World Flex PCL (BKK:WFX) Days Payable : 34.72 (As of Mar. 2024)

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What is World Flex PCL Days Payable?

World Flex PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿297 Mil. World Flex PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿779 Mil. Hence, World Flex PCL's Days Payable for the three months ended in Mar. 2024 was 34.72.

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

BKK:WFX' s Days Payable Range Over the Past 10 Years
Min: 30.04 Med: 35.87 Max: 39.35
Current: 35.18

During the past 5 years, World Flex PCL's highest Days Payable was 39.35. The lowest was 30.04. And the median was 35.87.

BKK:WFX's Days Payable is ranked worse than
70.17% of 1019 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.07 vs BKK:WFX: 35.18

World Flex PCL's Days Payable increased from Mar. 2023 (34.64) to Mar. 2024 (34.72). It may suggest that World Flex PCL delayed paying its suppliers.

World Flex PCL Days Payable Historical Data

The historical data trend for World Flex 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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World Flex PCL Days Payable Chart

World Flex PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

39.35

37.83

35.87

32.02

30.04

World Flex PCL Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial											34.64	35.21	33.84	31.83	34.72

Competitive Comparison of World Flex PCL's Days Payable

For the Textile Manufacturing subindustry, World Flex 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.

World Flex PCL's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

World Flex 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.

World Flex 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
=	( (229.542	+	228.003)	/	2 )	/	2779.617	*	365
=	228.7725					/	2779.617	*	365
=	30.04

World Flex 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
=	( (228.003	+	365.024)	/	2 )	/	779.261	*	365 / 4
=	296.5135					/	779.261	*	365 / 4
=	34.72

World Flex PCL Days Payable Related Terms

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World Flex PCL (BKK:WFX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » World Flex PCL (BKK:WFX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pluakdaeng Road, 59/1 moo 5, Tambol Manam Koo, Amphur Pluakdaeng, Rayong, THA, 10260

Website

https://www.worldflex.net

World Flex PCL is engaged in the manufacturing of high-quality rubber thread. It is engaged in the manufacture and sales of latex thread.

World Flex PCL (BKK:WFX) Headlines

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