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Opticis Co (XKRX:109080) Days Payable : 36.53 (As of Mar. 2024)


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What is Opticis Co Days Payable?

Opticis Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩1,187 Mil. Opticis Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩2,965 Mil. Hence, Opticis Co's Days Payable for the three months ended in Mar. 2024 was 36.53.

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

XKRX:109080' s Days Payable Range Over the Past 10 Years
Min: 18.91   Med: 29.47   Max: 45.78
Current: 23.49

During the past 13 years, Opticis Co's highest Days Payable was 45.78. The lowest was 18.91. And the median was 29.47.

XKRX:109080's Days Payable is ranked worse than
92.94% of 2421 companies
in the Hardware industry
Industry Median: 67.87 vs XKRX:109080: 23.49

Opticis Co's Days Payable increased from Mar. 2023 (30.76) to Mar. 2024 (36.53). It may suggest that Opticis Co delayed paying its suppliers.


Opticis Co Days Payable Historical Data

The historical data trend for Opticis 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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Opticis Co Days Payable Chart

Opticis 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 24.68 18.91 21.17 29.08 31.28

Opticis 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 30.76 20.04 23.45 16.61 36.53

Competitive Comparison of Opticis Co's Days Payable

For the Communication Equipment subindustry, Opticis 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.


Opticis Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Opticis Co's Days Payable distribution charts can be found below:

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



Opticis 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.

Opticis 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
=( (1157.636 + 1186.959) / 2 ) / 13680.08*365
=1172.2975 / 13680.08*365
=31.28

Opticis 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
=( (1186.959 + 0) / 1 ) / 2965.076*365 / 4
=1186.959 / 2965.076*365 / 4
=36.53

* 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.


Opticis Co Days Payable Related Terms

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Opticis Co (XKRX:109080) Business Description

Traded in Other Exchanges
N/A
Address
7th Floor, Jeongjail-ro, Bundang-gu, Seonnam-si, Gyeonggi-do, KOR, 13558
Opticis Co Ltd., engaged in the manufacture of digital fiber optic link products used for computer, audio and video industries. The company's products include optical DVI extender, optical HDMI extender, and optical display port extender.

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