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DONG A ELTEK Co (XKRX:088130) Days Payable : 108.71 (As of Sep. 2024)


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What is DONG A ELTEK Co Days Payable?

DONG A ELTEK Co's average Accounts Payable for the three months ended in Sep. 2024 was ₩22,254 Mil. DONG A ELTEK Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩18,680 Mil. Hence, DONG A ELTEK Co's Days Payable for the three months ended in Sep. 2024 was 108.71.

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

XKRX:088130' s Days Payable Range Over the Past 10 Years
Min: 35.96   Med: 56.47   Max: 80.85
Current: 58.87

During the past 13 years, DONG A ELTEK Co's highest Days Payable was 80.85. The lowest was 35.96. And the median was 56.47.

XKRX:088130's Days Payable is ranked worse than
60.11% of 2409 companies
in the Hardware industry
Industry Median: 68.75 vs XKRX:088130: 58.87

DONG A ELTEK Co's Days Payable increased from Sep. 2023 (54.48) to Sep. 2024 (108.71). It may suggest that DONG A ELTEK Co delayed paying its suppliers.


DONG A ELTEK Co Days Payable Historical Data

The historical data trend for DONG A ELTEK 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.

* Premium members only.

DONG A ELTEK Co Days Payable Chart

DONG A ELTEK Co 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 52.57 56.59 56.35 35.96 50.75

DONG A ELTEK 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 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 54.48 56.39 61.99 38.51 108.71

Competitive Comparison of DONG A ELTEK Co's Days Payable

For the Electronic Components subindustry, DONG A ELTEK 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.


DONG A ELTEK Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where DONG A ELTEK Co's Days Payable falls into.



DONG A ELTEK 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.

DONG A ELTEK 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
=( (14523.313 + 21737.918) / 2 ) / 130395.799*365
=18130.6155 / 130395.799*365
=50.75

DONG A ELTEK 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
=( (23146.133 + 21360.894) / 2 ) / 18680.105*365 / 4
=22253.5135 / 18680.105*365 / 4
=108.71

* 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.


DONG A ELTEK Co Days Payable Related Terms

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DONG A ELTEK Co Business Description

Traded in Other Exchanges
N/A
Address
1428-2 Kwanyang-dong, Dongan-gu, Anyang-Si, KOR, 431-807
DONG A ELTEK Co Ltd is a South Korea based company engages in the manufacture and sale of testing devices for display equipment. It offers LCD inspection equipment (Aging System), assembly manufacturing facilities and OLED Panel Aging System.

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