Kangnam Jevisco Co (XKRX:000860) Days Payable : 59.50 (As of Mar. 2024)

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What is Kangnam Jevisco Co Days Payable?

Kangnam Jevisco Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩84,144 Mil. Kangnam Jevisco Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩129,043 Mil. Hence, Kangnam Jevisco Co's Days Payable for the three months ended in Mar. 2024 was 59.50.

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

XKRX:000860' s Days Payable Range Over the Past 10 Years
Min: 45.44 Med: 55.42 Max: 64.46
Current: 54.71

During the past 13 years, Kangnam Jevisco Co's highest Days Payable was 64.46. The lowest was 45.44. And the median was 55.42.

XKRX:000860's Days Payable is ranked worse than
56.83% of 1501 companies
in the Chemicals industry
Industry Median: 60.59 vs XKRX:000860: 54.71

Kangnam Jevisco Co's Days Payable increased from Mar. 2023 (55.40) to Mar. 2024 (59.50). It may suggest that Kangnam Jevisco Co delayed paying its suppliers.

Kangnam Jevisco Co Days Payable Historical Data

The historical data trend for Kangnam Jevisco 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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Kangnam Jevisco Co Days Payable Chart

Kangnam Jevisco Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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54.87

56.47

45.44

52.07

55.97

Kangnam Jevisco 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															55.40	49.25	55.18	56.29	59.50

Competitive Comparison of Kangnam Jevisco Co's Days Payable

For the Specialty Chemicals subindustry, Kangnam Jevisco 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.

Kangnam Jevisco Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kangnam Jevisco Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kangnam Jevisco Co's Days Payable falls into.

Kangnam Jevisco 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.

Kangnam Jevisco 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
=	( (85952.115	+	83365.006)	/	2 )	/	552056.004	*	365
=	84658.5605					/	552056.004	*	365
=	55.97

Kangnam Jevisco 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
=	( (83365.006	+	84922.953)	/	2 )	/	129042.715	*	365 / 4
=	84143.9795					/	129042.715	*	365 / 4
=	59.50

Kangnam Jevisco Co Days Payable Related Terms

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Kangnam Jevisco Co (XKRX:000860) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kangnam Jevisco Co Ltd (XKRX:000860) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

289, Naengjeong-ro, Busanjin-gu, Busan, KOR, 614-010

Website

http://www.jevisco.com

Kangnam Jevisco Co Ltd is engaged in manufacturing of paints and coatings in Korea. The company's products portfolio includes Architectural paints, General Industrial coatings, Powder coatings, Packaging coatings, Coil coatings, Marine and Protective coatings, and Automotive Refinish.

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