Y2 Solution Co (XKRX:011690) Days Payable : 31.23 (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Y2 Solution Co Days Payable?

Y2 Solution Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩12,217 Mil. Y2 Solution Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩35,698 Mil. Hence, Y2 Solution Co's Days Payable for the three months ended in Mar. 2024 was 31.23.

The historical rank and industry rank for Y2 Solution Co's Days Payable or its related term are showing as below:

XKRX:011690' s Days Payable Range Over the Past 10 Years
Min: 27.14 Med: 30.68 Max: 36.45
Current: 36.45

During the past 13 years, Y2 Solution Co's highest Days Payable was 36.45. The lowest was 27.14. And the median was 30.68.

XKRX:011690's Days Payable is ranked worse than
83.62% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs XKRX:011690: 36.45

Y2 Solution Co's Days Payable declined from Mar. 2023 (52.15) to Mar. 2024 (31.23). It may suggest that Y2 Solution Co accelerated paying its suppliers.

Y2 Solution Co Days Payable Historical Data

The historical data trend for Y2 Solution 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.

* Premium members only.

Y2 Solution Co Days Payable Chart

Y2 Solution Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

27.14

30.43

30.91

28.98

30.44

Y2 Solution 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															52.15	43.50	37.79	33.85	31.23

Competitive Comparison of Y2 Solution Co's Days Payable

For the Electrical Equipment & Parts subindustry, Y2 Solution 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.

Y2 Solution Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Y2 Solution Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Y2 Solution Co's Days Payable falls into.

Y2 Solution 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.

Y2 Solution 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
=	( (9166.757	+	10818.236)	/	2 )	/	119812.821	*	365
=	9992.4965					/	119812.821	*	365
=	30.44

Y2 Solution 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
=	( (10818.236	+	13615.432)	/	2 )	/	35698.341	*	365 / 4
=	12216.834					/	35698.341	*	365 / 4
=	31.23

Y2 Solution Co Days Payable Related Terms

Thank you for viewing the detailed overview of Y2 Solution Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Y2 Solution Co (XKRX:011690) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Y2 Solution Co Ltd (XKRX:011690) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

223 Yulam-gil, Paltan-myeon, Hwaseong-si, Gyeonggi-do, KOR, 445-913

Website

http://www.yuyang.co.kr

Y2 Solution Co Ltd, formerly Yuyang D&U Co Ltd engages in the manufacture and sale of power solutions and lighting products. Its products include a power supply unit, LED driver module, hybrid integrated circuit, and Ubiquitous, among others. It also offers petrochemical products.

Y2 Solution Co (XKRX:011690) Headlines

No Headlines