DN Automotive (XKRX:007340) Days Payable : 52.18 (As of Mar. 2024)

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What is DN Automotive Days Payable?

DN Automotive's average Accounts Payable for the three months ended in Mar. 2024 was ₩332,009 Mil. DN Automotive's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩580,582 Mil. Hence, DN Automotive's Days Payable for the three months ended in Mar. 2024 was 52.18.

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

XKRX:007340' s Days Payable Range Over the Past 10 Years
Min: 33.2 Med: 49.38 Max: 56.93
Current: 53.18

During the past 13 years, DN Automotive's highest Days Payable was 56.93. The lowest was 33.20. And the median was 49.38.

XKRX:007340's Days Payable is ranked worse than
61.44% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 66.92 vs XKRX:007340: 53.18

DN Automotive's Days Payable declined from Mar. 2023 (53.46) to Mar. 2024 (52.18). It may suggest that DN Automotive accelerated paying its suppliers.

DN Automotive Days Payable Historical Data

The historical data trend for DN Automotive'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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DN Automotive Days Payable Chart

DN Automotive Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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49.57

55.84

48.61

33.20

49.18

DN Automotive 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															53.46	53.52	52.96	51.22	52.18

Competitive Comparison of DN Automotive's Days Payable

For the Auto Parts subindustry, DN Automotive'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.

DN Automotive's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, DN Automotive's Days Payable distribution charts can be found below:

* The bar in red indicates where DN Automotive's Days Payable falls into.

DN Automotive 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.

DN Automotive'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
=	( (340103.27	+	318353.344)	/	2 )	/	2443559.361	*	365
=	329228.307					/	2443559.361	*	365
=	49.18

DN Automotive'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
=	( (318353.344	+	345664.107)	/	2 )	/	580581.794	*	365 / 4
=	332008.7255					/	580581.794	*	365 / 4
=	52.18

DN Automotive Days Payable Related Terms

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DN Automotive (XKRX:007340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » DN Automotive Corp (XKRX:007340) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Sanmak Industrial Complex Buk 11-gil, Yangsan Factory (626-120) 103, Gyeongsangnam-do, Yangsan-si, KOR, 50567

Website

https://www.dnautomotive.com

DN Automotive Corp is a Korea-based company, engaged in manufacturing and distributing of rubber products. It offers products such as Tubes which are used for passenger car, truck, bus, industrial purpose and others; retread tires; carbon master batch products; MF and dry batteries for vehicles; and precured treads and curing envelopes, and flaps. All the business activity is primarily functioned through Korea and products are distributed within Korea and to overseas market.

DN Automotive (XKRX:007340) Headlines

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