Seah Holdings (XKRX:058650) Days Payable : 31.53 (As of Dec. 2023)

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What is Seah Holdings Days Payable?

Seah Holdings's average Accounts Payable for the three months ended in Dec. 2023 was ₩467,432 Mil. Seah Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩1,352,803 Mil. Hence, Seah Holdings's Days Payable for the three months ended in Dec. 2023 was 31.53.

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

XKRX:058650' s Days Payable Range Over the Past 10 Years
Min: 26.11 Med: 30.14 Max: 38.8
Current: 32.1

During the past 13 years, Seah Holdings's highest Days Payable was 38.80. The lowest was 26.11. And the median was 30.14.

XKRX:058650's Days Payable is ranked worse than
62.07% of 588 companies
in the Steel industry
Industry Median: 41.195 vs XKRX:058650: 32.10

Seah Holdings's Days Payable increased from Dec. 2022 (30.64) to Dec. 2023 (31.53). It may suggest that Seah Holdings delayed paying its suppliers.

Seah Holdings Days Payable Historical Data

The historical data trend for Seah Holdings'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.

* Premium members only.

Seah Holdings Days Payable Chart

Seah Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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28.56

38.80

36.95

35.78

32.67

Seah Holdings 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															30.64	32.69	32.01	31.45	31.53

Competitive Comparison of Seah Holdings's Days Payable

For the Steel subindustry, Seah Holdings'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.

Seah Holdings's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Seah Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Seah Holdings's Days Payable falls into.

Seah Holdings 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.

Seah Holdings'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
=	( (608020.539	+	462022.2)	/	2 )	/	5977035.299	*	365
=	535021.3695					/	5977035.299	*	365
=	32.67

Seah Holdings'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
=	( (472842.294	+	462022.2)	/	2 )	/	1352802.638	*	365 / 4
=	467432.247					/	1352802.638	*	365 / 4
=	31.53

Seah Holdings Days Payable Related Terms

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Seah Holdings (XKRX:058650) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Seah Holdings Corp (XKRX:058650) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Yanghwa-ro, SeAH Tower, 45, Mapo-gu, Seoul, KOR

Website

http://www.seahholdings.co.kr

Seah Holdings Corp is a holdings company. It develops market strategies for affiliate companies, supports management, and handles the group's investment portfolio. Through its affiliate companies, it is engaged in the manufacturing of special steels and large forgings; cold heading quality wires, stainless steel bars, and others. In addition, the company is engaged in the provision of voice over internet phone services, internet services, system integration, network integration and other services. The group has the business presence in Korea and other countries.

Seah Holdings (XKRX:058650) Headlines

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