Y-Optics Manufacture Co (XKRX:066430) Days Payable : 19.48 (As of Mar. 2024)

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What is Y-Optics Manufacture Co Days Payable?

Y-Optics Manufacture Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩1,666 Mil. Y-Optics Manufacture Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩7,807 Mil. Hence, Y-Optics Manufacture Co's Days Payable for the three months ended in Mar. 2024 was 19.48.

The historical rank and industry rank for Y-Optics Manufacture Co's Days Payable or its related term are showing as below:

XKRX:066430' s Days Payable Range Over the Past 10 Years
Min: 21.64 Med: 29.65 Max: 191.42
Current: 24.62

During the past 13 years, Y-Optics Manufacture Co's highest Days Payable was 191.42. The lowest was 21.64. And the median was 29.65.

XKRX:066430's Days Payable is ranked worse than
86.05% of 1505 companies
in the Chemicals industry
Industry Median: 61.03 vs XKRX:066430: 24.62

Y-Optics Manufacture Co's Days Payable declined from Mar. 2023 (21.83) to Mar. 2024 (19.48). It may suggest that Y-Optics Manufacture Co accelerated paying its suppliers.

Y-Optics Manufacture Co Days Payable Historical Data

The historical data trend for Y-Optics Manufacture 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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Y-Optics Manufacture Co Days Payable Chart

Y-Optics Manufacture Co Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

29.70

25.17

21.64

24.76

22.24

Y-Optics Manufacture 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															21.83	27.15	23.51	21.39	19.48

Competitive Comparison of Y-Optics Manufacture Co's Days Payable

For the Specialty Chemicals subindustry, Y-Optics Manufacture 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.

Y-Optics Manufacture Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Y-Optics Manufacture Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Y-Optics Manufacture Co's Days Payable falls into.

Y-Optics Manufacture 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.

Y-Optics Manufacture 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
=	( (2278.346	+	1666.404)	/	2 )	/	32368.028	*	365
=	1972.375					/	32368.028	*	365
=	22.24

Y-Optics Manufacture 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
=	( (1666.404	+	0)	/	1 )	/	7807.267	*	365 / 4
=	1666.404					/	7807.267	*	365 / 4
=	19.48

Y-Optics Manufacture Co Days Payable Related Terms

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Y-Optics Manufacture Co (XKRX:066430) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Y-Optics Manufacture Co Ltd (XKRX:066430) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

554 Nonhyeon-ro, Gangnam-gu, 4th Ffloor Yeoksam, Samsung building, Seoul, KOR, 06136

Website

http://www.yopticsm.com

Y-Optics Manufacture Co Ltd operates in the chemical industry in South Korea. The company is engaged in the manufacturing of synthetic resin and VCI film.

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