Firstec Co (XKRX:010820) Days Payable : 28.18 (As of Dec. 2023)

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What is Firstec Co Days Payable?

Firstec Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩17,092 Mil. Firstec Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩55,353 Mil. Hence, Firstec Co's Days Payable for the three months ended in Dec. 2023 was 28.18.

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

XKRX:010820' s Days Payable Range Over the Past 10 Years
Min: 33.24 Med: 44.27 Max: 51.78
Current: 50.84

During the past 13 years, Firstec Co's highest Days Payable was 51.78. The lowest was 33.24. And the median was 44.27.

XKRX:010820's Days Payable is ranked worse than
64.43% of 298 companies
in the Aerospace & Defense industry
Industry Median: 77.655 vs XKRX:010820: 50.84

Firstec Co's Days Payable declined from Dec. 2022 (43.50) to Dec. 2023 (28.18). It may suggest that Firstec Co accelerated paying its suppliers.

Firstec Co Days Payable Historical Data

The historical data trend for Firstec 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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Firstec Co Days Payable Chart

Firstec Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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50.77

44.25

33.24

39.16

37.42

Firstec 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															43.50	62.14	73.94	67.18	28.18

Competitive Comparison of Firstec Co's Days Payable

For the Aerospace & Defense subindustry, Firstec 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.

Firstec Co's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Firstec Co's Days Payable distribution charts can be found below:

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

Firstec 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.

Firstec 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
=	( (21473.648	+	11685.674)	/	2 )	/	161727.645	*	365
=	16579.661					/	161727.645	*	365
=	37.42

Firstec 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
=	( (22498.93	+	11685.674)	/	2 )	/	55353.451	*	365 / 4
=	17092.302					/	55353.451	*	365 / 4
=	28.18

Firstec Co Days Payable Related Terms

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Firstec Co (XKRX:010820) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Firstec Co Ltd (XKRX:010820) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

485, Nammyeon-ro, Seongsan-gu, Gyeongsangnam-do, Changwon-si, KOR, 135-090

Website

http://www.firsteccom.co.kr

Firstec Co Ltd is a Korea based company engaged in the business of manufacturing of weapons and gun shells. It offers products for aerospace, guided weapons, ground weapons, maritime weapons and unmanned systems. The products offered by the organization are environmental control system, actuation system, guidance control system, fire control system, instrument panels, cables, slip ring, gear box, radar components, safety firing assembly, mine layer, navigation device, UAV and others.

Firstec Co (XKRX:010820) Headlines

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