Namsun Aluminium Co (XKRX:008350) Days Payable : 56.19 (As of Mar. 2024)

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What is Namsun Aluminium Co Days Payable?

Namsun Aluminium Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩40,577 Mil. Namsun Aluminium Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩65,900 Mil. Hence, Namsun Aluminium Co's Days Payable for the three months ended in Mar. 2024 was 56.19.

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

XKRX:008350' s Days Payable Range Over the Past 10 Years
Min: 30.9 Med: 33.71 Max: 40.9
Current: 40.9

During the past 13 years, Namsun Aluminium Co's highest Days Payable was 40.90. The lowest was 30.90. And the median was 33.71.

XKRX:008350's Days Payable is ranked worse than
80.06% of 1068 companies
in the Metals & Mining industry
Industry Median: 133.65 vs XKRX:008350: 40.90

Namsun Aluminium Co's Days Payable increased from Mar. 2023 (36.44) to Mar. 2024 (56.19). It may suggest that Namsun Aluminium Co delayed paying its suppliers.

Namsun Aluminium Co Days Payable Historical Data

The historical data trend for Namsun Aluminium Co'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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Namsun Aluminium Co Days Payable Chart

Namsun Aluminium Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

33.93

35.07

38.64

32.61

38.93

Namsun Aluminium Co 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															36.44	37.86	43.26	48.26	56.19

Competitive Comparison of Namsun Aluminium Co's Days Payable

For the Aluminum subindustry, Namsun Aluminium Co'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.

Namsun Aluminium Co's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Namsun Aluminium Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Namsun Aluminium Co's Days Payable falls into.

Namsun Aluminium Co 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.

Namsun Aluminium Co'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
=	( (19719.088	+	40577.009)	/	2 )	/	282658.926	*	365
=	30148.0485					/	282658.926	*	365
=	38.93

Namsun Aluminium Co'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
=	( (40577.009	+	0)	/	1 )	/	65900.247	*	365 / 4
=	40577.009					/	65900.247	*	365 / 4
=	56.19

Namsun Aluminium Co Days Payable Related Terms

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Namsun Aluminium Co (XKRX:008350) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Namsun Aluminium Co Ltd (XKRX:008350) » Definitions » Days Payable

Traded in Other Exchanges

008355:Korea

Address

29-13 Bonri-ri, Nongong-eup, Daegu, KOR, 711-855

Website

http://www.namsun.co.kr

Namsun Aluminium Co Ltd manufactures aluminum products and automobile components. The company's head office and factory are located in Daegu. In 2008, The company established a holding company.

Namsun Aluminium Co (XKRX:008350) Headlines

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