United Palm Oil Industry PCL (BKK:UPOIC) Days Payable : 4.54 (As of Dec. 2023)

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What is United Palm Oil Industry PCL Days Payable?

United Palm Oil Industry PCL's average Accounts Payable for the three months ended in Dec. 2023 was ฿11 Mil. United Palm Oil Industry PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿221 Mil. Hence, United Palm Oil Industry PCL's Days Payable for the three months ended in Dec. 2023 was 4.54.

The historical rank and industry rank for United Palm Oil Industry PCL's Days Payable or its related term are showing as below:

BKK:UPOIC' s Days Payable Range Over the Past 10 Years
Min: 1.68 Med: 6.22 Max: 18.24
Current: 4.97

During the past 13 years, United Palm Oil Industry PCL's highest Days Payable was 18.24. The lowest was 1.68. And the median was 6.22.

BKK:UPOIC's Days Payable is ranked worse than
98.38% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.6 vs BKK:UPOIC: 4.97

United Palm Oil Industry PCL's Days Payable declined from Dec. 2022 (5.61) to Dec. 2023 (4.54). It may suggest that United Palm Oil Industry PCL accelerated paying its suppliers.

United Palm Oil Industry PCL Days Payable Historical Data

The historical data trend for United Palm Oil Industry 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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United Palm Oil Industry PCL Days Payable Chart

United Palm Oil Industry PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

5.90

2.54

1.68

2.04

2.61

United Palm Oil Industry PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															5.61	2.45	8.43	9.45	4.54

Competitive Comparison of United Palm Oil Industry PCL's Days Payable

For the Farm Products subindustry, United Palm Oil Industry 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.

United Palm Oil Industry PCL's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, United Palm Oil Industry PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where United Palm Oil Industry PCL's Days Payable falls into.

United Palm Oil Industry 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.

United Palm Oil Industry 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
=	( (8.694	+	9.251)	/	2 )	/	1252.414	*	365
=	8.9725					/	1252.414	*	365
=	2.61

United Palm Oil Industry PCL's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (12.725	+	9.251)	/	2 )	/	220.827	*	365 / 4
=	10.988					/	220.827	*	365 / 4
=	4.54

United Palm Oil Industry PCL Days Payable Related Terms

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United Palm Oil Industry PCL (BKK:UPOIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » United Palm Oil Industry PCL (BKK:UPOIC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

64, 1st Floor, Soi Bangna-Trad 25, Bangnanua Sub-District, Bangna District, Bangkok, THA, 10260

Website

http://www.upoic.co.th

United Palm Oil Industry PCL engaged in the manufacture of crude palm oil and palm kernel oil. The company business operations involve 2 principal segments (1) oil palm plantation, crude palm oil and crude palm kernel oil processing (2) generation of electricity from biogases and biomasses. These activities are carried on exclusively in the single geographic area of Thailand.

United Palm Oil Industry PCL (BKK:UPOIC) Headlines

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