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Nforce Secure PCL (BKK:SECURE) Days Payable : 39.78 (As of Dec. 2024)


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What is Nforce Secure PCL Days Payable?

Nforce Secure PCL's average Accounts Payable for the three months ended in Dec. 2024 was ฿142 Mil. Nforce Secure PCL's Cost of Goods Sold for the three months ended in Dec. 2024 was ฿325 Mil. Hence, Nforce Secure PCL's Days Payable for the three months ended in Dec. 2024 was 39.78.

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

BKK:SECURE' s Days Payable Range Over the Past 10 Years
Min: 42.73   Med: 55.66   Max: 81.39
Current: 42.73

During the past 5 years, Nforce Secure PCL's highest Days Payable was 81.39. The lowest was 42.73. And the median was 55.66.

BKK:SECURE's Days Payable is ranked worse than
55.46% of 2553 companies
in the Software industry
Industry Median: 51.44 vs BKK:SECURE: 42.73

Nforce Secure PCL's Days Payable declined from Dec. 2023 (46.42) to Dec. 2024 (39.78). It may suggest that Nforce Secure PCL accelerated paying its suppliers.


Nforce Secure PCL Days Payable Historical Data

The historical data trend for Nforce Secure 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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Nforce Secure PCL Days Payable Chart

Nforce Secure PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
81.39 60.26 54.81 52.66 55.66

Nforce Secure PCL Quarterly Data
Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.42 37.91 41.97 38.97 39.78

Competitive Comparison of Nforce Secure PCL's Days Payable

For the Software - Infrastructure subindustry, Nforce Secure 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.


Nforce Secure PCL's Days Payable Distribution in the Software Industry

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

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


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Nforce Secure 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.

Nforce Secure PCL's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (129.277 + 173.302) / 2 ) / 992.092*365
=151.2895 / 992.092*365
=55.66

Nforce Secure PCL's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (109.796 + 173.302) / 2 ) / 324.706*365 / 4
=141.549 / 324.706*365 / 4
=39.78

* 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.


Nforce Secure PCL Days Payable Related Terms

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Nforce Secure PCL Business Description

Traded in Other Exchanges
Address
Ratchadapisek Road, 9/2 The Synchronized, Soi Ratchadapisek 18, Huai Khwang, Bangkok, THA, 10310
Nforce Secure PCL is a distributor of Cybersecurity Solution Products. The company sells computer hardware and software, and all related equipment, network communication equipment and software, development of enterprise software and project management and provides service for business consulting, risk assessment, planning and training. It operates and manages a single operating segment which are selling computer equipment software on network communication and providing related services and generates revenue from the same.

Nforce Secure PCL Headlines

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