Hwangkum Steel & Technology Co (XKRX:032560) Days Payable : 42.40 (As of Dec. 2024)

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What is Hwangkum Steel & Technology Co Days Payable?

Hwangkum Steel & Technology Co's average Accounts Payable for the three months ended in Dec. 2024 was ₩35,025 Mil. Hwangkum Steel & Technology Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩75,386 Mil. Hence, Hwangkum Steel & Technology Co's Days Payable for the three months ended in Dec. 2024 was 42.40.

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

XKRX:032560' s Days Payable Range Over the Past 10 Years
Min: 17.79 Med: 32.54 Max: 44.49
Current: 44.49

During the past 13 years, Hwangkum Steel & Technology Co's highest Days Payable was 44.49. The lowest was 17.79. And the median was 32.54.

XKRX:032560's Days Payable is ranked better than
54.41% of 601 companies
in the Steel industry
Industry Median: 39.45 vs XKRX:032560: 44.49

Hwangkum Steel & Technology Co's Days Payable increased from Dec. 2023 (32.71) to Dec. 2024 (42.40). It may suggest that Hwangkum Steel & Technology Co delayed paying its suppliers.

Hwangkum Steel & Technology Co Days Payable Historical Data

The historical data trend for Hwangkum Steel & 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.

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Hwangkum Steel & Technology Co Days Payable Chart

Hwangkum Steel & Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

27.35

42.07

34.96

33.05

41.93

Hwangkum Steel & Technology 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															32.71	45.34	42.30	51.22	42.40

Competitive Comparison of Hwangkum Steel & Technology Co's Days Payable

For the Steel subindustry, Hwangkum Steel & 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.

Hwangkum Steel & Technology Co's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hwangkum Steel & Technology Co's Days Payable distribution charts can be found below:

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

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Hwangkum Steel & 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.

Hwangkum Steel & Technology 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
=	( (32905.807	+	30230.727)	/	2 )	/	274795.857	*	365
=	31568.267					/	274795.857	*	365
=	41.93

Hwangkum Steel & Technology 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
=	( (39818.456	+	30230.727)	/	2 )	/	75386.014	*	365 / 4
=	35024.5915					/	75386.014	*	365 / 4
=	42.40

Hwangkum Steel & Technology Co Days Payable Related Terms

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Hwangkum Steel & Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hwangkum Steel & Technology Co Ltd (XKRX:032560) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

25 Emtibeui 1-ro, Danwon-gu, Ansan, KOR, 15657

Website

http://www.hwangkum.com

Hwangkum Steel & Technology Co Ltd manufactures and distributes stainless steel sheets including hot-rolled and cold-rolled steel sheets, plates, and flat bars in South Korea.

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