DB HiTek Co (XKRX:000990) Days Payable : 26.34 (As of Dec. 2023)

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What is DB HiTek Co Days Payable?

DB HiTek Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩53,533 Mil. DB HiTek Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩185,477 Mil. Hence, DB HiTek Co's Days Payable for the three months ended in Dec. 2023 was 26.34.

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

XKRX:000990' s Days Payable Range Over the Past 10 Years
Min: 21.34 Med: 26.61 Max: 33.63
Current: 28.77

During the past 13 years, DB HiTek Co's highest Days Payable was 33.63. The lowest was 21.34. And the median was 26.61.

XKRX:000990's Days Payable is ranked worse than
78.65% of 965 companies
in the Semiconductors industry
Industry Median: 52.34 vs XKRX:000990: 28.77

DB HiTek Co's Days Payable increased from Dec. 2022 (22.83) to Dec. 2023 (26.34). It may suggest that DB HiTek Co delayed paying its suppliers.

DB HiTek Co Days Payable Historical Data

The historical data trend for DB HiTek 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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DB HiTek Co Days Payable Chart

DB HiTek Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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23.86

21.34

21.77

22.83

25.28

DB HiTek 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															22.83	30.03	32.14	30.24	26.34

Competitive Comparison of DB HiTek Co's Days Payable

For the Semiconductors subindustry, DB HiTek 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.

DB HiTek Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, DB HiTek Co's Days Payable distribution charts can be found below:

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

DB HiTek 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.

DB HiTek 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
=	( (48542.143	+	50101.344)	/	2 )	/	712204.457	*	365
=	49321.7435					/	712204.457	*	365
=	25.28

DB HiTek 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
=	( (56964.077	+	50101.344)	/	2 )	/	185476.767	*	365 / 4
=	53532.7105					/	185476.767	*	365 / 4
=	26.34

DB HiTek Co Days Payable Related Terms

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DB HiTek Co (XKRX:000990) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » DB HiTek Co Ltd (XKRX:000990) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

90, Sudo-ro, Gyeonggi-do, Bucheon-si, KOR, 135-523

Website

http://www.dbhitek.co.kr

DB HiTek Co Ltd operates foundry facilities for the semiconductor industry. It primarily builds fab system-large scale integration wafers used in signal processing chips. The company uses wafer processing technology to develop chip solutions for electronic products such as televisions, computers, mobile phones, and automobiles. Dongbu Hitek's facilities add value in the areas of analog, power, embedded flash, display driver integrated circuits and image sensors. Through a network of global sales offices and support centers, the company brings its services to North America, Europe, and Asia.

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