FECON (STC:FCN) Days Payable : 138.68 (As of Mar. 2024)

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What is FECON Days Payable?

FECON's average Accounts Payable for the three months ended in Mar. 2024 was ₫782,388 Mil. FECON's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫514,814 Mil. Hence, FECON's Days Payable for the three months ended in Mar. 2024 was 138.68.

The historical rank and industry rank for FECON's Days Payable or its related term are showing as below:

STC:FCN' s Days Payable Range Over the Past 10 Years
Min: 78.58 Med: 118.36 Max: 150.6
Current: 107.63

During the past 13 years, FECON's highest Days Payable was 150.60. The lowest was 78.58. And the median was 118.36.

STC:FCN's Days Payable is ranked better than
65.98% of 1602 companies
in the Construction industry
Industry Median: 75.55 vs STC:FCN: 107.63

FECON's Days Payable increased from Mar. 2023 (132.03) to Mar. 2024 (138.68). It may suggest that FECON delayed paying its suppliers.

FECON Days Payable Historical Data

The historical data trend for FECON'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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FECON Days Payable Chart

FECON Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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113.24

128.28

126.39

119.35

120.71

FECON 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															132.03	112.13	127.96	78.39	138.68

Competitive Comparison of FECON's Days Payable

For the Engineering & Construction subindustry, FECON'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.

FECON's Days Payable Distribution in the Construction Industry

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

* The bar in red indicates where FECON's Days Payable falls into.

FECON 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.

FECON'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
=	( (709797.462	+	873889.743)	/	2 )	/	2394328.083	*	365
=	791843.6025					/	2394328.083	*	365
=	120.71

FECON'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
=	( (873889.743	+	690886.205)	/	2 )	/	514813.869	*	365 / 4
=	782387.974					/	514813.869	*	365 / 4
=	138.68

FECON Days Payable Related Terms

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FECON (STC:FCN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » FECON Corp (STC:FCN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot HH2-1 Me Tri Ha Urban Area, Pham Hung Street, 5th Floor, Building CEO, Me Tri Ward , Nam Tu Liem District, Hanoi, VNM

Website

http://www.fecon.com.vn

FECON Corp operates in the field of construction foundation in Vietnam. It functions as a professional contractor, providing comprehensive solutions for foundation work in the construction field. The company is involved in the business areas of construction, road construction, construction of waterway ports, monitoring, research and development, geotechnical consultancy, geological survey and foundation experiments, monitoring, background treatment, waterproofing underground works, construction of tunnel with shield, and production and construction of tunnel lining.