QTC Energy PCL (BKK:QTC-R) Days Payable : 63.72 (As of Mar. 2024)

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What is QTC Energy PCL Days Payable?

QTC Energy PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿151 Mil. QTC Energy PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿216 Mil. Hence, QTC Energy PCL's Days Payable for the three months ended in Mar. 2024 was 63.72.

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

BKK:QTC-R' s Days Payable Range Over the Past 10 Years
Min: 34.43 Med: 44.85 Max: 98.92
Current: 51.48

During the past 13 years, QTC Energy PCL's highest Days Payable was 98.92. The lowest was 34.43. And the median was 44.85.

BKK:QTC-R's Days Payable is ranked worse than
68.59% of 2929 companies
in the Industrial Products industry
Industry Median: 76.43 vs BKK:QTC-R: 51.48

QTC Energy PCL's Days Payable increased from Mar. 2023 (55.91) to Mar. 2024 (63.72). It may suggest that QTC Energy PCL delayed paying its suppliers.

QTC Energy PCL Days Payable Historical Data

The historical data trend for QTC Energy 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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QTC Energy PCL Days Payable Chart

QTC Energy PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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42.13

38.40

47.13

49.25

53.13

QTC Energy PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															55.91	52.21	68.10	44.94	63.72

Competitive Comparison of QTC Energy PCL's Days Payable

For the Electrical Equipment & Parts subindustry, QTC Energy 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.

QTC Energy PCL's Days Payable Distribution in the Industrial Products Industry

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

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

QTC Energy 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.

QTC Energy 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
=	( (167.021	+	155.704)	/	2 )	/	1108.492	*	365
=	161.3625					/	1108.492	*	365
=	53.13

QTC Energy 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
=	( (155.704	+	145.729)	/	2 )	/	215.84	*	365 / 4
=	150.7165					/	215.84	*	365 / 4
=	63.72

QTC Energy PCL Days Payable Related Terms

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QTC Energy PCL (BKK:QTC-R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » QTC Energy PCL (BKK:QTC-R) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

QTC:Thailand

Address

Krungthep Kritha Road, 2/2 Soi Krungthep Kritha 8(5), Huamark, Bangkapi, Bangkok, THA, 10240

Website

https://www.qtc-energy.com

QTC Energy PCL is engaged in the businesses of manufacturing and distributing custom-made transformers and provides various types of services for customers. The company has three reportable segments as follows: Manufacturing and sale of electric transformer segment, Sale of electric equipment segment and Manufacturing and sale of electricity segment. The company operates in Thailand.

QTC Energy PCL (BKK:QTC-R) Headlines

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