Castec Korea Co (XKRX:071850) Days Payable : 44.72 (As of Sep. 2024)

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What is Castec Korea Co Days Payable?

Castec Korea Co's average Accounts Payable for the three months ended in Sep. 2024 was ₩17,786 Mil. Castec Korea Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩36,291 Mil. Hence, Castec Korea Co's Days Payable for the three months ended in Sep. 2024 was 44.72.

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

XKRX:071850' s Days Payable Range Over the Past 10 Years
Min: 31.54 Med: 35.91 Max: 42.29
Current: 42.29

During the past 11 years, Castec Korea Co's highest Days Payable was 42.29. The lowest was 31.54. And the median was 35.91.

XKRX:071850's Days Payable is ranked worse than
72.74% of 1273 companies
in the Vehicles & Parts industry
Industry Median: 66.34 vs XKRX:071850: 42.29

Castec Korea Co's Days Payable increased from Sep. 2023 (44.51) to Sep. 2024 (44.72). It may suggest that Castec Korea Co delayed paying its suppliers.

Castec Korea Co Days Payable Historical Data

The historical data trend for Castec Korea 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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Castec Korea Co Days Payable Chart

Castec Korea Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

38.21

40.58

34.87

35.58

41.52

Castec Korea Co 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															44.51	43.07	41.59	41.79	44.72

Competitive Comparison of Castec Korea Co's Days Payable

For the Auto Parts subindustry, Castec Korea 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.

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

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

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

Castec Korea 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.

Castec Korea 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
=	( (20068.927	+	17824.579)	/	2 )	/	166551.905	*	365
=	18946.753					/	166551.905	*	365
=	41.52

Castec Korea Co'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
=	( (18781.473	+	16790.259)	/	2 )	/	36291.379	*	365 / 4
=	17785.866					/	36291.379	*	365 / 4
=	44.72

Castec Korea Co Days Payable Related Terms

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Castec Korea Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Castec Korea Co Ltd (XKRX:071850) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

750-1 Hajang-Dong, Sasang-Gu, Busan, KOR

Website

http://www.castec.co.kr

Castec Korea Co Ltd is engaged in manufacturing automobile components. The company's product offerings include Turbocharger, Compressor and other automobile parts.

Castec Korea Co Headlines

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