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Soosan Heavy Industries Co., (XKRX:017555.PFD) Days Payable : 26.47 (As of Dec. 2024)


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What is Soosan Heavy Industries Co., Days Payable?

Soosan Heavy Industries Co.,'s average Accounts Payable for the three months ended in Dec. 2024 was ₩10,607.75 Mil. Soosan Heavy Industries Co.,'s Cost of Goods Sold for the three months ended in Dec. 2024 was ₩36,570.36 Mil. Hence, Soosan Heavy Industries Co.,'s Days Payable for the three months ended in Dec. 2024 was 26.47.

The historical rank and industry rank for Soosan Heavy Industries Co.,'s Days Payable or its related term are showing as below:

XKRX:017555.PFD' s Days Payable Range Over the Past 10 Years
Min: 18.95   Med: 35.06   Max: 51.47
Current: 30.15

During the past 13 years, Soosan Heavy Industries Co.,'s highest Days Payable was 51.47. The lowest was 18.95. And the median was 35.06.

XKRX:017555.PFD's Days Payable is ranked worse than
92.31% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 67.37 vs XKRX:017555.PFD: 30.15

Soosan Heavy Industries Co.,'s Days Payable increased from Dec. 2023 (25.55) to Dec. 2024 (26.47). It may suggest that Soosan Heavy Industries Co., delayed paying its suppliers.


Soosan Heavy Industries Co., Days Payable Historical Data

The historical data trend for Soosan Heavy Industries 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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Soosan Heavy Industries Co., Days Payable Chart

Soosan Heavy Industries Co., 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 43.73 35.90 34.16 28.68 18.95

Soosan Heavy Industries 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 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 25.55 30.11 41.26 33.90 26.47

Competitive Comparison of Soosan Heavy Industries Co.,'s Days Payable

For the Farm & Heavy Construction Machinery subindustry, Soosan Heavy Industries 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.


Soosan Heavy Industries Co.,'s Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Soosan Heavy Industries Co.,'s Days Payable distribution charts can be found below:

* The bar in red indicates where Soosan Heavy Industries Co.,'s Days Payable falls into.


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Soosan Heavy Industries 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.

Soosan Heavy Industries 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
=( (8556.145 + 6988.505) / 2 ) / 149676.406*365
=7772.325 / 149676.406*365
=18.95

Soosan Heavy Industries 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
=( (14226.987 + 6988.505) / 2 ) / 36570.361*365 / 4
=10607.746 / 36570.361*365 / 4
=26.47

* 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.


Soosan Heavy Industries Co., Days Payable Related Terms

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Soosan Heavy Industries Co., Business Description

Traded in Other Exchanges
Address
109-2 Songsan-Ri, Yanggam-Myeon, Hwaseong-Si, Gyeonggi-Do, KOR, 445-933
Soosan Heavy Industries Co Ltd operates in the farm and construction equipment industry in South Korea. The company manufactures equipments like breaker, crane, drill rig, rod, and special purpose machinery.

Soosan Heavy Industries Co., Headlines

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