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Posco Future M (XKRX:003670) Days Payable : 38.77 (As of Dec. 2024)


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What is Posco Future M Days Payable?

Posco Future M's average Accounts Payable for the three months ended in Dec. 2024 was ₩300,063 Mil. Posco Future M's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩706,319 Mil. Hence, Posco Future M's Days Payable for the three months ended in Dec. 2024 was 38.77.

The historical rank and industry rank for Posco Future M's Days Payable or its related term are showing as below:

XKRX:003670' s Days Payable Range Over the Past 10 Years
Min: 22.33   Med: 28.07   Max: 34.57
Current: 34.18

During the past 13 years, Posco Future M's highest Days Payable was 34.57. The lowest was 22.33. And the median was 28.07.

XKRX:003670's Days Payable is ranked worse than
84.42% of 2946 companies
in the Industrial Products industry
Industry Median: 76.25 vs XKRX:003670: 34.18

Posco Future M's Days Payable increased from Dec. 2023 (27.37) to Dec. 2024 (38.77). It may suggest that Posco Future M delayed paying its suppliers.


Posco Future M Days Payable Historical Data

The historical data trend for Posco Future M'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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Posco Future M Days Payable Chart

Posco Future M Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.57 34.57 31.23 22.33 29.56

Posco Future M Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 27.37 26.30 40.64 38.17 38.77

Competitive Comparison of Posco Future M's Days Payable

For the Electrical Equipment & Parts subindustry, Posco Future M'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.


Posco Future M's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Posco Future M's Days Payable distribution charts can be found below:

* The bar in red indicates where Posco Future M's Days Payable falls into.


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Posco Future M 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.

Posco Future M's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (262251.342 + 298807.009) / 2 ) / 3464000.351*365
=280529.1755 / 3464000.351*365
=29.56

Posco Future M's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (301318.058 + 298807.009) / 2 ) / 706319.482*365 / 4
=300062.5335 / 706319.482*365 / 4
=38.77

* 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.


Posco Future M Days Payable Related Terms

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Posco Future M Business Description

Traded in Other Exchanges
N/A
Address
110, Shinhang-ro, Nam-gu, Gyeongbuk, Pohang, KOR
Posco Future M is in the business of coal chemistry and carbon materials. Its key business includes refractory manufacture and sale, furnace construction and maintenance, lime business, environmental business, comprehensive chemicals, carbon materials, and secondary battery anode materials among others. The group operates in two segments: Basic Materials Division which includes Refractory Business, Lime Mars Business, and Energy Materials Division, and the majority of its revenue is generated from the Energy Materials Division.

Posco Future M Headlines

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