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Hanwha Systems Co (XKRX:272210) Days Payable : 29.68 (As of Mar. 2024)


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What is Hanwha Systems Co Days Payable?

Hanwha Systems Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩149,000 Mil. Hanwha Systems Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩458,056 Mil. Hence, Hanwha Systems Co's Days Payable for the three months ended in Mar. 2024 was 29.68.

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

XKRX:272210' s Days Payable Range Over the Past 10 Years
Min: 16.45   Med: 36.82   Max: 138.69
Current: 20.19

During the past 13 years, Hanwha Systems Co's highest Days Payable was 138.69. The lowest was 16.45. And the median was 36.82.

XKRX:272210's Days Payable is ranked worse than
96.98% of 298 companies
in the Aerospace & Defense industry
Industry Median: 78.04 vs XKRX:272210: 20.19

Hanwha Systems Co's Days Payable declined from Mar. 2023 (32.22) to Mar. 2024 (29.68). It may suggest that Hanwha Systems Co accelerated paying its suppliers.


Hanwha Systems Co Days Payable Historical Data

The historical data trend for Hanwha Systems 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.

Hanwha Systems Co Days Payable Chart

Hanwha Systems 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 30.78 26.08 16.45 19.17 23.86

Hanwha Systems 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 32.22 19.67 14.29 15.94 29.68

Competitive Comparison of Hanwha Systems Co's Days Payable

For the Aerospace & Defense subindustry, Hanwha Systems 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.


Hanwha Systems Co's Days Payable Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Hanwha Systems Co's Days Payable falls into.



Hanwha Systems 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.

Hanwha Systems 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
=( (117842.015 + 163091.044) / 2 ) / 2148770.403*365
=140466.5295 / 2148770.403*365
=23.86

Hanwha Systems 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
=( (163091.044 + 134908.146) / 2 ) / 458056.492*365 / 4
=148999.595 / 458056.492*365 / 4
=29.68

* 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.


Hanwha Systems Co Days Payable Related Terms

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Hanwha Systems Co (XKRX:272210) Business Description

Traded in Other Exchanges
N/A
Address
86 Cheonggyecheon-ro, Jung-gu, 14th Floor, Hanwha Building, Seoul, KOR, 04541
Hanwha Systems Co Ltd is a South Korea based company engaged in the areas of avionics and space, security and safety, and information systems service. It offers Fixed Wing Systems, Rotary Wing Systems, Unmanned Systems and Satellite sensors to the Avionics and Space sector. The company also offers IT services which include System Integration, Application Management service, and Cloud Management Service among others.

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