Daehyun Co (XKRX:016090) Days Payable : 42.05 (As of Mar. 2024)

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What is Daehyun Co Days Payable?

Daehyun Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩15,009 Mil. Daehyun Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩32,574 Mil. Hence, Daehyun Co's Days Payable for the three months ended in Mar. 2024 was 42.05.

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

XKRX:016090' s Days Payable Range Over the Past 10 Years
Min: 54.17 Med: 82.49 Max: 131.87
Current: 54.19

During the past 13 years, Daehyun Co's highest Days Payable was 131.87. The lowest was 54.17. And the median was 82.49.

XKRX:016090's Days Payable is ranked worse than
51.76% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.16 vs XKRX:016090: 54.19

Daehyun Co's Days Payable declined from Mar. 2023 (49.75) to Mar. 2024 (42.05). It may suggest that Daehyun Co accelerated paying its suppliers.

Daehyun Co Days Payable Historical Data

The historical data trend for Daehyun 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.

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Daehyun Co Days Payable Chart

Daehyun Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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74.26

64.02

64.89

59.95

54.17

Daehyun Co 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															49.75	61.76	87.32	47.60	42.05

Competitive Comparison of Daehyun Co's Days Payable

For the Apparel Manufacturing subindustry, Daehyun 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.

Daehyun Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Daehyun Co's Days Payable distribution charts can be found below:

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

Daehyun 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.

Daehyun 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
=	( (19502.115	+	17820.84)	/	2 )	/	125740.469	*	365
=	18661.4775					/	125740.469	*	365
=	54.17

Daehyun Co'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
=	( (17820.84	+	12197.501)	/	2 )	/	32574.035	*	365 / 4
=	15009.1705					/	32574.035	*	365 / 4
=	42.05

Daehyun Co Days Payable Related Terms

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Daehyun Co (XKRX:016090) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Daehyun Co Ltd (XKRX:016090) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1338-11 Seocho-dong, Daehyun Blue Tower, Seoul, KOR, 135-220

Website

http://www.daehyun.co.kr

Daehyun Co Ltd operates in the apparel manufacturing industry in South Korea. The company offers apparels under brands zooc, dewl, CC collect, and blu pepe.

Daehyun Co (XKRX:016090) Headlines

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