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JLS Co (XKRX:040420) Days Payable : 1.45 (As of Mar. 2024)


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What is JLS Co Days Payable?

JLS Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩348 Mil. JLS Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩21,837 Mil. Hence, JLS Co's Days Payable for the three months ended in Mar. 2024 was 1.45.

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

XKRX:040420' s Days Payable Range Over the Past 10 Years
Min: 0.85   Med: 1.27   Max: 1.51
Current: 1.51

During the past 13 years, JLS Co's highest Days Payable was 1.51. The lowest was 0.85. And the median was 1.27.

XKRX:040420's Days Payable is ranked worse than
94.81% of 212 companies
in the Education industry
Industry Median: 35.575 vs XKRX:040420: 1.51

JLS Co's Days Payable declined from Mar. 2023 (1.54) to Mar. 2024 (1.45). It may suggest that JLS Co accelerated paying its suppliers.


JLS Co Days Payable Historical Data

The historical data trend for JLS 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.

JLS Co Days Payable Chart

JLS 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 1.32 1.15 0.85 1.21 1.42

JLS 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 1.54 1.59 1.50 1.45 1.45

Competitive Comparison of JLS Co's Days Payable

For the Education & Training Services subindustry, JLS 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.


JLS Co's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, JLS Co's Days Payable distribution charts can be found below:

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



JLS 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.

JLS 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
=( (347.667 + 342.358) / 2 ) / 88786.859*365
=345.0125 / 88786.859*365
=1.42

JLS 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
=( (342.358 + 353.301) / 2 ) / 21836.828*365 / 4
=347.8295 / 21836.828*365 / 4
=1.45

* 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.


JLS Co Days Payable Related Terms

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JLS Co (XKRX:040420) Business Description

Traded in Other Exchanges
N/A
Address
994-3 Daechi-dong, Gangnam-gu, Seoul, KOR, 135-501
JLS Co Ltd is engaged in the provision of educational services in South Korea. It offers educational services for nursery, kindergarten, elementary, middle, and high school students. It also provides online tuitions and sells educational materials.

JLS Co (XKRX:040420) Headlines

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