Ssang Yong Informationmmunications (XKRX:010280) Days Payable : 59.02 (As of Mar. 2024)

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What is Ssang Yong Informationmmunications Days Payable?

Ssang Yong Informationmmunications's average Accounts Payable for the three months ended in Mar. 2024 was ₩38,512 Mil. Ssang Yong Informationmmunications's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩59,543 Mil. Hence, Ssang Yong Informationmmunications's Days Payable for the three months ended in Mar. 2024 was 59.02.

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

XKRX:010280' s Days Payable Range Over the Past 10 Years
Min: 50.11 Med: 76.41 Max: 111.37
Current: 50.69

During the past 13 years, Ssang Yong Informationmmunications's highest Days Payable was 111.37. The lowest was 50.11. And the median was 76.41.

XKRX:010280's Days Payable is ranked better than
50.28% of 2532 companies
in the Software industry
Industry Median: 50.275 vs XKRX:010280: 50.69

Ssang Yong Informationmmunications's Days Payable increased from Mar. 2023 (51.30) to Mar. 2024 (59.02). It may suggest that Ssang Yong Informationmmunications delayed paying its suppliers.

Ssang Yong Informationmmunications Days Payable Historical Data

The historical data trend for Ssang Yong Informationmmunications'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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Ssang Yong Informationmmunications Days Payable Chart

Ssang Yong Informationmmunications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

61.17

70.72

50.11

63.94

58.59

Ssang Yong Informationmmunications 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															51.30	44.37	28.87	49.23	59.02

Competitive Comparison of Ssang Yong Informationmmunications's Days Payable

For the Information Technology Services subindustry, Ssang Yong Informationmmunications'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.

Ssang Yong Informationmmunications's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Ssang Yong Informationmmunications's Days Payable distribution charts can be found below:

* The bar in red indicates where Ssang Yong Informationmmunications's Days Payable falls into.

Ssang Yong Informationmmunications 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.

Ssang Yong Informationmmunications'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
=	( (71260.557	+	38512.451)	/	2 )	/	341950.968	*	365
=	54886.504					/	341950.968	*	365
=	58.59

Ssang Yong Informationmmunications'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
=	( (38512.451	+	0)	/	1 )	/	59543.203	*	365 / 4
=	38512.451					/	59543.203	*	365 / 4
=	59.02

Ssang Yong Informationmmunications Days Payable Related Terms

Thank you for viewing the detailed overview of Ssang Yong Informationmmunications's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Ssang Yong Informationmmunications (XKRX:010280) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ssang Yong Information & Communications Corp (XKRX:010280) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ssangyong Building, 24-1, 2-ga, Jeo-dong, Jung-gu, Seoul, KOR, 100-748

Website

http://www.sicc.co.kr

Ssang Yong Information & Communications Corp is an information technology service provider in South Korea. The business areas of the company are system integration, software development and consulting, network integration, and package software development.

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