Samsung Electronics Co (Samsung Electronics Co) Days Payable : 23.93 (As of Dec. 2023)

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Samsung Electronics Co Days Payable Definition

Samsung Electronics Co's average Accounts Payable for the three months ended in Dec. 2023 was $9,270 Mil. Samsung Electronics Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $35,354 Mil. Hence, Samsung Electronics Co's Days Payable for the three months ended in Dec. 2023 was 23.93.

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

SSNLF' s Days Payable Range Over the Past 10 Years
Min: 19.23 Med: 22.68 Max: 25.43
Current: 23.96

During the past 13 years, Samsung Electronics Co's highest Days Payable was 25.43. The lowest was 19.23. And the median was 22.68.

SSNLF's Days Payable is ranked worse than
92.85% of 2420 companies
in the Hardware industry
Industry Median: 67.965 vs SSNLF: 23.96

Samsung Electronics Co's Days Payable increased from Dec. 2022 (23.24) to Dec. 2023 (23.93). It may suggest that Samsung Electronics Co delayed paying its suppliers.

Samsung Electronics Co Days Payable Historical Data

The historical data trend for Samsung Electronics 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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Samsung Electronics Co Days Payable Chart

Samsung Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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21.81

22.55

26.31

24.34

22.31

Samsung Electronics 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															23.24	22.90	26.30	24.70	23.93

Competitive Comparison of Samsung Electronics Co's Days Payable

For the Consumer Electronics subindustry, Samsung Electronics 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.

Samsung Electronics Co Days Payable Distribution

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

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

Samsung Electronics 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.

Samsung Electronics 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
=	( (8228.967	+	8678.221)	/	2 )	/	138292.963	*	365
=	8453.594					/	138292.963	*	365
=	22.31

Samsung Electronics 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
=	( (9861.124	+	8678.221)	/	2 )	/	35354.006	*	365 / 4
=	9269.6725					/	35354.006	*	365 / 4
=	23.93

Samsung Electronics Co Days Payable Related Terms

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Samsung Electronics Co (Samsung Electronics Co) Business Description

Industry

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Traded in Other Exchanges

SMSNN:Mexico 005935:Korea 005930:Korea BC94:UK SMSNl:UK SMSN:UK SMSD:UK SSUN:Germany

Address

129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, KOR, 443-742

Website

https://www.samsung.com

Samsung Electronics is a diversified electronics conglomerate that manufactures and sells a wide range of products, including smartphones, semiconductor chips, printers, home appliances, medical equipment, and telecom network equipment. More than half of its profit is generated from semiconductor business, and a further 25% is generated from its mobile handset business, although these percentages vary with the fortunes of each of these businesses. It is the largest smartphone and television manufacturer in the world, which helps provide a base demand for its component businesses, such as memory chips and displays, and is also the largest manufacturer of these globally.