PP Pack Making JSC

PP Pack Making JSC Payables Turnover

The Payables Turnover Ratio of PP Pack Making JSC (HPB.VN) as of Nov 5, 2026 is 25.90. In the previous year, Payables Turnover Ratio was 23.14 — a change of 11.92% (higher).

Payables Turnover

25.90

YoY

11.92%

Last updated:

Payables Turnover Ratio of PP Pack Making JSC is 2024 25.90 . Payables Turnover Ratio of PP Pack Making JSC was 2023 23.14 . It decreases by 11.92% higher compared to the previous year.

The PP Pack Making JSC Payables Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Payables Turnover
Date
Payables Turnover
Jan 1, 2017
11.14 VND
Jan 1, 2018
13.26 VND
Jan 1, 2019
15.74 VND
Jan 1, 2020
10.60 VND
Jan 1, 2021
13.48 VND
Jan 1, 2022
18.78 VND
Jan 1, 2023
23.14 VND
Jan 1, 2024
25.90 VND
The PP Pack Making JSC Payables Turnover history
YEARPayables TurnoverYoY
25.90+11.92%
23.14+23.25%
18.78+39.26%
13.48+27.27%
10.60-32.68%
15.74+18.73%
13.26+19.01%
11.14-58.79%
27.03+115.87%
12.52+139.19%
5.23—

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PP Pack Making JSC Stock analysis

What does PP Pack Making JSC do? PP Pack Making JSC designs, produces, and sells polypropylene packaging bags under the HAIPAC brand. The company supplies its products to manufacturers of foods, animal feeds, agricultural chemicals, and garment products. Through its subsidiaries, PP Pack also engages in wholesale of industrial machinery and equipment and provides ground transportation services. The firm's primary revenue streams come from the sale of HAIPAC-branded packaging bags to industrial clients in the food, feed, chemical, and textile sectors. HAIPAC is the key brand driving sales, targeting manufacturers across multiple industries that require packaging solutions. The company's subsidiaries support additional revenue through industrial machinery wholesale and ground transportation services, complementing the core packaging business. These services cater to industrial clients needing logistics and equipment solutions alongside their packaging needs. PP Pack Making JSC's business model centers on manufacturing polypropylene packaging bags for diverse industrial applications. The HAIPAC brand serves as the main product line, while subsidiaries handle complementary services like machinery wholesale and transportation. This structure allows the company to address multiple customer segments within the industrial supply chain. PP Pack Making JSC is one of the most popular companies on Eulerpool.

Frequently Asked Questions about PP Pack Making JSC stock

Payables Turnover Ratio of PP Pack Making JSC is 25.90 in 2024.

Payables Turnover Ratio of PP Pack Making JSC changed from 23.14 to 25.90, representing a 11.92% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Payables Turnover Ratio PP Pack Making JSC since 2006 – with annual values, charts, and detailed analysis.

Payables turnover measures how quickly a company pays its suppliers. Lower turnover may indicate better payment terms or cash flow management.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Payables Turnover Ratio's PP Pack Making JSC with sector peers and the industry average to assess whether it is attractive.

To evaluate Payables Turnover Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Payables Turnover Ratio.

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Profitability — PP Pack Making JSC

All Key Metrics — PP Pack Making JSC