Posco DX Co (XKRX:022100) Days Payable : 57.14 (As of Mar. 2024)

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What is Posco DX Co Days Payable?

Posco DX Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩242,692 Mil. Posco DX Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩387,564 Mil. Hence, Posco DX Co's Days Payable for the three months ended in Mar. 2024 was 57.14.

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

XKRX:022100' s Days Payable Range Over the Past 10 Years
Min: 45.62 Med: 71.21 Max: 83.15
Current: 59.55

During the past 13 years, Posco DX Co's highest Days Payable was 83.15. The lowest was 45.62. And the median was 71.21.

XKRX:022100's Days Payable is ranked better than
54.75% of 2524 companies
in the Software industry
Industry Median: 49.575 vs XKRX:022100: 59.55

Posco DX Co's Days Payable declined from Mar. 2023 (58.22) to Mar. 2024 (57.14). It may suggest that Posco DX Co accelerated paying its suppliers.

Posco DX Co Days Payable Historical Data

The historical data trend for Posco DX 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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Posco DX Co Days Payable Chart

Posco DX Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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54.31

57.09

70.09

77.64

72.33

Posco DX 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															58.22	58.51	59.43	63.73	57.14

Competitive Comparison of Posco DX Co's Days Payable

For the Information Technology Services subindustry, Posco DX 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.

Posco DX Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Posco DX Co's Days Payable distribution charts can be found below:

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

Posco DX 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.

Posco DX 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
=	( (260269.96	+	254057.758)	/	2 )	/	1297818.86	*	365
=	257163.859					/	1297818.86	*	365
=	72.33

Posco DX 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
=	( (254057.758	+	231325.859)	/	2 )	/	387563.781	*	365 / 4
=	242691.8085					/	387563.781	*	365 / 4
=	57.14

Posco DX Co Days Payable Related Terms

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Posco DX Co (XKRX:022100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Posco DX Co Ltd (XKRX:022100) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

68, Hodong-ro, Nam-gu, Gyeongsangbuk-do, Pohang-si, KOR, 37861

Website

https://www.poscodx.com

Posco DX Co Ltd is a provider of information technology services and solutions. The firm has Smart Factory, Information Technology Services and Energy and SOC segments. Smart Factory segment comprises an automatically controlled production system that involves the management of the environment, facility, energy, safety, virtual, production, and logistics. IT Services segment consists of cloud, system deployment, infrastructure operation, and security for the need of clients. The energy segment comprises the services needed for using energy efficiently. The SOC segment includes solutions to urban infrastructures.

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