Syntec Construction PCL (BKK:SYNTEC) Days Payable : 29.06 (As of Dec. 2023)

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What is Syntec Construction PCL Days Payable?

Syntec Construction PCL's average Accounts Payable for the three months ended in Dec. 2023 was ฿653 Mil. Syntec Construction PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿2,052 Mil. Hence, Syntec Construction PCL's Days Payable for the three months ended in Dec. 2023 was 29.06.

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

BKK:SYNTEC' s Days Payable Range Over the Past 10 Years
Min: 33.18 Med: 39.77 Max: 49.62
Current: 33.55

During the past 13 years, Syntec Construction PCL's highest Days Payable was 49.62. The lowest was 33.18. And the median was 39.77.

BKK:SYNTEC's Days Payable is ranked worse than
85.38% of 1601 companies
in the Construction industry
Industry Median: 73.84 vs BKK:SYNTEC: 33.55

Syntec Construction PCL's Days Payable declined from Dec. 2022 (35.03) to Dec. 2023 (29.06). It may suggest that Syntec Construction PCL accelerated paying its suppliers.

Syntec Construction PCL Days Payable Historical Data

The historical data trend for Syntec Construction 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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Syntec Construction PCL Days Payable Chart

Syntec Construction PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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36.05

36.91

49.62

39.84

33.18

Syntec Construction PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															35.03	32.64	39.76	34.98	29.06

Competitive Comparison of Syntec Construction PCL's Days Payable

For the Engineering & Construction subindustry, Syntec Construction 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.

Syntec Construction PCL's Days Payable Distribution in the Construction Industry

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

* The bar in red indicates where Syntec Construction PCL's Days Payable falls into.

Syntec Construction 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.

Syntec Construction 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
=	( (561.216	+	680.464)	/	2 )	/	6828.638	*	365
=	620.84					/	6828.638	*	365
=	33.18

Syntec Construction PCL's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (626.432	+	680.464)	/	2 )	/	2051.998	*	365 / 4
=	653.448					/	2051.998	*	365 / 4
=	29.06

Syntec Construction PCL Days Payable Related Terms

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Syntec Construction PCL (BKK:SYNTEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Syntec Construction PCL (BKK:SYNTEC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

555/7-11 Sukhumvit Soi 63 (Ekamai), Sukhumvit Road, Klongton Nua, Wattana, Bangkok, THA, 10110

Website

https://www.synteccon.com

Syntec Construction PCL is a Thailand based company, that engages in construction contracts and civil engineering works. It is engaged in the provision of construction and real estate services to government and private bureaus. It operates through the following businesses: Construction Business; Real estate development for Room Service or Service Apartment and Rental Business, and Operate the Management Business for Hotel, Service Apartment, and Other Properties. Its construction projects include infrastructure, institutional projects, residential buildings, commercial buildings, hotels, resorts, shopping malls and industrial construction.

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