Soulbrain Co (XKRX:357780) Days Payable : 15.77 (As of Mar. 2024)

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What is Soulbrain Co Days Payable?

Soulbrain Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩25,391 Mil. Soulbrain Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩146,963 Mil. Hence, Soulbrain Co's Days Payable for the three months ended in Mar. 2024 was 15.77.

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

XKRX:357780' s Days Payable Range Over the Past 10 Years
Min: 18.31 Med: 27.41 Max: 49.04
Current: 18.53

During the past 4 years, Soulbrain Co's highest Days Payable was 49.04. The lowest was 18.31. And the median was 27.41.

XKRX:357780's Days Payable is ranked worse than
91.36% of 1505 companies
in the Chemicals industry
Industry Median: 60.89 vs XKRX:357780: 18.53

Soulbrain Co's Days Payable declined from Mar. 2023 (19.54) to Mar. 2024 (15.77). It may suggest that Soulbrain Co accelerated paying its suppliers.

Soulbrain Co Days Payable Historical Data

The historical data trend for Soulbrain 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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Soulbrain Co Days Payable Chart

Soulbrain Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

49.04

28.43

26.39

18.31

Soulbrain Co Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial										19.54	18.59	17.89	13.84	15.77

Competitive Comparison of Soulbrain Co's Days Payable

For the Chemicals subindustry, Soulbrain 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.

Soulbrain Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Soulbrain Co's Days Payable distribution charts can be found below:

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

Soulbrain 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.

Soulbrain 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
=	( (39921.907	+	25391.262)	/	2 )	/	650949.834	*	365
=	32656.5845					/	650949.834	*	365
=	18.31

Soulbrain 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
=	( (25391.262	+	0)	/	1 )	/	146962.685	*	365 / 4
=	25391.262					/	146962.685	*	365 / 4
=	15.77

Soulbrain Co Days Payable Related Terms

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Soulbrain Co (XKRX:357780) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Soulbrain Co Ltd (XKRX:357780) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

34, Pangyo-ro 255-beon-gil, Bundang-Gu, Gyeonggi-do, Seongnam, KOR

Website

http://www.soulbrain.co.kr

Soulbrain Co Ltd is engaged in the business of supplying chemical materials and battery materials for manufacturing semi-conductor materials, display materials, and secondary batteries. Also, the company is engaged in producing various electronic materials required for the process of LED, solar power generation, and electric vehicles. It plans to enter the bio-healthcare business in future.

Soulbrain Co (XKRX:357780) Headlines

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