Daeyang Paper Manufacturing Co (XKRX:006580) Days Payable : 28.01 (As of Mar. 2024)

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What is Daeyang Paper Manufacturing Co Days Payable?

Daeyang Paper Manufacturing Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩9,544 Mil. Daeyang Paper Manufacturing Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩31,091 Mil. Hence, Daeyang Paper Manufacturing Co's Days Payable for the three months ended in Mar. 2024 was 28.01.

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

XKRX:006580' s Days Payable Range Over the Past 10 Years
Min: 9.84 Med: 15.07 Max: 28.06
Current: 25.52

During the past 13 years, Daeyang Paper Manufacturing Co's highest Days Payable was 28.06. The lowest was 9.84. And the median was 15.07.

XKRX:006580's Days Payable is ranked worse than
83.21% of 280 companies
in the Forest Products industry
Industry Median: 57.37 vs XKRX:006580: 25.52

Daeyang Paper Manufacturing Co's Days Payable increased from Mar. 2023 (27.94) to Mar. 2024 (28.01). It may suggest that Daeyang Paper Manufacturing Co delayed paying its suppliers.

Daeyang Paper Manufacturing Co Days Payable Historical Data

The historical data trend for Daeyang Paper Manufacturing 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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Daeyang Paper Manufacturing Co Days Payable Chart

Daeyang Paper Manufacturing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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13.39

14.80

21.47

27.83

28.06

Daeyang Paper Manufacturing 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															27.94	22.19	23.81	24.62	28.01

Competitive Comparison of Daeyang Paper Manufacturing Co's Days Payable

For the Paper & Paper Products subindustry, Daeyang Paper Manufacturing 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.

Daeyang Paper Manufacturing Co's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Daeyang Paper Manufacturing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Daeyang Paper Manufacturing Co's Days Payable falls into.

Daeyang Paper Manufacturing 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.

Daeyang Paper Manufacturing 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
=	( (11428.158	+	9543.816)	/	2 )	/	136404.843	*	365
=	10485.987					/	136404.843	*	365
=	28.06

Daeyang Paper Manufacturing 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
=	( (9543.816	+	0)	/	1 )	/	31091.403	*	365 / 4
=	9543.816					/	31091.403	*	365 / 4
=	28.01

Daeyang Paper Manufacturing Co Days Payable Related Terms

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Daeyang Paper Manufacturing Co (XKRX:006580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Daeyang Paper Manufacturing Co Ltd (XKRX:006580) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Kangnam Building 1321 Seocho-dong, Seocho-gu, Seoul, KOR, 425-120

Website

http://www.dygroup.co.kr

Daeyang Paper Manufacturing Co Ltd is engaged in manufacturing and selling various packing products in South Korea. The company's product offerings include base paper products, including corrugating medium paper, reverse side paper, and surface paper for corrugated cardboards; and corrugated cardboards/boxes, such as single faced, double-faced, double wall, and triple wall corrugated fiber boards.

Daeyang Paper Manufacturing Co (XKRX:006580) Headlines

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