Samyoung M-Tek Co (XKRX:054540) Days Payable : 26.46 (As of Dec. 2023)

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What is Samyoung M-Tek Co Days Payable?

Samyoung M-Tek Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩6,163 Mil. Samyoung M-Tek Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩21,253 Mil. Hence, Samyoung M-Tek Co's Days Payable for the three months ended in Dec. 2023 was 26.46.

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

XKRX:054540' s Days Payable Range Over the Past 10 Years
Min: 26.88 Med: 37.59 Max: 55.2
Current: 27.08

During the past 13 years, Samyoung M-Tek Co's highest Days Payable was 55.20. The lowest was 26.88. And the median was 37.59.

XKRX:054540's Days Payable is ranked worse than
69.22% of 588 companies
in the Steel industry
Industry Median: 39.7 vs XKRX:054540: 27.08

Samyoung M-Tek Co's Days Payable increased from Dec. 2022 (25.69) to Dec. 2023 (26.46). It may suggest that Samyoung M-Tek Co delayed paying its suppliers.

Samyoung M-Tek Co Days Payable Historical Data

The historical data trend for Samyoung M-Tek 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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Samyoung M-Tek Co Days Payable Chart

Samyoung M-Tek Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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35.86

29.60

30.95

26.88

27.08

Samyoung M-Tek Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															25.69	28.52	-	-	26.46

Competitive Comparison of Samyoung M-Tek Co's Days Payable

For the Steel subindustry, Samyoung M-Tek 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.

Samyoung M-Tek Co's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Samyoung M-Tek Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Samyoung M-Tek Co's Days Payable falls into.

Samyoung M-Tek 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.

Samyoung M-Tek 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
=	( (5692.179	+	6163.212)	/	2 )	/	79906.576	*	365
=	5927.6955					/	79906.576	*	365
=	27.08

Samyoung M-Tek Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	6163.212)	/	1 )	/	21252.758	*	365 / 4
=	6163.212					/	21252.758	*	365 / 4
=	26.46

Samyoung M-Tek Co Days Payable Related Terms

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Samyoung M-Tek Co (XKRX:054540) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Samyoung M-Tek Co Ltd (XKRX:054540) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

631-35, Samchil-ro, Chilsu-Myu, Chilseo-Myeon, Haman, Gyeongnam, KOR, 637-940

Website

http://www.symtek.co.kr

Samyoung M-Tek Co Ltd is involved in manufacturing and selling industrial materials in South Korea. It offers structural materials for internal combustion engines, construction projects, and industrial machinery, as well as components for shipbuilding and power generation. The company provides steel structures, aseismatic structures, and components.

Samyoung M-Tek Co (XKRX:054540) Headlines

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