Yura Tech Co (XKRX:048430) Days Payable : 30.36 (As of Mar. 2024)

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What is Yura Tech Co Days Payable?

Yura Tech Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩15,246 Mil. Yura Tech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩45,819 Mil. Hence, Yura Tech Co's Days Payable for the three months ended in Mar. 2024 was 30.36.

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

XKRX:048430' s Days Payable Range Over the Past 10 Years
Min: 27.53 Med: 31.99 Max: 41.96
Current: 29.45

During the past 13 years, Yura Tech Co's highest Days Payable was 41.96. The lowest was 27.53. And the median was 31.99.

XKRX:048430's Days Payable is ranked worse than
86.19% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 66.62 vs XKRX:048430: 29.45

Yura Tech Co's Days Payable declined from Mar. 2023 (31.41) to Mar. 2024 (30.36). It may suggest that Yura Tech Co accelerated paying its suppliers.

Yura Tech Co Days Payable Historical Data

The historical data trend for Yura Tech 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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Yura Tech Co Days Payable Chart

Yura Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

27.53

31.81

32.82

32.16

29.96

Yura Tech 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															31.41	30.22	28.42	27.69	30.36

Competitive Comparison of Yura Tech Co's Days Payable

For the Auto Parts subindustry, Yura Tech 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.

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

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

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

Yura Tech 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.

Yura Tech 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
=	( (15597.451	+	15819.619)	/	2 )	/	191361.683	*	365
=	15708.535					/	191361.683	*	365
=	29.96

Yura Tech 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
=	( (15819.619	+	14673.279)	/	2 )	/	45818.894	*	365 / 4
=	15246.449					/	45818.894	*	365 / 4
=	30.36

Yura Tech Co Days Payable Related Terms

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Yura Tech Co (XKRX:048430) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Yura Tech Co Ltd (XKRX:048430) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

25, Araegipeunnae-gil, Jeondong-myeon, Sejong, KOR

Website

http://www.yuratech.co.kr

Yura Tech Co Ltd engages in the manufacture and sale of automobile ignition components. Its products include ignition and stick coils, spark, platinum, glow and iridium plugs, spark plug cables, glow relay unit, wiring harness, and others.

Yura Tech Co (XKRX:048430) Headlines

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