Abpro Bio Co (XKRX:195990) Days Payable : 40.97 (As of Mar. 2024)

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What is Abpro Bio Co Days Payable?

Abpro Bio Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩2,562 Mil. Abpro Bio Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩5,706 Mil. Hence, Abpro Bio Co's Days Payable for the three months ended in Mar. 2024 was 40.97.

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

XKRX:195990' s Days Payable Range Over the Past 10 Years
Min: 15.55 Med: 36.08 Max: 97.39
Current: 40.77

During the past 10 years, Abpro Bio Co's highest Days Payable was 97.39. The lowest was 15.55. And the median was 36.08.

XKRX:195990's Days Payable is ranked worse than
79.1% of 2923 companies
in the Industrial Products industry
Industry Median: 76.67 vs XKRX:195990: 40.77

Abpro Bio Co's Days Payable increased from Mar. 2023 (32.51) to Mar. 2024 (40.97). It may suggest that Abpro Bio Co delayed paying its suppliers.

Abpro Bio Co Days Payable Historical Data

The historical data trend for Abpro Bio 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.

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Abpro Bio Co Days Payable Chart

Abpro Bio Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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15.55

21.59

32.35

39.81

27.91

Abpro Bio 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															32.51	46.56	41.90	26.90	40.97

Competitive Comparison of Abpro Bio Co's Days Payable

For the Specialty Industrial Machinery subindustry, Abpro Bio 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.

Abpro Bio Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Abpro Bio Co's Days Payable distribution charts can be found below:

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

Abpro Bio 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.

Abpro Bio 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
=	( (1559.063	+	2126.991)	/	2 )	/	24106.709	*	365
=	1843.027					/	24106.709	*	365
=	27.91

Abpro Bio 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
=	( (2126.991	+	2997.31)	/	2 )	/	5706.333	*	365 / 4
=	2562.1505					/	5706.333	*	365 / 4
=	40.97

Abpro Bio Co Days Payable Related Terms

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Abpro Bio Co (XKRX:195990) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Abpro Bio Co Ltd (XKRX:195990) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 139, Techno Jungang-daero, Geum-ri, Yuga-myeon, Dalseong-gun, Daegu, KOR, 711882

Website

http://www.ugint.co.kr

Abpro Bio Co Ltd formerly known as Ugint Co Ltd is engaged in the manufacturing and selling of special-purpose machinery. The company's product includes Max-G300, UM400 4SP, XT3000S among others.

Abpro Bio Co (XKRX:195990) Headlines

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