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Hanwha Engine Co (XKRX:082740) Days Payable : 53.78 (As of Dec. 2023)


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What is Hanwha Engine Co Days Payable?

Hanwha Engine Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩158,722 Mil. Hanwha Engine Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩269,315 Mil. Hence, Hanwha Engine Co's Days Payable for the three months ended in Dec. 2023 was 53.78.

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

XKRX:082740' s Days Payable Range Over the Past 10 Years
Min: 3.77   Med: 7.7   Max: 67.72
Current: 62.55

During the past 13 years, Hanwha Engine Co's highest Days Payable was 67.72. The lowest was 3.77. And the median was 7.70.

XKRX:082740's Days Payable is ranked worse than
59.83% of 2930 companies
in the Industrial Products industry
Industry Median: 76.275 vs XKRX:082740: 62.55

Hanwha Engine Co's Days Payable increased from Dec. 2022 (48.28) to Dec. 2023 (53.78). It may suggest that Hanwha Engine Co delayed paying its suppliers.


Hanwha Engine Co Days Payable Historical Data

The historical data trend for Hanwha Engine 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.

* Premium members only.

Hanwha Engine Co Days Payable Chart

Hanwha Engine Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 65.69 54.52 67.72

Hanwha Engine 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.28 60.51 66.71 67.94 53.78

Competitive Comparison of Hanwha Engine Co's Days Payable

For the Specialty Industrial Machinery subindustry, Hanwha Engine 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.


Hanwha Engine Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hanwha Engine Co's Days Payable distribution charts can be found below:

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



Hanwha Engine 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.

Hanwha Engine 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
=( (118014.938 + 182897.289) / 2 ) / 810920.171*365
=150456.1135 / 810920.171*365
=67.72

Hanwha Engine 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
=( (134547.22 + 182897.289) / 2 ) / 269314.967*365 / 4
=158722.2545 / 269314.967*365 / 4
=53.78

* 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.


Hanwha Engine Co Days Payable Related Terms

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Hanwha Engine Co (XKRX:082740) Business Description

Traded in Other Exchanges
N/A
Address
67, Sungsan-gu Industrial Complex, Gyeongnam Province, Changwon, KOR
HSD Engine Co Ltd manufactures ship engines, internal combustion engines & generators and nuclear power generators. Main business are manufacturing diesel engine for large ship and constructing internal combustion power plant using diesel engine.

Hanwha Engine Co (XKRX:082740) Headlines

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