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Ilji Technology Co (XKRX:019540) Days Payable : 45.85 (As of Mar. 2024)


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What is Ilji Technology Co Days Payable?

Ilji Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩82,355 Mil. Ilji Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩163,905 Mil. Hence, Ilji Technology Co's Days Payable for the three months ended in Mar. 2024 was 45.85.

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

XKRX:019540' s Days Payable Range Over the Past 10 Years
Min: 34.81   Med: 84.07   Max: 97.96
Current: 43.22

During the past 13 years, Ilji Technology Co's highest Days Payable was 97.96. The lowest was 34.81. And the median was 84.07.

XKRX:019540's Days Payable is ranked worse than
72.78% of 1264 companies
in the Vehicles & Parts industry
Industry Median: 66.61 vs XKRX:019540: 43.22

Ilji Technology Co's Days Payable increased from Mar. 2023 (32.88) to Mar. 2024 (45.85). It may suggest that Ilji Technology Co delayed paying its suppliers.


Ilji Technology Co Days Payable Historical Data

The historical data trend for Ilji Technology 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.

* Premium members only.

Ilji Technology Co Days Payable Chart

Ilji Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.99 77.29 66.36 46.36 34.81

Ilji Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 32.88 37.08 54.01 46.01 45.85

Competitive Comparison of Ilji Technology Co's Days Payable

For the Auto Parts subindustry, Ilji Technology 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.


Ilji Technology Co's Days Payable Distribution in the Vehicles & Parts Industry

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

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



Ilji Technology 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.

Ilji Technology 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
=( (27759.022 + 76388.795) / 2 ) / 545982.697*365
=52073.9085 / 545982.697*365
=34.81

Ilji Technology Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (76388.795 + 88320.241) / 2 ) / 163904.715*365 / 4
=82354.518 / 163904.715*365 / 4
=45.85

* 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.


Ilji Technology Co Days Payable Related Terms

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Ilji Technology Co (XKRX:019540) Business Description

Traded in Other Exchanges
N/A
Address
1210-3 Sinsang-Ri, Jillyang-Eup, Gyeongsan, Gyeongbuk, KOR, 712-838
Ilji Technology Co Ltd is a South Korean company operating in the auto parts industry. The company is engaged in the automobile body parts production and press mold production. The products of the company include PNL ASSY-HOOD, PNL ASSY-DASH COMPL, and PNL ASSY-QTR COMPL.

Ilji Technology Co (XKRX:019540) Headlines

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