Nuin Tek Co (XKRX:012340) Days Payable : 39.33 (As of Dec. 2023)

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What is Nuin Tek Co Days Payable?

Nuin Tek Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩8,789 Mil. Nuin Tek Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩20,391 Mil. Hence, Nuin Tek Co's Days Payable for the three months ended in Dec. 2023 was 39.33.

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

XKRX:012340' s Days Payable Range Over the Past 10 Years
Min: 33.59 Med: 40.48 Max: 42.99
Current: 40.9

During the past 13 years, Nuin Tek Co's highest Days Payable was 42.99. The lowest was 33.59. And the median was 40.48.

XKRX:012340's Days Payable is ranked worse than
77.45% of 2421 companies
in the Hardware industry
Industry Median: 67.76 vs XKRX:012340: 40.90

Nuin Tek Co's Days Payable declined from Dec. 2022 (42.00) to Dec. 2023 (39.33). It may suggest that Nuin Tek Co accelerated paying its suppliers.

Nuin Tek Co Days Payable Historical Data

The historical data trend for Nuin Tek 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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Nuin Tek Co Days Payable Chart

Nuin Tek Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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39.64

40.40

41.75

42.11

40.90

Nuin Tek 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															42.00	43.52	-	-	39.33

Competitive Comparison of Nuin Tek Co's Days Payable

For the Electronic Components subindustry, Nuin Tek 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.

Nuin Tek Co's Days Payable Distribution in the Hardware Industry

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

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

Nuin Tek 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.

Nuin Tek 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
=	( (9735.273	+	8789.312)	/	2 )	/	82650.576	*	365
=	9262.2925					/	82650.576	*	365
=	40.90

Nuin Tek 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
=	( (0	+	8789.312)	/	1 )	/	20391.164	*	365 / 4
=	8789.312					/	20391.164	*	365 / 4
=	39.33

Nuin Tek Co Days Payable Related Terms

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Nuin Tek Co (XKRX:012340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nuin Tek Co Ltd (XKRX:012340) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

245-5 Wonnam-Ri, Umbong-Myeon, Asan-si, Chungcheongnam-do, KOR, 336-864

Website

http://www.nuin.co.kr

Nuin Tek Co Ltd is a South Korea based company engaged in manufacturing of Film Capacitors and Metalized Capacitor Films. The product offerings of the company include High Voltage Power Factor Correction capacitors, Low Voltage Power Factor Correction capacitors and Motor Start/Motor-Running Capacitors among others.

Nuin Tek Co (XKRX:012340) Headlines

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