Sri Trang Gloves Thailand PCL (SGX:STG) Days Payable : 32.27 (As of Dec. 2024)

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What is Sri Trang Gloves Thailand PCL Days Payable?

Sri Trang Gloves Thailand PCL's average Accounts Payable for the three months ended in Dec. 2024 was S$87.0 Mil. Sri Trang Gloves Thailand PCL's Cost of Goods Sold for the three months ended in Dec. 2024 was S$245.9 Mil. Hence, Sri Trang Gloves Thailand PCL's Days Payable for the three months ended in Dec. 2024 was 32.27.

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

SGX:STG' s Days Payable Range Over the Past 10 Years
Min: 24.52 Med: 27.9 Max: 33.33
Current: 30.04

During the past 10 years, Sri Trang Gloves Thailand PCL's highest Days Payable was 33.33. The lowest was 24.52. And the median was 27.90.

SGX:STG's Days Payable is ranked worse than
79.92% of 1509 companies
in the Chemicals industry
Industry Median: 58.22 vs SGX:STG: 30.04

Sri Trang Gloves Thailand PCL's Days Payable increased from Dec. 2023 (25.72) to Dec. 2024 (32.27). It may suggest that Sri Trang Gloves Thailand PCL delayed paying its suppliers.

Sri Trang Gloves Thailand PCL Days Payable Historical Data

The historical data trend for Sri Trang Gloves Thailand 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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Sri Trang Gloves Thailand PCL Days Payable Chart

Sri Trang Gloves Thailand PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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33.49

30.84

27.07

29.22

24.64

Sri Trang Gloves Thailand PCL Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															25.72	26.15	32.37	33.39	32.27

Competitive Comparison of Sri Trang Gloves Thailand PCL's Days Payable

For the Specialty Chemicals subindustry, Sri Trang Gloves Thailand 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.

Sri Trang Gloves Thailand PCL's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sri Trang Gloves Thailand PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Sri Trang Gloves Thailand PCL's Days Payable falls into.

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Sri Trang Gloves Thailand 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.

Sri Trang Gloves Thailand PCL's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (55.552	+	66.382)	/	2 )	/	903.057	*	365
=	60.967					/	903.057	*	365
=	24.64

Sri Trang Gloves Thailand PCL's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (107.536	+	66.382)	/	2 )	/	245.932	*	365 / 4
=	86.959					/	245.932	*	365 / 4
=	32.27

Sri Trang Gloves Thailand PCL Days Payable Related Terms

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Sri Trang Gloves Thailand PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sri Trang Gloves Thailand PCL (SGX:STG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

STGT:Thailand STGT-R:Thailand

Address

No. 110 Kanjanavanit Road, Pahtong, Hat Yai, Songkhla, THA, 90230

Website

https://www.sritranggloves.com

Sri Trang Gloves Thailand PCL manufactures and distributes rubber gloves. The company manufactures natural latex and nitrile examination gloves as well as general-purpose disposable gloves, both powdered and powder-free. There are two reportable segments such as Gloves and Other businesses. Gloves segment which also generates the majority of the revenue, manufactures and sells powdered, powder-free, and nitrile latex gloves. The other businesses segment includes the Engineering business which is engaged in the engineering services including research and development of machinery and production processes, and also providing information system services and the Financial asset management and financial investment. Operates in Asia, North America, South America, Europe.