Patrangsit Healthcare Group PCL (BKK:PHG) Days Payable : 23.90 (As of Mar. 2024)

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What is Patrangsit Healthcare Group PCL Days Payable?

Patrangsit Healthcare Group PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿112 Mil. Patrangsit Healthcare Group PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿426 Mil. Hence, Patrangsit Healthcare Group PCL's Days Payable for the three months ended in Mar. 2024 was 23.90.

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

BKK:PHG' s Days Payable Range Over the Past 10 Years
Min: 21.53 Med: 22.03 Max: 31.47
Current: 31.47

During the past 3 years, Patrangsit Healthcare Group PCL's highest Days Payable was 31.47. The lowest was 21.53. And the median was 22.03.

BKK:PHG's Days Payable is ranked worse than
74.02% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 62.91 vs BKK:PHG: 31.47

Patrangsit Healthcare Group PCL's Days Payable increased from Dec. 2022 (23.79) to Mar. 2024 (23.90). It may suggest that Patrangsit Healthcare Group PCL delayed paying its suppliers.

Patrangsit Healthcare Group PCL Days Payable Historical Data

The historical data trend for Patrangsit Healthcare 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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Patrangsit Healthcare Group PCL Days Payable Chart

Patrangsit Healthcare Group PCL Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

21.53

22.03

23.86

Patrangsit Healthcare Group PCL Quarterly Data
	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial			23.79	24.02	23.24	24.50	23.90

Competitive Comparison of Patrangsit Healthcare Group PCL's Days Payable

For the Medical Care Facilities subindustry, Patrangsit Healthcare 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.

Patrangsit Healthcare Group PCL's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Patrangsit Healthcare Group PCL's Days Payable distribution charts can be found below:

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

Patrangsit Healthcare 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.

Patrangsit Healthcare Group 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
=	( (93.729	+	110.832)	/	2 )	/	1564.656	*	365
=	102.2805					/	1564.656	*	365
=	23.86

Patrangsit Healthcare 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
=	( (110.832	+	112.232)	/	2 )	/	425.783	*	365 / 4
=	111.532					/	425.783	*	365 / 4
=	23.90

Patrangsit Healthcare Group PCL Days Payable Related Terms

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Patrangsit Healthcare Group PCL (BKK:PHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Patrangsit Healthcare Group PCL (BKK:PHG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Phaholyothin Road, 733/345 and 733/346 Moo 8, Khu Khot, Lam Luk Ka, Pathum Thani, Bangkok, THA, 12130

Website

https://www.patrangsit.com

Patrangsit Healthcare Group PCL is engaged in the hospital business. It is a medical provider with a team of skilled medical professionals. The company expanded the hospital and area By establishing more hospitals in the network, totaling 3 hospitals, consisting of Phaet Rangsit Hospital, Phaet Rangsit 2 Hospital, and Rangsit Maternal and Child Specialist Hospital To be able to cover a variety of specialized medical services.