Hanwha Aerospace Co (XKRX:012450) Days Payable : 52.52 (As of Mar. 2024)

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What is Hanwha Aerospace Co Days Payable?

Hanwha Aerospace Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩795,423 Mil. Hanwha Aerospace Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩1,382,019 Mil. Hence, Hanwha Aerospace Co's Days Payable for the three months ended in Mar. 2024 was 52.52.

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

XKRX:012450' s Days Payable Range Over the Past 10 Years
Min: 26.96 Med: 32.38 Max: 41.3
Current: 35.9

During the past 13 years, Hanwha Aerospace Co's highest Days Payable was 41.30. The lowest was 26.96. And the median was 32.38.

XKRX:012450's Days Payable is ranked worse than
84.23% of 298 companies
in the Aerospace & Defense industry
Industry Median: 78.04 vs XKRX:012450: 35.90

Hanwha Aerospace Co's Days Payable increased from Mar. 2023 (39.45) to Mar. 2024 (52.52). It may suggest that Hanwha Aerospace Co delayed paying its suppliers.

Hanwha Aerospace Co Days Payable Historical Data

The historical data trend for Hanwha Aerospace 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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Hanwha Aerospace Co Days Payable Chart

Hanwha Aerospace Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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30.47

32.13

31.72

32.63

37.45

Hanwha Aerospace Co 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															39.45	42.83	38.21	26.71	52.52

Competitive Comparison of Hanwha Aerospace Co's Days Payable

For the Aerospace & Defense subindustry, Hanwha Aerospace 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.

Hanwha Aerospace Co's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hanwha Aerospace Co's Days Payable distribution charts can be found below:

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

Hanwha Aerospace 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.

Hanwha Aerospace 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
=	( (562558.224	+	919375.527)	/	2 )	/	7221204.757	*	365
=	740966.8755					/	7221204.757	*	365
=	37.45

Hanwha Aerospace Co'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
=	( (919375.527	+	671470.335)	/	2 )	/	1382018.95	*	365 / 4
=	795422.931					/	1382018.95	*	365 / 4
=	52.52

Hanwha Aerospace Co Days Payable Related Terms

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Hanwha Aerospace Co (XKRX:012450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Hanwha Aerospace Co Ltd (XKRX:012450) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1204, Changwon-daero, Seongsan-gu, Changwon-si, Gyeongnam-do, KOR

Website

https://www.hanwhaaerospace.com

Hanwha Aerospace is an aircraft engine manufacturer in South Korea. It has two business divisions: aircraft engine and aero mechanical system. Through the aircraft engine division, the company is engaged in precision machining specialized to develop, manufacture, and maintain aircraft engines. The aero mechanical system division supplies aerospace and defense companies for building hydraulic parts, flight control actuators, and fuel systems. The firm previously operated under the name Hanwha Techwin.

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