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Seohee Construction Co (XKRX:035890) Days Payable : 78.98 (As of Mar. 2024)


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What is Seohee Construction Co Days Payable?

Seohee Construction Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩254,535 Mil. Seohee Construction Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩294,073 Mil. Hence, Seohee Construction Co's Days Payable for the three months ended in Mar. 2024 was 78.98.

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

XKRX:035890' s Days Payable Range Over the Past 10 Years
Min: 49.12   Med: 63.34   Max: 108.94
Current: 77.3

During the past 13 years, Seohee Construction Co's highest Days Payable was 108.94. The lowest was 49.12. And the median was 63.34.

XKRX:035890's Days Payable is ranked better than
51.34% of 1603 companies
in the Construction industry
Industry Median: 75.21 vs XKRX:035890: 77.30

Seohee Construction Co's Days Payable declined from Mar. 2023 (103.72) to Mar. 2024 (78.98). It may suggest that Seohee Construction Co accelerated paying its suppliers.


Seohee Construction Co Days Payable Historical Data

The historical data trend for Seohee Construction 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.

Seohee Construction Co Days Payable Chart

Seohee Construction Co 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 60.47 81.57 95.44 108.94 106.56

Seohee Construction 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 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 103.72 75.14 88.09 83.09 78.98

Competitive Comparison of Seohee Construction Co's Days Payable

For the Engineering & Construction subindustry, Seohee Construction 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.


Seohee Construction Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Seohee Construction Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Seohee Construction Co's Days Payable falls into.



Seohee Construction 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.

Seohee Construction 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
=( (394705.424 + 277679.025) / 2 ) / 1151554.959*365
=336192.2245 / 1151554.959*365
=106.56

Seohee Construction 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
=( (277679.025 + 231391.582) / 2 ) / 294072.815*365 / 4
=254535.3035 / 294072.815*365 / 4
=78.98

* 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.


Seohee Construction Co Days Payable Related Terms

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Seohee Construction Co (XKRX:035890) Business Description

Traded in Other Exchanges
N/A
Address
South Ring Road 2583, Seo-hee Towers 13 Stories, Seocho-gu, Seocho-dong, Seoul, KOR
Seohee Construction Co Ltd operates as a construction company primarily in South Korea. It primarily undertakes housing, enforcement, redevelopment, reconstruction, officetels, public apartment, civil engineering, and environment projects, as well as other private contracts. It also invests in environment conservation and environmental projects for the development of new and renewable energy.

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