Speco Co (XKRX:013810) Days Payable : 62.22 (As of Sep. 2024)

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What is Speco Co Days Payable?

Speco Co's average Accounts Payable for the three months ended in Sep. 2024 was ₩4,985 Mil. Speco Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩7,310 Mil. Hence, Speco Co's Days Payable for the three months ended in Sep. 2024 was 62.22.

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

XKRX:013810' s Days Payable Range Over the Past 10 Years
Min: 31.45 Med: 71.57 Max: 114.59
Current: 75.39

During the past 13 years, Speco Co's highest Days Payable was 114.59. The lowest was 31.45. And the median was 71.57.

XKRX:013810's Days Payable is ranked better than
52.88% of 382 companies
in the Building Materials industry
Industry Median: 72.48 vs XKRX:013810: 75.39

Speco Co's Days Payable declined from Sep. 2023 (71.05) to Sep. 2024 (62.22). It may suggest that Speco Co accelerated paying its suppliers.

Speco Co Days Payable Historical Data

The historical data trend for Speco 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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Speco Co Days Payable Chart

Speco Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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31.45

37.54

47.26

61.13

76.30

Speco Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															71.05	76.36	173.24	70.76	62.22

Competitive Comparison of Speco Co's Days Payable

For the Building Materials subindustry, Speco 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.

Speco Co's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Speco Co's Days Payable distribution charts can be found below:

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

Speco 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.

Speco 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
=	( (3928.811	+	3132.797)	/	2 )	/	16890.066	*	365
=	3530.804					/	16890.066	*	365
=	76.30

Speco Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (7135.609	+	2833.613)	/	2 )	/	7310.421	*	365 / 4
=	4984.611					/	7310.421	*	365 / 4
=	62.22

Speco Co Days Payable Related Terms

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Speco Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Speco Co Ltd (XKRX:013810) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

313, Soi-ro, Soi-myeon, Eumseong-gun, Chungcheongbuk-do, KOR, 369-872

Website

http://www.speco.co.kr

Speco Co Ltd is engaged in manufacturing of asphalt plants used in road construction and infrastructure projects. The company operates in four business divisions: Asphalt plant is engaged in supplying stationary asphalt plants; Concrete plant is engaged in the operation of SPECO B/P computerized operation system supplying concrete; Crushing plant is engaged in crushing particles using jaw crusher and cone crusher machines, and Wind Power is engaged in manufacturing wind power turbines.

Speco Co Headlines

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