Baiksan Co (XKRX:035150) Days Payable : 45.73 (As of Mar. 2024)

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What is Baiksan Co Days Payable?

Baiksan Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩43,557 Mil. Baiksan Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩86,909 Mil. Hence, Baiksan Co's Days Payable for the three months ended in Mar. 2024 was 45.73.

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

XKRX:035150' s Days Payable Range Over the Past 10 Years
Min: 27.69 Med: 37.41 Max: 49.03
Current: 46.84

During the past 13 years, Baiksan Co's highest Days Payable was 49.03. The lowest was 27.69. And the median was 37.41.

XKRX:035150's Days Payable is ranked worse than
58.86% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs XKRX:035150: 46.84

Baiksan Co's Days Payable declined from Mar. 2023 (46.74) to Mar. 2024 (45.73). It may suggest that Baiksan Co accelerated paying its suppliers.

Baiksan Co Days Payable Historical Data

The historical data trend for Baiksan 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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Baiksan Co Days Payable Chart

Baiksan Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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31.51

39.37

49.03

44.34

48.27

Baiksan 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															46.74	44.92	41.76	53.10	45.73

Competitive Comparison of Baiksan Co's Days Payable

For the Footwear & Accessories subindustry, Baiksan 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.

Baiksan Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Baiksan Co's Days Payable distribution charts can be found below:

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

Baiksan 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.

Baiksan 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
=	( (42975.623	+	41990.284)	/	2 )	/	321239.183	*	365
=	42482.9535					/	321239.183	*	365
=	48.27

Baiksan 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
=	( (41990.284	+	45123.972)	/	2 )	/	86908.72	*	365 / 4
=	43557.128					/	86908.72	*	365 / 4
=	45.73

Baiksan Co Days Payable Related Terms

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Baiksan Co (XKRX:035150) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Baiksan Co Ltd (XKRX:035150) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sihwa Industrial Complex 1-Na-201, 1234 Jungwang-dong, Siheung-si, Gyeonggi, KOR, 429-450

Website

http://www.baiksan.co.kr

Baiksan Co Ltd is a South Korea based company engages in the manufacture and sale of polyurethane suede artificial leather. Its products are used for the manufacture of sports shoes, vehicle seats, sports gloves, balls, clothes, semiconductor grinding, and medical specialty films.

Baiksan Co (XKRX:035150) Headlines

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