AJ Networks Co (XKRX:095570) Days Payable : 43.88 (As of Mar. 2024)

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What is AJ Networks Co Days Payable?

AJ Networks Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩56,964 Mil. AJ Networks Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩118,463 Mil. Hence, AJ Networks Co's Days Payable for the three months ended in Mar. 2024 was 43.88.

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

XKRX:095570' s Days Payable Range Over the Past 10 Years
Min: 26.62 Med: 29.35 Max: 43.67
Current: 43.67

During the past 10 years, AJ Networks Co's highest Days Payable was 43.67. The lowest was 26.62. And the median was 29.35.

XKRX:095570's Days Payable is ranked worse than
54.12% of 922 companies
in the Business Services industry
Industry Median: 47.74 vs XKRX:095570: 43.67

AJ Networks Co's Days Payable increased from Mar. 2023 (36.94) to Mar. 2024 (43.88). It may suggest that AJ Networks Co delayed paying its suppliers.

AJ Networks Co Days Payable Historical Data

The historical data trend for AJ Networks 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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AJ Networks Co Days Payable Chart

AJ Networks Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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29.35

26.62

41.00

AJ Networks 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															36.94	50.61	40.88	39.23	43.88

Competitive Comparison of AJ Networks Co's Days Payable

For the Rental & Leasing Services subindustry, AJ Networks 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.

AJ Networks Co's Days Payable Distribution in the Business Services Industry

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

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

AJ Networks 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.

AJ Networks 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
=	( (55310.291	+	50943.141)	/	2 )	/	472938.629	*	365
=	53126.716					/	472938.629	*	365
=	41.00

AJ Networks 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
=	( (50943.141	+	62984.797)	/	2 )	/	118462.949	*	365 / 4
=	56963.969					/	118462.949	*	365 / 4
=	43.88

AJ Networks Co Days Payable Related Terms

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AJ Networks Co (XKRX:095570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » AJ Networks Co Ltd (XKRX:095570) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

ACE HighEnd Tower 9th Floor, 26gil Digital-ro, Guro-gu, KOR

Website

http://www.ajurental.com

AJ Networks Co Ltd is a South Korea based company principally engaged in the business activity of providing rental services. It provides rental services for logistics pallets, IT equipment and construction equipment. The company offers products in many logistics and construction sites, corporate communications, and information technology facilities.

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