Korea District Heating (XKRX:071320) Days Payable : 89.39 (As of Dec. 2023)

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What is Korea District Heating Days Payable?

Korea District Heating's average Accounts Payable for the three months ended in Dec. 2023 was ₩505,606 Mil. Korea District Heating's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩516,103 Mil. Hence, Korea District Heating's Days Payable for the three months ended in Dec. 2023 was 89.39.

The historical rank and industry rank for Korea District Heating's Days Payable or its related term are showing as below:

XKRX:071320' s Days Payable Range Over the Past 10 Years
Min: 49.56 Med: 56.19 Max: 77.79
Current: 58.97

During the past 13 years, Korea District Heating's highest Days Payable was 77.79. The lowest was 49.56. And the median was 56.19.

XKRX:071320's Days Payable is ranked worse than
58.72% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.005 vs XKRX:071320: 58.97

Korea District Heating's Days Payable increased from Dec. 2022 (37.71) to Dec. 2023 (89.39). It may suggest that Korea District Heating delayed paying its suppliers.

Korea District Heating Days Payable Historical Data

The historical data trend for Korea District Heating'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.

Korea District Heating Days Payable Chart

Korea District Heating Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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52.63

49.56

56.56

61.76

77.79

Korea District Heating 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															37.71	53.12	28.09	30.03	89.39

Competitive Comparison of Korea District Heating's Days Payable

For the Utilities - Renewable subindustry, Korea District Heating'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.

Korea District Heating's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Korea District Heating's Days Payable distribution charts can be found below:

* The bar in red indicates where Korea District Heating's Days Payable falls into.

Korea District Heating 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.

Korea District Heating'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
=	( (1003402.343	+	505605.865)	/	2 )	/	3540225.712	*	365
=	754504.104					/	3540225.712	*	365
=	77.79

Korea District Heating'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	+	505605.865)	/	1 )	/	516103.162	*	365 / 4
=	505605.865					/	516103.162	*	365 / 4
=	89.39

Korea District Heating Days Payable Related Terms

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Korea District Heating (XKRX:071320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Korea District Heating Corp (XKRX:071320) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

368, Bundang-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, KOR, 463-908

Website

https://www.kdhc.co.kr

Korea District Heating Corp operates in the Korean utility sector. Its business is to produce hot and cold water for the purpose of power generation. Its heating systems make sure that apartments and commercial buildings need not have their own heating facilities, thereby saving energy and reducing atmospheric pollution.

Korea District Heating (XKRX:071320) Headlines

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