Hyundai Glovis Co (XKRX:086280) Days Payable : 28.19 (As of Dec. 2023)

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What is Hyundai Glovis Co Days Payable?

Hyundai Glovis Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩1,852,199 Mil. Hyundai Glovis Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩5,996,484 Mil. Hence, Hyundai Glovis Co's Days Payable for the three months ended in Dec. 2023 was 28.19.

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

XKRX:086280' s Days Payable Range Over the Past 10 Years
Min: 25.93 Med: 27.56 Max: 34.55
Current: 28.96

During the past 13 years, Hyundai Glovis Co's highest Days Payable was 34.55. The lowest was 25.93. And the median was 27.56.

XKRX:086280's Days Payable is ranked worse than
65.98% of 929 companies
in the Transportation industry
Industry Median: 39.02 vs XKRX:086280: 28.96

Hyundai Glovis Co's Days Payable declined from Dec. 2022 (28.99) to Dec. 2023 (28.19). It may suggest that Hyundai Glovis Co accelerated paying its suppliers.

Hyundai Glovis Co Days Payable Historical Data

The historical data trend for Hyundai Glovis 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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Hyundai Glovis Co Days Payable Chart

Hyundai Glovis Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

28.50

34.55

30.92

27.69

28.11

Hyundai Glovis Co 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															28.99	29.75	29.03	29.76	28.19

Competitive Comparison of Hyundai Glovis Co's Days Payable

For the Integrated Freight & Logistics subindustry, Hyundai Glovis 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.

Hyundai Glovis Co's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hyundai Glovis Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hyundai Glovis Co's Days Payable falls into.

Hyundai Glovis 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.

Hyundai Glovis 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
=	( (1842184.506	+	1791237.338)	/	2 )	/	23591728.439	*	365
=	1816710.922					/	23591728.439	*	365
=	28.11

Hyundai Glovis 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
=	( (1913160.883	+	1791237.338)	/	2 )	/	5996483.911	*	365 / 4
=	1852199.1105					/	5996483.911	*	365 / 4
=	28.19

Hyundai Glovis Co Days Payable Related Terms

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Hyundai Glovis Co (XKRX:086280) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hyundai Glovis Co Ltd (XKRX:086280) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

301, Teheran-ro, Gangnam-gu, Seoul, KOR

Website

http://www.glovis.net

Hyundai Glovis Co Ltd is engaged in the comprehensive logistics business. The company offers vehicle transportation services, storage services, inbound and outbound logistics, domestic logistics services, general cargo, military logistics, and consulting services. It offers services to industries including steel, machinery, heavy industries, chemical, energy, and construction. The company provides systematic information on tracking, detention, estimated time of arrival through inbound and outbound logistics system.

Hyundai Glovis Co (XKRX:086280) Headlines

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