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SK Discovery Co (XKRX:006120) Days Payable : 14.44 (As of Mar. 2024)


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What is SK Discovery Co Days Payable?

SK Discovery Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩303,996 Mil. SK Discovery Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩1,920,439 Mil. Hence, SK Discovery Co's Days Payable for the three months ended in Mar. 2024 was 14.44.

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

XKRX:006120' s Days Payable Range Over the Past 10 Years
Min: 9.15   Med: 23.04   Max: 26.83
Current: 17.33

During the past 13 years, SK Discovery Co's highest Days Payable was 26.83. The lowest was 9.15. And the median was 23.04.

XKRX:006120's Days Payable is ranked worse than
93.4% of 470 companies
in the Conglomerates industry
Industry Median: 58.89 vs XKRX:006120: 17.33

SK Discovery Co's Days Payable declined from Mar. 2023 (16.01) to Mar. 2024 (14.44). It may suggest that SK Discovery Co accelerated paying its suppliers.


SK Discovery Co Days Payable Historical Data

The historical data trend for SK Discovery 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.

SK Discovery Co Days Payable Chart

SK Discovery 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 25.04 26.03 12.67 9.15 12.72

SK Discovery 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 16.01 23.48 16.37 16.36 14.44

Competitive Comparison of SK Discovery Co's Days Payable

For the Conglomerates subindustry, SK Discovery 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.


SK Discovery Co's Days Payable Distribution in the Conglomerates Industry

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

* The bar in red indicates where SK Discovery Co's Days Payable falls into.



SK Discovery 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.

SK Discovery 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
=( (241189.539 + 303995.959) / 2 ) / 7822774.044*365
=272592.749 / 7822774.044*365
=12.72

SK Discovery 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
=( (303995.959 + 0) / 1 ) / 1920439.296*365 / 4
=303995.959 / 1920439.296*365 / 4
=14.44

* 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.


SK Discovery Co Days Payable Related Terms

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SK Discovery Co (XKRX:006120) Business Description

Traded in Other Exchanges
Address
13493 ECO Hub, 332, Pangyo-ro, Bundang-gu, Gyeonggi-do, Seongnam-Si, KOR, 463-400
SK Discovery Co Ltd, formerly SK Chemicals Co Ltd, is engaged in various business fields including environment-friendly materials, vaccines/pharmaceuticals, energy/chemicals and real estate development.

SK Discovery Co (XKRX:006120) Headlines

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