LX International (XKRX:001120) Days Payable : 36.54 (As of Dec. 2023)

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What is LX International Days Payable?

LX International's average Accounts Payable for the three months ended in Dec. 2023 was ₩1,362,746 Mil. LX International's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩3,402,999 Mil. Hence, LX International's Days Payable for the three months ended in Dec. 2023 was 36.54.

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

XKRX:001120' s Days Payable Range Over the Past 10 Years
Min: 29.86 Med: 42.99 Max: 51.15
Current: 35.33

During the past 13 years, LX International's highest Days Payable was 51.15. The lowest was 29.86. And the median was 42.99.

XKRX:001120's Days Payable is ranked worse than
74.63% of 469 companies
in the Conglomerates industry
Industry Median: 58.24 vs XKRX:001120: 35.33

LX International's Days Payable increased from Dec. 2022 (31.80) to Dec. 2023 (36.54). It may suggest that LX International delayed paying its suppliers.

LX International Days Payable Historical Data

The historical data trend for LX International'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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LX International Days Payable Chart

LX International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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42.53

45.87

37.70

29.86

33.68

LX International 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															31.80	32.81	36.93	36.73	36.54

Competitive Comparison of LX International's Days Payable

For the Conglomerates subindustry, LX International'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.

LX International's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, LX International's Days Payable distribution charts can be found below:

* The bar in red indicates where LX International's Days Payable falls into.

LX International 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.

LX International'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
=	( (1148950.813	+	1275508.211)	/	2 )	/	13138717.078	*	365
=	1212229.512					/	13138717.078	*	365
=	33.68

LX International'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
=	( (1449983.697	+	1275508.211)	/	2 )	/	3402998.643	*	365 / 4
=	1362745.954					/	3402998.643	*	365 / 4
=	36.54

LX International Days Payable Related Terms

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LX International (XKRX:001120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » LX International Corp (XKRX:001120) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

20 Yoido-dong, LG Twin Towers, Youngdungpo-gu, Seoul, KOR, 150-721

Website

http://www.lgicorp.com

LX International Corp is a Korean-based company predominantly engaged in the import and export of goods, and other business activities. The Company operates its business through three segments: Industrials/Solutions, Logistics, and Energy/Palm segment. The industrial material/Solutions segment engages in IT, chemicals, metal material, project, IT, platform, and others. The logistics segment engages in shipping, air transport, land transport, international courier, customs, warehousing, distribution consulting, and others. The Energy/Palm segment engages in the development and sales of coal, the development of metals, Agro & Food, Indonesia palm activities. It operates in Korea, the Americas, Europe, Asia, and Others. The majority of its revenues are derived from Korea and the Asian region.

LX International (XKRX:001120) Headlines

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