Dongkuk Holdings (XKRX:001230) Days Payable : 61.78 (As of Dec. 2023)

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What is Dongkuk Holdings Days Payable?

Dongkuk Holdings's average Accounts Payable for the three months ended in Dec. 2023 was ₩287,303 Mil. Dongkuk Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩424,329 Mil. Hence, Dongkuk Holdings's Days Payable for the three months ended in Dec. 2023 was 61.78.

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

XKRX:001230' s Days Payable Range Over the Past 10 Years
Min: 35.33 Med: 42.06 Max: 103.75
Current: 43.39

During the past 13 years, Dongkuk Holdings's highest Days Payable was 103.75. The lowest was 35.33. And the median was 42.06.

XKRX:001230's Days Payable is ranked better than
53.06% of 588 companies
in the Steel industry
Industry Median: 39.59 vs XKRX:001230: 43.39

Dongkuk Holdings's Days Payable declined from Dec. 2022 (84.03) to Dec. 2023 (61.78). It may suggest that Dongkuk Holdings accelerated paying its suppliers.

Dongkuk Holdings Days Payable Historical Data

The historical data trend for Dongkuk Holdings'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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Dongkuk Holdings Days Payable Chart

Dongkuk Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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37.23

38.48

35.33

103.75

75.96

Dongkuk Holdings 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															84.03	23.51	80.49	66.98	61.78

Competitive Comparison of Dongkuk Holdings's Days Payable

For the Steel subindustry, Dongkuk Holdings'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.

Dongkuk Holdings's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Dongkuk Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Dongkuk Holdings's Days Payable falls into.

Dongkuk Holdings 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.

Dongkuk Holdings'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
=	( (424960.015	+	269073.771)	/	2 )	/	1667564.306	*	365
=	347016.893					/	1667564.306	*	365
=	75.96

Dongkuk Holdings'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
=	( (305532.516	+	269073.771)	/	2 )	/	424328.508	*	365 / 4
=	287303.1435					/	424328.508	*	365 / 4
=	61.78

Dongkuk Holdings Days Payable Related Terms

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Dongkuk Holdings (XKRX:001230) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Dongkuk Holdings (XKRX:001230) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

19 Eulji-ro 5-gil, Ferrum Tower, Jung-gu, Seoul, KOR

Website

https://www.dongkuk.com

Dongkuk Holdings is in the business of manufacturing of steel products. Its products include steel plates, reinforcing bars, sections, cold rolled steel sheet, galvanized steel sheet, Pre-coated metal. The company operates in Korea, India, China, Japan, Thailand, the U.S.A., Mexico, and Brazil. It has manufacturing facilities in Incheon, Pohang, Dangjin and Busan.

Dongkuk Holdings (XKRX:001230) Headlines

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