Smart Radar System (XKRX:424960) Days Payable : 15.32 (As of Dec. 2023)

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What is Smart Radar System Days Payable?

Smart Radar System's average Accounts Payable for the three months ended in Dec. 2023 was ₩204 Mil. Smart Radar System's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩1,216 Mil. Hence, Smart Radar System's Days Payable for the three months ended in Dec. 2023 was 15.32.

The historical rank and industry rank for Smart Radar System's Days Payable or its related term are showing as below:

XKRX:424960' s Days Payable Range Over the Past 10 Years
Min: 1.52 Med: 8.82 Max: 27.09
Current: 27.09

During the past 4 years, Smart Radar System's highest Days Payable was 27.09. The lowest was 1.52. And the median was 8.82.

XKRX:424960's Days Payable is ranked worse than
90.21% of 2422 companies
in the Hardware industry
Industry Median: 67.74 vs XKRX:424960: 27.09

Smart Radar System's Days Payable increased from Sep. 2022 (0.00) to Dec. 2023 (15.32). It may suggest that Smart Radar System delayed paying its suppliers.

Smart Radar System Days Payable Historical Data

The historical data trend for Smart Radar System'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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Smart Radar System Days Payable Chart

Smart Radar System Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

1.52

5.57

12.06

20.54

Smart Radar System Quarterly Data
	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial			-	9.86	24.72	28.91	15.32

Competitive Comparison of Smart Radar System's Days Payable

For the Scientific & Technical Instruments subindustry, Smart Radar System'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.

Smart Radar System's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Smart Radar System's Days Payable distribution charts can be found below:

* The bar in red indicates where Smart Radar System's Days Payable falls into.

Smart Radar System 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.

Smart Radar System'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
=	( (147.829	+	169.942)	/	2 )	/	2824.018	*	365
=	158.8855					/	2824.018	*	365
=	20.54

Smart Radar System'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
=	( (238.137	+	169.942)	/	2 )	/	1215.656	*	365 / 4
=	204.0395					/	1215.656	*	365 / 4
=	15.32

Smart Radar System Days Payable Related Terms

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Smart Radar System (XKRX:424960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Smart Radar System Inc (XKRX:424960) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

925beon-gil, 3F Fine Digital, 41, Seongnam-daero, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13496

Website

https://www.smartradarsystem.com

Smart Radar System Inc is a company developing radar solutions for autonomous cars and industrial applications. They provide RF antenna design, hardware module fabrication, radar signal processing algorithms and software APIs. It offers products such as RETINA-4FN, RETINA-4SN and IRISc-03A which are 4D Imaging Radars, Single chip Radars.

Smart Radar System (XKRX:424960) Headlines

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