Binggrae Co (XKRX:005180) Days Payable : 37.19 (As of Dec. 2023)

View and export this data going back to 1978. Start your Free Trial

What is Binggrae Co Days Payable?

Binggrae Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩81,063 Mil. Binggrae Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩198,898 Mil. Hence, Binggrae Co's Days Payable for the three months ended in Dec. 2023 was 37.19.

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

XKRX:005180' s Days Payable Range Over the Past 10 Years
Min: 22.74 Med: 25.25 Max: 30.26
Current: 30.26

During the past 13 years, Binggrae Co's highest Days Payable was 30.26. The lowest was 22.74. And the median was 25.25.

XKRX:005180's Days Payable is ranked worse than
71.18% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.6 vs XKRX:005180: 30.26

Binggrae Co's Days Payable increased from Dec. 2022 (34.23) to Dec. 2023 (37.19). It may suggest that Binggrae Co delayed paying its suppliers.

Binggrae Co Days Payable Historical Data

The historical data trend for Binggrae 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.

* Premium members only.

Binggrae Co Days Payable Chart

Binggrae Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

22.74

25.58

24.41

25.80

28.63

Binggrae Co 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															34.23	32.15	27.58	27.81	37.19

Competitive Comparison of Binggrae Co's Days Payable

For the Packaged Foods subindustry, Binggrae 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.

Binggrae Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Binggrae Co's Days Payable distribution charts can be found below:

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

Binggrae 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.

Binggrae 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
=	( (75898.08	+	73625.553)	/	2 )	/	953133.61	*	365
=	74761.8165					/	953133.61	*	365
=	28.63

Binggrae 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (88501.094	+	73625.553)	/	2 )	/	198897.506	*	365 / 4
=	81063.3235					/	198897.506	*	365 / 4
=	37.19

Binggrae Co Days Payable Related Terms

Thank you for viewing the detailed overview of Binggrae Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Binggrae Co (XKRX:005180) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Binggrae Co Ltd (XKRX:005180) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

45, Dasansunhwan-ro, Gyeonggi-do, Namyangju-si, KOR

Website

http://www.bing.co.kr

Binggrae Co Ltd is a Korea-based company engaged in the manufacturing and processing of dairy products and snacks. The business activity of the group is primarily operated through two divisions namely Refrigeration and Cold storage division. The Refrigeration division is engaged in the production of Ice cream and other frozen snacks, and Cold storage division engaged in the production of Dairy drinks such as milk and yogurt as well as other snacks. The products are offered under the brand name of Melona, Samanco, Pop Top, Pangtoa and others.

Binggrae Co (XKRX:005180) Headlines

No Headlines