Thanh Thanh Cong � Bien Hoa JSC (STC:SBT) Days Payable : 21.22 (As of Mar. 2024)

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What is Thanh Thanh Cong � Bien Hoa JSC Days Payable?

Thanh Thanh Cong � Bien Hoa JSC's average Accounts Payable for the three months ended in Mar. 2024 was ₫1,249,668 Mil. Thanh Thanh Cong � Bien Hoa JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫5,373,779 Mil. Hence, Thanh Thanh Cong � Bien Hoa JSC's Days Payable for the three months ended in Mar. 2024 was 21.22.

The historical rank and industry rank for Thanh Thanh Cong � Bien Hoa JSC's Days Payable or its related term are showing as below:

STC:SBT' s Days Payable Range Over the Past 10 Years
Min: 6.87 Med: 16.56 Max: 26.61
Current: 15.02

During the past 13 years, Thanh Thanh Cong � Bien Hoa JSC's highest Days Payable was 26.61. The lowest was 6.87. And the median was 16.56.

STC:SBT's Days Payable is ranked worse than
91.66% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs STC:SBT: 15.02

Thanh Thanh Cong � Bien Hoa JSC's Days Payable declined from Mar. 2023 (23.33) to Mar. 2024 (21.22). It may suggest that Thanh Thanh Cong � Bien Hoa JSC accelerated paying its suppliers.

Thanh Thanh Cong � Bien Hoa JSC Days Payable Historical Data

The historical data trend for Thanh Thanh Cong � Bien Hoa JSC'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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Thanh Thanh Cong � Bien Hoa JSC Days Payable Chart

Thanh Thanh Cong � Bien Hoa JSC Annual Data

Trend

Dec13

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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15.74

17.38

15.44

26.61

22.33

Thanh Thanh Cong � Bien Hoa JSC 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															23.33	11.94	12.74	11.87	21.22

Competitive Comparison of Thanh Thanh Cong � Bien Hoa JSC's Days Payable

For the Confectioners subindustry, Thanh Thanh Cong � Bien Hoa JSC'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.

Thanh Thanh Cong � Bien Hoa JSC's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thanh Thanh Cong � Bien Hoa JSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Thanh Thanh Cong � Bien Hoa JSC's Days Payable falls into.

Thanh Thanh Cong � Bien Hoa JSC 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.

Thanh Thanh Cong � Bien Hoa JSC's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (1844553.835	+	849643.418)	/	2 )	/	22022252.638	*	365
=	1347098.6265					/	22022252.638	*	365
=	22.33

Thanh Thanh Cong � Bien Hoa JSC'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
=	( (899827.896	+	1599507.538)	/	2 )	/	5373779.155	*	365 / 4
=	1249667.717					/	5373779.155	*	365 / 4
=	21.22

Thanh Thanh Cong � Bien Hoa JSC Days Payable Related Terms

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Thanh Thanh Cong � Bien Hoa JSC (STC:SBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thanh Thanh Cong � Bien Hoa JSC (STC:SBT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tan Hung commune, Tay Ninh Province, Tan Chau, VNM

Website

http://www.ttcsugar.com.vn

Thanh Thanh Cong - Bien Hoa JSC is a Vietnamese company engaged in the production and trading sugar and by-products. The company is also involved in producing and trading fertilizers and agricultural materials, construction of industrial park infrastructure, building supermarkets, restaurants, and hotels. It produces commercial electricity and electricity for self-use from bagasse and/or coal.