Namyang Dairy Products Co (XKRX:003920) Days Payable : 26.20 (As of Dec. 2023)

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

What is Namyang Dairy Products Co Days Payable?

Namyang Dairy Products Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩58,796 Mil. Namyang Dairy Products Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩204,742 Mil. Hence, Namyang Dairy Products Co's Days Payable for the three months ended in Dec. 2023 was 26.20.

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

XKRX:003920' s Days Payable Range Over the Past 10 Years
Min: 22.28 Med: 27.98 Max: 35.67
Current: 25.52

During the past 13 years, Namyang Dairy Products Co's highest Days Payable was 35.67. The lowest was 22.28. And the median was 27.98.

XKRX:003920's Days Payable is ranked worse than
78.4% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.66 vs XKRX:003920: 25.52

Namyang Dairy Products Co's Days Payable increased from Dec. 2022 (21.68) to Dec. 2023 (26.20). It may suggest that Namyang Dairy Products Co delayed paying its suppliers.

Namyang Dairy Products Co Days Payable Historical Data

The historical data trend for Namyang Dairy Products 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.

Namyang Dairy Products Co Days Payable Chart

Namyang Dairy Products Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

27.31

25.04

22.65

22.28

24.17

Namyang Dairy Products 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															21.68	25.30	25.22	26.70	26.20

Competitive Comparison of Namyang Dairy Products Co's Days Payable

For the Packaged Foods subindustry, Namyang Dairy Products 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.

Namyang Dairy Products Co's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Namyang Dairy Products Co's Days Payable falls into.

Namyang Dairy Products 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.

Namyang Dairy Products 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
=	( (50642.744	+	56437.903)	/	2 )	/	808373.79	*	365
=	53540.3235					/	808373.79	*	365
=	24.17

Namyang Dairy Products 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
=	( (61154.86	+	56437.903)	/	2 )	/	204742.336	*	365 / 4
=	58796.3815					/	204742.336	*	365 / 4
=	26.20

Namyang Dairy Products Co Days Payable Related Terms

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

Namyang Dairy Products Co (XKRX:003920) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Namyang Dairy Products Co Ltd (XKRX:003920) » Definitions » Days Payable

Traded in Other Exchanges

003925:Korea

Address

240, Dosan-daero, 1964 Building, Gangnam-gu, Seoul, KOR

Website

http://www.namyangi.com

Namyang Dairy Products Co Ltd is a Korean company which is engaged in manufacturing dairy products. Its products include the infant formula, special infant formula, weaning diet, milk, yogurt, cheese, soybean milk, french cafe, beverage, tea, and ketonica. The company' s product brands are Imperial Dream XO, I am Mother, Star Science, Star Gold, Organic, Ai ZhiBao, Xing BeiEr, MingdaoXiu, Namyang Shanyang Rufen and others.

Namyang Dairy Products Co (XKRX:003920) Headlines

No Headlines