Ocean Glass PCL (BKK:OGC) Days Payable : 44.08 (As of Dec. 2024)

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What is Ocean Glass PCL Days Payable?

Ocean Glass PCL's average Accounts Payable for the three months ended in Dec. 2024 was ฿167 Mil. Ocean Glass PCL's Cost of Goods Sold for the three months ended in Dec. 2024 was ฿347 Mil. Hence, Ocean Glass PCL's Days Payable for the three months ended in Dec. 2024 was 44.08.

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

BKK:OGC' s Days Payable Range Over the Past 10 Years
Min: 38.85 Med: 50.27 Max: 82.36
Current: 43.14

During the past 13 years, Ocean Glass PCL's highest Days Payable was 82.36. The lowest was 38.85. And the median was 50.27.

BKK:OGC's Days Payable is ranked worse than
70.98% of 417 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 65.92 vs BKK:OGC: 43.14

Ocean Glass PCL's Days Payable increased from Dec. 2023 (38.78) to Dec. 2024 (44.08). It may suggest that Ocean Glass PCL delayed paying its suppliers.

Ocean Glass PCL Days Payable Historical Data

The historical data trend for Ocean Glass 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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Ocean Glass PCL Days Payable Chart

Ocean Glass PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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55.79

38.85

48.58

53.49

51.96

Ocean Glass PCL Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															38.78	51.11	36.73	33.91	44.08

Competitive Comparison of Ocean Glass PCL's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Ocean Glass 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.

Ocean Glass PCL's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ocean Glass PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Ocean Glass PCL's Days Payable falls into.

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Ocean Glass 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.

Ocean Glass PCL's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (159.72	+	184.124)	/	2 )	/	1207.596	*	365
=	171.922					/	1207.596	*	365
=	51.96

Ocean Glass PCL's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (150.625	+	184.124)	/	2 )	/	346.501	*	365 / 4
=	167.3745					/	346.501	*	365 / 4
=	44.08

Ocean Glass PCL Days Payable Related Terms

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Ocean Glass PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ocean Glass PCL (BKK:OGC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

OGC-R:Thailand

Address

Sukhumvit 19 Road, 75/3 and 75/88-90 Ocean Tower II, 12th and 34th floor, North Klongtoey, Wattana, Bangkok, THA, 10110

Website

https://www.oceanglass.com

Ocean Glass PCL is a Thailand-based company that manufactures and sells table glassware. The company manufactures glassware for families, food service operators, companies, and brands who want to personalize their own glassware as gifts or souvenirs. Its offering includes all kinds of glasses such as drinking glasses, wine glasses, beer glasses, juice glasses and dining glass sets. It sells its products under the brands Ocean and Lucaris. Its market coverage includes Thailand and Overseas markets, with the majority of the revenue generated from overseas sales.

Ocean Glass PCL Headlines

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