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Hyundai Development Co (XKRX:294870) Days Payable : 57.15 (As of Dec. 2023)


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What is Hyundai Development Co Days Payable?

Hyundai Development Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩640,280 Mil. Hyundai Development Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩1,022,341 Mil. Hence, Hyundai Development Co's Days Payable for the three months ended in Dec. 2023 was 57.15.

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

XKRX:294870' s Days Payable Range Over the Past 10 Years
Min: 63.13   Med: 100.91   Max: 210.45
Current: 63.13

During the past 6 years, Hyundai Development Co's highest Days Payable was 210.45. The lowest was 63.13. And the median was 100.91.

XKRX:294870's Days Payable is ranked worse than
58.58% of 1603 companies
in the Construction industry
Industry Median: 74.1 vs XKRX:294870: 63.13

Hyundai Development Co's Days Payable declined from Dec. 2022 (82.68) to Dec. 2023 (57.15). It may suggest that Hyundai Development Co accelerated paying its suppliers.


Hyundai Development Co Days Payable Historical Data

The historical data trend for Hyundai Development 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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Hyundai Development Co Days Payable Chart

Hyundai Development Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 110.23 94.22 101.69 100.13 69.15

Hyundai Development Co 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 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 82.68 66.90 63.96 58.74 57.15

Competitive Comparison of Hyundai Development Co's Days Payable

For the Engineering & Construction subindustry, Hyundai Development 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.


Hyundai Development Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hyundai Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hyundai Development Co's Days Payable falls into.



Hyundai Development 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.

Hyundai Development 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
=( (787406.86 + 656335.082) / 2 ) / 3810050.687*365
=721870.971 / 3810050.687*365
=69.15

Hyundai Development 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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (624224.105 + 656335.082) / 2 ) / 1022340.654*365 / 4
=640279.5935 / 1022340.654*365 / 4
=57.15

* 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.


Hyundai Development Co Days Payable Related Terms

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Hyundai Development Co (XKRX:294870) Business Description

Traded in Other Exchanges
N/A
Address
55, Hangang-daero 23-gil, 8th, 9th floors, Hyundai IPARK Mall, Yongsan-gu, Seoul, KOR, 04377
Hyundai Development Co is a Korean based real estate development and construction company. The firm is engaged in the construction of business specializing in housing, civil engineering, plant and overseas businesses in South Korea. In addition to a variety of construction projects, the company has also developed domestic and overseas civil engineering and plant projects, contributing to economic development.

Hyundai Development Co (XKRX:294870) Headlines

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