Gilgyo E&C Co (XKRX:456700) Days Payable : 38.56 (As of Dec. 2023)

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What is Gilgyo E&C Co Days Payable?

Gilgyo E&C Co's average Accounts Payable for the six months ended in Dec. 2023 was ₩1,329 Mil. Gilgyo E&C Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ₩12,579 Mil. Hence, Gilgyo E&C Co's Days Payable for the six months ended in Dec. 2023 was 19.28.

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

XKRX:456700' s Days Payable Range Over the Past 10 Years
Min: 12.6 Med: 38.56 Max: 50.71
Current: 38.56

During the past 7 years, Gilgyo E&C Co's highest Days Payable was 50.71. The lowest was 12.60. And the median was 38.56.

XKRX:456700's Days Payable is ranked worse than
81.16% of 1603 companies
in the Construction industry
Industry Median: 74.72 vs XKRX:456700: 38.56

Gilgyo E&C Co's Days Payable declined from Dec. 2021 (50.71) to Dec. 2023 (38.56). It may suggest that Gilgyo E&C Co accelerated paying its suppliers.

Gilgyo E&C Co Days Payable Historical Data

The historical data trend for Gilgyo E&C 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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Gilgyo E&C Co Days Payable Chart

Gilgyo E&C Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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36.87

39.08

50.71

39.99

38.56

Gilgyo E&C Co Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Days Payable	Get a 7-Day Free Trial			36.87	39.08	50.71	39.99	38.56

Competitive Comparison of Gilgyo E&C Co's Days Payable

For the Engineering & Construction subindustry, Gilgyo E&C 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.

Gilgyo E&C Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Gilgyo E&C Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Gilgyo E&C Co's Days Payable falls into.

Gilgyo E&C 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.

Gilgyo E&C 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
=	( (1142.726	+	1515.123)	/	2 )	/	12578.995	*	365
=	1328.9245					/	12578.995	*	365
=	38.56

Gilgyo E&C 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: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1142.726	+	1515.123)	/	2 )	/	12578.995	*	365 / 2
=	1328.9245					/	12578.995	*	365 / 2
=	19.28

Gilgyo E&C Co Days Payable Related Terms

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Gilgyo E&C Co (XKRX:456700) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Gilgyo E&C Co Ltd (XKRX:456700) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

306 Cheolcheol-ro, Nam-gu, Gyeongsangbuk-do, Pohang-si, KOR

Website

http://www.Gilgyo.com

Gilgyo E&C Co Ltd operates in the design and construction of bridges. It designs, manufactures, and installation of steel composite ramen bridges, girder bridges, and monolithic bridges.

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