Iljin Electric Co (XKRX:103590) Days Payable : 36.05 (As of Dec. 2023)

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What is Iljin Electric Co Days Payable?

Iljin Electric Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩129,154 Mil. Iljin Electric Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩326,954 Mil. Hence, Iljin Electric Co's Days Payable for the three months ended in Dec. 2023 was 36.05.

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

XKRX:103590' s Days Payable Range Over the Past 10 Years
Min: 33.26 Med: 38.45 Max: 52.25
Current: 38.59

During the past 13 years, Iljin Electric Co's highest Days Payable was 52.25. The lowest was 33.26. And the median was 38.45.

XKRX:103590's Days Payable is ranked worse than
81.25% of 2934 companies
in the Industrial Products industry
Industry Median: 76.415 vs XKRX:103590: 38.59

Iljin Electric Co's Days Payable increased from Dec. 2022 (31.15) to Dec. 2023 (36.05). It may suggest that Iljin Electric Co delayed paying its suppliers.

Iljin Electric Co Days Payable Historical Data

The historical data trend for Iljin Electric 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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Iljin Electric Co Days Payable Chart

Iljin Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

33.35

35.01

39.38

37.52

39.71

Iljin Electric 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															31.15	36.14	39.49	42.22	36.05

Competitive Comparison of Iljin Electric Co's Days Payable

For the Electrical Equipment & Parts subindustry, Iljin Electric 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.

Iljin Electric Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Iljin Electric Co's Days Payable distribution charts can be found below:

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

Iljin Electric 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.

Iljin Electric 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
=	( (101345.325	+	144390.288)	/	2 )	/	1129402.833	*	365
=	122867.8065					/	1129402.833	*	365
=	39.71

Iljin Electric 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
=	( (113918.003	+	144390.288)	/	2 )	/	326953.744	*	365 / 4
=	129154.1455					/	326953.744	*	365 / 4
=	36.05

Iljin Electric Co Days Payable Related Terms

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Iljin Electric Co (XKRX:103590) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Iljin Electric Co Ltd (XKRX:103590) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

112-83 Anyung-ri, Taean-eup Hwasung-si, Gyeonggi-do, KOR

Website

http://www.iljinelectric.com

Iljin Electric Co Ltd is engaged in the manufacture of electrical wires and transmission equipment in South Korea. It offers electric fittings, power and telecommunication cables and distribution lines, copper rods and aluminum rods, as well as an automated power distribution system.

Iljin Electric Co (XKRX:103590) Headlines

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