Asflow Co (XKRX:159010) Days Payable : 34.77 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Asflow Co Days Payable?

Asflow Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩7,740 Mil. Asflow Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩20,313 Mil. Hence, Asflow Co's Days Payable for the three months ended in Mar. 2024 was 34.77.

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

XKRX:159010' s Days Payable Range Over the Past 10 Years
Min: 41.16 Med: 46.72 Max: 74.43
Current: 43.78

During the past 7 years, Asflow Co's highest Days Payable was 74.43. The lowest was 41.16. And the median was 46.72.

XKRX:159010's Days Payable is ranked worse than
75.95% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs XKRX:159010: 43.78

Asflow Co's Days Payable declined from Mar. 2023 (55.25) to Mar. 2024 (34.77). It may suggest that Asflow Co accelerated paying its suppliers.

Asflow Co Days Payable Historical Data

The historical data trend for Asflow 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.

* Premium members only.

Asflow Co Days Payable Chart

Asflow Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

68.48

44.44

44.55

46.72

41.16

Asflow Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									55.25	52.68	54.62	30.63	34.77

Competitive Comparison of Asflow Co's Days Payable

For the Tools & Accessories subindustry, Asflow 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.

Asflow Co's Days Payable Distribution in the Industrial Products Industry

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

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

Asflow 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.

Asflow 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
=	( (9423.652	+	6505.885)	/	2 )	/	70621.765	*	365
=	7964.7685					/	70621.765	*	365
=	41.16

Asflow 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
=	( (6505.885	+	8973.353)	/	2 )	/	20312.979	*	365 / 4
=	7739.619					/	20312.979	*	365 / 4
=	34.77

Asflow Co Days Payable Related Terms

Thank you for viewing the detailed overview of Asflow Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Asflow Co (XKRX:159010) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Asflow Co Ltd (XKRX:159010) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

38, Jeongnamsandan-ro, Jeongnam-myeon, Gyeonggi-do, Hwaseong-si, KOR

Website

http://www.asflow.com

Asflow Co Ltd is a technologically innovative parts and materials company specializing in manufacturing high-clean piping parts used in semiconductor equipment and high-purity special gas lines.

Asflow Co (XKRX:159010) Headlines

No Headlines