Mirai Semiconductors Co (XKRX:254490) Days Payable : 16.54 (As of Mar. 2024)

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What is Mirai Semiconductors Co Days Payable?

Mirai Semiconductors Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩20,540 Mil. Mirai Semiconductors Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩113,319 Mil. Hence, Mirai Semiconductors Co's Days Payable for the three months ended in Mar. 2024 was 16.54.

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

XKRX:254490' s Days Payable Range Over the Past 10 Years
Min: 0.02 Med: 0.02 Max: 9.66
Current: 9.66

During the past 3 years, Mirai Semiconductors Co's highest Days Payable was 9.66. The lowest was 0.02. And the median was 0.02.

XKRX:254490's Days Payable is ranked worse than
97.93% of 964 companies
in the Semiconductors industry
Industry Median: 51.69 vs XKRX:254490: 9.66

Mirai Semiconductors Co's Days Payable increased from Mar. 2023 (3.34) to Mar. 2024 (16.54). It may suggest that Mirai Semiconductors Co delayed paying its suppliers.

Mirai Semiconductors Co Days Payable Historical Data

The historical data trend for Mirai Semiconductors 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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Mirai Semiconductors Co Days Payable Chart

Mirai Semiconductors Co Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

0.02

0.94

Mirai Semiconductors Co Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial						3.34	4.10	1.39	9.38	16.54

Competitive Comparison of Mirai Semiconductors Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, Mirai Semiconductors 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.

Mirai Semiconductors Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Mirai Semiconductors Co's Days Payable distribution charts can be found below:

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

Mirai Semiconductors 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.

Mirai Semiconductors Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	1348.669)	/	1 )	/	521652.197	*	365
=	1348.669					/	521652.197	*	365
=	0.94

Mirai Semiconductors 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
=	( (18734.439	+	22344.827)	/	2 )	/	113318.632	*	365 / 4
=	20539.633					/	113318.632	*	365 / 4
=	16.54

Mirai Semiconductors Co Days Payable Related Terms

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Mirai Semiconductors Co (XKRX:254490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Mirai Semiconductors Co Ltd (XKRX:254490) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

15, Gyeongin-ro 53-gil, 4403, Na-dong, Guro-gu, Seoul, KOR, 08217

Website

http://www.miraisemi.co.kr

Mirai Semiconductors Co Ltd is engaged in the semiconductors and related device business. It offers SD card, MSD card, card, memory card, flash, dram, EMMC, SSD, wafer and other products.

Mirai Semiconductors Co (XKRX:254490) Headlines

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