Sae Dong Co (XKRX:053060) Days Payable : 74.89 (As of Mar. 2024)

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What is Sae Dong Co Days Payable?

Sae Dong Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩30,445 Mil. Sae Dong Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩37,094 Mil. Hence, Sae Dong Co's Days Payable for the three months ended in Mar. 2024 was 74.89.

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

XKRX:053060' s Days Payable Range Over the Past 10 Years
Min: 79.05 Med: 85.87 Max: 95.46
Current: 80.51

During the past 13 years, Sae Dong Co's highest Days Payable was 95.46. The lowest was 79.05. And the median was 85.87.

XKRX:053060's Days Payable is ranked better than
61.06% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 66.5 vs XKRX:053060: 80.51

Sae Dong Co's Days Payable declined from Mar. 2023 (87.52) to Mar. 2024 (74.89). It may suggest that Sae Dong Co accelerated paying its suppliers.

Sae Dong Co Days Payable Historical Data

The historical data trend for Sae Dong 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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Sae Dong Co Days Payable Chart

Sae Dong Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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84.08

90.99

95.46

88.90

79.05

Sae Dong 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															87.52	79.68	88.00	79.19	74.89

Competitive Comparison of Sae Dong Co's Days Payable

For the Auto Parts subindustry, Sae Dong 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.

Sae Dong Co's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Sae Dong Co's Days Payable falls into.

Sae Dong 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.

Sae Dong 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
=	( (32242.315	+	29576.703)	/	2 )	/	142727.424	*	365
=	30909.509					/	142727.424	*	365
=	79.05

Sae Dong 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
=	( (29576.703	+	31313.964)	/	2 )	/	37094.388	*	365 / 4
=	30445.3335					/	37094.388	*	365 / 4
=	74.89

Sae Dong Co Days Payable Related Terms

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Sae Dong Co (XKRX:053060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sae Dong Co Ltd (XKRX:053060) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Busan Metropolitan City, Busan, KOR

Website

http://www.saedong.co.kr

Sae Dong Co Ltd is a Korea based automotive parts manufacturing company. It offers products like door frame moulding, air tube, wide garnish, quadrant cover moulding, inside door belt and others.

Sae Dong Co (XKRX:053060) Headlines

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