GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Zaram Technology Inc (XKRX:389020) » Definitions » Days Payable

Zaram Technology (XKRX:389020) Days Payable : 4.13 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Zaram Technology Days Payable?

Zaram Technology's average Accounts Payable for the three months ended in Mar. 2024 was ₩176 Mil. Zaram Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩3,893 Mil. Hence, Zaram Technology's Days Payable for the three months ended in Mar. 2024 was 4.13.

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

XKRX:389020' s Days Payable Range Over the Past 10 Years
Min: 8.67   Med: 24.36   Max: 30.13
Current: 8.67

During the past 4 years, Zaram Technology's highest Days Payable was 30.13. The lowest was 8.67. And the median was 24.36.

XKRX:389020's Days Payable is ranked worse than
98.24% of 964 companies
in the Semiconductors industry
Industry Median: 51.69 vs XKRX:389020: 8.67

Zaram Technology's Days Payable declined from Mar. 2023 (36.58) to Mar. 2024 (4.13). It may suggest that Zaram Technology accelerated paying its suppliers.


Zaram Technology Days Payable Historical Data

The historical data trend for Zaram Technology'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.

Zaram Technology Days Payable Chart

Zaram Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
24.10 30.13 24.62 9.53

Zaram Technology Quarterly Data
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 36.58 15.50 14.36 6.49 4.13

Competitive Comparison of Zaram Technology's Days Payable

For the Semiconductor Equipment & Materials subindustry, Zaram Technology'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.


Zaram Technology's Days Payable Distribution in the Semiconductors Industry

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

* The bar in red indicates where Zaram Technology's Days Payable falls into.



Zaram Technology 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.

Zaram Technology'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
=( (275.341 + 157.137) / 2 ) / 8278.685*365
=216.239 / 8278.685*365
=9.53

Zaram Technology'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
=( (157.137 + 195.035) / 2 ) / 3892.517*365 / 4
=176.086 / 3892.517*365 / 4
=4.13

* 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.


Zaram Technology Days Payable Related Terms

Thank you for viewing the detailed overview of Zaram Technology's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Zaram Technology (XKRX:389020) Business Description

Traded in Other Exchanges
N/A
Address
41, Seongnam-daero 925beon-gil, 2nd Floor Fine Venture Building, Bundang-gu, Gyeonggi-do, Seongnam si, KOR, 13496
Zaram Technology Inc is specialized in non-memory semiconductor chip design. It also manufactures technology for communication semiconductors and network equipment with optical components. Its products comprise XGSPON, Optical Transceiver, Gigawire, and Others.

Zaram Technology (XKRX:389020) Headlines

No Headlines