Hanwha Solutions (XKRX:009830) Days Payable : 76.34 (As of Mar. 2024)

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What is Hanwha Solutions Days Payable?

Hanwha Solutions's average Accounts Payable for the three months ended in Mar. 2024 was ₩1,837,117 Mil. Hanwha Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩2,195,839 Mil. Hence, Hanwha Solutions's Days Payable for the three months ended in Mar. 2024 was 76.34.

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

XKRX:009830' s Days Payable Range Over the Past 10 Years
Min: 53.19 Med: 61.95 Max: 66.72
Current: 53.19

During the past 13 years, Hanwha Solutions's highest Days Payable was 66.72. The lowest was 53.19. And the median was 61.95.

XKRX:009830's Days Payable is ranked worse than
59.73% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs XKRX:009830: 53.19

Hanwha Solutions's Days Payable increased from Mar. 2023 (61.06) to Mar. 2024 (76.34). It may suggest that Hanwha Solutions delayed paying its suppliers.

Hanwha Solutions Days Payable Historical Data

The historical data trend for Hanwha Solutions'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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Hanwha Solutions Days Payable Chart

Hanwha Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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56.76

60.49

64.43

61.92

60.60

Hanwha Solutions 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															61.06	45.88	51.96	43.91	76.34

Competitive Comparison of Hanwha Solutions's Days Payable

For the Chemicals subindustry, Hanwha Solutions'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.

Hanwha Solutions's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hanwha Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Hanwha Solutions's Days Payable falls into.

Hanwha Solutions 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.

Hanwha Solutions'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
=	( (1831922.117	+	1837116.891)	/	2 )	/	11049867.765	*	365
=	1834519.504					/	11049867.765	*	365
=	60.60

Hanwha Solutions'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
=	( (1837116.891	+	0)	/	1 )	/	2195839.379	*	365 / 4
=	1837116.891					/	2195839.379	*	365 / 4
=	76.34

Hanwha Solutions Days Payable Related Terms

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Hanwha Solutions (XKRX:009830) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hanwha Solutions Corp (XKRX:009830) » Definitions » Days Payable

Traded in Other Exchanges

009835:Korea

Address

86, Cheonggyecheon-ro, Jung-gu, Seoul, KOR, 100797

Website

https://www.hanwhasolutions.com

Hanwha Solutions Corp is a Korean Conglomerate company. Its business includes manufacturing and distribution of PE, PVC, and CA; manufacturing and distribution of automotive parts; department stores, wholesaling and retailing; manufacturing and distribution of solar products, such as ingots and modules; and other businesses. The company's geographical segments include Korea, China, Germany, and others.

Hanwha Solutions (XKRX:009830) Headlines

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