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Coupang (FRA:788) Days Payable : 95.33 (As of Sep. 2024)


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What is Coupang Days Payable?

Coupang's average Accounts Payable for the three months ended in Sep. 2024 was €5,268 Mil. Coupang's Cost of Goods Sold for the three months ended in Sep. 2024 was €5,043 Mil. Hence, Coupang's Days Payable for the three months ended in Sep. 2024 was 95.33.

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

FRA:788' s Days Payable Range Over the Past 10 Years
Min: 74.99   Med: 82.25   Max: 110.79
Current: 93.18

During the past 6 years, Coupang's highest Days Payable was 110.79. The lowest was 74.99. And the median was 82.25.

FRA:788's Days Payable is ranked better than
72% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 52.82 vs FRA:788: 93.18

Coupang's Days Payable increased from Sep. 2023 (85.28) to Sep. 2024 (95.33). It may suggest that Coupang delayed paying its suppliers.


Coupang Days Payable Historical Data

The historical data trend for Coupang'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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Coupang Days Payable Chart

Coupang Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 110.79 85.01 72.55 78.75 88.55

Coupang 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 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 85.28 91.75 91.97 96.33 95.33

Competitive Comparison of Coupang's Days Payable

For the Internet Retail subindustry, Coupang'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.


Coupang's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Coupang's Days Payable distribution charts can be found below:

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



Coupang 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.

Coupang'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
=( (3419.168 + 4675.783) / 2 ) / 16682.981*365
=4047.4755 / 16682.981*365
=88.55

Coupang'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
=( (5221.909 + 5314.999) / 2 ) / 5042.897*365 / 4
=5268.454 / 5042.897*365 / 4
=95.33

* 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.


Coupang Days Payable Related Terms

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Coupang Business Description

Traded in Other Exchanges
Address
720 Olive Way, Suite 600, Seattle, WA, USA, 05510
Coupang is South Korea's largest e-commerce platform that sells both owned and third-party inventory. Headquartered in the us, Coupang operates e-commerce businesses mainly in South Korea and Taiwan. The company has built an integrated logistics network that covers the entirety of South Korea, with extensive fulfillment centers that ensure timely delivery, even for orders placed seconds before midnight. Outside of its bread-and-butter e-commerce business, Coupang has expanded into provision of its Rocket delivery services to third-party merchants (fulfillment and logistics by Coupang), online grocery delivery Rocket Fresh, online meal delivery (Eats), e-commerce in Taiwan, luxury e-commerce (Farfetch), and travel.

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