Truen (XKRX:417790) Days Payable : 10.18 (As of Mar. 2024)

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What is Truen Days Payable?

Truen's average Accounts Payable for the three months ended in Mar. 2024 was ₩550 Mil. Truen's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩4,930 Mil. Hence, Truen's Days Payable for the three months ended in Mar. 2024 was 10.18.

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

XKRX:417790' s Days Payable Range Over the Past 10 Years
Min: 3.63 Med: 16.45 Max: 21.95
Current: 11.33

During the past 5 years, Truen's highest Days Payable was 21.95. The lowest was 3.63. And the median was 16.45.

XKRX:417790's Days Payable is ranked worse than
98.32% of 1610 companies
in the Construction industry
Industry Median: 76.345 vs XKRX:417790: 11.33

Truen's Days Payable increased from Mar. 2023 (6.22) to Mar. 2024 (10.18). It may suggest that Truen delayed paying its suppliers.

Truen Days Payable Historical Data

The historical data trend for Truen'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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Truen Days Payable Chart

Truen Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

16.45

16.67

21.95

13.58

3.63

Truen Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial			6.22	12.61	14.03	8.95	10.18

Competitive Comparison of Truen's Days Payable

For the Building Products & Equipment subindustry, Truen'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.

Truen's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Truen's Days Payable distribution charts can be found below:

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

Truen 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.

Truen'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
=	( (278.714	+	244.033)	/	2 )	/	26288.222	*	365
=	261.3735					/	26288.222	*	365
=	3.63

Truen'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
=	( (244.033	+	856.127)	/	2 )	/	4929.75	*	365 / 4
=	550.08					/	4929.75	*	365 / 4
=	10.18

Truen Days Payable Related Terms

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Truen (XKRX:417790) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Truen (XKRX:417790) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1108, 1309, 28, Digital-ro 33-gil, Guro-dong, Woorim Ibiz Center 1, Guro-gu, Seoul, KOR

Website

http://www.truen.co.kr

Truen is an IoT convergence video surveillance platform specialized company. Its business is mainly divided into two fields. It is a digital video surveillance system business and IoT (Internet of Things) business. It develops, produces, and sells various types of IP cameras, Video servers, Zoom modules, and Smart Home Solution Egloo. Its solutions comprise Automatic Incident Detection System, Edge AI, ALPR, Air Wiper, and IOT Secure Service.

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