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PC Direct (XKRX:051380) Days Payable : 32.80 (As of Sep. 2024)


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What is PC Direct Days Payable?

PC Direct's average Accounts Payable for the three months ended in Sep. 2024 was ₩26,270 Mil. PC Direct's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩73,082 Mil. Hence, PC Direct's Days Payable for the three months ended in Sep. 2024 was 32.80.

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

XKRX:051380' s Days Payable Range Over the Past 10 Years
Min: 18.28   Med: 21.73   Max: 30.58
Current: 30.28

During the past 13 years, PC Direct's highest Days Payable was 30.58. The lowest was 18.28. And the median was 21.73.

XKRX:051380's Days Payable is ranked worse than
86.67% of 2416 companies
in the Hardware industry
Industry Median: 68.85 vs XKRX:051380: 30.28

PC Direct's Days Payable increased from Sep. 2023 (28.40) to Sep. 2024 (32.80). It may suggest that PC Direct delayed paying its suppliers.


PC Direct Days Payable Historical Data

The historical data trend for PC Direct'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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PC Direct Days Payable Chart

PC Direct 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 20.45 21.80 18.28 20.84 26.64

PC Direct 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 28.40 28.02 29.49 34.11 32.80

Competitive Comparison of PC Direct's Days Payable

For the Electronics & Computer Distribution subindustry, PC Direct'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.


PC Direct's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where PC Direct's Days Payable falls into.



PC Direct 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.

PC Direct'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
=( (20085.493 + 21801.557) / 2 ) / 286960.172*365
=20943.525 / 286960.172*365
=26.64

PC Direct'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
=( (30117.577 + 22422.961) / 2 ) / 73082.366*365 / 4
=26270.269 / 73082.366*365 / 4
=32.80

* 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.


PC Direct Days Payable Related Terms

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PC Direct Business Description

Traded in Other Exchanges
N/A
Address
6th KuenKil Tower, 677-25 Yeoksam-dong, Gangnam-gu, Seoul, KOR, 135-080
PC Direct Inc is a South Korean company operates in computer division industry. The services offered by the company include sales of core IT components, introduction of new products, solution business, product promotion, and product information.

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