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MiraeN Edupartner Co (XKRX:208890) Days Payable : 25.00 (As of Dec. 2023)


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What is MiraeN Edupartner Co Days Payable?

MiraeN Edupartner Co's average Accounts Payable for the six months ended in Dec. 2023 was ₩1,008 Mil. MiraeN Edupartner Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ₩14,717 Mil. Hence, MiraeN Edupartner Co's Days Payable for the six months ended in Dec. 2023 was 12.50.

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

XKRX:208890' s Days Payable Range Over the Past 10 Years
Min: 0.02   Med: 0.42   Max: 25
Current: 25

During the past 10 years, MiraeN Edupartner Co's highest Days Payable was 25.00. The lowest was 0.02. And the median was 0.42.

XKRX:208890's Days Payable is ranked worse than
60.85% of 212 companies
in the Education industry
Industry Median: 35.575 vs XKRX:208890: 25.00

MiraeN Edupartner Co's Days Payable increased from Dec. 2021 (0.00) to Dec. 2023 (25.00). It may suggest that MiraeN Edupartner Co delayed paying its suppliers.


MiraeN Edupartner Co Days Payable Historical Data

The historical data trend for MiraeN Edupartner 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.

MiraeN Edupartner Co Days Payable Chart

MiraeN Edupartner 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 0.06 0.10 - 19.05 25.00

MiraeN Edupartner Co Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.10 - 19.05 25.00

Competitive Comparison of MiraeN Edupartner Co's Days Payable

For the Education & Training Services subindustry, MiraeN Edupartner 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.


MiraeN Edupartner Co's Days Payable Distribution in the Education Industry

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

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



MiraeN Edupartner 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.

MiraeN Edupartner 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
=( (538.998 + 1476.761) / 2 ) / 14716.853*365
=1007.8795 / 14716.853*365
=25.00

MiraeN Edupartner Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (538.998 + 1476.761) / 2 ) / 14716.853*365 / 2
=1007.8795 / 14716.853*365 / 2
=12.50

* 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.


MiraeN Edupartner Co Days Payable Related Terms

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MiraeN Edupartner Co (XKRX:208890) Business Description

Traded in Other Exchanges
N/A
Address
125, Yanghwa Road, 8th Floor, Seogyo-dong, Gyeongnam Tourist Building, Mapo-gu, Ansan-si, KOR
MiraeN Edupartner Co Ltd, formerly Edupartner Co Ltd is engaged in the provision of elementary and secondary education services. The company also offers after school services like computer classes and english classes.

MiraeN Edupartner Co (XKRX:208890) Headlines

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