Union Pioneer PCL (BKK:UPF) Days Payable : 26.76 (As of Mar. 2024)

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What is Union Pioneer PCL Days Payable?

Union Pioneer PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿34.8 Mil. Union Pioneer PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿118.6 Mil. Hence, Union Pioneer PCL's Days Payable for the three months ended in Mar. 2024 was 26.76.

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

BKK:UPF' s Days Payable Range Over the Past 10 Years
Min: 14.92 Med: 23.42 Max: 32.43
Current: 32.43

During the past 13 years, Union Pioneer PCL's highest Days Payable was 32.43. The lowest was 14.92. And the median was 23.42.

BKK:UPF's Days Payable is ranked worse than
72.97% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.86 vs BKK:UPF: 32.43

Union Pioneer PCL's Days Payable increased from Mar. 2023 (23.32) to Mar. 2024 (26.76). It may suggest that Union Pioneer PCL delayed paying its suppliers.

Union Pioneer PCL Days Payable Historical Data

The historical data trend for Union Pioneer 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.

Union Pioneer PCL Days Payable Chart

Union Pioneer PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

20.60

18.10

23.99

18.39

14.92

Union Pioneer 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															23.32	34.97	38.59	25.62	26.76

Competitive Comparison of Union Pioneer PCL's Days Payable

For the Textile Manufacturing subindustry, Union Pioneer 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.

Union Pioneer PCL's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Union Pioneer PCL's Days Payable distribution charts can be found below:

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

Union Pioneer 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.

Union Pioneer 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
=	( (19.197	+	19.796)	/	2 )	/	476.984	*	365
=	19.4965					/	476.984	*	365
=	14.92

Union Pioneer 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
=	( (19.796	+	49.781)	/	2 )	/	118.608	*	365 / 4
=	34.7885					/	118.608	*	365 / 4
=	26.76

Union Pioneer PCL Days Payable Related Terms

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

Union Pioneer PCL (BKK:UPF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Union Pioneer PCL (BKK:UPF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1 Soi Serithai 62, Kweang Minburi, Khet Minburi, Bangkok, THA, 10510

Website

https://www.unionpioneer.co.th

Union Pioneer PCL is principally engaged in the manufacture and distribution of finished elastic products. It offers products such as Rubber thread and tape, Elastic braid, Elastic webbing and crochet, and Covering yarn, among other products. The products are offered under the Venus brand name. The majority of the company's products are the raw materials for other products, such as the baby-adult diaper industry, garment industry or other usage depending on the nature of business of the customers. Geographically, it has a business presence in Thailand, the United States, and other countries.

Union Pioneer PCL (BKK:UPF) Headlines

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