Korshynov Mining Plant PJSC (MIC:KOGK) Days Payable : 137.38 (As of Sep. 2023)

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What is Korshynov Mining Plant PJSC Days Payable?

Korshynov Mining Plant PJSC's average Accounts Payable for the three months ended in Sep. 2023 was ₽1,657.0 Mil. Korshynov Mining Plant PJSC's Cost of Goods Sold for the three months ended in Sep. 2023 was ₽1,100.6 Mil. Hence, Korshynov Mining Plant PJSC's Days Payable for the three months ended in Sep. 2023 was 137.38.

The historical rank and industry rank for Korshynov Mining Plant PJSC's Days Payable or its related term are showing as below:

MIC:KOGK' s Days Payable Range Over the Past 10 Years
Min: 38.65 Med: 66.55 Max: 461.91
Current: 461.91

During the past 13 years, Korshynov Mining Plant PJSC's highest Days Payable was 461.91. The lowest was 38.65. And the median was 66.55.

MIC:KOGK's Days Payable is ranked better than
98.47% of 588 companies
in the Steel industry
Industry Median: 39.865 vs MIC:KOGK: 461.91

Korshynov Mining Plant PJSC's Days Payable increased from Mar. 2022 (44.64) to Sep. 2023 (137.38). It may suggest that Korshynov Mining Plant PJSC delayed paying its suppliers.

Korshynov Mining Plant PJSC Days Payable Historical Data

The historical data trend for Korshynov Mining Plant PJSC'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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Korshynov Mining Plant PJSC Days Payable Chart

Korshynov Mining Plant PJSC Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

Get a 7-Day Free Trial

51.77

57.54

66.73

69.03

57.26

Korshynov Mining Plant PJSC Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															44.64	39.64	33.56	-	137.38

Competitive Comparison of Korshynov Mining Plant PJSC's Days Payable

For the Steel subindustry, Korshynov Mining Plant PJSC'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.

Korshynov Mining Plant PJSC's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Korshynov Mining Plant PJSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Korshynov Mining Plant PJSC's Days Payable falls into.

Korshynov Mining Plant PJSC 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.

Korshynov Mining Plant PJSC's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (1228.076	+	988.413)	/	2 )	/	7064.892	*	365
=	1108.2445					/	7064.892	*	365
=	57.26

Korshynov Mining Plant PJSC's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (2387.46	+	926.536)	/	2 )	/	1100.581	*	365 / 4
=	1656.998					/	1100.581	*	365 / 4
=	137.38

Korshynov Mining Plant PJSC Days Payable Related Terms

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Korshynov Mining Plant PJSC (MIC:KOGK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Korshynov Mining Plant PJSC (MIC:KOGK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ivashchenko 9A/1, Zheleznovorsk, Nizhneilimsky Region, Irkutsk, RUS, 665651

Website

http://www.korgok.com

Korshynov Mining Plant PJSC is engaged in iron ore mining and processing in Russia.

Korshynov Mining Plant PJSC (MIC:KOGK) Headlines

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