NextEye CO (XKRX:137940) Days Payable : 2.97 (As of Mar. 2024)

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What is NextEye CO Days Payable?

NextEye CO's average Accounts Payable for the three months ended in Mar. 2024 was ₩227 Mil. NextEye CO's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩6,976 Mil. Hence, NextEye CO's Days Payable for the three months ended in Mar. 2024 was 2.97.

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

XKRX:137940' s Days Payable Range Over the Past 10 Years
Min: 18.56 Med: 51.54 Max: 80.05
Current: 18.56

During the past 13 years, NextEye CO's highest Days Payable was 80.05. The lowest was 18.56. And the median was 51.54.

XKRX:137940's Days Payable is ranked worse than
92.31% of 2418 companies
in the Hardware industry
Industry Median: 67.94 vs XKRX:137940: 18.56

NextEye CO's Days Payable declined from Mar. 2023 (21.30) to Mar. 2024 (2.97). It may suggest that NextEye CO accelerated paying its suppliers.

NextEye CO Days Payable Historical Data

The historical data trend for NextEye 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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NextEye CO Days Payable Chart

NextEye CO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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65.14

72.95

33.52

26.45

20.55

NextEye 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															21.30	53.53	32.19	16.08	2.97

Competitive Comparison of NextEye CO's Days Payable

For the Electronic Components subindustry, NextEye 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.

NextEye CO's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where NextEye CO's Days Payable falls into.

NextEye 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.

NextEye 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
=	( (1549.871	+	342.829)	/	2 )	/	16806.804	*	365
=	946.35					/	16806.804	*	365
=	20.55

NextEye 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
=	( (342.829	+	111.483)	/	2 )	/	6976.49	*	365 / 4
=	227.156					/	6976.49	*	365 / 4
=	2.97

NextEye CO Days Payable Related Terms

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NextEye CO (XKRX:137940) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NextEye CO LTD (XKRX:137940) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Venture Digm 512, 126-1 Pyeongchon, Dongan, Anyang, KOR, 431-755

Website

http://www.nexteye.com

NextEye CO LTD manufactures industrial process control equipment. It is engaged in manufacturing of various types of inspection equipment used in process of LCD products and its components. The company uses Machine Vision technology and produces BLU, GECD inspection equipment.

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