Meere Co (XKRX:049950) Days Payable : 31.48 (As of Dec. 2024)

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What is Meere Co Days Payable?

Meere Co's average Accounts Payable for the three months ended in Dec. 2024 was ₩4,855 Mil. Meere Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩14,073 Mil. Hence, Meere Co's Days Payable for the three months ended in Dec. 2024 was 31.48.

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

XKRX:049950' s Days Payable Range Over the Past 10 Years
Min: 24.59 Med: 49.01 Max: 79.98
Current: 42.1

During the past 13 years, Meere Co's highest Days Payable was 79.98. The lowest was 24.59. And the median was 49.01.

XKRX:049950's Days Payable is ranked worse than
62.94% of 985 companies
in the Semiconductors industry
Industry Median: 52.5 vs XKRX:049950: 42.10

Meere Co's Days Payable declined from Dec. 2023 (44.12) to Dec. 2024 (31.48). It may suggest that Meere Co accelerated paying its suppliers.

Meere Co Days Payable Historical Data

The historical data trend for Meere 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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Meere Co Days Payable Chart

Meere Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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50.12

45.47

34.66

24.59

25.27

Meere Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															44.12	104.90	51.98	29.61	31.48

Competitive Comparison of Meere Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, Meere 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.

Meere Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Meere Co's Days Payable distribution charts can be found below:

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

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Meere 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.

Meere Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (3441.867	+	3293.81)	/	2 )	/	48646.955	*	365
=	3367.8385					/	48646.955	*	365
=	25.27

Meere Co's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (6416.388	+	3293.81)	/	2 )	/	14073.101	*	365 / 4
=	4855.099					/	14073.101	*	365 / 4
=	31.48

Meere Co Days Payable Related Terms

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Meere Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Meere Co Inc (XKRX:049950) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

69-12, Jeongmunsongsan-ro, Yanggam-Myeon, Hwaseong, Gyeonggi, KOR

Website

http://www.meerecompany.com

Meere Co Inc designs & develops components & equipment for liquid crystal display, semi-conductor automation & solar battery. Its products include grinder, inspection, laser machine, wafer sorter, auto packing machine, memory repair, three dimensional (3D) thickness metrology and 3-dimensional surface profiler, laser scriber, cell counter, surgical robot, and time of flight 3D range camera.

Meere Co Headlines

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