Daelim Trading Co (XKRX:006570) Days Payable : 49.68 (As of Mar. 2024)

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What is Daelim Trading Co Days Payable?

Daelim Trading Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩16,435 Mil. Daelim Trading Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩30,188 Mil. Hence, Daelim Trading Co's Days Payable for the three months ended in Mar. 2024 was 49.68.

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

XKRX:006570' s Days Payable Range Over the Past 10 Years
Min: 37.11 Med: 44.29 Max: 53.7
Current: 46.82

During the past 13 years, Daelim Trading Co's highest Days Payable was 53.70. The lowest was 37.11. And the median was 44.29.

XKRX:006570's Days Payable is ranked better than
50.56% of 1794 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs XKRX:006570: 46.82

Daelim Trading Co's Days Payable declined from Mar. 2023 (51.96) to Mar. 2024 (49.68). It may suggest that Daelim Trading Co accelerated paying its suppliers.

Daelim Trading Co Days Payable Historical Data

The historical data trend for Daelim Trading 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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Daelim Trading Co Days Payable Chart

Daelim Trading Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

41.26

37.11

40.17

46.38

53.70

Daelim Trading 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															51.96	38.72	50.64	51.07	49.68

Competitive Comparison of Daelim Trading Co's Days Payable

For the Household & Personal Products subindustry, Daelim Trading 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.

Daelim Trading Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Daelim Trading Co's Days Payable distribution charts can be found below:

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

Daelim Trading 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.

Daelim Trading 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
=	( (19788.529	+	16297.582)	/	2 )	/	122644.982	*	365
=	18043.0555					/	122644.982	*	365
=	53.70

Daelim Trading 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
=	( (16297.582	+	16572.941)	/	2 )	/	30188.164	*	365 / 4
=	16435.2615					/	30188.164	*	365 / 4
=	49.68

Daelim Trading Co Days Payable Related Terms

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Daelim Trading Co (XKRX:006570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Daelim Trading Co Ltd (XKRX:006570) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

87-9 Yeonhee-dong, Seodaemun-gu, Seoul, KOR

Website

http://www.dltc.co.kr

Daelim Trading Co Ltd operates in the household and personal products industry in South Korea. The company is engaged in manufacturing and selling construction materials and housewares. The products of the company include faucet, bidet, sanitary ware, and shower booth.

Daelim Trading Co (XKRX:006570) Headlines

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