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MNTECH Co (XKRX:095500) Days Payable : 52.64 (As of Mar. 2024)


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What is MNTECH Co Days Payable?

MNTECH Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩76,775 Mil. MNTECH Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩133,085 Mil. Hence, MNTECH Co's Days Payable for the three months ended in Mar. 2024 was 52.64.

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

XKRX:095500' s Days Payable Range Over the Past 10 Years
Min: 27.66   Med: 30.55   Max: 43.89
Current: 41.93

During the past 13 years, MNTECH Co's highest Days Payable was 43.89. The lowest was 27.66. And the median was 30.55.

XKRX:095500's Days Payable is ranked worse than
75.85% of 2426 companies
in the Hardware industry
Industry Median: 68.08 vs XKRX:095500: 41.93

MNTECH Co's Days Payable increased from Mar. 2023 (24.92) to Mar. 2024 (52.64). It may suggest that MNTECH Co delayed paying its suppliers.


MNTECH Co Days Payable Historical Data

The historical data trend for MNTECH 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.

MNTECH Co Days Payable Chart

MNTECH 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 30.43 27.66 28.66 29.03 43.89

MNTECH Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 24.92 29.89 44.59 56.58 52.64

Competitive Comparison of MNTECH Co's Days Payable

For the Electronic Components subindustry, MNTECH 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.


MNTECH Co's Days Payable Distribution in the Hardware Industry

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

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



MNTECH 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.

MNTECH 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
=( (36752.049 + 114248.316) / 2 ) / 627817.741*365
=75500.1825 / 627817.741*365
=43.89

MNTECH Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (114248.316 + 39300.923) / 2 ) / 133084.788*365 / 4
=76774.6195 / 133084.788*365 / 4
=52.64

* 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.


MNTECH Co Days Payable Related Terms

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MNTECH Co (XKRX:095500) Business Description

Traded in Other Exchanges
N/A
Address
1113-6 Namchon-ri, Oksan-myeon, Cheongwon-gun, Chungcheongbuk-do, KOR, 363-911
MNTECH Co Ltd is a South Korean company operating in the electronic component industry. The company is engaged in the manufacturing of display film and plates, touchscreen, window film, and reflective sheeting.

MNTECH Co (XKRX:095500) Headlines

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