KT (BSP:K1TC34) Days Payable : 48.48 (As of Sep. 2024)

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What is KT Days Payable?

KT's average Accounts Payable for the three months ended in Sep. 2024 was R$5,308 Mil. KT's Cost of Goods Sold for the three months ended in Sep. 2024 was R$9,990 Mil. Hence, KT's Days Payable for the three months ended in Sep. 2024 was 48.48.

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

BSP:K1TC34' s Days Payable Range Over the Past 10 Years
Min: 44.84 Med: 50.28 Max: 170.89
Current: 51.9

During the past 13 years, KT's highest Days Payable was 170.89. The lowest was 44.84. And the median was 50.28.

BSP:K1TC34's Days Payable is ranked worse than
75.14% of 346 companies
in the Telecommunication Services industry
Industry Median: 107.52 vs BSP:K1TC34: 51.90

KT's Days Payable declined from Sep. 2023 (50.14) to Sep. 2024 (48.48). It may suggest that KT accelerated paying its suppliers.

KT Days Payable Historical Data

The historical data trend for KT'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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KT Days Payable Chart

KT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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44.63

41.19

50.14

55.49

48.47

KT Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															50.14	51.72	48.89	54.52	48.48

Competitive Comparison of KT's Days Payable

For the Telecom Services subindustry, KT'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.

KT's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, KT's Days Payable distribution charts can be found below:

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

KT 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.

KT'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
=	( (4665.34	+	4874.848)	/	2 )	/	35920.855	*	365
=	4770.094					/	35920.855	*	365
=	48.47

KT's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (5576.936	+	5038.18)	/	2 )	/	9989.612	*	365 / 4
=	5307.558					/	9989.612	*	365 / 4
=	48.48

KT Days Payable Related Terms

Thank you for viewing the detailed overview of KT's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

KT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » KT Corp (BSP:K1TC34) » Definitions » Days Payable

Traded in Other Exchanges

KT:USA 030200:Korea KTC:Germany KTC:Germany

Address

90 Bulljeong-ro (206 Jungja-dong), Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13606

Website

https://corp.kt.com

KT is South Korea's largest fixed-line telecom operator, with around 11.7 million fixed-line broadband customers and 9.4 million IPTV customers, and is the second-largest wireless operator with 25 million subscribers. Additionally, it has a number of nontelecom businesses, including real estate, payment processing, artificial intelligence, and IDC/cloud services, many of which are the focus of its growth strategy. The company was formed from the previously government-owned, monopoly telecom business and was listed in 1998. After selling its mobile business in 1994 (forming its mobile competitor, SK Telecom) KT created its own mobile operator in 1997.

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