Cape Industries (XKRX:064820) Days Payable : 0.48 (As of Dec. 2023)

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What is Cape Industries Days Payable?

Cape Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₩622 Mil. Cape Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩118,238 Mil. Hence, Cape Industries's Days Payable for the three months ended in Dec. 2023 was 0.48.

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

XKRX:064820' s Days Payable Range Over the Past 10 Years
Min: 0.45 Med: 2.87 Max: 10.56
Current: 0.56

During the past 13 years, Cape Industries's highest Days Payable was 10.56. The lowest was 0.45. And the median was 2.87.

XKRX:064820's Days Payable is ranked worse than
99.83% of 2933 companies
in the Industrial Products industry
Industry Median: 76.43 vs XKRX:064820: 0.56

Cape Industries's Days Payable declined from Dec. 2022 (0.60) to Dec. 2023 (0.48). It may suggest that Cape Industries accelerated paying its suppliers.

Cape Industries Days Payable Historical Data

The historical data trend for Cape Industries'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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Cape Industries Days Payable Chart

Cape Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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0.70

0.53

0.77

0.60

0.45

Cape Industries 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															0.60	0.42	0.81	0.84	0.48

Competitive Comparison of Cape Industries's Days Payable

For the Specialty Industrial Machinery subindustry, Cape Industries'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.

Cape Industries's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cape Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Cape Industries's Days Payable falls into.

Cape Industries 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.

Cape Industries'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
=	( (794.706	+	375.936)	/	2 )	/	479336.004	*	365
=	585.321					/	479336.004	*	365
=	0.45

Cape Industries'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
=	( (868.288	+	375.936)	/	2 )	/	118238.233	*	365 / 4
=	622.112					/	118238.233	*	365 / 4
=	0.48

Cape Industries Days Payable Related Terms

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

Cape Industries (XKRX:064820) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cape Industries Ltd (XKRX:064820) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

910-29 Soto-Ri, Sangbook-Myun, Yangsan City, KOR, 626-856

Website

http://www.cape.co.kr

Cape Industries Ltd is engaged in manufacturing and supplying cylinder liners for ship owners and engine builders in South Korea and internationally. The company offers cylinder liner for use in main engines.

Cape Industries (XKRX:064820) Headlines

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