Kwang Dong Pharmaceutical Co (XKRX:009290) Days Payable : 47.08 (As of Mar. 2024)

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What is Kwang Dong Pharmaceutical Co Days Payable?

Kwang Dong Pharmaceutical Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩171,628 Mil. Kwang Dong Pharmaceutical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩332,664 Mil. Hence, Kwang Dong Pharmaceutical Co's Days Payable for the three months ended in Mar. 2024 was 47.08.

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

XKRX:009290' s Days Payable Range Over the Past 10 Years
Min: 30.95 Med: 53.38 Max: 58.74
Current: 48.52

During the past 13 years, Kwang Dong Pharmaceutical Co's highest Days Payable was 58.74. The lowest was 30.95. And the median was 53.38.

XKRX:009290's Days Payable is ranked better than
52.62% of 1794 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs XKRX:009290: 48.52

Kwang Dong Pharmaceutical Co's Days Payable declined from Mar. 2023 (53.01) to Mar. 2024 (47.08). It may suggest that Kwang Dong Pharmaceutical Co accelerated paying its suppliers.

Kwang Dong Pharmaceutical Co Days Payable Historical Data

The historical data trend for Kwang Dong Pharmaceutical 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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Kwang Dong Pharmaceutical Co Days Payable Chart

Kwang Dong Pharmaceutical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

55.59

58.35

53.12

52.01

51.85

Kwang Dong Pharmaceutical 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															53.01	48.52	48.57	51.18	47.08

Competitive Comparison of Kwang Dong Pharmaceutical Co's Days Payable

For the Packaged Foods subindustry, Kwang Dong Pharmaceutical 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.

Kwang Dong Pharmaceutical Co's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Kwang Dong Pharmaceutical Co's Days Payable falls into.

Kwang Dong Pharmaceutical 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.

Kwang Dong Pharmaceutical 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
=	( (174051.047	+	171050.627)	/	2 )	/	1214626.79	*	365
=	172550.837					/	1214626.79	*	365
=	51.85

Kwang Dong Pharmaceutical 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
=	( (171050.627	+	172204.416)	/	2 )	/	332664.336	*	365 / 4
=	171627.5215					/	332664.336	*	365 / 4
=	47.08

Kwang Dong Pharmaceutical Co Days Payable Related Terms

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Kwang Dong Pharmaceutical Co (XKRX:009290) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kwang Dong Pharmaceutical Co Ltd (XKRX:009290) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

1577-4 Seocho-Dong, Seocho-gu, Seoul, KOR, 137-070

Website

http://www.ekdp.com

Kwang Dong Pharmaceutical Co Ltd is a drug store company. It manufactures and markets medicines and health-aids foods. The company originally focuses on the oriental medicine based drugs but succeeds in health aid beverages. Kwang's products include Vitamins, Antipyretic, Analgesic, Eye drops and amongst others.

Kwang Dong Pharmaceutical Co (XKRX:009290) Headlines

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