Frtek Co (XKRX:073540) Days Payable : 68.25 (As of Dec. 2023)

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What is Frtek Co Days Payable?

Frtek Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩7,340 Mil. Frtek Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩9,814 Mil. Hence, Frtek Co's Days Payable for the three months ended in Dec. 2023 was 68.25.

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

XKRX:073540' s Days Payable Range Over the Past 10 Years
Min: 44.38 Med: 82.49 Max: 167.43
Current: 106.56

During the past 13 years, Frtek Co's highest Days Payable was 167.43. The lowest was 44.38. And the median was 82.49.

XKRX:073540's Days Payable is ranked better than
73.78% of 2422 companies
in the Hardware industry
Industry Median: 67.735 vs XKRX:073540: 106.56

Frtek Co's Days Payable increased from Dec. 2022 (44.19) to Dec. 2023 (68.25). It may suggest that Frtek Co delayed paying its suppliers.

Frtek Co Days Payable Historical Data

The historical data trend for Frtek 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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Frtek Co Days Payable Chart

Frtek Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

52.28

86.18

58.03

77.58

129.96

Frtek 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															44.19	98.19	106.72	229.44	68.25

Competitive Comparison of Frtek Co's Days Payable

For the Communication Equipment subindustry, Frtek 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.

Frtek Co's Days Payable Distribution in the Hardware Industry

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

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

Frtek 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.

Frtek 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
=	( (6065.248	+	7742.554)	/	2 )	/	19389.924	*	365
=	6903.901					/	19389.924	*	365
=	129.96

Frtek 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
=	( (6937.466	+	7742.554)	/	2 )	/	9814.255	*	365 / 4
=	7340.01					/	9814.255	*	365 / 4
=	68.25

Frtek Co Days Payable Related Terms

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Frtek Co (XKRX:073540) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Frtek Co Ltd (XKRX:073540) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

11-25, Simin-daero 327beon-gil, FRTek Tower, Dongan-gu, Gyeonggi-do, Anyang-si,, KOR, 14055

Website

http://www.frtek.co.kr

Frtek Co Ltd is involved in providing mobile communication systems and LED lighting products in South Korea. The company offers wireless solutions, such as interference cancellation system repeaters, and single operator and multi-operator digital DAS. The company offers wireless solutions, such as DAS systems, ICS systems, RF repeaters, and DMS systems; LED solutions and amplifier solutions and custom amplifier products for defense industry.

Frtek Co (XKRX:073540) Headlines

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