Premier Technology PCL (BKK:PT) Days Payable : 73.33 (As of Sep. 2024)

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What is Premier Technology PCL Days Payable?

Premier Technology PCL's average Accounts Payable for the three months ended in Sep. 2024 was ฿509 Mil. Premier Technology PCL's Cost of Goods Sold for the three months ended in Sep. 2024 was ฿634 Mil. Hence, Premier Technology PCL's Days Payable for the three months ended in Sep. 2024 was 73.33.

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

BKK:PT' s Days Payable Range Over the Past 10 Years
Min: 45.61 Med: 80.06 Max: 119.5
Current: 65.69

During the past 13 years, Premier Technology PCL's highest Days Payable was 119.50. The lowest was 45.61. And the median was 80.06.

BKK:PT's Days Payable is ranked better than
58.7% of 2523 companies
in the Software industry
Industry Median: 48.75 vs BKK:PT: 65.69

Premier Technology PCL's Days Payable increased from Sep. 2023 (63.52) to Sep. 2024 (73.33). It may suggest that Premier Technology PCL delayed paying its suppliers.

Premier Technology PCL Days Payable Historical Data

The historical data trend for Premier Technology 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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Premier Technology PCL Days Payable Chart

Premier Technology PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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80.09

45.61

58.19

67.75

49.68

Premier Technology PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															63.52	56.56	89.56	64.04	73.33

Competitive Comparison of Premier Technology PCL's Days Payable

For the Information Technology Services subindustry, Premier Technology 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.

Premier Technology PCL's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Premier Technology PCL's Days Payable distribution charts can be found below:

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

Premier Technology 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.

Premier Technology 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
=	( (397.384	+	356.345)	/	2 )	/	2768.627	*	365
=	376.8645					/	2768.627	*	365
=	49.68

Premier Technology PCL's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (694.04	+	324.742)	/	2 )	/	633.858	*	365 / 4
=	509.391					/	633.858	*	365 / 4
=	73.33

Premier Technology PCL Days Payable Related Terms

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Premier Technology PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Premier Technology PCL (BKK:PT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PT-R:Thailand

Address

Soi Premier 2, Srinakarin Road, 1 Premier Corporate Park, Kwang Nongbon, Khet Prawet, Bangkok, THA, 10250

Website

https://www.premier-technology.co.th

Premier Technology PCL provides office rental and invests in the information technology business. The company operates in two segments: Provision of services relating to information technology systems and Rent out space and services segment. It offers hardware and software products including IT products, multimedia products, system and data management software, and application software. It also offers services including annual maintenance services, training, and consulting services, outsourcing services, and other services. It derives the majority of its revenue from the Provision of services relating to information technology systems.