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MPC plus (XKRX:050540) Days Payable : 0.16 (As of Dec. 2022)


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What is MPC plus Days Payable?

MPC plus's average Accounts Payable for the three months ended in Dec. 2022 was ₩22 Mil. MPC plus's Cost of Goods Sold for the three months ended in Dec. 2022 was ₩12,543 Mil. Hence, MPC plus's Days Payable for the three months ended in Dec. 2022 was 0.16.

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

XKRX:050540's Days Payable is not ranked *
in the Software industry.
Industry Median: 50.01
* Ranked among companies with meaningful Days Payable only.

MPC plus's Days Payable declined from Dec. 2021 (0.49) to Dec. 2022 (0.16). It may suggest that MPC plus accelerated paying its suppliers.


MPC plus Days Payable Historical Data

The historical data trend for MPC plus'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.

MPC plus Days Payable Chart

MPC plus Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 2.02 0.76 0.39 0.49

MPC plus Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.29 0.24 0.19 0.16

Competitive Comparison of MPC plus's Days Payable

For the Information Technology Services subindustry, MPC plus'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.


MPC plus's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, MPC plus's Days Payable distribution charts can be found below:

* The bar in red indicates where MPC plus's Days Payable falls into.



MPC plus 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.

MPC plus's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (133.131 + 48.789) / 2 ) / 68039.045*365
=90.96 / 68039.045*365
=0.49

MPC plus's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

Days Payable (Q: Dec. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2022 ) + Accounts Payable (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (22.087 + 0) / 1 ) / 12542.93*365 / 4
=22.087 / 12542.93*365 / 4
=0.16

* 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.


MPC plus Days Payable Related Terms

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MPC plus (XKRX:050540) Business Description

Traded in Other Exchanges
N/A
Address
9th Floor Roseddale Building, Gwangpyeonno 280, Gangnam-gu, Seoul, KOR, 138-744
HANKOOK Corp Inc is a South Korean company operates as a information technology service provider. The company offers CRM solutions like analysis solution , IP solution, evaluation solution, and integrated counselling solution.

MPC plus (XKRX:050540) Headlines

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