Kakao (XKRX:035720) Days Payable : 299.84 (As of Dec. 2023)

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What is Kakao Days Payable?

Kakao's average Accounts Payable for the three months ended in Dec. 2023 was ₩241,859 Mil. Kakao's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩73,604 Mil. Hence, Kakao's Days Payable for the three months ended in Dec. 2023 was 299.84.

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

XKRX:035720' s Days Payable Range Over the Past 10 Years
Min: 42.04 Med: 60.85 Max: 124.41
Current: 124.41

During the past 13 years, Kakao's highest Days Payable was 124.41. The lowest was 42.04. And the median was 60.85.

XKRX:035720's Days Payable is ranked better than
68.51% of 435 companies
in the Interactive Media industry
Industry Median: 61.44 vs XKRX:035720: 124.41

Kakao's Days Payable increased from Dec. 2022 (63.62) to Dec. 2023 (299.84). It may suggest that Kakao delayed paying its suppliers.

Kakao Days Payable Historical Data

The historical data trend for Kakao'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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Kakao Days Payable Chart

Kakao Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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42.04

42.49

59.72

61.97

124.41

Kakao Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															63.62	61.22	-	-	299.84

Competitive Comparison of Kakao's Days Payable

For the Internet Content & Information subindustry, Kakao'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.

Kakao's Days Payable Distribution in the Interactive Media Industry

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

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

Kakao 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.

Kakao'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
=	( (94417.399	+	241859.266)	/	2 )	/	493280.981	*	365
=	168138.3325					/	493280.981	*	365
=	124.41

Kakao'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	241859.266)	/	1 )	/	73603.744	*	365 / 4
=	241859.266					/	73603.744	*	365 / 4
=	299.84

Kakao Days Payable Related Terms

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Kakao (XKRX:035720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kakao Corp (XKRX:035720) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

242, Cheomdan-ro, Jeju-si, Jeju, KOR

Website

http://www.kakaocorp.com

Kakao operates the largest mobile messaging app in South Korea, Kakao Talk. The company aims to help its users connect with everything and has been expanding its content and services through self-development and mergers and acquisitions. Kakao merged with the second- largest Internet search portal, Daum, in 2014, and it acquired leading music streaming service provider Loen Entertainment in 2016.

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