Dae Ryuk Can Co (XKRX:004780) Days Payable : 33.34 (As of Dec. 2023)

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What is Dae Ryuk Can Co Days Payable?

Dae Ryuk Can Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩20,995 Mil. Dae Ryuk Can Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩57,471 Mil. Hence, Dae Ryuk Can Co's Days Payable for the three months ended in Dec. 2023 was 33.34.

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

XKRX:004780' s Days Payable Range Over the Past 10 Years
Min: 31.55 Med: 36.78 Max: 42.56
Current: 34.39

During the past 13 years, Dae Ryuk Can Co's highest Days Payable was 42.56. The lowest was 31.55. And the median was 36.78.

XKRX:004780's Days Payable is ranked worse than
78.59% of 369 companies
in the Packaging & Containers industry
Industry Median: 57.64 vs XKRX:004780: 34.39

Dae Ryuk Can Co's Days Payable declined from Dec. 2022 (34.10) to Dec. 2023 (33.34). It may suggest that Dae Ryuk Can Co accelerated paying its suppliers.

Dae Ryuk Can Co Days Payable Historical Data

The historical data trend for Dae Ryuk Can 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.

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Dae Ryuk Can Co Days Payable Chart

Dae Ryuk Can Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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36.81

36.75

35.53

31.91

31.55

Dae Ryuk Can 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															34.10	34.88	34.61	37.77	33.34

Competitive Comparison of Dae Ryuk Can Co's Days Payable

For the Packaging & Containers subindustry, Dae Ryuk Can 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.

Dae Ryuk Can Co's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Dae Ryuk Can Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Dae Ryuk Can Co's Days Payable falls into.

Dae Ryuk Can 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.

Dae Ryuk Can 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
=	( (21258.299	+	19851.647)	/	2 )	/	237819.726	*	365
=	20554.973					/	237819.726	*	365
=	31.55

Dae Ryuk Can 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
=	( (22138.659	+	19851.647)	/	2 )	/	57470.871	*	365 / 4
=	20995.153					/	57470.871	*	365 / 4
=	33.34

Dae Ryuk Can Co Days Payable Related Terms

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Dae Ryuk Can Co (XKRX:004780) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Dae Ryuk Can Co Ltd (XKRX:004780) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

733-25 Yeoksam-dong, Kangnam-Ku, Seoul, KOR, 135-080

Website

http://www.drcc.co.kr

Dae Ryuk Can Co Ltd operates in the packaging and containers industry in South Korea. The company is engaged in manufacturing of metal cans and other containers.

Dae Ryuk Can Co (XKRX:004780) Headlines

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