Well Graded Engineering PCL (BKK:WGE) Days Payable : 64.52 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Well Graded Engineering PCL Days Payable?

Well Graded Engineering PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿309 Mil. Well Graded Engineering PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿437 Mil. Hence, Well Graded Engineering PCL's Days Payable for the three months ended in Mar. 2024 was 64.52.

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

BKK:WGE' s Days Payable Range Over the Past 10 Years
Min: 41.17 Med: 54.99 Max: 66.64
Current: 59.28

During the past 5 years, Well Graded Engineering PCL's highest Days Payable was 66.64. The lowest was 41.17. And the median was 54.99.

BKK:WGE's Days Payable is ranked worse than
62.31% of 1605 companies
in the Construction industry
Industry Median: 74.58 vs BKK:WGE: 59.28

Well Graded Engineering PCL's Days Payable increased from Mar. 2023 (53.07) to Mar. 2024 (64.52). It may suggest that Well Graded Engineering PCL delayed paying its suppliers.

Well Graded Engineering PCL Days Payable Historical Data

The historical data trend for Well Graded Engineering 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.

Well Graded Engineering PCL Days Payable Chart

Well Graded Engineering PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

41.17

65.59

66.64

54.99

49.38

Well Graded Engineering PCL Quarterly Data
	Jun19	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														53.07	63.16	65.79	65.07	64.52

Competitive Comparison of Well Graded Engineering PCL's Days Payable

For the Engineering & Construction subindustry, Well Graded Engineering 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.

Well Graded Engineering PCL's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Well Graded Engineering PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Well Graded Engineering PCL's Days Payable falls into.

Well Graded Engineering 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.

Well Graded Engineering 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
=	( (236.402	+	292.947)	/	2 )	/	1956.246	*	365
=	264.6745					/	1956.246	*	365
=	49.38

Well Graded Engineering 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
=	( (292.947	+	324.975)	/	2 )	/	436.958	*	365 / 4
=	308.961					/	436.958	*	365 / 4
=	64.52

Well Graded Engineering PCL Days Payable Related Terms

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

Well Graded Engineering PCL (BKK:WGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Well Graded Engineering PCL (BKK:WGE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

50/1203 Moo 9, Bangpood, Pakkred, Nonthaburi, THA, 11120

Website

https://www.well-graded.com

Well Graded Engineering PCL is an engineering and construction company. The company is engaged in the business of construction work services and consultants for the design and supervision of construction, engineering, and architecture works. Its projects portfolio includes High Rise Condo; Low Rise Condo; Office Building; Hospital; Sales Gallery; Community Mall; an Interior; Factory; Public Utility System; and Renovate.

Well Graded Engineering PCL (BKK:WGE) Headlines

No Headlines