Hwashin Precision Co (XKRX:126640) Days Payable : 50.89 (As of Sep. 2024)

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What is Hwashin Precision Co Days Payable?

Hwashin Precision Co's average Accounts Payable for the three months ended in Sep. 2024 was ₩38,386 Mil. Hwashin Precision Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩68,835 Mil. Hence, Hwashin Precision Co's Days Payable for the three months ended in Sep. 2024 was 50.89.

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

XKRX:126640' s Days Payable Range Over the Past 10 Years
Min: 37.64 Med: 42.74 Max: 47.7
Current: 47.49

During the past 13 years, Hwashin Precision Co's highest Days Payable was 47.70. The lowest was 37.64. And the median was 42.74.

XKRX:126640's Days Payable is ranked worse than
66.48% of 1277 companies
in the Vehicles & Parts industry
Industry Median: 66.18 vs XKRX:126640: 47.49

Hwashin Precision Co's Days Payable increased from Sep. 2023 (48.16) to Sep. 2024 (50.89). It may suggest that Hwashin Precision Co delayed paying its suppliers.

Hwashin Precision Co Days Payable Historical Data

The historical data trend for Hwashin Precision 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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Hwashin Precision Co Days Payable Chart

Hwashin Precision Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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41.62

46.18

45.36

38.00

43.85

Hwashin Precision 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															48.16	46.22	49.95	41.08	50.89

Competitive Comparison of Hwashin Precision Co's Days Payable

For the Auto Parts subindustry, Hwashin Precision 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.

Hwashin Precision Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hwashin Precision Co's Days Payable distribution charts can be found below:

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

Hwashin Precision 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.

Hwashin Precision 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
=	( (33449.805	+	48808.619)	/	2 )	/	342349.561	*	365
=	41129.212					/	342349.561	*	365
=	43.85

Hwashin Precision 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
=	( (36904.769	+	39868.007)	/	2 )	/	68834.766	*	365 / 4
=	38386.388					/	68834.766	*	365 / 4
=	50.89

Hwashin Precision Co Days Payable Related Terms

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Hwashin Precision Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hwashin Precision Co Ltd (XKRX:126640) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

193, Donam-dong, Gyeongsangbuk-do, Yeongcheon-si, KOR

Website

http://hsp.hwashin.co.kr

Hwashin Precision Co Ltd is a Korea based automobile component manufacturing company. It manufactures automobile chassis components and other precision parts. The products offered by the company include rear cross member, rear lower arm, rear assist arm, fuel tank, pedal, rear axle housing assembly, rear CTBA, front lower arm, REINF side outer, center floor, rear floor, bumper rail, cowl complete, and cowl cross bar, among other products.

Hwashin Precision Co Headlines

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