Lam Thao Fertilizers and Chemicals JSC (HSTC:LAS) Days Payable : 14.94 (As of Mar. 2024)

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What is Lam Thao Fertilizers and Chemicals JSC Days Payable?

Lam Thao Fertilizers and Chemicals JSC's average Accounts Payable for the three months ended in Mar. 2024 was ₫211,917 Mil. Lam Thao Fertilizers and Chemicals JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫1,294,479 Mil. Hence, Lam Thao Fertilizers and Chemicals JSC's Days Payable for the three months ended in Mar. 2024 was 14.94.

The historical rank and industry rank for Lam Thao Fertilizers and Chemicals JSC's Days Payable or its related term are showing as below:

HSTC:LAS' s Days Payable Range Over the Past 10 Years
Min: 23.63 Med: 56.3 Max: 85.62
Current: 23.63

During the past 13 years, Lam Thao Fertilizers and Chemicals JSC's highest Days Payable was 85.62. The lowest was 23.63. And the median was 56.30.

HSTC:LAS's Days Payable is ranked worse than
87.29% of 236 companies
in the Agriculture industry
Industry Median: 75.02 vs HSTC:LAS: 23.63

Lam Thao Fertilizers and Chemicals JSC's Days Payable declined from Mar. 2023 (21.34) to Mar. 2024 (14.94). It may suggest that Lam Thao Fertilizers and Chemicals JSC accelerated paying its suppliers.

Lam Thao Fertilizers and Chemicals JSC Days Payable Historical Data

The historical data trend for Lam Thao Fertilizers and Chemicals JSC'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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Lam Thao Fertilizers and Chemicals JSC Days Payable Chart

Lam Thao Fertilizers and Chemicals JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

85.62

69.96

40.03

38.90

35.20

Lam Thao Fertilizers and Chemicals JSC 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															21.34	27.10	22.74	52.80	14.94

Competitive Comparison of Lam Thao Fertilizers and Chemicals JSC's Days Payable

For the Agricultural Inputs subindustry, Lam Thao Fertilizers and Chemicals JSC'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.

Lam Thao Fertilizers and Chemicals JSC's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Lam Thao Fertilizers and Chemicals JSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Lam Thao Fertilizers and Chemicals JSC's Days Payable falls into.

Lam Thao Fertilizers and Chemicals JSC 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.

Lam Thao Fertilizers and Chemicals JSC'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
=	( (278350.582	+	277713.413)	/	2 )	/	2883408.345	*	365
=	278031.9975					/	2883408.345	*	365
=	35.20

Lam Thao Fertilizers and Chemicals JSC'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
=	( (277713.413	+	146120.572)	/	2 )	/	1294479.156	*	365 / 4
=	211916.9925					/	1294479.156	*	365 / 4
=	14.94

Lam Thao Fertilizers and Chemicals JSC Days Payable Related Terms

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Lam Thao Fertilizers and Chemicals JSC (HSTC:LAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Lam Thao Fertilizers and Chemicals JSC (HSTC:LAS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lam Thao town, Phu Tho Province, Lam Thao, VNM

Website

http://www.supelamthao.vn

Lam Thao Fertilizers and Chemicals JSC is a Taiwan based company engaged in manufacturing and trading of fertilizers and chemicals. The company's product categories include superphosphate, NPK-S, acid sulfuric, pour melted and other products.

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