Pioneer Motor PCL (BKK:PIMO) Days Payable : 82.91 (As of Dec. 2023)

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What is Pioneer Motor PCL Days Payable?

Pioneer Motor PCL's average Accounts Payable for the three months ended in Dec. 2023 was ฿175.0 Mil. Pioneer Motor PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿192.6 Mil. Hence, Pioneer Motor PCL's Days Payable for the three months ended in Dec. 2023 was 82.91.

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

BKK:PIMO' s Days Payable Range Over the Past 10 Years
Min: 73.93 Med: 83.43 Max: 101.66
Current: 87.58

During the past 10 years, Pioneer Motor PCL's highest Days Payable was 101.66. The lowest was 73.93. And the median was 83.43.

BKK:PIMO's Days Payable is ranked better than
56.88% of 2936 companies
in the Industrial Products industry
Industry Median: 76.395 vs BKK:PIMO: 87.58

Pioneer Motor PCL's Days Payable declined from Dec. 2022 (101.96) to Dec. 2023 (82.91). It may suggest that Pioneer Motor PCL accelerated paying its suppliers.

Pioneer Motor PCL Days Payable Historical Data

The historical data trend for Pioneer Motor 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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Pioneer Motor PCL Days Payable Chart

Pioneer Motor PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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74.71

90.44

101.66

83.55

86.30

Pioneer Motor PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															101.96	90.19	88.96	89.17	82.91

Competitive Comparison of Pioneer Motor PCL's Days Payable

For the Specialty Industrial Machinery subindustry, Pioneer Motor 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.

Pioneer Motor PCL's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pioneer Motor PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Pioneer Motor PCL's Days Payable falls into.

Pioneer Motor 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.

Pioneer Motor 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
=	( (209.426	+	174.66)	/	2 )	/	812.194	*	365
=	192.043					/	812.194	*	365
=	86.30

Pioneer Motor PCL's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (175.271	+	174.66)	/	2 )	/	192.563	*	365 / 4
=	174.9655					/	192.563	*	365 / 4
=	82.91

Pioneer Motor PCL Days Payable Related Terms

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Pioneer Motor PCL (BKK:PIMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pioneer Motor PCL (BKK:PIMO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

78, 78/4, 78/5 Moo 3 Dontoom-Nakornchaisri Road, Donfaek, Nakornchaisri, Nakornpathom, THA, 73120

Website

https://www.pioneermotor.th.com

Pioneer Motor PCL is a Thailand-based company engaged in manufacturing and supplying various motor products. The company's products include air conditioner electric motors, general-purpose industrial motors, single and three-phase induction motors, pool and spa pump motors, as well as submersible dewatering and submersible sewage pumps. It distributes its products according to orders by electric appliance manufacturers. It also exports and sells its products to international customers.

Pioneer Motor PCL (BKK:PIMO) Headlines

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