QMC Co (XKRX:136660) Days Payable : 20.72 (As of Dec. 2023)

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What is QMC Co Days Payable?

QMC Co's average Accounts Payable for the six months ended in Dec. 2023 was ₩617 Mil. QMC Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ₩10,866 Mil. Hence, QMC Co's Days Payable for the six months ended in Dec. 2023 was 10.36.

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

XKRX:136660' s Days Payable Range Over the Past 10 Years
Min: 18.59 Med: 39.34 Max: 98.35
Current: 20.72

During the past 10 years, QMC Co's highest Days Payable was 98.35. The lowest was 18.59. And the median was 39.34.

XKRX:136660's Days Payable is ranked worse than
88.08% of 965 companies
in the Semiconductors industry
Industry Median: 51.64 vs XKRX:136660: 20.72

QMC Co's Days Payable declined from Dec. 2021 (33.41) to Dec. 2023 (20.72). It may suggest that QMC Co accelerated paying its suppliers.

QMC Co Days Payable Historical Data

The historical data trend for QMC 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.

QMC Co Days Payable Chart

QMC Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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29.04

18.59

33.41

29.38

20.72

QMC Co Semi-Annual Data
	Dec13	Dec14	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Days Payable	Get a 7-Day Free Trial					29.04	18.59	33.41	29.38	20.72

Competitive Comparison of QMC Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, QMC 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.

QMC Co's Days Payable Distribution in the Semiconductors Industry

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

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

QMC 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.

QMC 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
=	( (927.896	+	305.959)	/	2 )	/	10865.501	*	365
=	616.9275					/	10865.501	*	365
=	20.72

QMC 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
=	( (927.896	+	305.959)	/	2 )	/	10865.501	*	365 / 2
=	616.9275					/	10865.501	*	365 / 2
=	10.36

QMC Co Days Payable Related Terms

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QMC Co (XKRX:136660) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » QMC Co Ltd (XKRX:136660) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Heungan-daero, 439 beon-gil, Dongan-gu, Gyeonggi-do, Anyang-si, KOR

Website

http://www.iqmc.co.kr

QMC Co Ltd manufactures LED, semiconductor and FPD equipments. The company's products are LED, laser system, semiconductors, FPD, and other equipments.

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