COTS Technology Co (XKRX:448710) Days Payable : 53.57 (As of Mar. 2024)

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What is COTS Technology Co Days Payable?

COTS Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩4,150 Mil. COTS Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩7,070 Mil. Hence, COTS Technology Co's Days Payable for the three months ended in Mar. 2024 was 53.57.

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

XKRX:448710' s Days Payable Range Over the Past 10 Years
Min: 30.15 Med: 31.05 Max: 51.04
Current: 51.04

During the past 3 years, COTS Technology Co's highest Days Payable was 51.04. The lowest was 30.15. And the median was 31.05.

XKRX:448710's Days Payable is ranked worse than
67.27% of 2423 companies
in the Hardware industry
Industry Median: 68.07 vs XKRX:448710: 51.04

COTS Technology Co's Days Payable increased from Dec. 2022 (26.04) to Mar. 2024 (53.57). It may suggest that COTS Technology Co delayed paying its suppliers.

COTS Technology Co Days Payable Historical Data

The historical data trend for COTS Technology 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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COTS Technology Co Days Payable Chart

COTS Technology Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

36.64

30.15

31.05

COTS Technology Co Quarterly Data
	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial			26.04	62.01	38.66	26.03	53.57

Competitive Comparison of COTS Technology Co's Days Payable

For the Computer Hardware subindustry, COTS Technology 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.

COTS Technology Co's Days Payable Distribution in the Hardware Industry

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

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

COTS Technology 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.

COTS Technology 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
=	( (3261.796	+	3208.16)	/	2 )	/	38026.663	*	365
=	3234.978					/	38026.663	*	365
=	31.05

COTS Technology Co'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
=	( (3208.16	+	5092.617)	/	2 )	/	7069.692	*	365 / 4
=	4150.3885					/	7069.692	*	365 / 4
=	53.57

COTS Technology Co Days Payable Related Terms

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COTS Technology Co (XKRX:448710) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » COTS Technology Co Ltd (XKRX:448710) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

C-702,744, Pangyo-ro, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR

Website

https://www.cotstech.com

COTS Technology Co Ltd is a company that develops/produces Single Board Computers and Displays. The company Provides embedded integrated solutions optimized for user environments such as the defense industry and civil sector. It offers variety of products such as Single Board Computers , Rugged LCD Display and FPGA Accelerator.

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