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Aligned Genetics (XKRX:238120) Days Payable : 19.66 (As of Mar. 2024)


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What is Aligned Genetics Days Payable?

Aligned Genetics's average Accounts Payable for the three months ended in Mar. 2024 was ₩198 Mil. Aligned Genetics's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩921 Mil. Hence, Aligned Genetics's Days Payable for the three months ended in Mar. 2024 was 19.66.

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

XKRX:238120' s Days Payable Range Over the Past 10 Years
Min: 7.12   Med: 11.6   Max: 23.29
Current: 17.83

During the past 10 years, Aligned Genetics's highest Days Payable was 23.29. The lowest was 7.12. And the median was 11.60.

XKRX:238120's Days Payable is ranked worse than
94.4% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.905 vs XKRX:238120: 17.83

Aligned Genetics's Days Payable increased from Mar. 2023 (15.06) to Mar. 2024 (19.66). It may suggest that Aligned Genetics delayed paying its suppliers.


Aligned Genetics Days Payable Historical Data

The historical data trend for Aligned Genetics'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.

Aligned Genetics Days Payable Chart

Aligned Genetics 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 13.19 23.29 17.48 10.20 12.01

Aligned Genetics 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 15.06 25.62 15.40 10.88 19.66

Competitive Comparison of Aligned Genetics's Days Payable

For the Medical Devices subindustry, Aligned Genetics'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.


Aligned Genetics's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Aligned Genetics's Days Payable distribution charts can be found below:

* The bar in red indicates where Aligned Genetics's Days Payable falls into.



Aligned Genetics 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.

Aligned Genetics'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
=( (134.258 + 164.901) / 2 ) / 4544.865*365
=149.5795 / 4544.865*365
=12.01

Aligned Genetics'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
=( (164.901 + 231.882) / 2 ) / 920.605*365 / 4
=198.3915 / 920.605*365 / 4
=19.66

* 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.


Aligned Genetics Days Payable Related Terms

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Aligned Genetics (XKRX:238120) Business Description

Traded in Other Exchanges
N/A
Address
28 Simindaero 327 beon-gil, Floor 2nd and 3rd, Dongan-gu Anyang-si, Gyeonggi-do, KOR, 14055
Aligned Genetics Inc is engaged in developing automated systems and imaging instruments for laboratories engaging in research with a cellular and molecular emphasis.

Aligned Genetics (XKRX:238120) Headlines

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