Kum Yang Co (XKRX:001570) Days Payable : 52.62 (As of Mar. 2024)

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What is Kum Yang Co Days Payable?

Kum Yang Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩16,509 Mil. Kum Yang Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩28,627 Mil. Hence, Kum Yang Co's Days Payable for the three months ended in Mar. 2024 was 52.62.

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

XKRX:001570' s Days Payable Range Over the Past 10 Years
Min: 16.67 Med: 25.25 Max: 57.82
Current: 57.54

During the past 13 years, Kum Yang Co's highest Days Payable was 57.82. The lowest was 16.67. And the median was 25.25.

XKRX:001570's Days Payable is ranked worse than
53.62% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs XKRX:001570: 57.54

Kum Yang Co's Days Payable declined from Mar. 2023 (56.78) to Mar. 2024 (52.62). It may suggest that Kum Yang Co accelerated paying its suppliers.

Kum Yang Co Days Payable Historical Data

The historical data trend for Kum Yang 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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Kum Yang Co Days Payable Chart

Kum Yang Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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25.03

16.67

31.05

53.13

57.82

Kum Yang 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															56.78	50.72	69.11	52.65	52.62

Competitive Comparison of Kum Yang Co's Days Payable

For the Chemicals subindustry, Kum Yang 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.

Kum Yang Co's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Kum Yang Co's Days Payable falls into.

Kum Yang 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.

Kum Yang 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
=	( (20661.586	+	16508.977)	/	2 )	/	117319.827	*	365
=	18585.2815					/	117319.827	*	365
=	57.82

Kum Yang 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
=	( (16508.977	+	0)	/	1 )	/	28627.455	*	365 / 4
=	16508.977					/	28627.455	*	365 / 4
=	52.62

Kum Yang Co Days Payable Related Terms

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Kum Yang Co (XKRX:001570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kum Yang Co Ltd (XKRX:001570) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

951-1 Gamjeon-Dong, Sasang-gu, Busan, KOR, 617-805

Website

http://www.kyc.co.kr

Kum Yang Co Ltd is a South Korean company operating in the chemical industry. The company is engaged in manufacturing of basic chemicals and related products.

Kum Yang Co (XKRX:001570) Headlines

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