Sangshin Electrionics Co (XKRX:263810) Days Payable : 43.01 (As of Sep. 2024)

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What is Sangshin Electrionics Co Days Payable?

Sangshin Electrionics Co's average Accounts Payable for the three months ended in Sep. 2024 was ₩12,273 Mil. Sangshin Electrionics Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩26,039 Mil. Hence, Sangshin Electrionics Co's Days Payable for the three months ended in Sep. 2024 was 43.01.

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

XKRX:263810' s Days Payable Range Over the Past 10 Years
Min: 40.16 Med: 47.36 Max: 81.24
Current: 48.08

During the past 9 years, Sangshin Electrionics Co's highest Days Payable was 81.24. The lowest was 40.16. And the median was 47.36.

XKRX:263810's Days Payable is ranked worse than
70.15% of 2409 companies
in the Hardware industry
Industry Median: 68.75 vs XKRX:263810: 48.08

Sangshin Electrionics Co's Days Payable declined from Sep. 2023 (47.21) to Sep. 2024 (43.01). It may suggest that Sangshin Electrionics Co accelerated paying its suppliers.

Sangshin Electrionics Co Days Payable Historical Data

The historical data trend for Sangshin Electrionics 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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Sangshin Electrionics Co Days Payable Chart

Sangshin Electrionics Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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44.71

44.87

40.78

40.16

59.44

Sangshin Electrionics 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															47.21	67.30	54.13	38.05	43.01

Competitive Comparison of Sangshin Electrionics Co's Days Payable

For the Electronic Components subindustry, Sangshin Electrionics 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.

Sangshin Electrionics Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sangshin Electrionics Co's Days Payable distribution charts can be found below:

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

Sangshin Electrionics 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.

Sangshin Electrionics 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
=	( (12491.201	+	20059.666)	/	2 )	/	99942.207	*	365
=	16275.4335					/	99942.207	*	365
=	59.44

Sangshin Electrionics 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
=	( (13268.435	+	11278.144)	/	2 )	/	26038.999	*	365 / 4
=	12273.2895					/	26038.999	*	365 / 4
=	43.01

Sangshin Electrionics Co Days Payable Related Terms

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Sangshin Electrionics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sangshin Electrionics Co Ltd (XKRX:263810) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

269, Bongsan-ri, Ginhae-eup, Gyeongnam, KOR, 339-815

Website

http://www.sangshin-e.com

Sangshin Electrionics Co Ltd is engaged in the researching, developing, producing and sale of NOISE FILTER which attenuates harmful electromagnetic waves of electric and electronic devices.

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