HD Hyundai Construction Equipment (XKRX:267270) Days Payable : 32.24 (As of Mar. 2024)

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What is HD Hyundai Construction Equipment Days Payable?

HD Hyundai Construction Equipment's average Accounts Payable for the three months ended in Mar. 2024 was ₩283,925 Mil. HD Hyundai Construction Equipment's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩803,585 Mil. Hence, HD Hyundai Construction Equipment's Days Payable for the three months ended in Mar. 2024 was 32.24.

The historical rank and industry rank for HD Hyundai Construction Equipment's Days Payable or its related term are showing as below:

XKRX:267270' s Days Payable Range Over the Past 10 Years
Min: 32.6 Med: 38.06 Max: 42.32
Current: 39.62

During the past 7 years, HD Hyundai Construction Equipment's highest Days Payable was 42.32. The lowest was 32.60. And the median was 38.06.

XKRX:267270's Days Payable is ranked worse than
86.83% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 72.84 vs XKRX:267270: 39.62

HD Hyundai Construction Equipment's Days Payable declined from Mar. 2023 (39.47) to Mar. 2024 (32.24). It may suggest that HD Hyundai Construction Equipment accelerated paying its suppliers.

HD Hyundai Construction Equipment Days Payable Historical Data

The historical data trend for HD Hyundai Construction Equipment'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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HD Hyundai Construction Equipment Days Payable Chart

HD Hyundai Construction Equipment Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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36.69

38.31

36.33

41.36

38.06

HD Hyundai Construction Equipment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															39.47	39.16	40.62	39.53	32.24

Competitive Comparison of HD Hyundai Construction Equipment's Days Payable

For the Farm & Heavy Construction Machinery subindustry, HD Hyundai Construction Equipment'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.

HD Hyundai Construction Equipment's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, HD Hyundai Construction Equipment's Days Payable distribution charts can be found below:

* The bar in red indicates where HD Hyundai Construction Equipment's Days Payable falls into.

HD Hyundai Construction Equipment 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.

HD Hyundai Construction Equipment'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
=	( (362618.266	+	283925.012)	/	2 )	/	3100407.433	*	365
=	323271.639					/	3100407.433	*	365
=	38.06

HD Hyundai Construction Equipment's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (283925.012	+	0)	/	1 )	/	803585.185	*	365 / 4
=	283925.012					/	803585.185	*	365 / 4
=	32.24

HD Hyundai Construction Equipment Days Payable Related Terms

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HD Hyundai Construction Equipment (XKRX:267270) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » HD Hyundai Construction Equipment (XKRX:267270) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

75, Yulgok-ro, Jongno-gu, Seoul, KOR

Website

http://www.hd-hyundaice.com

HD Hyundai Construction Equipment is a specialized construction equipment manufacturer that covers construction equipment and material handling such as excavators, wheel loaders, backhoe loaders and skid loaders.

HD Hyundai Construction Equipment (XKRX:267270) Headlines

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