Royal Plus PCL (BKK:PLUS) Days Payable : 60.07 (As of Mar. 2024)

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What is Royal Plus PCL Days Payable?

Royal Plus PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿161 Mil. Royal Plus PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿245 Mil. Hence, Royal Plus PCL's Days Payable for the three months ended in Mar. 2024 was 60.07.

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

BKK:PLUS' s Days Payable Range Over the Past 10 Years
Min: 34.8 Med: 47.48 Max: 53.1
Current: 52.3

During the past 4 years, Royal Plus PCL's highest Days Payable was 53.10. The lowest was 34.80. And the median was 47.48.

BKK:PLUS's Days Payable is ranked worse than
58.18% of 110 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 62.02 vs BKK:PLUS: 52.30

Royal Plus PCL's Days Payable increased from Mar. 2023 (58.54) to Mar. 2024 (60.07). It may suggest that Royal Plus PCL delayed paying its suppliers.

Royal Plus PCL Days Payable Historical Data

The historical data trend for Royal Plus 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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Royal Plus PCL Days Payable Chart

Royal Plus PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

50.31

53.10

34.80

44.64

Royal Plus PCL Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									58.54	50.42	44.88	50.90	60.07

Competitive Comparison of Royal Plus PCL's Days Payable

For the Beverages - Non-Alcoholic subindustry, Royal Plus 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.

Royal Plus PCL's Days Payable Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Royal Plus PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Royal Plus PCL's Days Payable falls into.

Royal Plus 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.

Royal Plus 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
=	( (92.493	+	154.516)	/	2 )	/	1009.938	*	365
=	123.5045					/	1009.938	*	365
=	44.64

Royal Plus 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
=	( (154.516	+	167.619)	/	2 )	/	244.656	*	365 / 4
=	161.0675					/	244.656	*	365 / 4
=	60.07

Royal Plus PCL Days Payable Related Terms

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Royal Plus PCL (BKK:PLUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Royal Plus PCL (BKK:PLUS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 84 / 3-7 Rama 2 Road, Soi 69, Samae Dam Sub-district, Bang Khun Thian District, Bangkok, THA, 10150

Website

https://www.royalplus.co.th

Royal Plus PCL principal activities are the manufacture and distribution of beverages, fruit juice, fruit juice with basil seeds, fruit juice with chia seeds, coconut milk, and soy milk. The company derives its revenue from Thailand, USA, China, and other countries with the majority of it coming from USA.