Wintec Co (XKRX:320000) Days Payable : 21.69 (As of Mar. 2024)

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What is Wintec Co Days Payable?

Wintec Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩433 Mil. Wintec Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩1,822 Mil. Hence, Wintec Co's Days Payable for the three months ended in Mar. 2024 was 21.69.

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

XKRX:320000' s Days Payable Range Over the Past 10 Years
Min: 10.62 Med: 22.57 Max: 33.01
Current: 14.22

During the past 5 years, Wintec Co's highest Days Payable was 33.01. The lowest was 10.62. And the median was 22.57.

XKRX:320000's Days Payable is ranked worse than
97.73% of 2420 companies
in the Hardware industry
Industry Median: 68.065 vs XKRX:320000: 14.22

Wintec Co's Days Payable declined from Mar. 2023 (35.52) to Mar. 2024 (21.69). It may suggest that Wintec Co accelerated paying its suppliers.

Wintec Co Days Payable Historical Data

The historical data trend for Wintec 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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Wintec Co Days Payable Chart

Wintec Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

22.57

27.49

10.62

20.52

33.01

Wintec 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															35.52	29.92	5.84	12.33	21.69

Competitive Comparison of Wintec Co's Days Payable

For the Scientific & Technical Instruments subindustry, Wintec 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.

Wintec Co's Days Payable Distribution in the Hardware Industry

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

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

Wintec 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.

Wintec 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
=	( (1390.342	+	788.104)	/	2 )	/	12042.603	*	365
=	1089.223					/	12042.603	*	365
=	33.01

Wintec 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
=	( (788.104	+	77.974)	/	2 )	/	1821.907	*	365 / 4
=	433.039					/	1821.907	*	365 / 4
=	21.69

Wintec Co Days Payable Related Terms

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Wintec Co (XKRX:320000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wintec Co Ltd (XKRX:320000) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

166 Gosan-ro, Gunpo-si, Gyeonggi-do, SK Ventium 104 Building 1001, Seoul, KOR, 15850

Website

https://www.wintec.co.kr

Wintec Co Ltd is a technology company developing and producing advanced intelligent inspection equipment in the fields related to OLED, microchip, high-functional film, and X-ray by combining artificial intelligence analysis function based on image processing technology and advanced electrical measurement technology. The company's products inspect the external condition of Micro Chip at high speed; inspects the state of reel tape at high speed; measures the characteristics of Micro Chip (C/DF, IR, BDV); inspects the external condition of the film at high speed.

Wintec Co (XKRX:320000) Headlines

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