Gift Infinite PCL (BKK:GIFT) Days Payable : 16.51 (As of Sep. 2024)

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What is Gift Infinite PCL Days Payable?

Gift Infinite PCL's average Accounts Payable for the three months ended in Sep. 2024 was ฿70 Mil. Gift Infinite PCL's Cost of Goods Sold for the three months ended in Sep. 2024 was ฿390 Mil. Hence, Gift Infinite PCL's Days Payable for the three months ended in Sep. 2024 was 16.51.

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

BKK:GIFT' s Days Payable Range Over the Past 10 Years
Min: 20.57 Med: 33.37 Max: 57.08
Current: 27.6

During the past 13 years, Gift Infinite PCL's highest Days Payable was 57.08. The lowest was 20.57. And the median was 33.37.

BKK:GIFT's Days Payable is ranked worse than
82.85% of 1504 companies
in the Chemicals industry
Industry Median: 60.18 vs BKK:GIFT: 27.60

Gift Infinite PCL's Days Payable declined from Sep. 2023 (122.91) to Sep. 2024 (16.51). It may suggest that Gift Infinite PCL accelerated paying its suppliers.

Gift Infinite PCL Days Payable Historical Data

The historical data trend for Gift Infinite 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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Gift Infinite PCL Days Payable Chart

Gift Infinite PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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32.57

20.57

47.77

57.08

33.66

Gift Infinite PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															122.91	60.85	12.00	3.38	16.51

Competitive Comparison of Gift Infinite PCL's Days Payable

For the Specialty Chemicals subindustry, Gift Infinite 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.

Gift Infinite PCL's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gift Infinite PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Gift Infinite PCL's Days Payable falls into.

Gift Infinite 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.

Gift Infinite 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
=	( (3.246	+	80.273)	/	2 )	/	452.863	*	365
=	41.7595					/	452.863	*	365
=	33.66

Gift Infinite PCL's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (28.587	+	112.365)	/	2 )	/	389.502	*	365 / 4
=	70.476					/	389.502	*	365 / 4
=	16.51

Gift Infinite PCL Days Payable Related Terms

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Gift Infinite PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Gift Infinite PCL (BKK:GIFT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prasert-Manukitch Road, 27 RS Group Building, Tower A, Floor 9, Chatuchak District, Bangkok, THA, 10170

Website

https://www.giftinfinite.co.th

Gift Infinite PCL delivers a well-balanced range of chemical product solutions and unsurpassed levels of service to industrial and consumer markets as impressive as paints and coatings, household and industrial cleaners, health care and personal care products and many more in a timely, cost-effective manner.