Vietnam Construction and Import-Export Joint Stock (STC:VCG) Days Payable : 92.42 (As of Mar. 2024)

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What is Vietnam Construction and Import-Export Joint Stock Days Payable?

Vietnam Construction and Import-Export Joint Stock's average Accounts Payable for the three months ended in Mar. 2024 was ₫1,919,825 Mil. Vietnam Construction and Import-Export Joint Stock's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫1,895,493 Mil. Hence, Vietnam Construction and Import-Export Joint Stock's Days Payable for the three months ended in Mar. 2024 was 92.42.

The historical rank and industry rank for Vietnam Construction and Import-Export Joint Stock's Days Payable or its related term are showing as below:

STC:VCG' s Days Payable Range Over the Past 10 Years
Min: 62.46 Med: 131.96 Max: 208.63
Current: 62.46

During the past 13 years, Vietnam Construction and Import-Export Joint Stock's highest Days Payable was 208.63. The lowest was 62.46. And the median was 131.96.

STC:VCG's Days Payable is ranked better than
53.28% of 473 companies
in the Conglomerates industry
Industry Median: 59.54 vs STC:VCG: 62.46

Vietnam Construction and Import-Export Joint Stock's Days Payable declined from Mar. 2023 (129.38) to Mar. 2024 (92.42). It may suggest that Vietnam Construction and Import-Export Joint Stock accelerated paying its suppliers.

Vietnam Construction and Import-Export Joint Stock Days Payable Historical Data

The historical data trend for Vietnam Construction and Import-Export Joint Stock'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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Vietnam Construction and Import-Export Joint Stock Days Payable Chart

Vietnam Construction and Import-Export Joint Stock Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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121.12

174.44

142.44

105.24

75.09

Vietnam Construction and Import-Export Joint Stock 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															129.38	47.94	80.82	54.73	92.42

Competitive Comparison of Vietnam Construction and Import-Export Joint Stock's Days Payable

For the Conglomerates subindustry, Vietnam Construction and Import-Export Joint Stock'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.

Vietnam Construction and Import-Export Joint Stock's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Vietnam Construction and Import-Export Joint Stock's Days Payable distribution charts can be found below:

* The bar in red indicates where Vietnam Construction and Import-Export Joint Stock's Days Payable falls into.

Vietnam Construction and Import-Export Joint Stock 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.

Vietnam Construction and Import-Export Joint Stock'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
=	( (2501648.502	+	2239748.239)	/	2 )	/	11522823.128	*	365
=	2370698.3705					/	11522823.128	*	365
=	75.09

Vietnam Construction and Import-Export Joint Stock'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
=	( (2239748.239	+	1599902.629)	/	2 )	/	1895493.045	*	365 / 4
=	1919825.434					/	1895493.045	*	365 / 4
=	92.42

Vietnam Construction and Import-Export Joint Stock Days Payable Related Terms

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Vietnam Construction and Import-Export Joint Stock (STC:VCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Vietnam Construction and Import-Export Joint Stock Corp (STC:VCG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vinaconex Building, 34 Lang Ha, Dong Da, Hanoi, VNM

Website

http://www.vinaconex.com.vn

Vietnam Construction and Import-Export Joint Stock Corp is engaged in the real estate business, building material business, and finance business.

Vietnam Construction and Import-Export Joint Stock (STC:VCG) Headlines

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