C-Site Co (XKRX:109670) Days Payable : 24.22 (As of Dec. 2023)

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What is C-Site Co Days Payable?

C-Site Co's average Accounts Payable for the six months ended in Dec. 2023 was ₩8,166 Mil. C-Site Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ₩61,542 Mil. Hence, C-Site Co's Days Payable for the six months ended in Dec. 2023 was 24.22.

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

XKRX:109670' s Days Payable Range Over the Past 10 Years
Min: 13.34 Med: 18.78 Max: 22.37
Current: 22.37

During the past 4 years, C-Site Co's highest Days Payable was 22.37. The lowest was 13.34. And the median was 18.78.

XKRX:109670's Days Payable is ranked worse than
83.64% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.86 vs XKRX:109670: 22.37

C-Site Co's Days Payable increased from Dec. 2022 (18.86) to Dec. 2023 (24.22). It may suggest that C-Site Co delayed paying its suppliers.

C-Site Co Days Payable Historical Data

The historical data trend for C-Site 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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C-Site Co Days Payable Chart

C-Site Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

13.34

17.85

19.70

20.21

C-Site Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Days Payable	-	18.86	22.66	24.22

Competitive Comparison of C-Site Co's Days Payable

For the Apparel Manufacturing subindustry, C-Site 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.

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

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

* The bar in red indicates where C-Site Co's Days Payable falls into.

C-Site 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.

C-Site 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
=	( (6087.251	+	7414.768)	/	2 )	/	121953.87	*	365
=	6751.0095					/	121953.87	*	365
=	20.21

C-Site Co'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (8917.114	+	7414.768)	/	2 )	/	61541.642	*	365 / 2
=	8165.941					/	61541.642	*	365 / 2
=	24.22

C-Site Co Days Payable Related Terms

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C-Site Co (XKRX:109670) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » C-Site Co Ltd (XKRX:109670) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

625 Teheran-ro, Gangnam-gu, Samseong-dong, Seoul, KOR

Website

https://www.c-site.co.kr

C-Site Co Ltd is a clothing manufacturing company that produces knit clothing using Original Equipment Manufacturing and some Original Development Manufacturing methods. Their main product is KNIT, and most of the sales are made through the OEM method. Major customers include GAP, American Eagle Outfitters, H & M Hennes & Mauritz AB, and all products are manufactured and exported from overseas subsidiaries.

C-Site Co (XKRX:109670) Headlines

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