Dongkuk Refractories & Steel Co (XKRX:075970) Days Payable : 30.96 (As of Mar. 2024)

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What is Dongkuk Refractories & Steel Co Days Payable?

Dongkuk Refractories & Steel Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩8,104 Mil. Dongkuk Refractories & Steel Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩23,884 Mil. Hence, Dongkuk Refractories & Steel Co's Days Payable for the three months ended in Mar. 2024 was 30.96.

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

XKRX:075970' s Days Payable Range Over the Past 10 Years
Min: 30.93 Med: 34.24 Max: 40.06
Current: 31.64

During the past 13 years, Dongkuk Refractories & Steel Co's highest Days Payable was 40.06. The lowest was 30.93. And the median was 34.24.

XKRX:075970's Days Payable is ranked worse than
87.44% of 1608 companies
in the Construction industry
Industry Median: 76.17 vs XKRX:075970: 31.64

Dongkuk Refractories & Steel Co's Days Payable declined from Mar. 2023 (34.25) to Mar. 2024 (30.96). It may suggest that Dongkuk Refractories & Steel Co accelerated paying its suppliers.

Dongkuk Refractories & Steel Co Days Payable Historical Data

The historical data trend for Dongkuk Refractories & Steel 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.

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Dongkuk Refractories & Steel Co Days Payable Chart

Dongkuk Refractories & Steel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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33.68

33.62

30.93

32.27

34.79

Dongkuk Refractories & Steel Co 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															34.25	29.94	31.99	34.66	30.96

Competitive Comparison of Dongkuk Refractories & Steel Co's Days Payable

For the Building Products & Equipment subindustry, Dongkuk Refractories & Steel 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.

Dongkuk Refractories & Steel Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dongkuk Refractories & Steel Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Dongkuk Refractories & Steel Co's Days Payable falls into.

Dongkuk Refractories & Steel 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.

Dongkuk Refractories & Steel 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
=	( (8884.193	+	8527.401)	/	2 )	/	91343.55	*	365
=	8705.797					/	91343.55	*	365
=	34.79

Dongkuk Refractories & Steel 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
=	( (8527.401	+	7680.502)	/	2 )	/	23884.385	*	365 / 4
=	8103.9515					/	23884.385	*	365 / 4
=	30.96

Dongkuk Refractories & Steel Co Days Payable Related Terms

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Dongkuk Refractories & Steel Co (XKRX:075970) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Dongkuk Refractories & Steel Co Ltd (XKRX:075970) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

411-1 Ugye-ri, Sangdong-myeon, Gimhae, Gyeongsangnam-do, KOR, 621-812

Website

http://www.dkref.co.kr

Dongkuk Refractories & Steel Co Ltd is a South Korea based company engaged in manufacturing and selling refractories, ceramics, and mineral blocks in South Korea and internationally. It offers refractories, including shaped, monolithic, and functional refractories. The company also provides fine ceramics, such as water/sanitary faucets, high purity alumina crucibles, ceramics lining pipes and elbows, ceramic rollers, and spherical alumina; and refractories for cathode materials and ceramic calcination.

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