Kyung-In Synthetic (XKRX:012610) Days Payable : 18.11 (As of Sep. 2024)

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What is Kyung-In Synthetic Days Payable?

Kyung-In Synthetic's average Accounts Payable for the three months ended in Sep. 2024 was ₩14,577 Mil. Kyung-In Synthetic's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩73,430 Mil. Hence, Kyung-In Synthetic's Days Payable for the three months ended in Sep. 2024 was 18.11.

The historical rank and industry rank for Kyung-In Synthetic's Days Payable or its related term are showing as below:

XKRX:012610' s Days Payable Range Over the Past 10 Years
Min: 15.67 Med: 23.68 Max: 32.21
Current: 18.43

During the past 13 years, Kyung-In Synthetic's highest Days Payable was 32.21. The lowest was 15.67. And the median was 23.68.

XKRX:012610's Days Payable is ranked worse than
91.75% of 1515 companies
in the Chemicals industry
Industry Median: 60.15 vs XKRX:012610: 18.43

Kyung-In Synthetic's Days Payable declined from Sep. 2023 (21.00) to Sep. 2024 (18.11). It may suggest that Kyung-In Synthetic accelerated paying its suppliers.

Kyung-In Synthetic Days Payable Historical Data

The historical data trend for Kyung-In Synthetic'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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Kyung-In Synthetic Days Payable Chart

Kyung-In Synthetic Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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24.28

22.86

23.77

20.92

15.67

Kyung-In Synthetic Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															21.00	19.30	18.69	18.42	18.11

Competitive Comparison of Kyung-In Synthetic's Days Payable

For the Chemicals subindustry, Kyung-In Synthetic'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.

Kyung-In Synthetic's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kyung-In Synthetic's Days Payable distribution charts can be found below:

* The bar in red indicates where Kyung-In Synthetic's Days Payable falls into.

Kyung-In Synthetic 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.

Kyung-In Synthetic'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
=	( (11195.442	+	13509.576)	/	2 )	/	287716.233	*	365
=	12352.509					/	287716.233	*	365
=	15.67

Kyung-In Synthetic's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (15523.215	+	13630.207)	/	2 )	/	73429.844	*	365 / 4
=	14576.711					/	73429.844	*	365 / 4
=	18.11

Kyung-In Synthetic Days Payable Related Terms

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Kyung-In Synthetic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kyung-In Synthetic Corp (XKRX:012610) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

572 Gonghangdae-Ro, Yangcheon-Gu, Seoul, KOR, 07947

Website

http://www.kyungin.co.kr

Kyung-In Synthetic Corp is a South Korea based company involved in developing and manufacturing chemicals. It is the business of providing dyes, inks, fine chemicals and materials for textiles, food, agriculture, and electronics. The dyes offered by the company include Reactive Dyes, Disperse Dyes, Acid eyes and Optical Brightening Agents.

Kyung-In Synthetic Headlines

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