Daegu Department Store (XKRX:006370) Days Payable : 15.79 (As of Dec. 2023)

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What is Daegu Department Store Days Payable?

Daegu Department Store's average Accounts Payable for the three months ended in Dec. 2023 was ₩1,184 Mil. Daegu Department Store's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩6,845 Mil. Hence, Daegu Department Store's Days Payable for the three months ended in Dec. 2023 was 15.79.

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

XKRX:006370' s Days Payable Range Over the Past 10 Years
Min: 10.89 Med: 13.72 Max: 18.04
Current: 12.37

During the past 13 years, Daegu Department Store's highest Days Payable was 18.04. The lowest was 10.89. And the median was 13.72.

XKRX:006370's Days Payable is ranked worse than
91.37% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs XKRX:006370: 12.37

Daegu Department Store's Days Payable increased from Dec. 2022 (14.67) to Dec. 2023 (15.79). It may suggest that Daegu Department Store delayed paying its suppliers.

Daegu Department Store Days Payable Historical Data

The historical data trend for Daegu Department Store'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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Daegu Department Store Days Payable Chart

Daegu Department Store Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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13.37

11.15

11.11

10.89

Daegu Department Store 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															14.67	11.40	11.09	12.78	15.79

Competitive Comparison of Daegu Department Store's Days Payable

For the Department Stores subindustry, Daegu Department Store'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.

Daegu Department Store's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Daegu Department Store's Days Payable distribution charts can be found below:

* The bar in red indicates where Daegu Department Store's Days Payable falls into.

Daegu Department Store 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.

Daegu Department Store'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
=	( (975.235	+	780.816)	/	2 )	/	29424.997	*	365
=	878.0255					/	29424.997	*	365
=	10.89

Daegu Department Store'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
=	( (1588.038	+	780.816)	/	2 )	/	6845.439	*	365 / 4
=	1184.427					/	6845.439	*	365 / 4
=	15.79

Daegu Department Store Days Payable Related Terms

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Daegu Department Store (XKRX:006370) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Daegu Department Store (XKRX:006370) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

88 Gongpyeong-ro, Jung-gu, Daegu, KOR, 700-714

Website

http://english.daegu.go.kr

Daegu Department Store is a Korea-based company engaged in the business of operating departmental stores.

Daegu Department Store (XKRX:006370) Headlines

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