NVH Korea (XKRX:067570) Days Payable : 51.58 (As of Sep. 2024)

View and export this data going back to 2013. Start your Free Trial

What is NVH Korea Days Payable?

NVH Korea's average Accounts Payable for the three months ended in Sep. 2024 was ₩200,852 Mil. NVH Korea's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩355,296 Mil. Hence, NVH Korea's Days Payable for the three months ended in Sep. 2024 was 51.58.

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

XKRX:067570' s Days Payable Range Over the Past 10 Years
Min: 50.38 Med: 61.84 Max: 81.14
Current: 50.38

During the past 12 years, NVH Korea's highest Days Payable was 81.14. The lowest was 50.38. And the median was 61.84.

XKRX:067570's Days Payable is ranked worse than
63.63% of 1273 companies
in the Vehicles & Parts industry
Industry Median: 66.34 vs XKRX:067570: 50.38

NVH Korea's Days Payable declined from Sep. 2023 (53.01) to Sep. 2024 (51.58). It may suggest that NVH Korea accelerated paying its suppliers.

NVH Korea Days Payable Historical Data

The historical data trend for NVH Korea'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.

NVH Korea Days Payable Chart

NVH Korea Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

55.76

51.58

54.62

59.27

61.99

NVH Korea 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															53.01	50.23	56.20	48.24	51.58

Competitive Comparison of NVH Korea's Days Payable

For the Auto Parts subindustry, NVH Korea'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.

NVH Korea's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where NVH Korea's Days Payable falls into.

NVH Korea 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.

NVH Korea'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
=	( (192445.171	+	214649.408)	/	2 )	/	1198482.44	*	365
=	203547.2895					/	1198482.44	*	365
=	61.99

NVH Korea'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
=	( (208779.923	+	192923.893)	/	2 )	/	355296.269	*	365 / 4
=	200851.908					/	355296.269	*	365 / 4
=	51.58

NVH Korea Days Payable Related Terms

Thank you for viewing the detailed overview of NVH Korea's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

NVH Korea Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NVH Korea Inc (XKRX:067570) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

207-14, Modyulhwasaneop-ro, Buk-gu, Ulsan, KOR

Website

http://www.nvh-korea.co.kr

NVH Korea Inc is engaged in the development and production of materials and components for the automotive industry. The company mainly manufactures sound insulating and sound absorbing materials. Its product offerings include Isolation dash pad, Tunnel pad, Floor module, Car mat, Sound Absorption Pads, Engine under cover, floor under cover, Insulator Tunnel, Wheel Guard, among others.

NVH Korea Headlines

No Headlines