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GS Engineeringnstruction (XKRX:006360) Days Payable : 43.22 (As of Dec. 2023)


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What is GS Engineeringnstruction Days Payable?

GS Engineeringnstruction's average Accounts Payable for the three months ended in Dec. 2023 was ₩1,601,131 Mil. GS Engineeringnstruction's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩3,380,457 Mil. Hence, GS Engineeringnstruction's Days Payable for the three months ended in Dec. 2023 was 43.22.

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

XKRX:006360' s Days Payable Range Over the Past 10 Years
Min: 45.56   Med: 96.01   Max: 131.93
Current: 46.49

During the past 13 years, GS Engineeringnstruction's highest Days Payable was 131.93. The lowest was 45.56. And the median was 96.01.

XKRX:006360's Days Payable is ranked worse than
73.72% of 1606 companies
in the Construction industry
Industry Median: 73.785 vs XKRX:006360: 46.49

GS Engineeringnstruction's Days Payable increased from Dec. 2022 (41.30) to Dec. 2023 (43.22). It may suggest that GS Engineeringnstruction delayed paying its suppliers.


GS Engineeringnstruction Days Payable Historical Data

The historical data trend for GS Engineeringnstruction'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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GS Engineeringnstruction Days Payable Chart

GS Engineeringnstruction Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.85 53.53 55.84 48.21 45.56

GS Engineeringnstruction 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 41.30 51.19 42.70 51.15 43.22

Competitive Comparison of GS Engineeringnstruction's Days Payable

For the Engineering & Construction subindustry, GS Engineeringnstruction'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.


GS Engineeringnstruction's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, GS Engineeringnstruction's Days Payable distribution charts can be found below:

* The bar in red indicates where GS Engineeringnstruction's Days Payable falls into.



GS Engineeringnstruction 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.

GS Engineeringnstruction'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
=( (1682406.686 + 1606265.622) / 2 ) / 13174490.95*365
=1644336.154 / 13174490.95*365
=45.56

GS Engineeringnstruction'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
=( (1595996.788 + 1606265.622) / 2 ) / 3380457.164*365 / 4
=1601131.205 / 3380457.164*365 / 4
=43.22

* 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.


GS Engineeringnstruction Days Payable Related Terms

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GS Engineeringnstruction (XKRX:006360) Business Description

Traded in Other Exchanges
N/A
Address
GS Yeokjeon Tower, 537, Namdaemun-ro 5-ga, Joong-gu, Seoul, KOR, 100-722
GS Engineering & Construction Corp designs and develops projects for power, environment, infrastructure, buildings, and housing markets. Most projects and revenue come from Korea, but the company has a strong sales presence in the Middle East and Africa. It constructs plants and refineries for gas, waste and water treatment, and other industrial components. Also, the company builds offices, manufacturing facilities, and housing developments for both the public and private sectors. GS E&C operates in four business sectors: architecture business, infrastructure, pant, and power. Most sales come from the architecture business and plant sectors, and projects in these areas tend to be large, complex, with components of building automation.

GS Engineeringnstruction (XKRX:006360) Headlines

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