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EMB Co (XKRX:278990) Days Payable : 43.66 (As of Dec. 2023)


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What is EMB Co Days Payable?

EMB Co's average Accounts Payable for the six months ended in Dec. 2023 was ₩2,265 Mil. EMB Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ₩18,938 Mil. Hence, EMB Co's Days Payable for the six months ended in Dec. 2023 was 21.83.

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

XKRX:278990' s Days Payable Range Over the Past 10 Years
Min: 21.03   Med: 32.67   Max: 96.1
Current: 43.66

During the past 10 years, EMB Co's highest Days Payable was 96.10. The lowest was 21.03. And the median was 32.67.

XKRX:278990's Days Payable is ranked worse than
73.87% of 2426 companies
in the Hardware industry
Industry Median: 68.08 vs XKRX:278990: 43.66

EMB Co's Days Payable declined from Dec. 2021 (96.10) to Dec. 2023 (43.66). It may suggest that EMB Co accelerated paying its suppliers.


EMB Co Days Payable Historical Data

The historical data trend for EMB 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.

EMB Co Days Payable Chart

EMB Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.03 74.78 96.10 39.18 43.66

EMB Co Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.03 74.78 96.10 39.18 43.66

Competitive Comparison of EMB Co's Days Payable

For the Electronic Components subindustry, EMB 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.


EMB Co's Days Payable Distribution in the Hardware Industry

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

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



EMB 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.

EMB 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
=( (1966.713 + 2564.233) / 2 ) / 18938.182*365
=2265.473 / 18938.182*365
=43.66

EMB 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
=( (1966.713 + 2564.233) / 2 ) / 18938.182*365 / 2
=2265.473 / 18938.182*365 / 2
=21.83

* 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.


EMB Co Days Payable Related Terms

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EMB Co (XKRX:278990) Business Description

Traded in Other Exchanges
N/A
Address
76 Deokcheon-ro 72beon-gil, Manan-gu, Gyeonggi-do, Anyang, KOR, 14087
EMB Co Ltd, formerly Fine EM Tech Co Ltd develops, manufacture, sell and distribute in-vehicle infotainment (IVI) systems. It manufactures mobile household goods such as AVN business division that carries out AS, mobile phone protection case, LCD protective film.

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