Proen PCL (BKK:PROEN) Days Payable : 167.01 (As of Mar. 2024)

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What is Proen PCL Days Payable?

Proen PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿193.7 Mil. Proen PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿105.8 Mil. Hence, Proen PCL's Days Payable for the three months ended in Mar. 2024 was 167.01.

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

BKK:PROEN' s Days Payable Range Over the Past 10 Years
Min: 29.57 Med: 55.98 Max: 108.36
Current: 108.36

During the past 5 years, Proen PCL's highest Days Payable was 108.36. The lowest was 29.57. And the median was 55.98.

BKK:PROEN's Days Payable is ranked better than
50.43% of 347 companies
in the Telecommunication Services industry
Industry Median: 105.28 vs BKK:PROEN: 108.36

Proen PCL's Days Payable increased from Mar. 2023 (77.27) to Mar. 2024 (167.01). It may suggest that Proen PCL delayed paying its suppliers.

Proen PCL Days Payable Historical Data

The historical data trend for Proen 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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Proen PCL Days Payable Chart

Proen PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

29.57

37.66

69.02

55.98

105.34

Proen PCL Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial												77.27	143.52	72.13	93.55	167.01

Competitive Comparison of Proen PCL's Days Payable

For the Telecom Services subindustry, Proen 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.

Proen PCL's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Proen PCL's Days Payable distribution charts can be found below:

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

Proen 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.

Proen 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
=	( (174.73	+	173.338)	/	2 )	/	603.003	*	365
=	174.034					/	603.003	*	365
=	105.34

Proen 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
=	( (173.338	+	214.017)	/	2 )	/	105.822	*	365 / 4
=	193.6775					/	105.822	*	365 / 4
=	167.01

Proen PCL Days Payable Related Terms

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Proen PCL (BKK:PROEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Proen Corp PCL (BKK:PROEN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Charoenkrung Road, 72 CAT Telecom Building, 4th, 18th Floor, Bangrak Sub-district, Bangrak District, Bangkok, THA, 10500

Website

https://www.proen.co.th

Proen Corp PCL is engaged in the business of IT equipment distributor, providing internet data center services and related services, providing internet security services, and construction. The Group has three segments which are comprised of IT equipment distribution, Internet data center, and related services and Construction of which key revenue is from the IT equipment segment. The Group operates in Thailand.

Proen PCL (BKK:PROEN) Headlines

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