Polynet PCL (BKK:POLY) Days Payable : 40.28 (As of Mar. 2024)

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What is Polynet PCL Days Payable?

Polynet PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿73.4 Mil. Polynet PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿166.2 Mil. Hence, Polynet PCL's Days Payable for the three months ended in Mar. 2024 was 40.28.

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

BKK:POLY' s Days Payable Range Over the Past 10 Years
Min: 35.65 Med: 39.44 Max: 47.4
Current: 40.36

During the past 4 years, Polynet PCL's highest Days Payable was 47.40. The lowest was 35.65. And the median was 39.44.

BKK:POLY's Days Payable is ranked worse than
79.4% of 2923 companies
in the Industrial Products industry
Industry Median: 76.67 vs BKK:POLY: 40.36

Polynet PCL's Days Payable declined from Mar. 2023 (41.33) to Mar. 2024 (40.28). It may suggest that Polynet PCL accelerated paying its suppliers.

Polynet PCL Days Payable Historical Data

The historical data trend for Polynet 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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Polynet PCL Days Payable Chart

Polynet PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

47.40

38.69

35.65

40.18

Polynet PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial							41.33	41.34	38.16	38.18	40.28

Competitive Comparison of Polynet PCL's Days Payable

For the Metal Fabrication subindustry, Polynet 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.

Polynet PCL's Days Payable Distribution in the Industrial Products Industry

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

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

Polynet 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.

Polynet 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
=	( (94.133	+	66.44)	/	2 )	/	729.284	*	365
=	80.2865					/	729.284	*	365
=	40.18

Polynet 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
=	( (66.44	+	80.284)	/	2 )	/	166.199	*	365 / 4
=	73.362					/	166.199	*	365 / 4
=	40.28

Polynet PCL Days Payable Related Terms

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Polynet PCL (BKK:POLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Polynet PCL (BKK:POLY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

888 Moo 11, Bangsaothong District, Bangsaothong Subdistrict, SamutPrakarn, THA, 10570

Website

https://www.polynet.co.th

Polynet PCL is engaged in the forming, manufacturing and distributing products related to rubber, plastic, silicone, molds for the automotive industry, medical tools and equipment and consumer products.