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TPC Mechatronics (XKRX:048770) Days Payable : 86.47 (As of Sep. 2024)


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What is TPC Mechatronics Days Payable?

TPC Mechatronics's average Accounts Payable for the three months ended in Sep. 2024 was ₩17,254 Mil. TPC Mechatronics's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩18,209 Mil. Hence, TPC Mechatronics's Days Payable for the three months ended in Sep. 2024 was 86.47.

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

XKRX:048770' s Days Payable Range Over the Past 10 Years
Min: 92.84   Med: 102.93   Max: 137.2
Current: 94.09

During the past 13 years, TPC Mechatronics's highest Days Payable was 137.20. The lowest was 92.84. And the median was 102.93.

XKRX:048770's Days Payable is ranked better than
66.43% of 2416 companies
in the Hardware industry
Industry Median: 68.85 vs XKRX:048770: 94.09

TPC Mechatronics's Days Payable declined from Sep. 2023 (91.82) to Sep. 2024 (86.47). It may suggest that TPC Mechatronics accelerated paying its suppliers.


TPC Mechatronics Days Payable Historical Data

The historical data trend for TPC Mechatronics'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.

TPC Mechatronics Days Payable Chart

TPC Mechatronics 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 98.06 103.22 92.84 93.94 102.63

TPC Mechatronics Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 91.82 92.75 100.47 98.95 86.47

Competitive Comparison of TPC Mechatronics's Days Payable

For the Electronic Components subindustry, TPC Mechatronics'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.


TPC Mechatronics's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TPC Mechatronics's Days Payable distribution charts can be found below:

* The bar in red indicates where TPC Mechatronics's Days Payable falls into.



TPC Mechatronics 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.

TPC Mechatronics'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
=( (21749.724 + 19673.217) / 2 ) / 73656.143*365
=20711.4705 / 73656.143*365
=102.63

TPC Mechatronics's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (18727.248 + 15780.996) / 2 ) / 18208.942*365 / 4
=17254.122 / 18208.942*365 / 4
=86.47

* 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.


TPC Mechatronics Days Payable Related Terms

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TPC Mechatronics Business Description

Traded in Other Exchanges
N/A
Address
111-84, Hwagok-dong, Gangseo-gu, Seoul, KOR, 157-010
TPC Mechatronics Corp manufactures and sells pneumatic equipment in South Korea. The company's pneumatic products include actuators, directional control valves, air preparation units, fitting and speed controllers, vacuum equipment, and hydraulic cylinders, as well as silencers, poly urethane tubes, floating joints, auto and pressure switches, rotary joints, and digital pressure sensors. It also offers collaborative robots for use in loading/unloading CNC machines, metal fabrication, molding operations, packaging, PCB handling and ICT, and test and inspection applications; and motion solutions, such as Cartesian robots, electric cylinders, linear motors, linear stages, servo motors, LM systems, and micro stage products, as well as 3D printers.

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