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HanJung Natural Connectivity System Co (XKRX:107640) Days Payable : 58.03 (As of Dec. 2023)


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What is HanJung Natural Connectivity System Co Days Payable?

HanJung Natural Connectivity System Co's average Accounts Payable for the six months ended in Dec. 2023 was ₩18,893 Mil. HanJung Natural Connectivity System Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ₩118,835 Mil. Hence, HanJung Natural Connectivity System Co's Days Payable for the six months ended in Dec. 2023 was 29.01.

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

XKRX:107640' s Days Payable Range Over the Past 10 Years
Min: 58.03   Med: 78.43   Max: 100.05
Current: 58.03

During the past 11 years, HanJung Natural Connectivity System Co's highest Days Payable was 100.05. The lowest was 58.03. And the median was 78.43.

XKRX:107640's Days Payable is ranked worse than
57.12% of 1264 companies
in the Vehicles & Parts industry
Industry Median: 66.61 vs XKRX:107640: 58.03

HanJung Natural Connectivity System Co's Days Payable declined from Dec. 2021 (71.66) to Dec. 2023 (58.03). It may suggest that HanJung Natural Connectivity System Co accelerated paying its suppliers.


HanJung Natural Connectivity System Co Days Payable Historical Data

The historical data trend for HanJung Natural Connectivity System 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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HanJung Natural Connectivity System Co Days Payable Chart

HanJung Natural Connectivity System Co Annual Data
Trend Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.05 94.72 71.66 58.11 58.03

HanJung Natural Connectivity System Co Semi-Annual Data
Dec12 Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 100.05 94.72 71.66 58.11 58.03

Competitive Comparison of HanJung Natural Connectivity System Co's Days Payable

For the Auto Parts subindustry, HanJung Natural Connectivity System 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.


HanJung Natural Connectivity System Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, HanJung Natural Connectivity System Co's Days Payable distribution charts can be found below:

* The bar in red indicates where HanJung Natural Connectivity System Co's Days Payable falls into.



HanJung Natural Connectivity System 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.

HanJung Natural Connectivity System 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
=( (14674.18 + 23111.793) / 2 ) / 118834.747*365
=18892.9865 / 118834.747*365
=58.03

HanJung Natural Connectivity System 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: Dec. 2022 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (14674.18 + 23111.793) / 2 ) / 118834.747*365 / 2
=18892.9865 / 118834.747*365 / 2
=29.01

* 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.


HanJung Natural Connectivity System Co Days Payable Related Terms

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HanJung Natural Connectivity System Co (XKRX:107640) Business Description

Traded in Other Exchanges
N/A
Address
9B1L Youngcheon General Industry Complex, Chaesin-Dong, Gyeongsangbuk-do, Yeongcheon-si, KOR, 770-160
HanJung Natural Connectivity System Co Ltd is an automobile parts manufacturer. The company offered products include head lamp shield, spare tire carrier, parking brake lever, weight classification system, auto levelling sensor, exhaust system, and injection mold, among others. The organization sells its products in Korea and other countries like Germany, India, China, USA and Mexico.

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