Seoam Machinery Industry Co (XKRX:100660) Days Payable : 60.44 (As of Dec. 2023)

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What is Seoam Machinery Industry Co Days Payable?

Seoam Machinery Industry Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩6,174 Mil. Seoam Machinery Industry Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩9,321 Mil. Hence, Seoam Machinery Industry Co's Days Payable for the three months ended in Dec. 2023 was 60.44.

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

XKRX:100660' s Days Payable Range Over the Past 10 Years
Min: 49.03 Med: 61.12 Max: 73.92
Current: 61.15

During the past 13 years, Seoam Machinery Industry Co's highest Days Payable was 73.92. The lowest was 49.03. And the median was 61.12.

XKRX:100660's Days Payable is ranked worse than
60.92% of 2930 companies
in the Industrial Products industry
Industry Median: 76.275 vs XKRX:100660: 61.15

Seoam Machinery Industry Co's Days Payable declined from Dec. 2022 (60.57) to Dec. 2023 (60.44). It may suggest that Seoam Machinery Industry Co accelerated paying its suppliers.

Seoam Machinery Industry Co Days Payable Historical Data

The historical data trend for Seoam Machinery 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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Seoam Machinery Industry Co Days Payable Chart

Seoam Machinery Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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52.85

55.14

49.03

56.93

64.07

Seoam Machinery 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															60.57	58.83	66.55	56.35	60.44

Competitive Comparison of Seoam Machinery Industry Co's Days Payable

For the Tools & Accessories subindustry, Seoam Machinery 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.

Seoam Machinery Industry Co's Days Payable Distribution in the Industrial Products Industry

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

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

Seoam Machinery 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.

Seoam Machinery 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
=	( (6828.847	+	6762.317)	/	2 )	/	38712.513	*	365
=	6795.582					/	38712.513	*	365
=	64.07

Seoam Machinery 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
=	( (5586.091	+	6762.317)	/	2 )	/	9321.406	*	365 / 4
=	6174.204					/	9321.406	*	365 / 4
=	60.44

Seoam Machinery Industry Co Days Payable Related Terms

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Seoam Machinery Industry Co (XKRX:100660) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Seoam Machinery Industry Co Ltd (XKRX:100660) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

127-15, Hanamsandan 8 beon-ro, Gwangsan-gu, Gwangju, KOR, 506-258

Website

http://www.smiltd.co.kr

Seoam Machinery Industry Co Ltd is engaged in the manufacturing of various machine tools. Its products include gear, chuck, hydraulic cylinder, reducer, and coupling, etc. The company provides products to Doosan Infracore, Hyundai Wia, etc.

Seoam Machinery Industry Co (XKRX:100660) Headlines

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