Igloo (XKRX:067920) Days Payable : 45.95 (As of Dec. 2023)

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What is Igloo Days Payable?

Igloo's average Accounts Payable for the three months ended in Dec. 2023 was ₩5,573 Mil. Igloo's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩11,066 Mil. Hence, Igloo's Days Payable for the three months ended in Dec. 2023 was 45.95.

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

XKRX:067920' s Days Payable Range Over the Past 10 Years
Min: 168.09 Med: 225.68 Max: 439.9
Current: 168.09

During the past 13 years, Igloo's highest Days Payable was 439.90. The lowest was 168.09. And the median was 225.68.

XKRX:067920's Days Payable is ranked better than
85.16% of 923 companies
in the Business Services industry
Industry Median: 47.5 vs XKRX:067920: 168.09

Igloo's Days Payable increased from Dec. 2022 (40.34) to Dec. 2023 (45.95). It may suggest that Igloo delayed paying its suppliers.

Igloo Days Payable Historical Data

The historical data trend for Igloo'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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Igloo Days Payable Chart

Igloo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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191.58

205.67

193.46

245.69

252.91

Igloo Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															40.34	-	-	-	45.95

Competitive Comparison of Igloo's Days Payable

For the Security & Protection Services subindustry, Igloo'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.

Igloo's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Igloo's Days Payable distribution charts can be found below:

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

Igloo 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.

Igloo'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
=	( (9085.539	+	6249.824)	/	2 )	/	11065.882	*	365
=	7667.6815					/	11065.882	*	365
=	252.91

Igloo's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (4895.644	+	6249.824)	/	2 )	/	11065.882	*	365 / 4
=	5572.734					/	11065.882	*	365 / 4
=	45.95

Igloo Days Payable Related Terms

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Igloo (XKRX:067920) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Igloo Corp (XKRX:067920) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7, Jeongui-ro 8-gil, 6th Floor, Songpa-gu, Seoul, KOR, 135-090

Website

http://www.igloosec.co.kr

Igloo Corp is an information security company. It develops and offers various security solutions and services in diverse areas from network to endpoint. The company offered solutions including Spider TM, LIGER-1, Escort, KiMO, WEBMON and Smart(Guard). In addition, the organization also provides services such as managed security, security consulting, IGLOO school and SOC planning. The company's business areas are Solution business which comprises next-generation enterprise security management solution, physical security information management and security solution retails; Enterprise security management business which includes dispatched security management and training, remote control security management and managing security operation centers; and Security consulting business.

Igloo (XKRX:067920) Headlines

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