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Apex Intec Co (XKRX:207490) Days Payable : 58.67 (As of Dec. 2023)


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What is Apex Intec Co Days Payable?

Apex Intec Co's average Accounts Payable for the six months ended in Dec. 2023 was ₩3,067 Mil. Apex Intec Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ₩19,080 Mil. Hence, Apex Intec Co's Days Payable for the six months ended in Dec. 2023 was 29.33.

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

XKRX:207490' s Days Payable Range Over the Past 10 Years
Min: 52.93   Med: 67.81   Max: 157.67
Current: 58.67

During the past 7 years, Apex Intec Co's highest Days Payable was 157.67. The lowest was 52.93. And the median was 67.81.

XKRX:207490's Days Payable is not ranked
in the Industrial Products industry.
Industry Median: 76.66 vs XKRX:207490: 58.67

Apex Intec Co's Days Payable declined from Dec. 2021 (67.81) to Dec. 2023 (58.67). It may suggest that Apex Intec Co accelerated paying its suppliers.


Apex Intec Co Days Payable Historical Data

The historical data trend for Apex Intec 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.

Apex Intec Co Days Payable Chart

Apex Intec Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 59.52 52.93 67.81 73.52 58.67

Apex Intec Co Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable Get a 7-Day Free Trial 59.52 52.93 67.81 73.52 58.67

Competitive Comparison of Apex Intec Co's Days Payable

For the Electrical Equipment & Parts subindustry, Apex Intec 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.


Apex Intec Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Apex Intec Co's Days Payable distribution charts can be found below:

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



Apex Intec 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.

Apex Intec 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
=( (2460.072 + 3673.355) / 2 ) / 19080.101*365
=3066.7135 / 19080.101*365
=58.67

Apex Intec 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: Dec. 2022 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2460.072 + 3673.355) / 2 ) / 19080.101*365 / 2
=3066.7135 / 19080.101*365 / 2
=29.33

* 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.


Apex Intec Co Days Payable Related Terms

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Apex Intec Co (XKRX:207490) Business Description

Traded in Other Exchanges
N/A
Address
619-9, Indonggasan-Ro, Gasan-Myeon, Gyeongbuk, Chilgok-Gun, KOR
Apex Intec Co Ltd is engaged in designing and manufacturing of LED design. The company's products include LED indoor and outdoor lighting, architechural lighting, and innovative solar power generation device.

Apex Intec Co (XKRX:207490) Headlines

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