Sungshin Cement Co (XKRX:004980) Days Payable : 34.50 (As of Dec. 2023)

View and export this data going back to 1976. Start your Free Trial

What is Sungshin Cement Co Days Payable?

Sungshin Cement Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩90,939 Mil. Sungshin Cement Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩240,503 Mil. Hence, Sungshin Cement Co's Days Payable for the three months ended in Dec. 2023 was 34.50.

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

XKRX:004980' s Days Payable Range Over the Past 10 Years
Min: 41.61 Med: 48.97 Max: 57.43
Current: 44.15

During the past 13 years, Sungshin Cement Co's highest Days Payable was 57.43. The lowest was 41.61. And the median was 48.97.

XKRX:004980's Days Payable is ranked worse than
70.81% of 370 companies
in the Building Materials industry
Industry Median: 67.875 vs XKRX:004980: 44.15

Sungshin Cement Co's Days Payable declined from Dec. 2022 (50.69) to Dec. 2023 (34.50). It may suggest that Sungshin Cement Co accelerated paying its suppliers.

Sungshin Cement Co Days Payable Historical Data

The historical data trend for Sungshin Cement 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.

Sungshin Cement Co Days Payable Chart

Sungshin Cement Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

49.52

46.07

41.61

44.96

46.76

Sungshin Cement Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															50.69	59.17	43.82	38.22	34.50

Competitive Comparison of Sungshin Cement Co's Days Payable

For the Building Materials subindustry, Sungshin Cement 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.

Sungshin Cement Co's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Sungshin Cement Co's Days Payable distribution charts can be found below:

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

Sungshin Cement 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.

Sungshin Cement 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
=	( (134386.045	+	96487.691)	/	2 )	/	901056.865	*	365
=	115436.868					/	901056.865	*	365
=	46.76

Sungshin Cement Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (85391.262	+	96487.691)	/	2 )	/	240503.069	*	365 / 4
=	90939.4765					/	240503.069	*	365 / 4
=	34.50

Sungshin Cement Co Days Payable Related Terms

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

Sungshin Cement Co (XKRX:004980) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Sungshin Cement Co Ltd (XKRX:004980) » Definitions » Days Payable

Traded in Other Exchanges

004985:Korea

Address

194-27 Insa-dong, Jongno-gu, Seoul, KOR, 110-778

Website

http://www.sungshincement.co.kr

Sungshin Cement Co Ltd is a Korea based company engaged in the manufacture and marketing of cement, ready mixed concrete and dry mortar.

Sungshin Cement Co (XKRX:004980) Headlines

No Headlines