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Dong Hai JSC of Ben Tre (STC:DHC) Days Payable : 45.08 (As of Mar. 2024)


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What is Dong Hai JSC of Ben Tre Days Payable?

Dong Hai JSC of Ben Tre's average Accounts Payable for the three months ended in Mar. 2024 was ₫349,085 Mil. Dong Hai JSC of Ben Tre's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫706,667 Mil. Hence, Dong Hai JSC of Ben Tre's Days Payable for the three months ended in Mar. 2024 was 45.08.

The historical rank and industry rank for Dong Hai JSC of Ben Tre's Days Payable or its related term are showing as below:

STC:DHC' s Days Payable Range Over the Past 10 Years
Min: 37.32   Med: 47.92   Max: 55.34
Current: 47.28

During the past 6 years, Dong Hai JSC of Ben Tre's highest Days Payable was 55.34. The lowest was 37.32. And the median was 47.92.

STC:DHC's Days Payable is ranked worse than
60.79% of 278 companies
in the Forest Products industry
Industry Median: 57.6 vs STC:DHC: 47.28

Dong Hai JSC of Ben Tre's Days Payable declined from Mar. 2023 (68.84) to Mar. 2024 (45.08). It may suggest that Dong Hai JSC of Ben Tre accelerated paying its suppliers.


Dong Hai JSC of Ben Tre Days Payable Historical Data

The historical data trend for Dong Hai JSC of Ben Tre'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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Dong Hai JSC of Ben Tre Days Payable Chart

Dong Hai JSC of Ben Tre Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 50.26 49.83 37.32 46.01 55.34

Dong Hai JSC of Ben Tre 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 68.84 55.02 37.52 38.44 45.08

Competitive Comparison of Dong Hai JSC of Ben Tre's Days Payable

For the Paper & Paper Products subindustry, Dong Hai JSC of Ben Tre'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.


Dong Hai JSC of Ben Tre's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Dong Hai JSC of Ben Tre's Days Payable distribution charts can be found below:

* The bar in red indicates where Dong Hai JSC of Ben Tre's Days Payable falls into.



Dong Hai JSC of Ben Tre 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.

Dong Hai JSC of Ben Tre'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
=( (532623.989 + 302930.878) / 2 ) / 2755379.719*365
=417777.4335 / 2755379.719*365
=55.34

Dong Hai JSC of Ben Tre'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
=( (302930.878 + 395239.862) / 2 ) / 706666.682*365 / 4
=349085.37 / 706666.682*365 / 4
=45.08

* 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.


Dong Hai JSC of Ben Tre Days Payable Related Terms

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Dong Hai JSC of Ben Tre (STC:DHC) Business Description

Traded in Other Exchanges
N/A
Address
Lot AIII, Giao Long Industrial Zone, An Phuoc Commune, Chau Thanh District, Ben Tre city, VNM
Dong Hai JSC of Ben Tre specializes in manufacturing and trading all kinds of industrial paper and carton packaging products.

Dong Hai JSC of Ben Tre (STC:DHC) Headlines