Genesystem Co (XKRX:363250) Days Payable : 3.30 (As of Dec. 2023)

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What is Genesystem Co Days Payable?

Genesystem Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩26.1 Mil. Genesystem Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩723.9 Mil. Hence, Genesystem Co's Days Payable for the three months ended in Dec. 2023 was 3.30.

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

XKRX:363250' s Days Payable Range Over the Past 10 Years
Min: 1.21 Med: 19.23 Max: 38.1
Current: 4.63

During the past 5 years, Genesystem Co's highest Days Payable was 38.10. The lowest was 1.21. And the median was 19.23.

XKRX:363250's Days Payable is ranked worse than
98.55% of 207 companies
in the Medical Diagnostics & Research industry
Industry Median: 68.78 vs XKRX:363250: 4.63

Genesystem Co's Days Payable declined from Dec. 2022 (14.43) to Dec. 2023 (3.30). It may suggest that Genesystem Co accelerated paying its suppliers.

Genesystem Co Days Payable Historical Data

The historical data trend for Genesystem 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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Genesystem Co Days Payable Chart

Genesystem Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

26.22

12.01

19.23

38.10

1.21

Genesystem Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial										14.43	8.04	7.52	4.20	3.30

Competitive Comparison of Genesystem Co's Days Payable

For the Diagnostics & Research subindustry, Genesystem 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.

Genesystem Co's Days Payable Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Genesystem Co's Days Payable distribution charts can be found below:

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

Genesystem 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.

Genesystem 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
=	( (0	+	8.262)	/	1 )	/	2483.108	*	365
=	8.262					/	2483.108	*	365
=	1.21

Genesystem 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
=	( (44.019	+	8.262)	/	2 )	/	723.866	*	365 / 4
=	26.1405					/	723.866	*	365 / 4
=	3.30

Genesystem Co Days Payable Related Terms

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Genesystem Co (XKRX:363250) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Genesystem Co Ltd (XKRX:363250) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

200-9, Techno 2-ro, Yuseong-gu, Daejeon, KOR, 34028

Website

http://www.genesystem.co.kr

Genesystem Co Ltd is a biotech engineering company specializing in molecular testing solutions that target on-site testing needs. It develops and markets state-of-the-art PCR platforms as well as related reagents and biochip products designed to enhance the health of human societies and improve the quality of human life.

Genesystem Co (XKRX:363250) Headlines

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