Poongwon Precision Co (XKRX:371950) Days Payable : 37.53 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Poongwon Precision Co Days Payable?

Poongwon Precision Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩5,472 Mil. Poongwon Precision Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩13,304 Mil. Hence, Poongwon Precision Co's Days Payable for the three months ended in Mar. 2024 was 37.53.

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

XKRX:371950' s Days Payable Range Over the Past 10 Years
Min: 14.57 Med: 24.84 Max: 34.13
Current: 34.13

During the past 7 years, Poongwon Precision Co's highest Days Payable was 34.13. The lowest was 14.57. And the median was 24.84.

XKRX:371950's Days Payable is ranked worse than
84.51% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs XKRX:371950: 34.13

Poongwon Precision Co's Days Payable increased from Mar. 2023 (27.51) to Mar. 2024 (37.53). It may suggest that Poongwon Precision Co delayed paying its suppliers.

Poongwon Precision Co Days Payable Historical Data

The historical data trend for Poongwon Precision 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.

Poongwon Precision Co Days Payable Chart

Poongwon Precision Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

17.83

14.57

20.76

28.02

25.57

Poongwon Precision 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									27.51	32.94	33.15	24.86	37.53

Competitive Comparison of Poongwon Precision Co's Days Payable

For the Electronic Components subindustry, Poongwon Precision 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.

Poongwon Precision Co's Days Payable Distribution in the Hardware Industry

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

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

Poongwon Precision 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.

Poongwon Precision 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
=	( (3482.44	+	3674.673)	/	2 )	/	51077.33	*	365
=	3578.5565					/	51077.33	*	365
=	25.57

Poongwon Precision 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
=	( (3674.673	+	7269.809)	/	2 )	/	13303.657	*	365 / 4
=	5472.241					/	13303.657	*	365 / 4
=	37.53

Poongwon Precision Co Days Payable Related Terms

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

Poongwon Precision Co (XKRX:371950) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Poongwon Precision Co Ltd (XKRX:371950) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

24, Sandan-ro 35 Beon-gil, Danwon-gu, Gyeonggi-do, Ansan-si, KOR

Website

http://www.poongwon.com

Poongwon Precision Co Ltd is a display part manufacturer that produces and supplies key materials of the display manufacturing process. Its main products include OMM (Open Metal Mask), which is a vacuum deposition part of OLED display, FFM (Fine Metal Mask), SBM (Stick Bar Mask), and Metal Foil that is used in encapsulation of OLED TV.

Poongwon Precision Co (XKRX:371950) Headlines

No Headlines