Ssangyong C&E (XKRX:003410) Days Payable : 33.47 (As of Mar. 2024)

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What is Ssangyong C&E Days Payable?

Ssangyong C&E's average Accounts Payable for the three months ended in Mar. 2024 was ₩116,925 Mil. Ssangyong C&E's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩318,815 Mil. Hence, Ssangyong C&E's Days Payable for the three months ended in Mar. 2024 was 33.47.

The historical rank and industry rank for Ssangyong C&E's Days Payable or its related term are showing as below:

XKRX:003410' s Days Payable Range Over the Past 10 Years
Min: 31.12 Med: 39.65 Max: 57.88
Current: 31.12

During the past 13 years, Ssangyong C&E's highest Days Payable was 57.88. The lowest was 31.12. And the median was 39.65.

XKRX:003410's Days Payable is ranked worse than
84.68% of 372 companies
in the Building Materials industry
Industry Median: 66.355 vs XKRX:003410: 31.12

Ssangyong C&E's Days Payable declined from Mar. 2023 (37.05) to Mar. 2024 (33.47). It may suggest that Ssangyong C&E accelerated paying its suppliers.

Ssangyong C&E Days Payable Historical Data

The historical data trend for Ssangyong C&E'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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Ssangyong C&E Days Payable Chart

Ssangyong C&E Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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34.89

36.11

32.68

38.49

34.27

Ssangyong C&E Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															37.05	28.14	36.29	28.02	33.47

Competitive Comparison of Ssangyong C&E's Days Payable

For the Building Materials subindustry, Ssangyong C&E'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.

Ssangyong C&E's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ssangyong C&E's Days Payable distribution charts can be found below:

* The bar in red indicates where Ssangyong C&E's Days Payable falls into.

Ssangyong C&E 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.

Ssangyong C&E'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
=	( (165401.184	+	117348.017)	/	2 )	/	1505557.022	*	365
=	141374.6005					/	1505557.022	*	365
=	34.27

Ssangyong C&E's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (117348.017	+	116501.004)	/	2 )	/	318814.797	*	365 / 4
=	116924.5105					/	318814.797	*	365 / 4
=	33.47

Ssangyong C&E Days Payable Related Terms

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Ssangyong C&E (XKRX:003410) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ssangyong C&E (XKRX:003410) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

34, Supyo-ro, 7th-9th Floor, City Center Tower, Jung-gu, Seoul, KOR

Website

https://www.ssangyongcne.co.kr

Ssangyong C&E is involved in the business of cement production and sale, waste recycling and other environment-related business, and also petroleum sale. The firm's products include Portland cement, blended cement, specialty cement, and mortar, and other related products. The firm's manufacturing facilities are located at Donghae and Yeonwol.

Ssangyong C&E (XKRX:003410) Headlines

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