Hae In (XKRX:003010) Days Payable : 34.67 (As of Mar. 2024)

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What is Hae In Days Payable?

Hae In's average Accounts Payable for the three months ended in Mar. 2024 was ₩12,583 Mil. Hae In's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩33,119 Mil. Hence, Hae In's Days Payable for the three months ended in Mar. 2024 was 34.67.

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

XKRX:003010' s Days Payable Range Over the Past 10 Years
Min: 19.31 Med: 30.41 Max: 47.69
Current: 19.31

During the past 13 years, Hae In's highest Days Payable was 47.69. The lowest was 19.31. And the median was 30.41.

XKRX:003010's Days Payable is ranked worse than
96.5% of 143 companies
in the Industrial Distribution industry
Industry Median: 52.76 vs XKRX:003010: 19.31

Hae In's Days Payable increased from Mar. 2023 (25.73) to Mar. 2024 (34.67). It may suggest that Hae In delayed paying its suppliers.

Hae In Days Payable Historical Data

The historical data trend for Hae In'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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Hae In Days Payable Chart

Hae In Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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30.00

30.46

23.82

24.16

20.82

Hae In 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															25.73	19.96	17.07	14.36	34.67

Competitive Comparison of Hae In's Days Payable

For the Industrial Distribution subindustry, Hae In'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.

Hae In's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hae In's Days Payable distribution charts can be found below:

* The bar in red indicates where Hae In's Days Payable falls into.

Hae In 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.

Hae In'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
=	( (11395.92	+	15775.211)	/	2 )	/	238206.074	*	365
=	13585.5655					/	238206.074	*	365
=	20.82

Hae In'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
=	( (15775.211	+	9390.785)	/	2 )	/	33118.726	*	365 / 4
=	12582.998					/	33118.726	*	365 / 4
=	34.67

Hae In Days Payable Related Terms

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Hae In (XKRX:003010) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Hae In Corp (XKRX:003010) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

86, Dongsan-ro, Seocho-gu, Seoul, KOR

Website

http://www.haein.com

Hae In Corp is a South Korea based company engaged in providing Caterpillar engines, generator sets, and propulsions used in various applications in electric power generation, industrial power, marine, and oil & gas sectors. The company is also in the businesses of Construction Equipment, Industrial Equipment, Parts & Maintenance Service and New and Renewable Energies.

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