Daewoo Engineeringnstruction Co (XKRX:047040) Days Payable : 43.65 (As of Dec. 2023)

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What is Daewoo Engineeringnstruction Co Days Payable?

Daewoo Engineeringnstruction Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩1,187,254 Mil. Daewoo Engineeringnstruction Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩2,482,219 Mil. Hence, Daewoo Engineeringnstruction Co's Days Payable for the three months ended in Dec. 2023 was 43.65.

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

XKRX:047040' s Days Payable Range Over the Past 10 Years
Min: 19.13 Med: 54.98 Max: 65.04
Current: 51.27

During the past 13 years, Daewoo Engineeringnstruction Co's highest Days Payable was 65.04. The lowest was 19.13. And the median was 54.98.

XKRX:047040's Days Payable is ranked worse than
69.68% of 1603 companies
in the Construction industry
Industry Median: 74.1 vs XKRX:047040: 51.27

Daewoo Engineeringnstruction Co's Days Payable declined from Dec. 2022 (53.58) to Dec. 2023 (43.65). It may suggest that Daewoo Engineeringnstruction Co accelerated paying its suppliers.

Daewoo Engineeringnstruction Co Days Payable Historical Data

The historical data trend for Daewoo Engineeringnstruction 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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Daewoo Engineeringnstruction Co Days Payable Chart

Daewoo Engineeringnstruction Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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56.09

54.31

61.20

65.04

50.70

Daewoo Engineeringnstruction Co 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															53.58	66.39	49.66	47.57	43.65

Competitive Comparison of Daewoo Engineeringnstruction Co's Days Payable

For the Engineering & Construction subindustry, Daewoo Engineeringnstruction 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.

Daewoo Engineeringnstruction Co's Days Payable Distribution in the Construction Industry

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

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

Daewoo Engineeringnstruction 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.

Daewoo Engineeringnstruction 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
=	( (1756793.321	+	1142599.237)	/	2 )	/	10436072.415	*	365
=	1449696.279					/	10436072.415	*	365
=	50.70

Daewoo Engineeringnstruction Co'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
=	( (1231908.46	+	1142599.237)	/	2 )	/	2482219.46	*	365 / 4
=	1187253.8485					/	2482219.46	*	365 / 4
=	43.65

Daewoo Engineeringnstruction Co Days Payable Related Terms

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Daewoo Engineeringnstruction Co (XKRX:047040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Daewoo Engineering & Construction Co Ltd (XKRX:047040) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Sinmunno 1-ga, Daewoo E&C 57, Jongno-gu, Seoul, KOR, 110-713

Website

http://www.daewooenc.com

Daewoo Engineering & Construction Co Ltd develops complex structures and buildings for various end markets. It operates four business divisions: Civil Project, Building Works, Plants, and Housing. The company constructs roads, bridges, railways, offices, factories, apartments, and various power plants. It works in various stages of the construction process and will partner with developers to meet clients' needs. Many of the projects are highly technical with a lot of moving components, so planning and acquiring the right resources becomes an important part of the process. The majority of revenue is derived from Korea, but it will take orders for projects outside the country.

Daewoo Engineeringnstruction Co (XKRX:047040) Headlines

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