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Cayman Golden Century Wheel Group (XKRX:900280) Days Payable : 151.73 (As of Dec. 2023)


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What is Cayman Golden Century Wheel Group Days Payable?

Cayman Golden Century Wheel Group's average Accounts Payable for the three months ended in Dec. 2023 was ₩8,704 Mil. Cayman Golden Century Wheel Group's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩5,235 Mil. Hence, Cayman Golden Century Wheel Group's Days Payable for the three months ended in Dec. 2023 was 151.73.

The historical rank and industry rank for Cayman Golden Century Wheel Group's Days Payable or its related term are showing as below:

XKRX:900280' s Days Payable Range Over the Past 10 Years
Min: 5.78   Med: 22.22   Max: 98.68
Current: 98.68

During the past 9 years, Cayman Golden Century Wheel Group's highest Days Payable was 98.68. The lowest was 5.78. And the median was 22.22.

XKRX:900280's Days Payable is not ranked
in the Farm & Heavy Construction Machinery industry.
Industry Median: 71.85 vs XKRX:900280: 98.68

Cayman Golden Century Wheel Group's Days Payable increased from Dec. 2022 (97.81) to Dec. 2023 (151.73). It may suggest that Cayman Golden Century Wheel Group delayed paying its suppliers.


Cayman Golden Century Wheel Group Days Payable Historical Data

The historical data trend for Cayman Golden Century Wheel Group'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.

Cayman Golden Century Wheel Group Days Payable Chart

Cayman Golden Century Wheel Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only 22.22 12.34 25.26 55.47 83.62

Cayman Golden Century Wheel Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 97.81 86.40 91.49 112.77 151.73

Competitive Comparison of Cayman Golden Century Wheel Group's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Cayman Golden Century Wheel Group'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.


Cayman Golden Century Wheel Group's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Cayman Golden Century Wheel Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Cayman Golden Century Wheel Group's Days Payable falls into.



Cayman Golden Century Wheel Group 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.

Cayman Golden Century Wheel Group'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
=( (8708.779 + 8208.201) / 2 ) / 36919.987*365
=8458.49 / 36919.987*365
=83.62

Cayman Golden Century Wheel Group'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
=( (9199.27 + 8208.201) / 2 ) / 5234.515*365 / 4
=8703.7355 / 5234.515*365 / 4
=151.73

* 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.


Cayman Golden Century Wheel Group Days Payable Related Terms

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Cayman Golden Century Wheel Group Business Description

Traded in Other Exchanges
N/A
Address
Floor 4, Willow House, P O Box 2084, Cricket Square, Grand Cayman, CYM, KY1-1112
Cayman Golden Century Wheel Group Ltd is engaged in the manufacturing of special purpose machinery. It operates through the following business units: Wheel, Tire, and Other. Geographically the company distributes its products within domestic market and to overseas markets.

Cayman Golden Century Wheel Group Headlines

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