Seoul City Gas Co (XKRX:017390) Days Payable : 56.00 (As of Mar. 2024)

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What is Seoul City Gas Co Days Payable?

Seoul City Gas Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩398,692 Mil. Seoul City Gas Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩649,687 Mil. Hence, Seoul City Gas Co's Days Payable for the three months ended in Mar. 2024 was 56.00.

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

XKRX:017390' s Days Payable Range Over the Past 10 Years
Min: 64.23 Med: 93.99 Max: 106.28
Current: 71.48

During the past 13 years, Seoul City Gas Co's highest Days Payable was 106.28. The lowest was 64.23. And the median was 93.99.

XKRX:017390's Days Payable is ranked better than
56.5% of 492 companies
in the Utilities - Regulated industry
Industry Median: 65.95 vs XKRX:017390: 71.48

Seoul City Gas Co's Days Payable declined from Mar. 2023 (59.99) to Mar. 2024 (56.00). It may suggest that Seoul City Gas Co accelerated paying its suppliers.

Seoul City Gas Co Days Payable Historical Data

The historical data trend for Seoul City Gas 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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Seoul City Gas Co Days Payable Chart

Seoul City Gas Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

64.23

86.01

91.98

95.18

104.75

Seoul City Gas 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															59.99	140.83	73.93	44.62	56.00

Competitive Comparison of Seoul City Gas Co's Days Payable

For the Utilities - Regulated Gas subindustry, Seoul City Gas 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.

Seoul City Gas Co's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Seoul City Gas Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Seoul City Gas Co's Days Payable falls into.

Seoul City Gas 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.

Seoul City Gas 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
=	( (493233.259	+	378138.038)	/	2 )	/	1518151.216	*	365
=	435685.6485					/	1518151.216	*	365
=	104.75

Seoul City Gas 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
=	( (378138.038	+	419246.418)	/	2 )	/	649687.204	*	365 / 4
=	398692.228					/	649687.204	*	365 / 4
=	56.00

Seoul City Gas Co Days Payable Related Terms

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Seoul City Gas Co (XKRX:017390) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Seoul City Gas Co Ltd (XKRX:017390) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

281 YeomChang-dong, Gangseo-gu, Seoul, KOR, 157-864

Website

http://www.seoulgas.co.kr

Seoul City Gas Co Ltd imports, distributes and supplies natural oil and gas. The company is mainly engaged in distributing of liquefied natural gas (LNG) to residential, commercial and industrial customers. In addition, it also offers integrated safety systems that link geographical information, supervisory control and data acquisition and management information systems.

Seoul City Gas Co (XKRX:017390) Headlines

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