Lat Co (XKRX:311060) Days Payable : 124.98 (As of Dec. 2023)

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What is Lat Co Days Payable?

Lat Co's average Accounts Payable for the six months ended in Dec. 2023 was ₩2,969 Mil. Lat Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ₩8,671 Mil. Hence, Lat Co's Days Payable for the six months ended in Dec. 2023 was 62.49.

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

XKRX:311060' s Days Payable Range Over the Past 10 Years
Min: 54.03 Med: 90.99 Max: 124.98
Current: 124.98

During the past 3 years, Lat Co's highest Days Payable was 124.98. The lowest was 54.03. And the median was 90.99.

XKRX:311060's Days Payable is ranked better than
70.87% of 2925 companies
in the Industrial Products industry
Industry Median: 76.67 vs XKRX:311060: 124.98

Lat Co's Days Payable increased from Dec. 2021 (90.99) to Dec. 2023 (124.98). It may suggest that Lat Co delayed paying its suppliers.

Lat Co Days Payable Historical Data

The historical data trend for Lat 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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Lat Co Days Payable Chart

Lat Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

90.99

54.03

124.98

Lat Co Semi-Annual Data
	Dec21	Dec22	Dec23
Days Payable	90.99	54.03	124.98

Competitive Comparison of Lat Co's Days Payable

For the Specialty Industrial Machinery subindustry, Lat 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.

Lat Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lat Co's Days Payable distribution charts can be found below:

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

Lat 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.

Lat 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
=	( (1594.842	+	4342.982)	/	2 )	/	8670.757	*	365
=	2968.912					/	8670.757	*	365
=	124.98

Lat 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
=	( (1594.842	+	4342.982)	/	2 )	/	8670.757	*	365 / 2
=	2968.912					/	8670.757	*	365 / 2
=	62.49

Lat Co Days Payable Related Terms

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Lat Co (XKRX:311060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lat Co Ltd (XKRX:311060) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

766-2 Gosaek-dong, Gwonseon-gu, Pyeong-dong, Gyeonggi-do, 1433-100, Suwon, KOR, 16643

Website

http://www.latplasma.com

Lat Co Ltd is a Korean company which operates in the vacuum equipment industry. It manufactures semiconductor and display equipment, while its products offerings include Vacuum deposition equipment, Heat treatment devices, etching devices, fusion compound devices, and other devices. It offers products for industries including solar cells (MEMS, PACKAGE, PCB), displays (AMOLED, LCD), and renewable energy (crystalline, thin film solar cells).

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