Chin Yang Industry Co (XKRX:003780) Days Payable : 60.94 (As of Dec. 2023)

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What is Chin Yang Industry Co Days Payable?

Chin Yang Industry Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩11,532 Mil. Chin Yang Industry Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩17,267 Mil. Hence, Chin Yang Industry Co's Days Payable for the three months ended in Dec. 2023 was 60.94.

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

XKRX:003780' s Days Payable Range Over the Past 10 Years
Min: 23.69 Med: 53.85 Max: 59.54
Current: 59.54

During the past 13 years, Chin Yang Industry Co's highest Days Payable was 59.54. The lowest was 23.69. And the median was 53.85.

XKRX:003780's Days Payable is ranked worse than
55.27% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.85 vs XKRX:003780: 59.54

Chin Yang Industry Co's Days Payable increased from Dec. 2022 (52.13) to Dec. 2023 (60.94). It may suggest that Chin Yang Industry Co delayed paying its suppliers.

Chin Yang Industry Co Days Payable Historical Data

The historical data trend for Chin Yang Industry 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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Chin Yang Industry Co Days Payable Chart

Chin Yang Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

56.50

56.17

53.47

54.22

59.08

Chin Yang Industry 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															52.13	61.83	56.63	59.42	60.94

Competitive Comparison of Chin Yang Industry Co's Days Payable

For the Auto Parts subindustry, Chin Yang Industry 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.

Chin Yang Industry Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chin Yang Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chin Yang Industry Co's Days Payable falls into.

Chin Yang Industry 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.

Chin Yang Industry 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
=	( (11468.824	+	11112.471)	/	2 )	/	69756.214	*	365
=	11290.6475					/	69756.214	*	365
=	59.08

Chin Yang Industry 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
=	( (11951.09	+	11112.471)	/	2 )	/	17266.958	*	365 / 4
=	11531.7805					/	17266.958	*	365 / 4
=	60.94

Chin Yang Industry Co Days Payable Related Terms

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Chin Yang Industry Co (XKRX:003780) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Chin Yang Industry Co Ltd (XKRX:003780) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

240-1 YooSahn-Dong, Yangsan, KOR, 621-210

Website

http://www.cyc1963.com

Chin Yang Industry Co., Ltd manufactures and markets plastic form used in shoes, furniture, bed automobile interior, and speakers.

Chin Yang Industry Co (XKRX:003780) Headlines

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