KOYJ CO (XKRX:121850) Days Payable : 21.80 (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is KOYJ CO Days Payable?

KOYJ CO's average Accounts Payable for the three months ended in Mar. 2024 was ₩950 Mil. KOYJ CO's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩3,977 Mil. Hence, KOYJ CO's Days Payable for the three months ended in Mar. 2024 was 21.80.

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

XKRX:121850' s Days Payable Range Over the Past 10 Years
Min: 17.16 Med: 20.55 Max: 34.83
Current: 25.79

During the past 12 years, KOYJ CO's highest Days Payable was 34.83. The lowest was 17.16. And the median was 20.55.

XKRX:121850's Days Payable is ranked worse than
85.34% of 1501 companies
in the Chemicals industry
Industry Median: 60.59 vs XKRX:121850: 25.79

KOYJ CO's Days Payable declined from Mar. 2023 (27.25) to Mar. 2024 (21.80). It may suggest that KOYJ CO accelerated paying its suppliers.

KOYJ CO Days Payable Historical Data

The historical data trend for KOYJ 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.

* Premium members only.

KOYJ CO Days Payable Chart

KOYJ CO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

20.17

20.03

29.08

34.83

20.92

KOYJ 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															27.25	27.78	27.81	25.52	21.80

Competitive Comparison of KOYJ CO's Days Payable

For the Chemicals subindustry, KOYJ 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.

KOYJ CO's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, KOYJ CO's Days Payable distribution charts can be found below:

* The bar in red indicates where KOYJ CO's Days Payable falls into.

KOYJ 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.

KOYJ 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
=	( (1050.247	+	670.583)	/	2 )	/	15014.83	*	365
=	860.415					/	15014.83	*	365
=	20.92

KOYJ 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
=	( (670.583	+	1229.428)	/	2 )	/	3977.12	*	365 / 4
=	950.0055					/	3977.12	*	365 / 4
=	21.80

KOYJ CO Days Payable Related Terms

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

KOYJ CO (XKRX:121850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » KOYJ CO LTD (XKRX:121850) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

146 High-tech Industry-ro, Daesowon-myeon, Chungju-si, Chungbuk, KOR

Website

http://www.koyj.co.kr

KOYJ CO LTD provides display optical components. It offers chemical applications, optical films, thermal extrusion processing, and polymer material developments. The company has two businesses such as coating business, and optical business.

KOYJ CO (XKRX:121850) Headlines

No Headlines