Huvitz Co (XKRX:065510) Days Payable : 34.94 (As of Mar. 2024)

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What is Huvitz Co Days Payable?

Huvitz Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩5,527 Mil. Huvitz Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩14,436 Mil. Hence, Huvitz Co's Days Payable for the three months ended in Mar. 2024 was 34.94.

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

XKRX:065510' s Days Payable Range Over the Past 10 Years
Min: 26.62 Med: 29.84 Max: 38.24
Current: 34.4

During the past 13 years, Huvitz Co's highest Days Payable was 38.24. The lowest was 26.62. And the median was 29.84.

XKRX:065510's Days Payable is ranked worse than
81.55% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.67 vs XKRX:065510: 34.40

Huvitz Co's Days Payable increased from Mar. 2023 (32.93) to Mar. 2024 (34.94). It may suggest that Huvitz Co delayed paying its suppliers.

Huvitz Co Days Payable Historical Data

The historical data trend for Huvitz 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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Huvitz Co Days Payable Chart

Huvitz Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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29.49

38.24

26.62

31.37

29.80

Huvitz 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															32.93	31.09	33.79	38.09	34.94

Competitive Comparison of Huvitz Co's Days Payable

For the Medical Devices subindustry, Huvitz 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.

Huvitz Co's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Huvitz Co's Days Payable distribution charts can be found below:

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

Huvitz 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.

Huvitz 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
=	( (5375.325	+	5209.08)	/	2 )	/	64809.743	*	365
=	5292.2025					/	64809.743	*	365
=	29.80

Huvitz 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
=	( (5209.08	+	5844.574)	/	2 )	/	14435.998	*	365 / 4
=	5526.827					/	14435.998	*	365 / 4
=	34.94

Huvitz Co Days Payable Related Terms

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Huvitz Co (XKRX:065510) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Huvitz Co Ltd (XKRX:065510) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

689-3 Geumjeong-dong, Gunpo-si, Gyeonggi, KOR, 435-862

Website

http://www.huvitz.com

Huvitz Co Ltd is engaged in developing and selling optometric medical equipment worldwide. The company offers ophthalmic and optical equipment comprising refractive equipment, such as auto ref/keratometers, auto lensmeters, digital refractors, chart projectors, and unit tables; and diagnostic equipment comprising slit lamps, non-contact tonometers, and applanation tonometers, as well as surgical products.

Huvitz Co (XKRX:065510) Headlines

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