Won IK (XKRX:032940) Days Payable : 44.71 (As of Mar. 2024)

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What is Won IK Days Payable?

Won IK's average Accounts Payable for the three months ended in Mar. 2024 was ₩7,979 Mil. Won IK's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩16,285 Mil. Hence, Won IK's Days Payable for the three months ended in Mar. 2024 was 44.71.

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

XKRX:032940' s Days Payable Range Over the Past 10 Years
Min: 32.34 Med: 37.44 Max: 56.16
Current: 45.34

During the past 13 years, Won IK's highest Days Payable was 56.16. The lowest was 32.34. And the median was 37.44.

XKRX:032940's Days Payable is ranked worse than
64.68% of 470 companies
in the Conglomerates industry
Industry Median: 59.305 vs XKRX:032940: 45.34

Won IK's Days Payable increased from Mar. 2023 (40.44) to Mar. 2024 (44.71). It may suggest that Won IK delayed paying its suppliers.

Won IK Days Payable Historical Data

The historical data trend for Won IK'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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Won IK Days Payable Chart

Won IK Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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35.81

32.34

36.69

36.14

34.87

Won IK 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															40.44	44.61	45.86	41.77	44.71

Competitive Comparison of Won IK's Days Payable

For the Conglomerates subindustry, Won IK'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.

Won IK's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Won IK's Days Payable distribution charts can be found below:

* The bar in red indicates where Won IK's Days Payable falls into.

Won IK 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.

Won IK'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
=	( (5869.837	+	6707.418)	/	2 )	/	65833.09	*	365
=	6288.6275					/	65833.09	*	365
=	34.87

Won IK'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
=	( (6707.418	+	9249.964)	/	2 )	/	16284.696	*	365 / 4
=	7978.691					/	16284.696	*	365 / 4
=	44.71

Won IK Days Payable Related Terms

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Won IK (XKRX:032940) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Won IK Corp (XKRX:032940) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

20, Pangyo-ro 255beon-gil, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 137-070

Website

http://www.wonik.com

Won IK Corp is engaged in the semiconductor, construction and leisure, trade distribution, medical health care, finance, and electric and electronics businesses in South Korea. It engages in the research and development, manufacture, and sale of semiconductor, SMC, FPD, solar cell, and TGS equipment; and semiconductor gas and display materials. The company also manufactures and distributes quartz and ceramic parts used in the production of semiconductors, TFT, and LCD.

Won IK (XKRX:032940) Headlines

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