Mc Group PCL (BKK:MC) Days Payable : 53.07 (As of Mar. 2024)

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What is Mc Group PCL Days Payable?

Mc Group PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿216 Mil. Mc Group PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿372 Mil. Hence, Mc Group PCL's Days Payable for the three months ended in Mar. 2024 was 53.07.

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

BKK:MC' s Days Payable Range Over the Past 10 Years
Min: 30.09 Med: 82.96 Max: 135.06
Current: 65.04

During the past 12 years, Mc Group PCL's highest Days Payable was 135.06. The lowest was 30.09. And the median was 82.96.

BKK:MC's Days Payable is ranked better than
56.95% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs BKK:MC: 65.04

Mc Group PCL's Days Payable declined from Mar. 2023 (71.22) to Mar. 2024 (53.07). It may suggest that Mc Group PCL accelerated paying its suppliers.

Mc Group PCL Days Payable Historical Data

The historical data trend for Mc Group 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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Mc Group PCL Days Payable Chart

Mc Group PCL Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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73.21

36.23

30.09

43.52

48.25

Mc Group PCL 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															71.22	133.94	73.18	53.12	53.07

Competitive Comparison of Mc Group PCL's Days Payable

For the Apparel Manufacturing subindustry, Mc Group 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.

Mc Group PCL's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mc Group PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Mc Group PCL's Days Payable falls into.

Mc Group 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.

Mc Group PCL'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
=	( (135.879	+	205.29)	/	2 )	/	1290.516	*	365
=	170.5845					/	1290.516	*	365
=	48.25

Mc Group PCL'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
=	( (269.073	+	163.421)	/	2 )	/	371.813	*	365 / 4
=	216.247					/	371.813	*	365 / 4
=	53.07

Mc Group PCL Days Payable Related Terms

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Mc Group PCL (BKK:MC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mc Group PCL (BKK:MC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

448, 450, Onnuch Road, Kwang Pravet, Khet Pravet, Bangkok, THA, 10250

Website

https://www.mcgroupnet.com

Mc Group PCL is a Thailand-based company engaged in the manufacturing and distribution of apparel. Its only operating segment being clothing and accessories. Geographically, all the business operations function only through Thailand. Its Brand includes MC brand.