Semyung Electric Machinery Co (XKRX:017510) Days Payable : 31.05 (As of Mar. 2024)

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What is Semyung Electric Machinery Co Days Payable?

Semyung Electric Machinery Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩668 Mil. Semyung Electric Machinery Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩1,964 Mil. Hence, Semyung Electric Machinery Co's Days Payable for the three months ended in Mar. 2024 was 31.05.

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

XKRX:017510' s Days Payable Range Over the Past 10 Years
Min: 21.57 Med: 34.25 Max: 43.39
Current: 33.17

During the past 13 years, Semyung Electric Machinery Co's highest Days Payable was 43.39. The lowest was 21.57. And the median was 34.25.

XKRX:017510's Days Payable is ranked worse than
86.51% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs XKRX:017510: 33.17

Semyung Electric Machinery Co's Days Payable declined from Mar. 2023 (31.36) to Mar. 2024 (31.05). It may suggest that Semyung Electric Machinery Co accelerated paying its suppliers.

Semyung Electric Machinery Co Days Payable Historical Data

The historical data trend for Semyung Electric Machinery 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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Semyung Electric Machinery Co Days Payable Chart

Semyung Electric Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

33.31

36.98

23.07

21.57

35.19

Semyung Electric Machinery 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															31.36	34.81	39.28	35.10	31.05

Competitive Comparison of Semyung Electric Machinery Co's Days Payable

For the Electrical Equipment & Parts subindustry, Semyung Electric Machinery 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.

Semyung Electric Machinery Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Semyung Electric Machinery Co's Days Payable falls into.

Semyung Electric Machinery 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.

Semyung Electric Machinery 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
=	( (659.72	+	991.227)	/	2 )	/	8563.052	*	365
=	825.4735					/	8563.052	*	365
=	35.19

Semyung Electric Machinery 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
=	( (991.227	+	345.619)	/	2 )	/	1964.187	*	365 / 4
=	668.423					/	1964.187	*	365 / 4
=	31.05

Semyung Electric Machinery Co Days Payable Related Terms

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Semyung Electric Machinery Co (XKRX:017510) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Semyung Electric Machinery Co Ltd (XKRX:017510) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

263-2 Hakjang-dong, Sasang-gu, Busan Metropolitan City, KOR, 617-844

Website

http://www.semyung-elec.com

Semyung Electric Machinery Co Ltd engaged in the manufacturing of fabricated metal products. It specializes in manufacturing electric power fittings used for electricity transmission and distribution. Its products include electric transmission line fittings used in electric power systems; sectional beams applied to mono and multi-filament, nylon, polyester, and other textile industry, as well as catenary fittings and connection fittings used for subway and railway.

Semyung Electric Machinery Co (XKRX:017510) Headlines

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