More Return PCL (BKK:MORE) Days Payable : 170.29 (As of Mar. 2024)

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What is More Return PCL Days Payable?

More Return PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿21.67 Mil. More Return PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿11.61 Mil. Hence, More Return PCL's Days Payable for the three months ended in Mar. 2024 was 170.29.

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

BKK:MORE' s Days Payable Range Over the Past 10 Years
Min: 13.56 Med: 70.84 Max: 944.45
Current: 309.88

During the past 13 years, More Return PCL's highest Days Payable was 944.45. The lowest was 13.56. And the median was 70.84.

BKK:MORE's Days Payable is ranked better than
84.51% of 923 companies
in the Media - Diversified industry
Industry Median: 81.72 vs BKK:MORE: 309.88

More Return PCL's Days Payable declined from Mar. 2023 (242.71) to Mar. 2024 (170.29). It may suggest that More Return PCL accelerated paying its suppliers.

More Return PCL Days Payable Historical Data

The historical data trend for More Return 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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More Return PCL Days Payable Chart

More Return PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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844.98

50.85

13.56

19.65

40.86

More Return 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															242.71	419.58	408.84	194.62	170.29

Competitive Comparison of More Return PCL's Days Payable

For the Entertainment subindustry, More Return 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.

More Return PCL's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, More Return PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where More Return PCL's Days Payable falls into.

More Return 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.

More Return 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
=	( (4.62	+	4.494)	/	2 )	/	40.705	*	365
=	4.557					/	40.705	*	365
=	40.86

More Return 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
=	( (4.494	+	38.855)	/	2 )	/	11.614	*	365 / 4
=	21.6745					/	11.614	*	365 / 4
=	170.29

More Return PCL Days Payable Related Terms

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More Return PCL (BKK:MORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » More Return PCL (BKK:MORE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vibhavadi Rangsit Road, Chatuchak Sub-district,, 222/148-150, Baan Suan Chatuchak Condominium, Soi Vibhavadi Rangsit 17, Chatuchak District, Bangkok, THA, 10900

Website

https://www.morereturn.co.th

More Return PCL is engaged in trading of equipment of the energy-saving business. It operates only in Thailand. It operates in three segments. The Service segment looks after all recover kind of battery and manages human. The utilities segment is responsible for producing and selling clean water on Samed Island. The Trading segment engages in the distribution of pyrolusite.

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