Sea Mechanics Co (XKRX:396300) Days Payable : 41.09 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Sea Mechanics Co Days Payable?

Sea Mechanics Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩8,949 Mil. Sea Mechanics Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩19,870 Mil. Hence, Sea Mechanics Co's Days Payable for the three months ended in Dec. 2023 was 41.09.

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

XKRX:396300' s Days Payable Range Over the Past 10 Years
Min: 28.04 Med: 30.27 Max: 36.75
Current: 36.75

During the past 4 years, Sea Mechanics Co's highest Days Payable was 36.75. The lowest was 28.04. And the median was 30.27.

XKRX:396300's Days Payable is ranked worse than
79.33% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.48 vs XKRX:396300: 36.75

Sea Mechanics Co's Days Payable increased from Dec. 2022 (35.14) to Dec. 2023 (41.09). It may suggest that Sea Mechanics Co delayed paying its suppliers.

Sea Mechanics Co Days Payable Historical Data

The historical data trend for Sea Mechanics 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.

Sea Mechanics Co Days Payable Chart

Sea Mechanics Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

28.04

33.61

28.21

32.33

Sea Mechanics Co Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial									35.14	37.63	33.84	36.43	41.09

Competitive Comparison of Sea Mechanics Co's Days Payable

For the Auto Parts subindustry, Sea Mechanics 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.

Sea Mechanics Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sea Mechanics Co's Days Payable distribution charts can be found below:

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

Sea Mechanics 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.

Sea Mechanics Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (6961.006	+	6823.942)	/	2 )	/	77821.839	*	365
=	6892.474					/	77821.839	*	365
=	32.33

Sea Mechanics 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (10207.686	+	7689.808)	/	2 )	/	19870.477	*	365 / 4
=	8948.747					/	19870.477	*	365 / 4
=	41.09

Sea Mechanics Co Days Payable Related Terms

Thank you for viewing the detailed overview of Sea Mechanics Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Sea Mechanics Co (XKRX:396300) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sea Mechanics Co Ltd (XKRX:396300) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

80, 1 Gongdan-ro 10 gil, Gyeong-Buk, Gumi, KOR, 39379

Website

http://www.seamechanics.com

Sea Mechanics Co Ltd is engaged in the manufacturing of automotive and electronic parts. Its products portfolio includes Secondary Batteries, Electric Automotive, Electric two-wheel vehicles, Hydrogen Automotive, and ICE.

Sea Mechanics Co (XKRX:396300) Headlines

No Headlines