WONIK CUBE (XKRX:014190) Days Payable : 28.01 (As of Mar. 2024)

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What is WONIK CUBE Days Payable?

WONIK CUBE's average Accounts Payable for the three months ended in Mar. 2024 was ₩17,279 Mil. WONIK CUBE's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩56,292 Mil. Hence, WONIK CUBE's Days Payable for the three months ended in Mar. 2024 was 28.01.

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

XKRX:014190' s Days Payable Range Over the Past 10 Years
Min: 22.31 Med: 28.52 Max: 32.51
Current: 29.51

During the past 13 years, WONIK CUBE's highest Days Payable was 32.51. The lowest was 22.31. And the median was 28.52.

XKRX:014190's Days Payable is ranked worse than
81.21% of 1506 companies
in the Chemicals industry
Industry Median: 61.065 vs XKRX:014190: 29.51

WONIK CUBE's Days Payable declined from Mar. 2023 (33.39) to Mar. 2024 (28.01). It may suggest that WONIK CUBE accelerated paying its suppliers.

WONIK CUBE Days Payable Historical Data

The historical data trend for WONIK CUBE'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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WONIK CUBE Days Payable Chart

WONIK CUBE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

24.12

28.46

24.39

28.98

28.58

WONIK CUBE 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															33.39	28.14	32.33	29.86	28.01

Competitive Comparison of WONIK CUBE's Days Payable

For the Specialty Chemicals subindustry, WONIK CUBE'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.

WONIK CUBE's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, WONIK CUBE's Days Payable distribution charts can be found below:

* The bar in red indicates where WONIK CUBE's Days Payable falls into.

WONIK CUBE 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.

WONIK CUBE'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
=	( (18259.95	+	16204.841)	/	2 )	/	220111.892	*	365
=	17232.3955					/	220111.892	*	365
=	28.58

WONIK CUBE'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
=	( (16204.841	+	18353.255)	/	2 )	/	56292.338	*	365 / 4
=	17279.048					/	56292.338	*	365 / 4
=	28.01

WONIK CUBE Days Payable Related Terms

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WONIK CUBE (XKRX:014190) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » WONIK CUBE Corp (XKRX:014190) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

22-2, Sunae-Dong, Bundang-Gu, Gyeonggi-do, Seongnam, KOR

Website

http://www.wonikcube.com

WONIK CUBE Corp is a South Korean company engaged in chemical business which include supplying of paint, ink, adhesive, and artificial marble, resin business, silicon business, construction business, P&P business which include supplying automatic paper box folding machine, and development business which include supplying of electronic materials.

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