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WSI Co (XKRX:299170) Days Payable : 11.30 (As of Mar. 2024)


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What is WSI Co Days Payable?

WSI Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩618 Mil. WSI Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩4,990 Mil. Hence, WSI Co's Days Payable for the three months ended in Mar. 2024 was 11.30.

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

XKRX:299170' s Days Payable Range Over the Past 10 Years
Min: 12.97   Med: 19.35   Max: 62.11
Current: 14.86

During the past 6 years, WSI Co's highest Days Payable was 62.11. The lowest was 12.97. And the median was 19.35.

XKRX:299170's Days Payable is ranked worse than
88.31% of 77 companies
in the Diversified Financial Services industry
Industry Median: 89.15 vs XKRX:299170: 14.86

WSI Co's Days Payable declined from Mar. 2023 (14.60) to Mar. 2024 (11.30). It may suggest that WSI Co accelerated paying its suppliers.


WSI Co Days Payable Historical Data

The historical data trend for WSI 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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WSI Co Days Payable Chart

WSI Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 62.11 37.95 19.35 15.09 12.97

WSI 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 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 14.60 16.06 18.08 17.73 11.30

Competitive Comparison of WSI Co's Days Payable

For the Shell Companies subindustry, WSI 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.


WSI Co's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, WSI Co's Days Payable distribution charts can be found below:

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



WSI 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.

WSI 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
=( (525.173 + 923.537) / 2 ) / 20383.669*365
=724.355 / 20383.669*365
=12.97

WSI 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
=( (923.537 + 311.956) / 2 ) / 4989.512*365 / 4
=617.7465 / 4989.512*365 / 4
=11.30

* 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.


WSI Co Days Payable Related Terms

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WSI Co (XKRX:299170) Business Description

Traded in Other Exchanges
N/A
Address
11, Gukjegeumyung-ro 6-gil, 9th Floor, Yeongdeungpo-gu, Seoul, KOR
WSI Co Ltd, formerly IBKS No.10 Special Purpose Acquisition Co is a special purpose acquisition company.

WSI Co (XKRX:299170) Headlines

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