Sungwoo Hitech Co (XKRX:015750) Days Payable : 37.75 (As of Dec. 2024)

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What is Sungwoo Hitech Co Days Payable?

Sungwoo Hitech Co's average Accounts Payable for the three months ended in Dec. 2024 was ₩366,306 Mil. Sungwoo Hitech Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩885,467 Mil. Hence, Sungwoo Hitech Co's Days Payable for the three months ended in Dec. 2024 was 37.75.

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

XKRX:015750' s Days Payable Range Over the Past 10 Years
Min: 33.18 Med: 40.53 Max: 56.49
Current: 37.06

During the past 13 years, Sungwoo Hitech Co's highest Days Payable was 56.49. The lowest was 33.18. And the median was 40.53.

XKRX:015750's Days Payable is ranked worse than
78.18% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 65.37 vs XKRX:015750: 37.06

Sungwoo Hitech Co's Days Payable increased from Dec. 2023 (33.72) to Dec. 2024 (37.75). It may suggest that Sungwoo Hitech Co delayed paying its suppliers.

Sungwoo Hitech Co Days Payable Historical Data

The historical data trend for Sungwoo Hitech 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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Sungwoo Hitech Co Days Payable Chart

Sungwoo Hitech Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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44.84

41.07

35.99

34.67

33.18

Sungwoo Hitech Co 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															33.72	37.33	37.13	39.98	37.75

Competitive Comparison of Sungwoo Hitech Co's Days Payable

For the Auto Parts subindustry, Sungwoo Hitech 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.

Sungwoo Hitech Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sungwoo Hitech Co's Days Payable distribution charts can be found below:

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

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Sungwoo Hitech 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.

Sungwoo Hitech Co'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
=	( (351575.002	+	333497.807)	/	2 )	/	3768399.893	*	365
=	342536.4045					/	3768399.893	*	365
=	33.18

Sungwoo Hitech Co'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
=	( (399114.416	+	333497.807)	/	2 )	/	885467.012	*	365 / 4
=	366306.1115					/	885467.012	*	365 / 4
=	37.75

Sungwoo Hitech Co Days Payable Related Terms

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Sungwoo Hitech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sungwoo Hitech Co Ltd (XKRX:015750) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

2-9, Nonggong-gil, Jeonggwan-myeon, Gijang-gun, Busan, KOR, 619-731

Website

http://www.swhitech.com

Sungwoo Hitech Co Ltd is a Korea based company engaged in the manufacturing, supply, and distribution of automobile parts and components. It offers products such as bumper rails, side members, fender apron completes, center floor completes, hood assemblies, dash completes, floor panel components, package-tray centers, inner lower, side sills, and others. The business activity of the group is primarily functioned through Korea and it also holds branches in the region of China, India, Germany, Russia, Slovakia, the Czech Republic and Uzbekistan.

Sungwoo Hitech Co Headlines

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