City Steel PCL (BKK:CITY) Days Payable : 16.96 (As of Jan. 2024)

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What is City Steel PCL Days Payable?

City Steel PCL's average Accounts Payable for the three months ended in Jan. 2024 was ฿1.90 Mil. City Steel PCL's Cost of Goods Sold for the three months ended in Jan. 2024 was ฿10.22 Mil. Hence, City Steel PCL's Days Payable for the three months ended in Jan. 2024 was 16.96.

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

BKK:CITY' s Days Payable Range Over the Past 10 Years
Min: 8.35 Med: 15.51 Max: 24.91
Current: 24.64

During the past 13 years, City Steel PCL's highest Days Payable was 24.91. The lowest was 8.35. And the median was 15.51.

BKK:CITY's Days Payable is ranked worse than
92.15% of 2930 companies
in the Industrial Products industry
Industry Median: 76.065 vs BKK:CITY: 24.64

City Steel PCL's Days Payable declined from Jan. 2023 (25.21) to Jan. 2024 (16.96). It may suggest that City Steel PCL accelerated paying its suppliers.

City Steel PCL Days Payable Historical Data

The historical data trend for City Steel 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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City Steel PCL Days Payable Chart

City Steel PCL Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Payable

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16.47

16.64

13.62

24.91

20.02

City Steel PCL Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															25.21	34.03	21.74	15.83	16.96

Competitive Comparison of City Steel PCL's Days Payable

For the Metal Fabrication subindustry, City Steel 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.

City Steel PCL's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, City Steel PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where City Steel PCL's Days Payable falls into.

City Steel 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.

City Steel PCL's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

	Days Payable (A: Jul. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2022 )	+	Accounts Payable (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (5.965	+	2.849)	/	2 )	/	80.337	*	365
=	4.407					/	80.337	*	365
=	20.02

City Steel PCL's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (1.999	+	1.801)	/	2 )	/	10.22	*	365 / 4
=	1.9					/	10.22	*	365 / 4
=	16.96

City Steel PCL Days Payable Related Terms

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City Steel PCL (BKK:CITY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » City Steel PCL (BKK:CITY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

88/3 Moo 4, Bypass Road, Tumbol Nongmaidaeng, Amphur Muang, Chonburi, THA, 20000

Website

http://www.citysteelpcl.com

City Steel PCL is principally engaged in manufacturing and sale of metal structures, storage system and material handling equipment, and fabricated metal parts, as well as the provision of one-stop metal processing services and the sale of metals. Geographically, it operates only in Thailand.

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