STraffic Co (XKRX:234300) Days Payable : 91.85 (As of Sep. 2024)

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What is STraffic Co Days Payable?

STraffic Co's average Accounts Payable for the three months ended in Sep. 2024 was ₩41,124 Mil. STraffic Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩40,857 Mil. Hence, STraffic Co's Days Payable for the three months ended in Sep. 2024 was 91.85.

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

XKRX:234300' s Days Payable Range Over the Past 10 Years
Min: 45.38 Med: 111.68 Max: 178.76
Current: 96.99

During the past 9 years, STraffic Co's highest Days Payable was 178.76. The lowest was 45.38. And the median was 111.68.

XKRX:234300's Days Payable is ranked better than
68.97% of 2523 companies
in the Software industry
Industry Median: 48.75 vs XKRX:234300: 96.99

STraffic Co's Days Payable declined from Sep. 2023 (168.10) to Sep. 2024 (91.85). It may suggest that STraffic Co accelerated paying its suppliers.

STraffic Co Days Payable Historical Data

The historical data trend for STraffic 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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STraffic Co Days Payable Chart

STraffic Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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127.45

178.76

133.22

113.13

111.68

STraffic 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															168.10	63.53	146.13	124.04	91.85

Competitive Comparison of STraffic Co's Days Payable

For the Software - Application subindustry, STraffic 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.

STraffic Co's Days Payable Distribution in the Software Industry

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

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

STraffic 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.

STraffic 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
=	( (28404.404	+	36139.565)	/	2 )	/	105472.193	*	365
=	32271.9845					/	105472.193	*	365
=	111.68

STraffic 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
=	( (38341.621	+	43906.007)	/	2 )	/	40856.633	*	365 / 4
=	41123.814					/	40856.633	*	365 / 4
=	91.85

STraffic Co Days Payable Related Terms

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STraffic Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » STraffic Co Ltd (XKRX:234300) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

338 Pangyo-ro, Bundang-gu, Gyeonggi-do (Sampyeong-dong), Seongnam, KOR, 13493

Website

http://www.straffic.co.kr

STraffic Co Ltd is a Korea-based transportation system solution company. It provides software services to rail and road industry. It develops tool-fare collection system, multi-lane free flow system, bus information management system, railway communication system, CBTC train control system & train control system.

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