Micro Contact Solution Co (XKRX:098120) Days Payable : 16.80 (As of Jun. 2024)

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What is Micro Contact Solution Co Days Payable?

Micro Contact Solution Co's average Accounts Payable for the three months ended in Jun. 2024 was ₩2,202 Mil. Micro Contact Solution Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ₩11,957 Mil. Hence, Micro Contact Solution Co's Days Payable for the three months ended in Jun. 2024 was 16.80.

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

XKRX:098120' s Days Payable Range Over the Past 10 Years
Min: 11.06 Med: 15.69 Max: 32.23
Current: 17.94

During the past 13 years, Micro Contact Solution Co's highest Days Payable was 32.23. The lowest was 11.06. And the median was 15.69.

XKRX:098120's Days Payable is ranked worse than
91.68% of 973 companies
in the Semiconductors industry
Industry Median: 52.24 vs XKRX:098120: 17.94

Micro Contact Solution Co's Days Payable declined from Jun. 2023 (20.97) to Jun. 2024 (16.80). It may suggest that Micro Contact Solution Co accelerated paying its suppliers.

Micro Contact Solution Co Days Payable Historical Data

The historical data trend for Micro Contact Solution 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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Micro Contact Solution Co Days Payable Chart

Micro Contact Solution Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

11.06

13.33

15.55

19.28

14.08

Micro Contact Solution Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															20.97	20.66	14.70	17.05	16.80

Competitive Comparison of Micro Contact Solution Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, Micro Contact Solution 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.

Micro Contact Solution Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Micro Contact Solution Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Micro Contact Solution Co's Days Payable falls into.

Micro Contact Solution 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.

Micro Contact Solution 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
=	( (2263.71	+	1673.846)	/	2 )	/	51036.273	*	365
=	1968.778					/	51036.273	*	365
=	14.08

Micro Contact Solution Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (2017.228	+	2386.381)	/	2 )	/	11957.09	*	365 / 4
=	2201.8045					/	11957.09	*	365 / 4
=	16.80

Micro Contact Solution Co Days Payable Related Terms

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Micro Contact Solution Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Micro Contact Solution Co Ltd (XKRX:098120) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

91 Ohsaekdang-Ri, Seonggeo-Eup, Cheonan-Si, Chungcheongnam-do, KOR, 330-831

Website

http://www.mcsgroup.co.kr

Micro Contact Solution Co Ltd is a South Korean company operating in the semiconductor equipment and material industry. The company is engaged in manufacturing semiconductors and components for communication devices.

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