Chon Bang Co (XKRX:000950) Days Payable: 3.15 (As of Jun. 2026) — 44% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKRX:000950 Chon Bang Co Ltd XKRX:000950
38 GF Score
Price ₩35,350.00
GF Value ₩9,620.07
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Chon Bang Co Days Payable?

Chon Bang Co XKRX:000950 38 Days Payable is 3.15 as of Jun. 2026, which is 44% below its 10-year median of 5.60. GuruFocus rates XKRX:000950 with a GF Score™ of 38/100 and a GF Value™ of ₩9,620.07 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,023 Manufacturing - Apparel & Accessories companies, Chon Bang Co ranks worse than 95.7% on this metric.

Chon Bang Co's average Accounts Payable for the three months ended in Jun. 2026 was ₩233 Mil. Chon Bang Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ₩6,740 Mil. Hence, Chon Bang Co's Days Payable for the three months ended in Jun. 2026 was 3.15.

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

XKRX:000950' s Days Payable Range Over the Past 10 Years
Min: 2.2   Med: 5.6   Max: 10.23
Current: 8.7

During the past 13 years, Chon Bang Co's highest Days Payable was 10.23. The lowest was 2.20. And the median was 5.60.

XKRX:000950's Days Payable is ranked worse than
95.7% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.68 vs XKRX:000950: 8.70

Chon Bang Co's Days Payable declined from Jun. 2025 (5.22) to Jun. 2026 (3.15). It may suggest that Chon Bang Co accelerated paying its suppliers.


Chon Bang Co Days Payable Historical Data

* Premium members only.

The historical data trend for Chon Bang 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.

Chon Bang Co Days Payable Chart

Chon Bang Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.09 2.20 5.22 9.43 8.31

Chon Bang Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.22 9.24 9.35 12.01 3.15

Chon Bang Co Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Chon Bang 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.


Chon Bang Co Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Chon Bang Co's Days Payable distribution charts can be found below:

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


XKRX:000950
38GF Score
Chon Bang Co Ltd XKRX:000950
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chon Bang 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.

Chon Bang Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (232.731 + 1763.643) / 2 ) / 43860.825*365
=998.187 / 43860.825*365
=8.31

Chon Bang Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (232.731 + 232.731) / 2 ) / 6739.537*365 / 4
=232.731 / 6739.537*365 / 4
=3.15

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 3.15 mean?
Chon Bang Co (XKRX:000950) has a Days Payable of 3.15 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Chon Bang Co and its competitors. This is 44% below median its historical median of 5.60. Over the past decade, Chon Bang Co's Days Payable has ranged from 2.20 to 10.23. According to the industry distribution chart, Chon Bang Co ranks #979 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 95.7%.
Is Chon Bang Co's Days Payable too high?
Chon Bang Co's current Days Payable of 3.15 is 44% below median its 10-year median of 5.60. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 10.23. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.68. Chon Bang Co's value of 3.15 is 94.1% below this industry median. Based on the distribution chart, Chon Bang Co ranks #979 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Chon Bang Co has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chon Bang Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Chon Bang Co ranks #979 out of 1023 companies for Days Payable. This places Chon Bang Co in the lower half of its industry. The industry median Days Payable is 53.68. Chon Bang Co's value of 3.15 is 94.1% below this benchmark. Historically, Chon Bang Co's own Days Payable has ranged from 2.20 to 10.23 over the past decade. While the company's 10-year median is 5.60 vs. the industry median of 53.68, Chon Bang Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.68, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chon Bang Co's current Days Payable of 3.15 is 94.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Chon Bang Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chon Bang Co's current Days Payable is 3.15, which is 44% below median its own 10-year median of 5.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chon Bang Co stock overvalued right now?
Based on GuruFocus' analysis, Chon Bang Co (XKRX:000950) is currently considered Significantly Overvalued. The stock's GF Value™ is ₩9,620.07, compared to a current price of ₩35,350.00 — trading 267.5% above its estimated fair value. The current Days Payable is 3.15, which is 44% below median its 10-year median of 5.60 and 94.1% below the Manufacturing - Apparel & Accessories industry median of 53.68. Chon Bang Co's overall GF Score™ is 38/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Chon Bang Co (XKRX:000950), the current Days Payable is 3.15 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Chon Bang Co (XKRX:000950) Overvalued in 2026?

Based on GuruFocus' analysis, Chon Bang Co stock appears to be overvalued. The current stock price of ₩35,350.00 is trading 267.5% above its estimated GF Value™ of ₩9,620.07. GuruFocus considers Chon Bang Co to be Significantly Overvalued.

Key valuation signals for XKRX:000950:

  • Days Payable: 3.15 (44% below median its 10-year median of 5.60)
  • GF Value™: ₩9,620.07 vs. price of ₩35,350.00 (267.5% above fair value)
  • GF Score™: 38/100 with 6 warning signs
  • Industry Position: 94.1% below the Manufacturing - Apparel & Accessories median (#979 of 1023)

No single metric tells the full story. See the XKRX:000950 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chon Bang Co Business Description

Address 12-13th Floor Chungjung Tower Building, 464 Chungjeongno 3 sam-ga, Seoul, KOR, 120-013
Chon Bang Co Ltd operates in the textile manufacturing industry in South Korea. The company is engaged in spinning of cotton. The products of the company are organic cotton, mercerized yarn, cotton yarn, and denim.
38GF Score

Get the complete analysis for XKRX:000950

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₩35,350.00
Price
₩9,620.07
GF Value