Yeong Hwa Metal Co (XKRX:012280) Days Payable : 49.78 (As of Mar. 2024)

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What is Yeong Hwa Metal Co Days Payable?

Yeong Hwa Metal Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩36,133 Mil. Yeong Hwa Metal Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩66,235 Mil. Hence, Yeong Hwa Metal Co's Days Payable for the three months ended in Mar. 2024 was 49.78.

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

XKRX:012280' s Days Payable Range Over the Past 10 Years
Min: 17.44 Med: 23.18 Max: 47.23
Current: 47.23

During the past 13 years, Yeong Hwa Metal Co's highest Days Payable was 47.23. The lowest was 17.44. And the median was 23.18.

XKRX:012280's Days Payable is ranked worse than
68.33% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 66.66 vs XKRX:012280: 47.23

Yeong Hwa Metal Co's Days Payable increased from Mar. 2023 (42.82) to Mar. 2024 (49.78). It may suggest that Yeong Hwa Metal Co delayed paying its suppliers.

Yeong Hwa Metal Co Days Payable Historical Data

The historical data trend for Yeong Hwa Metal 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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Yeong Hwa Metal Co Days Payable Chart

Yeong Hwa Metal Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

24.65

28.35

33.92

41.78

46.26

Yeong Hwa Metal Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															42.82	-	-	46.30	49.78

Competitive Comparison of Yeong Hwa Metal Co's Days Payable

For the Auto Parts subindustry, Yeong Hwa Metal 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.

Yeong Hwa Metal Co's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Yeong Hwa Metal Co's Days Payable falls into.

Yeong Hwa Metal 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.

Yeong Hwa Metal 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
=	( (33730.038	+	36133.009)	/	2 )	/	275622.218	*	365
=	34931.5235					/	275622.218	*	365
=	46.26

Yeong Hwa Metal 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
=	( (36133.009	+	0)	/	1 )	/	66235.082	*	365 / 4
=	36133.009					/	66235.082	*	365 / 4
=	49.78

Yeong Hwa Metal Co Days Payable Related Terms

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Yeong Hwa Metal Co (XKRX:012280) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Yeong Hwa Metal Co Ltd (XKRX:012280) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

363-6 Namyang-dong, Jinhae-gu, Changwon, KOR, 645-480

Website

http://www.yeonghwa.co.kr

Yeong Hwa Metal Co Ltd operates in the auto parts industry in South Korea. The company is engaged in the manufacturing of parts and accessories for motor vehicles. The products of the company are engine, axle, brake, and crank shaft.

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