Sangsangin Co (XKRX:038540) Days Payable: 11.60 (As of Jun. 2026) — 45% Below Median

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XKRX:038540 Sangsangin Co Ltd XKRX:038540
57 GF Score
Price ₩1,968.00
GF Value ₩1,259.87
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Sangsangin Co Days Payable?

Sangsangin Co XKRX:038540 -1.11% 57 Days Payable is 11.60 as of Jun. 2026, which is 45% below its 10-year median of 20.99. GuruFocus rates XKRX:038540 with a GF Score™ of 57/100 and a GF Value™ of ₩1,259.87 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 33 Banks companies, Sangsangin Co ranks worse than 63.64% on this metric.

Sangsangin Co's average Accounts Payable for the three months ended in Jun. 2026 was ₩13,771 Mil. Sangsangin Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ₩108,314 Mil. Hence, Sangsangin Co's Days Payable for the three months ended in Jun. 2026 was 11.60.

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

XKRX:038540' s Days Payable Range Over the Past 10 Years
Min: 16.43   Med: 20.99   Max: 103.88
Current: 20.56

During the past 13 years, Sangsangin Co's highest Days Payable was 103.88. The lowest was 16.43. And the median was 20.99.

XKRX:038540's Days Payable is ranked worse than
63.64% of 33 companies
in the Banks industry
Industry Median: 27.59 vs XKRX:038540: 20.56

Sangsangin Co's Days Payable declined from Mar. 2025 (17.33) to Jun. 2026 (11.60). It may suggest that Sangsangin Co accelerated paying its suppliers.


Sangsangin Co Days Payable Historical Data

* Premium members only.

The historical data trend for Sangsangin 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.

Sangsangin Co Days Payable Chart

Sangsangin Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.17 17.40 16.81 20.28 16.26

Sangsangin Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Mar26 Jun26
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 17.33 14.92 6.65 12.85 11.60

XKRX:038540 vs USB, PNC: Days Payable Comparison

For the Banks - Regional subindustry, Sangsangin 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.


Sangsangin Co Days Payable vs Banks Industry

For the Banks industry and Financial Services sector, Sangsangin Co's Days Payable distribution charts can be found below:

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


XKRX:038540
57GF Score
Sangsangin Co Ltd XKRX:038540
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sangsangin 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.

Sangsangin Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (21057.38682 + 13115.143456) / 2 ) / 383621.347667*365
=17086.265138 / 383621.347667*365
=16.26

Sangsangin Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (14089.167818 + 13452.867607) / 2 ) / 108314.200639*365 / 4
=13771.0177125 / 108314.200639*365 / 4
=11.60

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 11.60 mean?
Sangsangin Co (XKRX:038540) has a Days Payable of 11.60 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sangsangin Co and its competitors. This is 45% below median its historical median of 20.99. Over the past decade, Sangsangin Co's Days Payable has ranged from 16.43 to 103.88. According to the industry distribution chart, Sangsangin Co ranks #21 out of 33 companies in the Banks industry, placing it in the top 63.6%.
Is Sangsangin Co's Days Payable too high?
Sangsangin Co's current Days Payable of 11.60 is 45% below median its 10-year median of 20.99. Over the past 10 years, this metric has ranged from a low of 16.43 to a high of 103.88. The Banks industry median Days Payable is 27.59. Sangsangin Co's value of 11.60 is 58% below this industry median. Based on the distribution chart, Sangsangin Co ranks #21 out of 33 companies in the Banks industry, which is below the industry midpoint. Overall, Sangsangin Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sangsangin Co's Days Payable compare to USB and PNC?
According to the Banks industry distribution chart, Sangsangin Co ranks #21 out of 33 companies for Days Payable. This places Sangsangin Co in the lower half of its industry. The industry median Days Payable is 27.59. Sangsangin Co's value of 11.60 is 58% below this benchmark. Historically, Sangsangin Co's own Days Payable has ranged from 16.43 to 103.88 over the past decade. While the company's 10-year median is 20.99 vs. the industry median of 27.59, Sangsangin Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Banks company?
The median Days Payable among Banks companies is 27.59, based on 33 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sangsangin Co's current Days Payable of 11.60 is 58% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sangsangin Co and its competitors. For the Banks industry, the median Days Payable is 27.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sangsangin Co's current Days Payable is 11.60, which is 45% below median its own 10-year median of 20.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sangsangin Co stock overvalued right now?
Based on GuruFocus' analysis, Sangsangin Co (XKRX:038540) is currently considered Significantly Overvalued. The stock's GF Value™ is ₩1,259.87, compared to a current price of ₩1,968.00 — trading 56.2% above its estimated fair value. The current Days Payable is 11.60, which is 45% below median its 10-year median of 20.99 and 58% below the Banks industry median of 27.59. Sangsangin Co's overall GF Score™ is 57/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Sangsangin Co (XKRX:038540), the current Days Payable is 11.60 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sangsangin Co (XKRX:038540) Overvalued in 2026?

Based on GuruFocus' analysis, Sangsangin Co stock appears to be overvalued. The current stock price of ₩1,968.00 is trading 56.2% above its estimated GF Value™ of ₩1,259.87. GuruFocus considers Sangsangin Co to be Significantly Overvalued.

Key valuation signals for XKRX:038540:

  • Days Payable: 11.60 (45% below median its 10-year median of 20.99)
  • GF Value™: ₩1,259.87 vs. price of ₩1,968.00 (56.2% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 58% below the Banks median (#21 of 33)

No single metric tells the full story. See the XKRX:038540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sangsangin Co Business Description

Address 358 Hwangsaewul-Road, Bundang-Gu, Gyeonggi-Do, Seongnam-Si, KOR, 153-759
Sangsangin Co Ltd is engaged in the business of information and communication, finance, shipbuilding, and computer program development. The information and communication business provides a comprehensive range of services from network design, equipment supply and installation, and maintenance. The financial business sector mainly engages in savings banks and financial investment businesses, and the shipbuilding business manufactures and sells facilities and equipment used for the construction or repair of ships, and the computer program development and operation business segment develops and directly operates or sells computer programs necessary for network construction and collateral management, and the majority of its revenue generated from the Financial sector.
57GF Score

Get the complete analysis for XKRX:038540

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₩1,968.00
Price
₩1,259.87
GF Value