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Kib Plug Energy (XKRX:015590) Days Payable : 96.34 (As of Mar. 2024)


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What is Kib Plug Energy Days Payable?

Kib Plug Energy's average Accounts Payable for the three months ended in Mar. 2024 was ₩30,440 Mil. Kib Plug Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩28,832 Mil. Hence, Kib Plug Energy's Days Payable for the three months ended in Mar. 2024 was 96.34.

The historical rank and industry rank for Kib Plug Energy's Days Payable or its related term are showing as below:

XKRX:015590' s Days Payable Range Over the Past 10 Years
Min: 90.61   Med: 110.87   Max: 118.89
Current: 97.73

During the past 13 years, Kib Plug Energy's highest Days Payable was 118.89. The lowest was 90.61. And the median was 110.87.

XKRX:015590's Days Payable is ranked better than
61.55% of 2923 companies
in the Industrial Products industry
Industry Median: 76.67 vs XKRX:015590: 97.73

Kib Plug Energy's Days Payable declined from Mar. 2023 (124.55) to Mar. 2024 (96.34). It may suggest that Kib Plug Energy accelerated paying its suppliers.


Kib Plug Energy Days Payable Historical Data

The historical data trend for Kib Plug Energy'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.

Kib Plug Energy Days Payable Chart

Kib Plug Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.26 90.61 92.41 107.59 115.62

Kib Plug Energy 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 124.55 106.27 96.17 96.33 96.34

Competitive Comparison of Kib Plug Energy's Days Payable

For the Specialty Industrial Machinery subindustry, Kib Plug Energy'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.


Kib Plug Energy's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Kib Plug Energy's Days Payable falls into.



Kib Plug Energy 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.

Kib Plug Energy'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
=( (34539.045 + 33865.042) / 2 ) / 107969.386*365
=34202.0435 / 107969.386*365
=115.62

Kib Plug Energy'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
=( (33865.042 + 27015.632) / 2 ) / 28831.741*365 / 4
=30440.337 / 28831.741*365 / 4
=96.34

* 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.


Kib Plug Energy Days Payable Related Terms

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Kib Plug Energy (XKRX:015590) Business Description

Traded in Other Exchanges
N/A
Address
260-37, Cheoyong-ro, Nam-gu, Ulsan, KOR, 680-110
Kib Plug Energy Formerly Curo Co Ltd manufactures and markets chemical equipment. Its chemical equipment consists of shell and tube heat exchanger, pressure vessel, reactor and town, and column. Its Energy plant consists of HRSG, industrial boiler, co-generation power boiler, and auxiliary boiler. The company exports its products to various countries.

Kib Plug Energy (XKRX:015590) Headlines

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