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Harim Co (XKRX:136480) Days Payable : 15.03 (As of Dec. 2023)


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What is Harim Co Days Payable?

Harim Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩42,431 Mil. Harim Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩257,543 Mil. Hence, Harim Co's Days Payable for the three months ended in Dec. 2023 was 15.03.

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

XKRX:136480' s Days Payable Range Over the Past 10 Years
Min: 11.33   Med: 12.19   Max: 14.11
Current: 14.03

During the past 13 years, Harim Co's highest Days Payable was 14.11. The lowest was 11.33. And the median was 12.19.

XKRX:136480's Days Payable is ranked worse than
92.28% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs XKRX:136480: 14.03

Harim Co's Days Payable declined from Dec. 2022 (16.55) to Dec. 2023 (15.03). It may suggest that Harim Co accelerated paying its suppliers.


Harim Co Days Payable Historical Data

The historical data trend for Harim 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.

Harim Co Days Payable Chart

Harim Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.55 11.78 11.60 13.18 14.03

Harim Co 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 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 16.55 16.40 - - 15.03

Competitive Comparison of Harim Co's Days Payable

For the Packaged Foods subindustry, Harim 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.


Harim Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Harim Co's Days Payable distribution charts can be found below:

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



Harim 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.

Harim 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
=( (49597.904 + 42431.36) / 2 ) / 1196687.272*365
=46014.632 / 1196687.272*365
=14.03

Harim Co'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
=( (0 + 42431.36) / 1 ) / 257542.94*365 / 4
=42431.36 / 257542.94*365 / 4
=15.03

* 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.


Harim Co Days Payable Related Terms

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Harim Co (XKRX:136480) Business Description

Traded in Other Exchanges
N/A
Address
13-14 Eoryang-ri, Mangseong-myeon, Iksan-si, Jeollabuk-Do, KOR, 570-883
Harim Co Ltd Is a Taiwan based company. It is engaged in the processing and preserving of meat and meat products. The company's products include new tongue breast chicken, harim popcorn chicken, harim chicken nugget, well hot dog black and many more.

Harim Co (XKRX:136480) Headlines

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