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Jeil Technos Co (XKRX:038010) Days Payable : 28.02 (As of Mar. 2024)


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What is Jeil Technos Co Days Payable?

Jeil Technos Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩12,121 Mil. Jeil Technos Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩39,470 Mil. Hence, Jeil Technos Co's Days Payable for the three months ended in Mar. 2024 was 28.02.

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

XKRX:038010' s Days Payable Range Over the Past 10 Years
Min: 24.6   Med: 40.53   Max: 49.29
Current: 28.26

During the past 13 years, Jeil Technos Co's highest Days Payable was 49.29. The lowest was 24.60. And the median was 40.53.

XKRX:038010's Days Payable is ranked worse than
69.8% of 586 companies
in the Steel industry
Industry Median: 41.43 vs XKRX:038010: 28.26

Jeil Technos Co's Days Payable declined from Mar. 2023 (34.72) to Mar. 2024 (28.02). It may suggest that Jeil Technos Co accelerated paying its suppliers.


Jeil Technos Co Days Payable Historical Data

The historical data trend for Jeil Technos 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.

* Premium members only.

Jeil Technos Co Days Payable Chart

Jeil Technos Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.29 45.68 34.06 34.39 24.60

Jeil Technos 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.72 35.26 36.86 18.55 28.02

Competitive Comparison of Jeil Technos Co's Days Payable

For the Steel subindustry, Jeil Technos 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.


Jeil Technos Co's Days Payable Distribution in the Steel Industry

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

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



Jeil Technos 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.

Jeil Technos 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
=( (15933.91 + 12704.003) / 2 ) / 212462.291*365
=14318.9565 / 212462.291*365
=24.60

Jeil Technos 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
=( (12704.003 + 11537.924) / 2 ) / 39469.791*365 / 4
=12120.9635 / 39469.791*365 / 4
=28.02

* 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.


Jeil Technos Co Days Payable Related Terms

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Jeil Technos Co (XKRX:038010) Business Description

Traded in Other Exchanges
N/A
Address
1850 Jangheung-dong, Nam-gu, Pohang-si, Gyeongbuk, KOR, 790-240
Jeil Technos Co Ltd is a South Korea based company engaged in manufacturing and selling steel products for structure works, shipbuilding works, and wind plant works. The company offers NT decks, multi-decks, cap-decks, and hi-decks and provides T-bars.

Jeil Technos Co (XKRX:038010) Headlines

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