Hitejinro Holdings Co (XKRX:000140) Days Payable : 45.46 (As of Mar. 2024)

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What is Hitejinro Holdings Co Days Payable?

Hitejinro Holdings Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩167,616 Mil. Hitejinro Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩336,482 Mil. Hence, Hitejinro Holdings Co's Days Payable for the three months ended in Mar. 2024 was 45.46.

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

XKRX:000140' s Days Payable Range Over the Past 10 Years
Min: 37.33 Med: 39.63 Max: 50.13
Current: 44.77

During the past 13 years, Hitejinro Holdings Co's highest Days Payable was 50.13. The lowest was 37.33. And the median was 39.63.

XKRX:000140's Days Payable is ranked worse than
75.25% of 202 companies
in the Beverages - Alcoholic industry
Industry Median: 77.86 vs XKRX:000140: 44.77

Hitejinro Holdings Co's Days Payable declined from Mar. 2023 (46.25) to Mar. 2024 (45.46). It may suggest that Hitejinro Holdings Co accelerated paying its suppliers.

Hitejinro Holdings Co Days Payable Historical Data

The historical data trend for Hitejinro Holdings 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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Hitejinro Holdings Co Days Payable Chart

Hitejinro Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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39.19

37.33

38.52

39.01

43.90

Hitejinro Holdings 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															46.25	43.85	43.96	47.02	45.46

Competitive Comparison of Hitejinro Holdings Co's Days Payable

For the Beverages - Brewers subindustry, Hitejinro Holdings 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.

Hitejinro Holdings Co's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Hitejinro Holdings Co's Days Payable distribution charts can be found below:

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

Hitejinro Holdings 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.

Hitejinro Holdings 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
=	( (160045.861	+	172931.875)	/	2 )	/	1384399.203	*	365
=	166488.868					/	1384399.203	*	365
=	43.90

Hitejinro Holdings 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
=	( (172931.875	+	162300.096)	/	2 )	/	336482.086	*	365 / 4
=	167615.9855					/	336482.086	*	365 / 4
=	45.46

Hitejinro Holdings Co Days Payable Related Terms

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Hitejinro Holdings Co (XKRX:000140) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Hitejinro Holdings Co Ltd (XKRX:000140) » Definitions » Days Payable

Traded in Other Exchanges

000145:Korea

Address

714 Yeongdong Daero, Gangnam-gu, Seoul Hite Jinro Building, Seoul, KOR, 06075

Website

http://www.hitejinro.com

Hitejinro Holdings Co Ltd is a Korea based holding company, through its subsidiaries, is engaged in the businesses of owning a soju and making beer, importing wine and whiskey, and operating as a fresh water maker. The organization has a business presence in Korea and other countries.

Hitejinro Holdings Co (XKRX:000140) Headlines

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