AUSTEM Co (XKRX:031510) Days Payable : 37.88 (As of Jun. 2024)

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What is AUSTEM Co Days Payable?

AUSTEM Co's average Accounts Payable for the three months ended in Jun. 2024 was ₩9,459 Mil. AUSTEM Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ₩22,783 Mil. Hence, AUSTEM Co's Days Payable for the three months ended in Jun. 2024 was 37.88.

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

XKRX:031510' s Days Payable Range Over the Past 10 Years
Min: 23.75 Med: 31.16 Max: 36.7
Current: 31.75

During the past 13 years, AUSTEM Co's highest Days Payable was 36.70. The lowest was 23.75. And the median was 31.16.

XKRX:031510's Days Payable is ranked worse than
84.34% of 1277 companies
in the Vehicles & Parts industry
Industry Median: 65.91 vs XKRX:031510: 31.75

AUSTEM Co's Days Payable increased from Jun. 2023 (32.71) to Jun. 2024 (37.88). It may suggest that AUSTEM Co delayed paying its suppliers.

AUSTEM Co Days Payable Historical Data

The historical data trend for AUSTEM 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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AUSTEM Co Days Payable Chart

AUSTEM Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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27.91

27.01

23.77

23.75

28.27

AUSTEM 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															32.71	31.10	28.56	29.79	37.88

Competitive Comparison of AUSTEM Co's Days Payable

For the Auto Parts subindustry, AUSTEM 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.

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

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

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

AUSTEM 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.

AUSTEM 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
=	( (6903.645	+	10258.315)	/	2 )	/	110799.471	*	365
=	8580.98					/	110799.471	*	365
=	28.27

AUSTEM 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
=	( (9839.27	+	9078.238)	/	2 )	/	22782.867	*	365 / 4
=	9458.754					/	22782.867	*	365 / 4
=	37.88

AUSTEM Co Days Payable Related Terms

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AUSTEM Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » AUSTEM Co Ltd (XKRX:031510) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

462-1 Jangsan-ri, Susin-myeon, Cheonan-si, Chungcheongnam-do, KOR, 330-882

Website

http://www.austem.co.kr

AUSTEM Co Ltd operates in the auto parts industry in South Korea. The company is engaged in the manufacturing of parts and accessories for motor vehicles. The products of the company include chassis and module, axle, steel wheel, seat, and ceramic.

AUSTEM Co Headlines

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