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DSR Wire (XKRX:069730) Days Payable : 26.85 (As of Mar. 2024)


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What is DSR Wire Days Payable?

DSR Wire's average Accounts Payable for the three months ended in Mar. 2024 was ₩11,906 Mil. DSR Wire's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩40,465 Mil. Hence, DSR Wire's Days Payable for the three months ended in Mar. 2024 was 26.85.

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

XKRX:069730' s Days Payable Range Over the Past 10 Years
Min: 19.3   Med: 22.71   Max: 27.09
Current: 23.56

During the past 13 years, DSR Wire's highest Days Payable was 27.09. The lowest was 19.30. And the median was 22.71.

XKRX:069730's Days Payable is ranked worse than
92.85% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs XKRX:069730: 23.56

DSR Wire's Days Payable increased from Mar. 2023 (23.55) to Mar. 2024 (26.85). It may suggest that DSR Wire delayed paying its suppliers.


DSR Wire Days Payable Historical Data

The historical data trend for DSR Wire'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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DSR Wire Days Payable Chart

DSR Wire 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 21.96 24.40 22.89 19.30 23.76

DSR Wire 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 23.55 23.36 19.53 22.84 26.85

Competitive Comparison of DSR Wire's Days Payable

For the Electrical Equipment & Parts subindustry, DSR Wire'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.


DSR Wire's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where DSR Wire's Days Payable falls into.



DSR Wire 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.

DSR Wire'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
=( (9644.414 + 12957.67) / 2 ) / 173610.268*365
=11301.042 / 173610.268*365
=23.76

DSR Wire'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
=( (12957.67 + 10854.743) / 2 ) / 40465.459*365 / 4
=11906.2065 / 40465.459*365 / 4
=26.85

* 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.


DSR Wire Days Payable Related Terms

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DSR Wire (XKRX:069730) Business Description

Traded in Other Exchanges
N/A
Address
Woosin Building 7F, 646-5 Yeoksam-dong, Gangnam-gu, Seoul, KOR, 135-911
DSR Wire Corp is a South Korean company operating in electronic component industry. The company is engaged in manufacturing of different types of steel wires.

DSR Wire (XKRX:069730) Headlines

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