 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.

Planet Communications Asia 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
=	( (68.57	+	164.352)	/	2 )	/	434.008	*	365
=	116.461					/	434.008	*	365
=	97.94

Planet Communications Asia 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
=	( (164.352	+	102.763)	/	2 )	/	91.896	*	365 / 4
=	133.5575					/	91.896	*	365 / 4
=	132.62

Planet Communications Asia PCL Days Payable Related Terms

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Planet Communications Asia PCL (BKK:PLANET-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Planet Communications Asia PCL (BKK:PLANET-F) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PLANET:Thailand

Address

157 Soi Ramindra 34, Ramindra Road, Tarang Subdistrict, Bangkhen District, Bangkok, THA, 10230

Website

https://www.planetcomm.com

Planet Communications Asia PCL is a Thailand based company engaged in the business of distribution, service, installation and maintenance of telecommunication equipment. It operates in the business segments of the Sale of products and solution; Services segment and Service Provider segment. A majority of revenue is derived from the Sale of products and solution segment which involves sell from being a reseller and selling projects as a system integrator and manufacturer.

Planet Communications Asia PCL (BKK:PLANET-F) Headlines

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