GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » SK Oceanplant Co Ltd (XKRX:100090) » Definitions » Days Payable

SK Oceanplant Co (XKRX:100090) Days Payable : 32.50 (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is SK Oceanplant Co Days Payable?

SK Oceanplant Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩39,436 Mil. SK Oceanplant Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩110,733 Mil. Hence, SK Oceanplant Co's Days Payable for the three months ended in Mar. 2024 was 32.50.

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

XKRX:100090' s Days Payable Range Over the Past 10 Years
Min: 22.64   Med: 48.57   Max: 57.32
Current: 27.52

During the past 13 years, SK Oceanplant Co's highest Days Payable was 57.32. The lowest was 22.64. And the median was 48.57.

XKRX:100090's Days Payable is ranked worse than
91.95% of 298 companies
in the Aerospace & Defense industry
Industry Median: 78.04 vs XKRX:100090: 27.52

SK Oceanplant Co's Days Payable increased from Mar. 2023 (32.30) to Mar. 2024 (32.50). It may suggest that SK Oceanplant Co delayed paying its suppliers.


SK Oceanplant Co Days Payable Historical Data

The historical data trend for SK Oceanplant 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.

* Premium members only.

SK Oceanplant Co Days Payable Chart

SK Oceanplant Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.32 55.44 38.97 36.43 22.64

SK Oceanplant 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.30 28.13 28.08 26.56 32.50

Competitive Comparison of SK Oceanplant Co's Days Payable

For the Aerospace & Defense subindustry, SK Oceanplant 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.


SK Oceanplant Co's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, SK Oceanplant Co's Days Payable distribution charts can be found below:

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



SK Oceanplant 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.

SK Oceanplant 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
=( (62405.115 + 39435.969) / 2 ) / 820824.251*365
=50920.542 / 820824.251*365
=22.64

SK Oceanplant 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
=( (39435.969 + 0) / 1 ) / 110733.133*365 / 4
=39435.969 / 110733.133*365 / 4
=32.50

* 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.


SK Oceanplant Co Days Payable Related Terms

Thank you for viewing the detailed overview of SK Oceanplant Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


SK Oceanplant Co (XKRX:100090) Business Description

Traded in Other Exchanges
N/A
Address
51-1, Naesan 3-gil, Donghae-myeon, Gyeongsangnam-do, Goseong-gun, KOR
SK Oceanplant Co Ltd manufactures and sells steel or stainless pipes and vessel equipment. The company's segment includes Pipe and Ship/Offshore. It generates maximum revenue from Ship/Offshore segment.

SK Oceanplant Co (XKRX:100090) Headlines

No Headlines