GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Lotte Chilsung Beverage Co Ltd (XKRX:005305) » Definitions » Days Payable

Lotte Chilsung Beverage Co (XKRX:005305) Days Payable : 50.85 (As of Dec. 2023)


View and export this data going back to 1973. Start your Free Trial

What is Lotte Chilsung Beverage Co Days Payable?

Lotte Chilsung Beverage Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩342,372 Mil. Lotte Chilsung Beverage Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩614,347 Mil. Hence, Lotte Chilsung Beverage Co's Days Payable for the three months ended in Dec. 2023 was 50.85.

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

XKRX:005305' s Days Payable Range Over the Past 10 Years
Min: 24.92   Med: 46.06   Max: 54.07
Current: 48.67

During the past 13 years, Lotte Chilsung Beverage Co's highest Days Payable was 54.07. The lowest was 24.92. And the median was 46.06.

XKRX:005305's Days Payable is ranked worse than
65.14% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 58.92 vs XKRX:005305: 48.67

Lotte Chilsung Beverage Co's Days Payable increased from Dec. 2022 (47.42) to Dec. 2023 (50.85). It may suggest that Lotte Chilsung Beverage Co delayed paying its suppliers.


Lotte Chilsung Beverage Co Days Payable Historical Data

The historical data trend for Lotte Chilsung Beverage 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.

* Premium members only.

Lotte Chilsung Beverage Co Days Payable Chart

Lotte Chilsung Beverage Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.92 35.09 44.04 41.08 48.07

Lotte Chilsung Beverage Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 47.42 46.07 42.34 54.71 50.85

Competitive Comparison of Lotte Chilsung Beverage Co's Days Payable

For the Beverages - Non-Alcoholic subindustry, Lotte Chilsung Beverage 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.


Lotte Chilsung Beverage Co's Days Payable Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Lotte Chilsung Beverage Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Lotte Chilsung Beverage Co's Days Payable falls into.



Lotte Chilsung Beverage 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.

Lotte Chilsung Beverage 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
=( (200946 + 323086) / 2 ) / 1989345.637*365
=262016 / 1989345.637*365
=48.07

Lotte Chilsung Beverage Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (361657.605 + 323086) / 2 ) / 614347.405*365 / 4
=342371.8025 / 614347.405*365 / 4
=50.85

* 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.


Lotte Chilsung Beverage Co Days Payable Related Terms

Thank you for viewing the detailed overview of Lotte Chilsung Beverage Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Lotte Chilsung Beverage Co (XKRX:005305) Business Description

Traded in Other Exchanges
Address
269 Olympic-ro, Lotte Castle Gold 4th and 5th Floor, Songpa-gu, Seoul, KOR
Lotte Chilsung Beverage Co Ltd is the beverage company in Korea.

Lotte Chilsung Beverage Co (XKRX:005305) Headlines

No Headlines