Dongkuk Steel Mill Co spin off (XKRX:460860) Days Payable : 20.72 (As of Mar. 2024)

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What is Dongkuk Steel Mill Co spin off Days Payable?

Dongkuk Steel Mill Co spin off's average Accounts Payable for the three months ended in Mar. 2024 was ₩184,880 Mil. Dongkuk Steel Mill Co spin off's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩814,073 Mil. Hence, Dongkuk Steel Mill Co spin off's Days Payable for the three months ended in Mar. 2024 was 20.72.

The historical rank and industry rank for Dongkuk Steel Mill Co spin off's Days Payable or its related term are showing as below:

XKRX:460860' s Days Payable Range Over the Past 10 Years
Min: 29.44 Med: 34.87 Max: 34.87
Current: 29.44

During the past 1 years, Dongkuk Steel Mill Co spin off's highest Days Payable was 34.87. The lowest was 29.44. And the median was 34.87.

XKRX:460860's Days Payable is ranked better than
84.18% of 588 companies
in the Steel industry
Industry Median: 41.41 vs XKRX:460860: 29.44

Dongkuk Steel Mill Co spin off's Days Payable increased from . 20 (0.00) to Mar. 2024 (20.72). It may suggest that Dongkuk Steel Mill Co spin off delayed paying its suppliers.

Dongkuk Steel Mill Co spin off Days Payable Historical Data

The historical data trend for Dongkuk Steel Mill Co spin off'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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Dongkuk Steel Mill Co spin off Days Payable Chart

Dongkuk Steel Mill Co spin off Annual Data

Trend

Dec23

Days Payable

34.87

Dongkuk Steel Mill Co spin off Quarterly Data
	Jun23	Sep23	Dec23	Mar24
Days Payable	-	25.13	17.79	20.72

Competitive Comparison of Dongkuk Steel Mill Co spin off's Days Payable

For the Steel subindustry, Dongkuk Steel Mill Co spin off'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.

Dongkuk Steel Mill Co spin off's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Dongkuk Steel Mill Co spin off's Days Payable distribution charts can be found below:

* The bar in red indicates where Dongkuk Steel Mill Co spin off's Days Payable falls into.

Dongkuk Steel Mill Co spin off 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.

Dongkuk Steel Mill Co spin off'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: . 20 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (	+	212863.893)	/	1 )	/	2228051.917	*	365
=	212863.893					/	2228051.917	*	365
=	34.87

Dongkuk Steel Mill Co spin off'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
=	( (212863.893	+	156895.371)	/	2 )	/	814072.665	*	365 / 4
=	184879.632					/	814072.665	*	365 / 4
=	20.72

Dongkuk Steel Mill Co spin off Days Payable Related Terms

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Dongkuk Steel Mill Co spin off (XKRX:460860) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Dongkuk Steel Mill Co Ltd spin off (XKRX:460860) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

19 Eulji-ro 5-gil, Ferrum Tower, Jung-gu, Seoul, KOR

Website

https://www.dongkuk.com

Dongkuk Steel Mill Co Ltd spin off is a Korean steel company that engages in manufacturing steel products. It produces high-strength and ultra-high-strength reinforcing bars of various standards. It offers H-beams, angles, Reinforcing Bar, Seismic Resistant Bar, and channels, Threaded Bar, and steel plates.

Dongkuk Steel Mill Co spin off (XKRX:460860) Headlines

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