Dongwon Systems (XKRX:014820) Days Payable : 54.98 (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Dongwon Systems Days Payable?

Dongwon Systems's average Accounts Payable for the three months ended in Dec. 2023 was ₩160,690 Mil. Dongwon Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩266,703 Mil. Hence, Dongwon Systems's Days Payable for the three months ended in Dec. 2023 was 54.98.

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

XKRX:014820' s Days Payable Range Over the Past 10 Years
Min: 37.35 Med: 45.59 Max: 87.75
Current: 47.09

During the past 13 years, Dongwon Systems's highest Days Payable was 87.75. The lowest was 37.35. And the median was 45.59.

XKRX:014820's Days Payable is ranked worse than
63.59% of 368 companies
in the Packaging & Containers industry
Industry Median: 57.64 vs XKRX:014820: 47.09

Dongwon Systems's Days Payable increased from Dec. 2022 (36.72) to Dec. 2023 (54.98). It may suggest that Dongwon Systems delayed paying its suppliers.

Dongwon Systems Days Payable Historical Data

The historical data trend for Dongwon Systems'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.

* Premium members only.

Dongwon Systems Days Payable Chart

Dongwon Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

37.35

38.10

40.50

37.83

45.04

Dongwon Systems 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															36.72	44.19	44.69	47.22	54.98

Competitive Comparison of Dongwon Systems's Days Payable

For the Packaging & Containers subindustry, Dongwon Systems'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.

Dongwon Systems's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Dongwon Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where Dongwon Systems's Days Payable falls into.

Dongwon Systems 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.

Dongwon Systems'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
=	( (118896.728	+	158477.166)	/	2 )	/	1123810.68	*	365
=	138686.947					/	1123810.68	*	365
=	45.04

Dongwon Systems'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
=	( (162902.661	+	158477.166)	/	2 )	/	266702.83	*	365 / 4
=	160689.9135					/	266702.83	*	365 / 4
=	54.98

Dongwon Systems Days Payable Related Terms

Thank you for viewing the detailed overview of Dongwon Systems's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Dongwon Systems (XKRX:014820) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Dongwon Systems Corp (XKRX:014820) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

014825:Korea

Address

68, Mabang-ro, Dongwon Industrial Building, Seocho-gu, Seoul, KOR, 430-030

Website

https://www.dongwonsystems.com

Dongwon Systems Corp is engaged in the business of packaging. Its categories include soft packing; glass bottle; PET bottle; aluminum can; steel cans; paper box; industrial film; sanitary film and others.

Dongwon Systems (XKRX:014820) Headlines

No Headlines