Samjin Pharmaceutical Co (XKRX:005500) Days Payable : 27.96 (As of Mar. 2024)

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What is Samjin Pharmaceutical Co Days Payable?

Samjin Pharmaceutical Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩13,533 Mil. Samjin Pharmaceutical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩44,160 Mil. Hence, Samjin Pharmaceutical Co's Days Payable for the three months ended in Mar. 2024 was 27.96.

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

XKRX:005500' s Days Payable Range Over the Past 10 Years
Min: 25.29 Med: 54.1 Max: 70.02
Current: 32.21

During the past 13 years, Samjin Pharmaceutical Co's highest Days Payable was 70.02. The lowest was 25.29. And the median was 54.10.

XKRX:005500's Days Payable is ranked worse than
89.12% of 974 companies
in the Drug Manufacturers industry
Industry Median: 88.68 vs XKRX:005500: 32.21

Samjin Pharmaceutical Co's Days Payable declined from Mar. 2023 (32.36) to Mar. 2024 (27.96). It may suggest that Samjin Pharmaceutical Co accelerated paying its suppliers.

Samjin Pharmaceutical Co Days Payable Historical Data

The historical data trend for Samjin Pharmaceutical 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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Samjin Pharmaceutical Co Days Payable Chart

Samjin Pharmaceutical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

50.61

41.55

34.43

29.68

25.29

Samjin Pharmaceutical Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															32.36	32.74	37.32	29.84	27.96

Competitive Comparison of Samjin Pharmaceutical Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Samjin Pharmaceutical 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.

Samjin Pharmaceutical Co's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Samjin Pharmaceutical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Samjin Pharmaceutical Co's Days Payable falls into.

Samjin Pharmaceutical 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.

Samjin Pharmaceutical 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
=	( (13180.483	+	11136.855)	/	2 )	/	175447.298	*	365
=	12158.669					/	175447.298	*	365
=	25.29

Samjin Pharmaceutical Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (11136.855	+	15928.268)	/	2 )	/	44160.32	*	365 / 4
=	13532.5615					/	44160.32	*	365 / 4
=	27.96

Samjin Pharmaceutical Co Days Payable Related Terms

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Samjin Pharmaceutical Co (XKRX:005500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Samjin Pharmaceutical Co Ltd (XKRX:005500) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

121, Wausan-ro, Mapo-Ku, Seoul, KOR, 121-837

Website

https://www.samjinpharm.co.kr

Samjin Pharmaceutical Co Ltd is a part of the healthcare sector in Korea. The company functions as a pharmaceutical product manufacturer addressing severe diseases such as osteoporosis, hepatitis, respiratory and gastrointestinal diseases. Its suite of products includes capsules, syringes, injection medicines, and solvents.

Samjin Pharmaceutical Co (XKRX:005500) Headlines

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