Kook Soon Dang Co (XKRX:043650) Days Payable : 23.58 (As of Mar. 2024)

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What is Kook Soon Dang Co Days Payable?

Kook Soon Dang Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩2,596 Mil. Kook Soon Dang Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩10,046 Mil. Hence, Kook Soon Dang Co's Days Payable for the three months ended in Mar. 2024 was 23.58.

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

XKRX:043650' s Days Payable Range Over the Past 10 Years
Min: 14.9 Med: 18.75 Max: 24.94
Current: 21.34

During the past 13 years, Kook Soon Dang Co's highest Days Payable was 24.94. The lowest was 14.90. And the median was 18.75.

XKRX:043650's Days Payable is ranked worse than
92.68% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 80.27 vs XKRX:043650: 21.34

Kook Soon Dang Co's Days Payable increased from Mar. 2023 (19.81) to Mar. 2024 (23.58). It may suggest that Kook Soon Dang Co delayed paying its suppliers.

Kook Soon Dang Co Days Payable Historical Data

The historical data trend for Kook Soon Dang 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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Kook Soon Dang Co Days Payable Chart

Kook Soon Dang Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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17.33

19.25

22.24

24.94

23.46

Kook Soon Dang 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															19.81	17.34	-	24.97	23.58

Competitive Comparison of Kook Soon Dang Co's Days Payable

For the Beverages - Wineries & Distilleries subindustry, Kook Soon Dang 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.

Kook Soon Dang Co's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Kook Soon Dang Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kook Soon Dang Co's Days Payable falls into.

Kook Soon Dang 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.

Kook Soon Dang 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
=	( (2454.68	+	2595.89)	/	2 )	/	39281.478	*	365
=	2525.285					/	39281.478	*	365
=	23.46

Kook Soon Dang 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
=	( (2595.89	+	0)	/	1 )	/	10045.635	*	365 / 4
=	2595.89					/	10045.635	*	365 / 4
=	23.58

Kook Soon Dang Co Days Payable Related Terms

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Kook Soon Dang Co (XKRX:043650) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Kook Soon Dang Co Ltd (XKRX:043650) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

81-3, Hyeoncheon-Ri, Dunnae-Myeon, Hoengseong-Gun, Gangwon-Do, KOR, 225-831

Website

http://www.ksdb.co.kr

Kook Soon Dang Co Ltd produces and sells Korean wine and health-related products worldwide. The company offers various wine products under the Bekseju, 50seju, Yedam Charyeju, Myungjak, Rice Makkoli, and other brand names.

Kook Soon Dang Co (XKRX:043650) Headlines

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