North East Rubber PCL (BKK:NER) Days Payable : 2.17 (As of Mar. 2024)

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What is North East Rubber PCL Days Payable?

North East Rubber PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿138 Mil. North East Rubber PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿5,780 Mil. Hence, North East Rubber PCL's Days Payable for the three months ended in Mar. 2024 was 2.17.

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

BKK:NER' s Days Payable Range Over the Past 10 Years
Min: 0.92 Med: 3.01 Max: 5.37
Current: 2.6

During the past 10 years, North East Rubber PCL's highest Days Payable was 5.37. The lowest was 0.92. And the median was 3.01.

BKK:NER's Days Payable is ranked worse than
99.67% of 1501 companies
in the Chemicals industry
Industry Median: 60.63 vs BKK:NER: 2.60

North East Rubber PCL's Days Payable increased from Mar. 2023 (1.15) to Mar. 2024 (2.17). It may suggest that North East Rubber PCL delayed paying its suppliers.

North East Rubber PCL Days Payable Historical Data

The historical data trend for North East Rubber 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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North East Rubber PCL Days Payable Chart

North East Rubber PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

3.98

3.01

1.96

1.62

0.92

North East Rubber 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															1.15	2.14	4.00	2.37	2.17

Competitive Comparison of North East Rubber PCL's Days Payable

For the Specialty Chemicals subindustry, North East Rubber 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.

North East Rubber PCL's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where North East Rubber PCL's Days Payable falls into.

North East Rubber 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.

North East Rubber 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
=	( (60.563	+	51.982)	/	2 )	/	22231.933	*	365
=	56.2725					/	22231.933	*	365
=	0.92

North East Rubber 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
=	( (51.982	+	223.115)	/	2 )	/	5780.406	*	365 / 4
=	137.5485					/	5780.406	*	365 / 4
=	2.17

North East Rubber PCL Days Payable Related Terms

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North East Rubber PCL (BKK:NER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » North East Rubber PCL (BKK:NER) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

398 Moo 4 Khok Ma, Prakhon Chai, Buriram Province, Bangkok, THA, 31140

Website

https://www.nerubber.com

North East Rubber PCL manufactures, exports and sells Ribbed Smoked Sheet, Standard Thai Rubber and Rubber Mixtures. In addition, the company provides the analysis and testing of the quality of rubber under the company's own operations. Geographically, The maximum revenue generate from Thailand.

North East Rubber PCL (BKK:NER) Headlines

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