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Doosan (XKRX:000150) Days Payable : 123.98 (As of Mar. 2024)


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What is Doosan Days Payable?

Doosan's average Accounts Payable for the three months ended in Mar. 2024 was ₩4,994,437 Mil. Doosan's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩3,675,981 Mil. Hence, Doosan's Days Payable for the three months ended in Mar. 2024 was 123.98.

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

XKRX:000150' s Days Payable Range Over the Past 10 Years
Min: 87.84   Med: 105.65   Max: 159.94
Current: 110.43

During the past 13 years, Doosan's highest Days Payable was 159.94. The lowest was 87.84. And the median was 105.65.

XKRX:000150's Days Payable is ranked better than
77.02% of 470 companies
in the Conglomerates industry
Industry Median: 58.89 vs XKRX:000150: 110.43

Doosan's Days Payable increased from Mar. 2023 (114.24) to Mar. 2024 (123.98). It may suggest that Doosan delayed paying its suppliers.


Doosan Days Payable Historical Data

The historical data trend for Doosan'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.

Doosan Days Payable Chart

Doosan 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 114.81 159.94 129.85 102.28 108.29

Doosan 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 114.24 109.51 123.16 101.75 123.98

Competitive Comparison of Doosan's Days Payable

For the Conglomerates subindustry, Doosan'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.


Doosan's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Doosan's Days Payable distribution charts can be found below:

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



Doosan 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.

Doosan'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
=( (4431385.645 + 4994436.911) / 2 ) / 15885060.615*365
=4712911.278 / 15885060.615*365
=108.29

Doosan'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
=( (4994436.911 + 0) / 1 ) / 3675980.773*365 / 4
=4994436.911 / 3675980.773*365 / 4
=123.98

* 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.


Doosan Days Payable Related Terms

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Doosan (XKRX:000150) Business Description

Traded in Other Exchanges
Address
18-12 Euljiro 6-ga, Jung-gu, Seoul, KOR
Doosan Corp. is a South Korean company engaged in heavy industries, machinery manufacturing and others through its subsidiaries. The company generates the majority of its revenue from three subsidies: Doosan Infracore, or DI; Doosan Heavy Industries & Construction, or DHC; and Doosan Engineering & Construction, or DEC. DI, which is partially owned by Doosan Corp., is engaged in manufacturing and selling of internal combustion engines, construction machinery, and others. DHC, another company partially owned by Doosan Corp., is engaged in supplying generating units, casting, forging, and other businesses. DEC, whose majority stake is owned by Doosan Corp., is engaged in apartment building constructions. The company generates most of its sales from Asia, the U.S., and Europe.

Doosan (XKRX:000150) Headlines

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