Development Investment Construction JSC (STC:DIG) Days Payable : 766.98 (As of Mar. 2024)

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What is Development Investment Construction JSC Days Payable?

Development Investment Construction JSC's average Accounts Payable for the three months ended in Mar. 2024 was ₫431,141 Mil. Development Investment Construction JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫51,294 Mil. Hence, Development Investment Construction JSC's Days Payable for the three months ended in Mar. 2024 was 766.98.

The historical rank and industry rank for Development Investment Construction JSC's Days Payable or its related term are showing as below:

STC:DIG' s Days Payable Range Over the Past 10 Years
Min: 49.6 Med: 85.99 Max: 257.13
Current: 229.99

During the past 13 years, Development Investment Construction JSC's highest Days Payable was 257.13. The lowest was 49.60. And the median was 85.99.

STC:DIG's Days Payable is ranked better than
85.18% of 1606 companies
in the Construction industry
Industry Median: 76.71 vs STC:DIG: 229.99

Development Investment Construction JSC's Days Payable increased from Mar. 2023 (236.22) to Mar. 2024 (766.98). It may suggest that Development Investment Construction JSC delayed paying its suppliers.

Development Investment Construction JSC Days Payable Historical Data

The historical data trend for Development Investment Construction 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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Development Investment Construction JSC Days Payable Chart

Development Investment Construction JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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73.65

68.38

69.09

102.22

225.13

Development Investment Construction 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															236.22	290.47	243.38	137.74	766.98

Competitive Comparison of Development Investment Construction JSC's Days Payable

For the Infrastructure Operations subindustry, Development Investment Construction 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.

Development Investment Construction JSC's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Development Investment Construction JSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Development Investment Construction JSC's Days Payable falls into.

Development Investment Construction 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.

Development Investment Construction 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
=	( (420025.241	+	544872.136)	/	2 )	/	782177.229	*	365
=	482448.6885					/	782177.229	*	365
=	225.13

Development Investment Construction 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
=	( (544872.136	+	317409.546)	/	2 )	/	51293.9	*	365 / 4
=	431140.841					/	51293.9	*	365 / 4
=	766.98

Development Investment Construction JSC Days Payable Related Terms

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Development Investment Construction JSC (STC:DIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Development Investment Construction JSC (STC:DIG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

265 Le Hong Phong, Ward 8, Vung Tau, VNM

Website

http://www.dic.vn

Development Investment Construction JSC is involved in the construction of industrial, civil, and technical projects, as well as infrastructures, industrial zones, transport and irrigation works. In addition, the company manufactures and trades in construction materials and construction related item.

Development Investment Construction JSC (STC:DIG) Headlines

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