Korea Export Packing Industrial Co (XKRX:002200) Days Payable : 30.46 (As of Mar. 2024)

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What is Korea Export Packing Industrial Co Days Payable?

Korea Export Packing Industrial Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩21,056 Mil. Korea Export Packing Industrial Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩63,074 Mil. Hence, Korea Export Packing Industrial Co's Days Payable for the three months ended in Mar. 2024 was 30.46.

The historical rank and industry rank for Korea Export Packing Industrial Co's Days Payable or its related term are showing as below:

XKRX:002200' s Days Payable Range Over the Past 10 Years
Min: 16.97 Med: 26.34 Max: 33.39
Current: 29.6

During the past 13 years, Korea Export Packing Industrial Co's highest Days Payable was 33.39. The lowest was 16.97. And the median was 26.34.

XKRX:002200's Days Payable is ranked worse than
82.97% of 370 companies
in the Packaging & Containers industry
Industry Median: 58.225 vs XKRX:002200: 29.60

Korea Export Packing Industrial Co's Days Payable declined from Mar. 2023 (31.40) to Mar. 2024 (30.46). It may suggest that Korea Export Packing Industrial Co accelerated paying its suppliers.

Korea Export Packing Industrial Co Days Payable Historical Data

The historical data trend for Korea Export Packing Industrial 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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Korea Export Packing Industrial Co Days Payable Chart

Korea Export Packing Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

28.00

28.76

32.44

33.39

32.41

Korea Export Packing Industrial 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															31.40	29.43	29.04	30.01	30.46

Competitive Comparison of Korea Export Packing Industrial Co's Days Payable

For the Packaging & Containers subindustry, Korea Export Packing Industrial 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.

Korea Export Packing Industrial Co's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Korea Export Packing Industrial Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Korea Export Packing Industrial Co's Days Payable falls into.

Korea Export Packing Industrial 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.

Korea Export Packing Industrial 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
=	( (24080.363	+	22079.129)	/	2 )	/	259924.102	*	365
=	23079.746					/	259924.102	*	365
=	32.41

Korea Export Packing Industrial 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
=	( (22079.129	+	20032.109)	/	2 )	/	63073.856	*	365 / 4
=	21055.619					/	63073.856	*	365 / 4
=	30.46

Korea Export Packing Industrial Co Days Payable Related Terms

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Korea Export Packing Industrial Co (XKRX:002200) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Korea Export Packing Industrial Co Ltd (XKRX:002200) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1599-11 Seocho-dong, Seocho-gu, Seoul, KOR, 137-876

Website

http://www.keppack.co.kr

Korea Export Packing Industrial Co Ltd operates in the packaging and container industry in South Korea. The company is engaged in manufacturing of corrugated paper and related products.

Korea Export Packing Industrial Co (XKRX:002200) Headlines

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