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Dongil Technology (XKRX:032960) Days Payable : 16.11 (As of Mar. 2024)


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What is Dongil Technology Days Payable?

Dongil Technology's average Accounts Payable for the three months ended in Mar. 2024 was ₩654 Mil. Dongil Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩3,705 Mil. Hence, Dongil Technology's Days Payable for the three months ended in Mar. 2024 was 16.11.

The historical rank and industry rank for Dongil Technology's Days Payable or its related term are showing as below:

XKRX:032960' s Days Payable Range Over the Past 10 Years
Min: 16.31   Med: 19.59   Max: 26.98
Current: 16.86

During the past 13 years, Dongil Technology's highest Days Payable was 26.98. The lowest was 16.31. And the median was 19.59.

XKRX:032960's Days Payable is ranked worse than
96.29% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs XKRX:032960: 16.86

Dongil Technology's Days Payable declined from Mar. 2023 (17.64) to Mar. 2024 (16.11). It may suggest that Dongil Technology accelerated paying its suppliers.


Dongil Technology Days Payable Historical Data

The historical data trend for Dongil Technology'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.

Dongil Technology Days Payable Chart

Dongil Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.76 20.06 16.31 17.79 16.43

Dongil Technology 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.64 17.64 18.05 14.72 16.11

Competitive Comparison of Dongil Technology's Days Payable

For the Electrical Equipment & Parts subindustry, Dongil Technology'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.


Dongil Technology's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Dongil Technology's Days Payable falls into.



Dongil Technology 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.

Dongil Technology'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
=( (848.44 + 556.501) / 2 ) / 15610.175*365
=702.4705 / 15610.175*365
=16.43

Dongil Technology'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
=( (556.501 + 751.722) / 2 ) / 3705.324*365 / 4
=654.1115 / 3705.324*365 / 4
=16.11

* 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.


Dongil Technology Days Payable Related Terms

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Dongil Technology (XKRX:032960) Business Description

Traded in Other Exchanges
N/A
Address
28, Namyang-ro 930beon-gil, Gyeonggi-do, Hwaseong-si, KOR
Dongil Technology Ltd is engaged in manufacturing and selling components, ESD ionizers/sensors, and medical devices in South Korea. It offers EMI/EMC filters, including 2-phase, 3-phase, PLC decoupling, and DC filters, as well as surge protectors; choke coils comprising common mode, differential mode, and harmonics; and appliance inlets/outlets and power entry modules. The company also provides piezo ceramics, Ionizer Units, and High Voltage Power supplies.

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