Varopakorn PCL (BKK:VARO-R) Days Payable : 23.55 (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Varopakorn PCL Days Payable?

Varopakorn PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿179 Mil. Varopakorn PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿693 Mil. Hence, Varopakorn PCL's Days Payable for the three months ended in Mar. 2024 was 23.55.

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

BKK:VARO-R' s Days Payable Range Over the Past 10 Years
Min: 9.54 Med: 16.86 Max: 37.28
Current: 28.6

During the past 13 years, Varopakorn PCL's highest Days Payable was 37.28. The lowest was 9.54. And the median was 16.86.

BKK:VARO-R's Days Payable is ranked worse than
86.68% of 1066 companies
in the Metals & Mining industry
Industry Median: 136.15 vs BKK:VARO-R: 28.60

Varopakorn PCL's Days Payable declined from Mar. 2023 (25.00) to Mar. 2024 (23.55). It may suggest that Varopakorn PCL accelerated paying its suppliers.

Varopakorn PCL Days Payable Historical Data

The historical data trend for Varopakorn 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.

Varopakorn PCL Days Payable Chart

Varopakorn PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

9.54

15.06

37.28

32.40

28.80

Varopakorn 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															25.00	30.56	31.90	28.97	23.55

Competitive Comparison of Varopakorn PCL's Days Payable

For the Aluminum subindustry, Varopakorn 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.

Varopakorn PCL's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Varopakorn PCL's Days Payable distribution charts can be found below:

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

Varopakorn 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.

Varopakorn 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
=	( (220.288	+	170.197)	/	2 )	/	2474.576	*	365
=	195.2425					/	2474.576	*	365
=	28.80

Varopakorn 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
=	( (170.197	+	187.392)	/	2 )	/	692.924	*	365 / 4
=	178.7945					/	692.924	*	365 / 4
=	23.55

Varopakorn PCL Days Payable Related Terms

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

Varopakorn PCL (BKK:VARO-R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Varopakorn PCL (BKK:VARO-R) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VARO:Thailand

Address

181 Soi Amorn, Nanglinchee Road, Chongnonsri, Yannawa, Bangkok, THA, 10120

Website

https://www.varopakorn.com

Varopakorn PCL is engaged in the manufacturing and distribution of semi-finished aluminum products in Thailand. Its Aluminium rolled products have been developed to be of standard quality and wider range, such as Bare Finstock, Precoated Finstock, Capstocks, Foil, Coil, Sheet, and Automotive Fin. It generates revenue from Thailand, Asia, America, Europe, and Oceania.

Varopakorn PCL (BKK:VARO-R) Headlines

No Headlines