Shinsegae Co (XKRX:004170) Days Payable : 19.00 (As of Sep. 2024)

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What is Shinsegae Co Days Payable?

Shinsegae Co's average Accounts Payable for the three months ended in Sep. 2024 was ₩125,289 Mil. Shinsegae Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩601,745 Mil. Hence, Shinsegae Co's Days Payable for the three months ended in Sep. 2024 was 19.00.

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

XKRX:004170' s Days Payable Range Over the Past 10 Years
Min: 11.47 Med: 18.77 Max: 30.46
Current: 17.75

During the past 13 years, Shinsegae Co's highest Days Payable was 30.46. The lowest was 11.47. And the median was 18.77.

XKRX:004170's Days Payable is ranked worse than
86.53% of 1091 companies
in the Retail - Cyclical industry
Industry Median: 54.74 vs XKRX:004170: 17.75

Shinsegae Co's Days Payable increased from Sep. 2023 (16.74) to Sep. 2024 (19.00). It may suggest that Shinsegae Co delayed paying its suppliers.

Shinsegae Co Days Payable Historical Data

The historical data trend for Shinsegae 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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Shinsegae Co Days Payable Chart

Shinsegae Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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18.30

17.77

11.47

15.70

17.65

Shinsegae Co 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															16.74	14.70	17.43	20.35	19.00

Competitive Comparison of Shinsegae Co's Days Payable

For the Department Stores subindustry, Shinsegae 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.

Shinsegae Co's Days Payable Distribution in the Retail - Cyclical Industry

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

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

Shinsegae 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.

Shinsegae 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
=	( (142898	+	99047)	/	2 )	/	2502101.47	*	365
=	120972.5					/	2502101.47	*	365
=	17.65

Shinsegae Co'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
=	( (130372	+	120206)	/	2 )	/	601745.144	*	365 / 4
=	125289					/	601745.144	*	365 / 4
=	19.00

Shinsegae Co Days Payable Related Terms

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Shinsegae Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shinsegae Co Ltd (XKRX:004170) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

63, Sogong-ro, Shinsegae Department Store Building, Jung-gu, Seoul, KOR, 100-747

Website

http://www.shinsegae.com

Shinsegae Co Ltd is a Korea-based company engaged in the department store business. Through its department stores, the company provides various branded products, including HERMS, LOUIS VUITTON, TIFFANY & CO., BURBERRY, and Carlier. The company operates its department stores in various cities, including Centum City, Gangnam, Incheon, Gyeonggi, Masan,and others.

Shinsegae Co Headlines

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