Nam Kwang Engineeringnstruction Co (XKRX:001260) Days Payable : 63.33 (As of Jun. 2024)

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What is Nam Kwang Engineeringnstruction Co Days Payable?

Nam Kwang Engineeringnstruction Co's average Accounts Payable for the three months ended in Jun. 2024 was ₩80,537 Mil. Nam Kwang Engineeringnstruction Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ₩116,043 Mil. Hence, Nam Kwang Engineeringnstruction Co's Days Payable for the three months ended in Jun. 2024 was 63.33.

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

XKRX:001260' s Days Payable Range Over the Past 10 Years
Min: 39.68 Med: 68.91 Max: 113.67
Current: 56.16

During the past 13 years, Nam Kwang Engineeringnstruction Co's highest Days Payable was 113.67. The lowest was 39.68. And the median was 68.91.

XKRX:001260's Days Payable is ranked worse than
65.41% of 1645 companies
in the Construction industry
Industry Median: 75.38 vs XKRX:001260: 56.16

Nam Kwang Engineeringnstruction Co's Days Payable increased from Jun. 2023 (43.71) to Jun. 2024 (63.33). It may suggest that Nam Kwang Engineeringnstruction Co delayed paying its suppliers.

Nam Kwang Engineeringnstruction Co Days Payable Historical Data

The historical data trend for Nam Kwang Engineeringnstruction 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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Nam Kwang Engineeringnstruction Co Days Payable Chart

Nam Kwang Engineeringnstruction Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

80.95

90.00

54.54

65.27

64.54

Nam Kwang Engineeringnstruction Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															43.71	47.83	57.62	55.65	63.33

Competitive Comparison of Nam Kwang Engineeringnstruction Co's Days Payable

For the Engineering & Construction subindustry, Nam Kwang Engineeringnstruction 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.

Nam Kwang Engineeringnstruction Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nam Kwang Engineeringnstruction Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nam Kwang Engineeringnstruction Co's Days Payable falls into.

Nam Kwang Engineeringnstruction 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.

Nam Kwang Engineeringnstruction 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
=	( (94160.893	+	90739.52)	/	2 )	/	522807.942	*	365
=	92450.2065					/	522807.942	*	365
=	64.54

Nam Kwang Engineeringnstruction Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (70132.896	+	90941.313)	/	2 )	/	116043.358	*	365 / 4
=	80537.1045					/	116043.358	*	365 / 4
=	63.33

Nam Kwang Engineeringnstruction Co Days Payable Related Terms

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Nam Kwang Engineeringnstruction Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nam Kwang Engineering & Construction Co Ltd (XKRX:001260) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

459-3, Gil-dong, Gangdong-gu, Seoul, KOR, 134-814

Website

https://www.namkwang.co.kr

Nam Kwang Engineering & Construction Co Ltd is a civil engineering and construction company in South Korea. It constructs roads, bridges, tunnels, subways, harbors, dams, railroads and airports, as well as sewerage and water work.

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