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B2En Co (XKRX:307870) Days Payable : 14.82 (As of Mar. 2024)


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What is B2En Co Days Payable?

B2En Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩976 Mil. B2En Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩6,009 Mil. Hence, B2En Co's Days Payable for the three months ended in Mar. 2024 was 14.82.

The historical rank and industry rank for B2En Co's Days Payable or its related term are showing as below:

XKRX:307870' s Days Payable Range Over the Past 10 Years
Min: 12.18   Med: 21.43   Max: 34.09
Current: 12.18

During the past 6 years, B2En Co's highest Days Payable was 34.09. The lowest was 12.18. And the median was 21.43.

XKRX:307870's Days Payable is ranked worse than
90.91% of 77 companies
in the Diversified Financial Services industry
Industry Median: 89.15 vs XKRX:307870: 12.18

B2En Co's Days Payable increased from Mar. 2023 (8.84) to Mar. 2024 (14.82). It may suggest that B2En Co delayed paying its suppliers.


B2En Co Days Payable Historical Data

The historical data trend for B2En 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.

B2En Co Days Payable Chart

B2En Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial - 34.09 25.94 16.91 15.10

B2En 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 8.84 10.34 12.05 12.51 14.82

Competitive Comparison of B2En Co's Days Payable

For the Shell Companies subindustry, B2En 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.


B2En Co's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, B2En Co's Days Payable distribution charts can be found below:

* The bar in red indicates where B2En Co's Days Payable falls into.



B2En 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.

B2En 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
=( (962.434 + 1054.664) / 2 ) / 24382.943*365
=1008.549 / 24382.943*365
=15.10

B2En 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
=( (1054.664 + 897.418) / 2 ) / 6009.064*365 / 4
=976.041 / 6009.064*365 / 4
=14.82

* 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.


B2En Co Days Payable Related Terms

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B2En Co (XKRX:307870) Business Description

Traded in Other Exchanges
N/A
Address
424 Teheran-ro, Gangnam-gu, Daechi-dong, Daechi Tower, Gangnam-gu, Seoul, KOR
Website
B2En Co Ltd, formerly Sangsangin Ian No.1 Special Purpose Acquisition Co Ltd is engaged in providing activities auxiliary to financial service activities.

B2En Co (XKRX:307870) Headlines

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