Lotte Himart (XKRX:071840) Days Payable : 32.44 (As of Mar. 2024)

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What is Lotte Himart Days Payable?

Lotte Himart's average Accounts Payable for the three months ended in Mar. 2024 was ₩139,639 Mil. Lotte Himart's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩392,814 Mil. Hence, Lotte Himart's Days Payable for the three months ended in Mar. 2024 was 32.44.

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

XKRX:071840' s Days Payable Range Over the Past 10 Years
Min: 17.51 Med: 23.47 Max: 34.08
Current: 30.51

During the past 13 years, Lotte Himart's highest Days Payable was 34.08. The lowest was 17.51. And the median was 23.47.

XKRX:071840's Days Payable is ranked worse than
75.76% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs XKRX:071840: 30.51

Lotte Himart's Days Payable increased from Mar. 2023 (26.59) to Mar. 2024 (32.44). It may suggest that Lotte Himart delayed paying its suppliers.

Lotte Himart Days Payable Historical Data

The historical data trend for Lotte Himart'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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Lotte Himart Days Payable Chart

Lotte Himart Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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24.42

24.08

21.74

17.51

20.42

Lotte Himart 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															26.59	31.97	26.82	27.32	32.44

Competitive Comparison of Lotte Himart's Days Payable

For the Specialty Retail subindustry, Lotte Himart'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.

Lotte Himart's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lotte Himart's Days Payable distribution charts can be found below:

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

Lotte Himart 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.

Lotte Himart'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
=	( (99135.388	+	116985.105)	/	2 )	/	1931980.922	*	365
=	108060.2465					/	1931980.922	*	365
=	20.42

Lotte Himart'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
=	( (116985.105	+	162293.628)	/	2 )	/	392814.463	*	365 / 4
=	139639.3665					/	392814.463	*	365 / 4
=	32.44

Lotte Himart Days Payable Related Terms

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Lotte Himart (XKRX:071840) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lotte Himart (XKRX:071840) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

509, Daechi-dong, Gangnam-gu, Seoul, KOR, 100-095

Website

http://www.himart.co.kr

Lotte Himart is a wholesaler and retailer of consumer electronics. Some of its products are computers, GPS, digital camera, printers and TV.

Lotte Himart (XKRX:071840) Headlines

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