Hydro Lithium (XKRX:101670) Days Payable : 12.78 (As of Dec. 2023)

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What is Hydro Lithium Days Payable?

Hydro Lithium's average Accounts Payable for the three months ended in Dec. 2023 was ₩619 Mil. Hydro Lithium's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩4,420 Mil. Hence, Hydro Lithium's Days Payable for the three months ended in Dec. 2023 was 12.78.

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

XKRX:101670' s Days Payable Range Over the Past 10 Years
Min: 7.83 Med: 24.56 Max: 32.53
Current: 10.2

During the past 13 years, Hydro Lithium's highest Days Payable was 32.53. The lowest was 7.83. And the median was 24.56.

XKRX:101670's Days Payable is ranked worse than
89.46% of 588 companies
in the Steel industry
Industry Median: 39.865 vs XKRX:101670: 10.20

Hydro Lithium's Days Payable declined from Dec. 2022 (13.70) to Dec. 2023 (12.78). It may suggest that Hydro Lithium accelerated paying its suppliers.

Hydro Lithium Days Payable Historical Data

The historical data trend for Hydro Lithium'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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Hydro Lithium Days Payable Chart

Hydro Lithium Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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22.15

25.41

23.39

21.71

7.83

Hydro Lithium 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															13.70	8.50	8.82	14.13	12.78

Competitive Comparison of Hydro Lithium's Days Payable

For the Steel subindustry, Hydro Lithium'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.

Hydro Lithium's Days Payable Distribution in the Steel Industry

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

* The bar in red indicates where Hydro Lithium's Days Payable falls into.

Hydro Lithium 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.

Hydro Lithium'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
=	( (323.396	+	532.409)	/	2 )	/	19934.244	*	365
=	427.9025					/	19934.244	*	365
=	7.83

Hydro Lithium'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
=	( (706.071	+	532.409)	/	2 )	/	4420.419	*	365 / 4
=	619.24					/	4420.419	*	365 / 4
=	12.78

Hydro Lithium Days Payable Related Terms

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Hydro Lithium (XKRX:101670) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hydro Lithium Inc (XKRX:101670) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

744-27 Moonhyung-ri, Opo-eup, Gyangju, KOR, 464-894

Website

http://www.korease.co.kr

Hydro Lithium Inc is a Korea-based company mainly engaged in the manufacture of construction supplies. The company's products include permanent anchors, which are used for slope reinforcement; tie cables, which are used for falsework protection; caisson lift lugs, which are used for caisson manufacturing; bridge stay cables, which are used for overhead walkways, as well as prestressed anchor panel (PAP) retaining walls, which are used for slope reinforcement.

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