Daesung Microbiological Labs Co (XKRX:036480) Days Payable : 28.16 (As of Mar. 2024)

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What is Daesung Microbiological Labs Co Days Payable?

Daesung Microbiological Labs Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩1,400 Mil. Daesung Microbiological Labs Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩4,537 Mil. Hence, Daesung Microbiological Labs Co's Days Payable for the three months ended in Mar. 2024 was 28.16.

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

XKRX:036480' s Days Payable Range Over the Past 10 Years
Min: 15.4 Med: 33.63 Max: 44.45
Current: 20.6

During the past 13 years, Daesung Microbiological Labs Co's highest Days Payable was 44.45. The lowest was 15.40. And the median was 33.63.

XKRX:036480's Days Payable is ranked worse than
89.99% of 719 companies
in the Biotechnology industry
Industry Median: 148.01 vs XKRX:036480: 20.60

Daesung Microbiological Labs Co's Days Payable increased from Mar. 2023 (20.91) to Mar. 2024 (28.16). It may suggest that Daesung Microbiological Labs Co delayed paying its suppliers.

Daesung Microbiological Labs Co Days Payable Historical Data

The historical data trend for Daesung Microbiological Labs 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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Daesung Microbiological Labs Co Days Payable Chart

Daesung Microbiological Labs Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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40.03

33.21

20.05

15.40

22.21

Daesung Microbiological Labs 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															20.91	21.21	17.69	18.23	28.16

Competitive Comparison of Daesung Microbiological Labs Co's Days Payable

For the Biotechnology subindustry, Daesung Microbiological Labs 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.

Daesung Microbiological Labs Co's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Daesung Microbiological Labs Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Daesung Microbiological Labs Co's Days Payable falls into.

Daesung Microbiological Labs 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.

Daesung Microbiological Labs 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
=	( (977.936	+	1543.2)	/	2 )	/	20712.864	*	365
=	1260.568					/	20712.864	*	365
=	22.21

Daesung Microbiological Labs 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
=	( (1543.2	+	1257.117)	/	2 )	/	4537.292	*	365 / 4
=	1400.1585					/	4537.292	*	365 / 4
=	28.16

Daesung Microbiological Labs Co Days Payable Related Terms

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Daesung Microbiological Labs Co (XKRX:036480) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Daesung Microbiological Labs Co Ltd (XKRX:036480) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

293 Sam-dong, Uiwang, Kyunggi-Do, KOR, 437-040

Website

http://www.dsmbio.com

Daesung Microbiological Labs Co Ltd is engaged in manufacturing and selling vaccines for swine, poultry, canine, cattle, and fish in South Korea. The company offers antibiotics and antibacterials, parasiticides and disinfectants, probiotics and enzyme products, and nutrients and pharmaceuticals.

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