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Ho Chi Minh City Infrastructure Investment JSC (STC:CII) Days Payable : 125.55 (As of Mar. 2024)


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What is Ho Chi Minh City Infrastructure Investment JSC Days Payable?

Ho Chi Minh City Infrastructure Investment JSC's average Accounts Payable for the three months ended in Mar. 2024 was ₫559,462 Mil. Ho Chi Minh City Infrastructure Investment JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫406,602 Mil. Hence, Ho Chi Minh City Infrastructure Investment JSC's Days Payable for the three months ended in Mar. 2024 was 125.55.

The historical rank and industry rank for Ho Chi Minh City Infrastructure Investment JSC's Days Payable or its related term are showing as below:

STC:CII' s Days Payable Range Over the Past 10 Years
Min: 44.86   Med: 76.69   Max: 148.68
Current: 76.62

During the past 13 years, Ho Chi Minh City Infrastructure Investment JSC's highest Days Payable was 148.68. The lowest was 44.86. And the median was 76.69.

STC:CII's Days Payable is ranked better than
50.41% of 1599 companies
in the Construction industry
Industry Median: 75.97 vs STC:CII: 76.62

Ho Chi Minh City Infrastructure Investment JSC's Days Payable increased from Mar. 2023 (77.60) to Mar. 2024 (125.55). It may suggest that Ho Chi Minh City Infrastructure Investment JSC delayed paying its suppliers.


Ho Chi Minh City Infrastructure Investment JSC Days Payable Historical Data

The historical data trend for Ho Chi Minh City Infrastructure Investment 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.

* Premium members only.

Ho Chi Minh City Infrastructure Investment JSC Days Payable Chart

Ho Chi Minh City Infrastructure Investment JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 148.68 44.86 95.63 47.73 100.06

Ho Chi Minh City Infrastructure Investment 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 77.60 43.51 50.17 105.33 125.55

Competitive Comparison of Ho Chi Minh City Infrastructure Investment JSC's Days Payable

For the Engineering & Construction subindustry, Ho Chi Minh City Infrastructure Investment 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.


Ho Chi Minh City Infrastructure Investment JSC's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ho Chi Minh City Infrastructure Investment JSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Ho Chi Minh City Infrastructure Investment JSC's Days Payable falls into.



Ho Chi Minh City Infrastructure Investment 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.

Ho Chi Minh City Infrastructure Investment 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
=( (473620.46 + 587065.804) / 2 ) / 1934641.231*365
=530343.132 / 1934641.231*365
=100.06

Ho Chi Minh City Infrastructure Investment 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
=( (587065.804 + 531857.556) / 2 ) / 406602.008*365 / 4
=559461.68 / 406602.008*365 / 4
=125.55

* 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.


Ho Chi Minh City Infrastructure Investment JSC Days Payable Related Terms

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Ho Chi Minh City Infrastructure Investment JSC (STC:CII) Business Description

Traded in Other Exchanges
N/A
Address
50 Ton That Dam Street, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City, VNM
Ho Chi Minh City Infrastructure Investment JSC engages in construction, development, and operation of infrastructure projects. The investment activities of the company include bridge and road, water, and real estate. Some of the projects of the company include Hanoi highway expansion phrase 2, Saigon 2 bridge, rach chiec bridge, rach mieu bridge phrase 2, tan hiep 2 water plant project, diamond riverside building project, and lu gia building project.

Ho Chi Minh City Infrastructure Investment JSC (STC:CII) Headlines

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