Siam East Solutions PCL (BKK:SE) Days Payable : 48.74 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Siam East Solutions PCL Days Payable?

Siam East Solutions PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿50.1 Mil. Siam East Solutions PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿93.7 Mil. Hence, Siam East Solutions PCL's Days Payable for the three months ended in Mar. 2024 was 48.74.

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

BKK:SE' s Days Payable Range Over the Past 10 Years
Min: 42.79 Med: 67.38 Max: 124.66
Current: 45.21

During the past 12 years, Siam East Solutions PCL's highest Days Payable was 124.66. The lowest was 42.79. And the median was 67.38.

BKK:SE's Days Payable is ranked worse than
58.04% of 143 companies
in the Industrial Distribution industry
Industry Median: 52.76 vs BKK:SE: 45.21

Siam East Solutions PCL's Days Payable declined from Mar. 2023 (63.73) to Mar. 2024 (48.74). It may suggest that Siam East Solutions PCL accelerated paying its suppliers.

Siam East Solutions PCL Days Payable Historical Data

The historical data trend for Siam East Solutions 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.

* Premium members only.

Siam East Solutions PCL Days Payable Chart

Siam East Solutions PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

67.92

58.93

58.38

50.68

42.79

Siam East Solutions 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															63.73	51.86	40.22	40.22	48.74

Competitive Comparison of Siam East Solutions PCL's Days Payable

For the Industrial Distribution subindustry, Siam East Solutions 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.

Siam East Solutions PCL's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Siam East Solutions PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Siam East Solutions PCL's Days Payable falls into.

Siam East Solutions 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.

Siam East Solutions 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
=	( (63.806	+	48.887)	/	2 )	/	480.667	*	365
=	56.3465					/	480.667	*	365
=	42.79

Siam East Solutions 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
=	( (48.887	+	51.221)	/	2 )	/	93.701	*	365 / 4
=	50.054					/	93.701	*	365 / 4
=	48.74

Siam East Solutions PCL Days Payable Related Terms

Thank you for viewing the detailed overview of Siam East Solutions PCL's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Siam East Solutions PCL (BKK:SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Siam East Solutions PCL (BKK:SE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15/1, Rayong Highway No. 3191, Huai Pong Sub-district, Mueang Rayong District, Rayong Province, Rayong, THA, 21150

Website

https://www.siameastsolutions.com

Siam East Solutions PCL is engaged in the supply and distribution of industrial equipment. The company's segments include Pumping System Techem Technology Division; Process and Piping Solution Division; Innovative Material Division and Service Business. It generates maximum revenue from the Process and Piping Solution Division segment.