A-Tech Solution Co (XKRX:071670) Days Payable : 59.75 (As of Dec. 2023)

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What is A-Tech Solution Co Days Payable?

A-Tech Solution Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩46,051 Mil. A-Tech Solution Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩70,325 Mil. Hence, A-Tech Solution Co's Days Payable for the three months ended in Dec. 2023 was 59.75.

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

XKRX:071670' s Days Payable Range Over the Past 10 Years
Min: 45.73 Med: 48.79 Max: 62.33
Current: 60.99

During the past 13 years, A-Tech Solution Co's highest Days Payable was 62.33. The lowest was 45.73. And the median was 48.79.

XKRX:071670's Days Payable is ranked worse than
61.36% of 2932 companies
in the Industrial Products industry
Industry Median: 76.415 vs XKRX:071670: 60.99

A-Tech Solution Co's Days Payable increased from Dec. 2022 (53.83) to Dec. 2023 (59.75). It may suggest that A-Tech Solution Co delayed paying its suppliers.

A-Tech Solution Co Days Payable Historical Data

The historical data trend for A-Tech Solution 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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A-Tech Solution Co Days Payable Chart

A-Tech Solution Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

47.08

46.67

46.40

57.01

62.33

A-Tech Solution 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															53.83	63.73	61.66	57.78	59.75

Competitive Comparison of A-Tech Solution Co's Days Payable

For the Specialty Industrial Machinery subindustry, A-Tech Solution 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.

A-Tech Solution Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, A-Tech Solution Co's Days Payable distribution charts can be found below:

* The bar in red indicates where A-Tech Solution Co's Days Payable falls into.

A-Tech Solution 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.

A-Tech Solution 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
=	( (37869.525	+	45768.104)	/	2 )	/	244877.534	*	365
=	41818.8145					/	244877.534	*	365
=	62.33

A-Tech Solution 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
=	( (46333.889	+	45768.104)	/	2 )	/	70324.747	*	365 / 4
=	46050.9965					/	70324.747	*	365 / 4
=	59.75

A-Tech Solution Co Days Payable Related Terms

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A-Tech Solution Co (XKRX:071670) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » A-Tech Solution Co Ltd (XKRX:071670) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

277, Gajang-ro, Jeongnam-myeon, Gyeonggi-do, Hwadeong-si, KOR, 445-962

Website

http://www.atechsolution.co.kr

A-Tech Solution Co Ltd is engaged in manufacturing injection mold and press die products. Its products include TV, appliance & automobile mold, stamping die, and LED lighting products.

A-Tech Solution Co (XKRX:071670) Headlines

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