Han Express Co (XKRX:014130) Days Payable : 26.36 (As of Jun. 2024)

View and export this data going back to 1989. Start your Free Trial

What is Han Express Co Days Payable?

Han Express Co's average Accounts Payable for the three months ended in Jun. 2024 was ₩51,697 Mil. Han Express Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ₩178,982 Mil. Hence, Han Express Co's Days Payable for the three months ended in Jun. 2024 was 26.36.

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

XKRX:014130' s Days Payable Range Over the Past 10 Years
Min: 26.31 Med: 28.56 Max: 29.53
Current: 26.76

During the past 13 years, Han Express Co's highest Days Payable was 29.53. The lowest was 26.31. And the median was 28.56.

XKRX:014130's Days Payable is ranked worse than
69.83% of 948 companies
in the Transportation industry
Industry Median: 37.445 vs XKRX:014130: 26.76

Han Express Co's Days Payable declined from Jun. 2023 (27.85) to Jun. 2024 (26.36). It may suggest that Han Express Co accelerated paying its suppliers.

Han Express Co Days Payable Historical Data

The historical data trend for Han Express 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.

* Premium members only.

Han Express Co Days Payable Chart

Han Express Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

29.44

28.21

26.62

26.31

28.95

Han Express Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															27.85	26.83	27.68	25.25	26.36

Competitive Comparison of Han Express Co's Days Payable

For the Integrated Freight & Logistics subindustry, Han Express 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.

Han Express Co's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Han Express Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Han Express Co's Days Payable falls into.

Han Express 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.

Han Express 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
=	( (55884.268	+	46593.777)	/	2 )	/	645955.935	*	365
=	51239.0225					/	645955.935	*	365
=	28.95

Han Express Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (47749.663	+	55644.833)	/	2 )	/	178981.682	*	365 / 4
=	51697.248					/	178981.682	*	365 / 4
=	26.36

Han Express Co Days Payable Related Terms

Thank you for viewing the detailed overview of Han Express Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Han Express Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Han Express Co Ltd (XKRX:014130) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3,4F, 1603-55, Sector 1-dong, Seocho-gu, Seoul, KOR, 402-040

Website

http://www.hanex.co.kr

Han Express Co Ltd is a South Korean company operating in the integrated shipping and logistics industry. The company is engaged in transportation of general cargo, defense products, port logistics, bulk cargo, and storage business.

Han Express Co Headlines

No Headlines