Seowon Co (XKRX:021050) Days Payable : 9.93 (As of Jun. 2024)

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What is Seowon Co Days Payable?

Seowon Co's average Accounts Payable for the three months ended in Jun. 2024 was ₩43,457 Mil. Seowon Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ₩399,517 Mil. Hence, Seowon Co's Days Payable for the three months ended in Jun. 2024 was 9.93.

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

XKRX:021050' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 15.19
Current: 15.19

During the past 13 years, Seowon Co's highest Days Payable was 15.19. The lowest was 0.00. And the median was 0.00.

XKRX:021050's Days Payable is ranked worse than
96.88% of 2947 companies
in the Industrial Products industry
Industry Median: 75.59 vs XKRX:021050: 15.19

Seowon Co's Days Payable increased from Jun. 2023 (5.87) to Jun. 2024 (9.93). It may suggest that Seowon Co delayed paying its suppliers.

Seowon Co Days Payable Historical Data

The historical data trend for Seowon 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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Seowon Co Days Payable Chart

Seowon Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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Seowon Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															5.87	6.31	4.43	47.03	9.93

Competitive Comparison of Seowon Co's Days Payable

For the Metal Fabrication subindustry, Seowon 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.

Seowon Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Seowon Co's Days Payable distribution charts can be found below:

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

Seowon 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.

Seowon 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
=	( (0	+	0)	/	1 )	/	223838.335	*	365
=	0					/	223838.335	*	365
=	0.00

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

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (29559.555	+	57355.342)	/	2 )	/	399516.941	*	365 / 4
=	43457.4485					/	399516.941	*	365 / 4
=	9.93

Seowon Co Days Payable Related Terms

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Seowon Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Seowon Co Ltd (XKRX:021050) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

165-3 Choonye-Dong, Wonmi-gu, Buchon, Kyungki-do, KOR, 420-859

Website

http://www.swbrass.co.kr

Seowon Co Ltd manufactures and constructs agricultural and commercial irrigation products. Its products include pipes, fittings, joints, pump and valves, spray watering hoes, disc filter and fertigation system.

Seowon Co Headlines

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