Chungho ICT (XKRX:012600) Days Payable : 59.02 (As of Mar. 2024)

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What is Chungho ICT Days Payable?

Chungho ICT's average Accounts Payable for the three months ended in Mar. 2024 was ₩2,946 Mil. Chungho ICT's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩4,555 Mil. Hence, Chungho ICT's Days Payable for the three months ended in Mar. 2024 was 59.02.

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

XKRX:012600' s Days Payable Range Over the Past 10 Years
Min: 26.64 Med: 42.56 Max: 84.4
Current: 33.46

During the past 13 years, Chungho ICT's highest Days Payable was 84.40. The lowest was 26.64. And the median was 42.56.

XKRX:012600's Days Payable is not ranked
in the Industrial Products industry.
Industry Median: 76.43 vs XKRX:012600: 33.46

Chungho ICT's Days Payable increased from Mar. 2023 (33.30) to Mar. 2024 (59.02). It may suggest that Chungho ICT delayed paying its suppliers.

Chungho ICT Days Payable Historical Data

The historical data trend for Chungho ICT'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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Chungho ICT Days Payable Chart

Chungho ICT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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84.40

78.24

42.43

26.64

61.96

Chungho ICT 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															33.30	24.24	13.49	32.09	59.02

Competitive Comparison of Chungho ICT's Days Payable

For the Business Equipment & Supplies subindustry, Chungho ICT'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.

Chungho ICT's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chungho ICT's Days Payable distribution charts can be found below:

* The bar in red indicates where Chungho ICT's Days Payable falls into.

Chungho ICT 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.

Chungho ICT'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
=	( (1643.33	+	3941.537)	/	2 )	/	16450.703	*	365
=	2792.4335					/	16450.703	*	365
=	61.96

Chungho ICT'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
=	( (3941.537	+	1950.003)	/	2 )	/	4554.572	*	365 / 4
=	2945.77					/	4554.572	*	365 / 4
=	59.02

Chungho ICT Days Payable Related Terms

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Chungho ICT (XKRX:012600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chungho ICT (XKRX:012600) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

318, Dosan Daero, 15th Floor, SB-Tower, Gangnam Gu, Seoul, KOR, 135-819

Website

https://www.chunghoict.com

Chungho ICT is engaged in the financial automation business. It offers financial automation equipment, such as ATMs, cash dispensers, mini and small CDs, and utility payment kiosks; and multi-function automation equipment, including CD/ATM ticket dispensers and CD/ATM with inquiry function.

Chungho ICT (XKRX:012600) Headlines

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