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Petrovietnam Fertilizer And Chemicals (STC:DPM) Days Payable : 30.60 (As of Mar. 2024)


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What is Petrovietnam Fertilizer And Chemicals Days Payable?

Petrovietnam Fertilizer And Chemicals's average Accounts Payable for the three months ended in Mar. 2024 was ₫907,249 Mil. Petrovietnam Fertilizer And Chemicals's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫2,705,664 Mil. Hence, Petrovietnam Fertilizer And Chemicals's Days Payable for the three months ended in Mar. 2024 was 30.60.

The historical rank and industry rank for Petrovietnam Fertilizer And Chemicals's Days Payable or its related term are showing as below:

STC:DPM' s Days Payable Range Over the Past 10 Years
Min: 10.98   Med: 25.53   Max: 28.18
Current: 19.56

During the past 13 years, Petrovietnam Fertilizer And Chemicals's highest Days Payable was 28.18. The lowest was 10.98. And the median was 25.53.

STC:DPM's Days Payable is ranked worse than
90.49% of 1503 companies
in the Chemicals industry
Industry Median: 60.89 vs STC:DPM: 19.56

Petrovietnam Fertilizer And Chemicals's Days Payable increased from Mar. 2023 (18.78) to Mar. 2024 (30.60). It may suggest that Petrovietnam Fertilizer And Chemicals delayed paying its suppliers.


Petrovietnam Fertilizer And Chemicals Days Payable Historical Data

The historical data trend for Petrovietnam Fertilizer And Chemicals'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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Petrovietnam Fertilizer And Chemicals Days Payable Chart

Petrovietnam Fertilizer And Chemicals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.98 28.18 27.93 27.75 25.08

Petrovietnam Fertilizer And Chemicals 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.78 7.64 18.03 23.67 30.60

Competitive Comparison of Petrovietnam Fertilizer And Chemicals's Days Payable

For the Chemicals subindustry, Petrovietnam Fertilizer And Chemicals'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.


Petrovietnam Fertilizer And Chemicals's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Petrovietnam Fertilizer And Chemicals's Days Payable distribution charts can be found below:

* The bar in red indicates where Petrovietnam Fertilizer And Chemicals's Days Payable falls into.



Petrovietnam Fertilizer And Chemicals 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.

Petrovietnam Fertilizer And Chemicals'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
=( (869008.139 + 768442.429) / 2 ) / 11917438.631*365
=818725.284 / 11917438.631*365
=25.08

Petrovietnam Fertilizer And Chemicals'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
=( (768442.429 + 1046055.155) / 2 ) / 2705664.169*365 / 4
=907248.792 / 2705664.169*365 / 4
=30.60

* 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.


Petrovietnam Fertilizer And Chemicals Days Payable Related Terms

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Petrovietnam Fertilizer And Chemicals (STC:DPM) Business Description

Traded in Other Exchanges
N/A
Address
43 Mac Dinh Chi Street, 7th floor, PVFCCo Tower, Da Kao ward, District 1, Ho Chi Minh City, VNM
Petrovietnam Fertilizer And Chemicals Corp produces and trades fertilizer and chemicals. The company's products portfolio includes Urea, NPK, MOP, SA, DAP fertilizers for the agriculture sector, liquid Ammonia and UFC85/ Formaldehyde. Its segments are Production and trading of fertilizer and chemicals, and Construction of civil works and rendering of other services. Its majority of revenue is derived from production and trading of chemicals and fertilizers. The company distributes fertilizer, chemicals, packages, and services to the North, Central Region, Southeast, Southwest and Ho Chi Minh City.

Petrovietnam Fertilizer And Chemicals (STC:DPM) Headlines