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SurplusGLOBAL (XKRX:140070) Days Payable : 6.91 (As of Mar. 2024)


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What is SurplusGLOBAL Days Payable?

SurplusGLOBAL's average Accounts Payable for the three months ended in Mar. 2024 was ₩2,441 Mil. SurplusGLOBAL's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩32,216 Mil. Hence, SurplusGLOBAL's Days Payable for the three months ended in Mar. 2024 was 6.91.

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

XKRX:140070' s Days Payable Range Over the Past 10 Years
Min: 2.52   Med: 5.66   Max: 14.45
Current: 9.16

During the past 10 years, SurplusGLOBAL's highest Days Payable was 14.45. The lowest was 2.52. And the median was 5.66.

XKRX:140070's Days Payable is ranked worse than
98.13% of 964 companies
in the Semiconductors industry
Industry Median: 51.61 vs XKRX:140070: 9.16

SurplusGLOBAL's Days Payable declined from Mar. 2023 (21.06) to Mar. 2024 (6.91). It may suggest that SurplusGLOBAL accelerated paying its suppliers.


SurplusGLOBAL Days Payable Historical Data

The historical data trend for SurplusGLOBAL'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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SurplusGLOBAL Days Payable Chart

SurplusGLOBAL 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 5.48 4.50 2.52 9.78 14.45

SurplusGLOBAL 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 21.06 20.54 5.53 2.97 6.91

Competitive Comparison of SurplusGLOBAL's Days Payable

For the Semiconductor Equipment & Materials subindustry, SurplusGLOBAL'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.


SurplusGLOBAL's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SurplusGLOBAL's Days Payable distribution charts can be found below:

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



SurplusGLOBAL 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.

SurplusGLOBAL'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
=( (8145.541 + 1889.941) / 2 ) / 126779.091*365
=5017.741 / 126779.091*365
=14.45

SurplusGLOBAL'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
=( (1889.941 + 2991.726) / 2 ) / 32215.655*365 / 4
=2440.8335 / 32215.655*365 / 4
=6.91

* 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.


SurplusGLOBAL Days Payable Related Terms

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SurplusGLOBAL (XKRX:140070) Business Description

Traded in Other Exchanges
N/A
Address
78-26, Gyeonggi-daero, Gyeonggi-do, Osan-si, KOR, 18145
SurplusGLOBAL Inc engages in the trading, refurbishment and reconfiguration, remarketing, valuation, auction, and rental of secondary equipment. It buys and sells secondary equipment in semiconductor front-end, back-end, display, LED, solar, medical, and other industries. The company's products include stepper, scanner, aligner, chip mounter, screen printer, reflow, auto inserter, inspection equipment, LCD TFT, and solar equipment.

SurplusGLOBAL (XKRX:140070) Headlines

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