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Actoz Soft Co (XKRX:052790) Days Payable : 62.04 (As of Mar. 2024)


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What is Actoz Soft Co Days Payable?

Actoz Soft Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩1,879 Mil. Actoz Soft Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩2,764 Mil. Hence, Actoz Soft Co's Days Payable for the three months ended in Mar. 2024 was 62.04.

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

XKRX:052790' s Days Payable Range Over the Past 10 Years
Min: 59.08   Med: 85.23   Max: 135.3
Current: 62.91

During the past 13 years, Actoz Soft Co's highest Days Payable was 135.30. The lowest was 59.08. And the median was 85.23.

XKRX:052790's Days Payable is ranked better than
50.35% of 433 companies
in the Interactive Media industry
Industry Median: 61.44 vs XKRX:052790: 62.91

Actoz Soft Co's Days Payable declined from Mar. 2023 (67.83) to Mar. 2024 (62.04). It may suggest that Actoz Soft Co accelerated paying its suppliers.


Actoz Soft Co Days Payable Historical Data

The historical data trend for Actoz Soft 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.

Actoz Soft Co Days Payable Chart

Actoz Soft 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 59.08 67.33 63.06 61.07 68.45

Actoz Soft 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 67.83 68.40 58.25 62.06 62.04

Competitive Comparison of Actoz Soft Co's Days Payable

For the Electronic Gaming & Multimedia subindustry, Actoz Soft 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.


Actoz Soft Co's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Actoz Soft Co's Days Payable distribution charts can be found below:

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



Actoz Soft 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.

Actoz Soft 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
=( (2562.011 + 1874.01) / 2 ) / 11827.203*365
=2218.0105 / 11827.203*365
=68.45

Actoz Soft 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
=( (1874.01 + 1884.962) / 2 ) / 2764.325*365 / 4
=1879.486 / 2764.325*365 / 4
=62.04

* 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.


Actoz Soft Co Days Payable Related Terms

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Actoz Soft Co (XKRX:052790) Business Description

Traded in Other Exchanges
N/A
Address
Yeoksam Building 10th Floor-15th Floor, 8, Teheran-ro 44-gil, Gangnam-gu, Seoul, KOR, 06210
Actoz Soft Co Ltd is an entertainment company, operates in the online gaming industry in South Korea. It develops, operates, publishes, and licenses online games worldwide. It also develops 3D online games and console games; 3D game engines; and animation in house software online game engines. In addition, it distributes third party developed games.

Actoz Soft Co (XKRX:052790) Headlines

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