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Daishin Informationmmunication Co (XKRX:020180) Days Payable : 50.74 (As of Sep. 2024)


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What is Daishin Informationmmunication Co Days Payable?

Daishin Informationmmunication Co's average Accounts Payable for the three months ended in Sep. 2024 was ₩15,702 Mil. Daishin Informationmmunication Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩28,241 Mil. Hence, Daishin Informationmmunication Co's Days Payable for the three months ended in Sep. 2024 was 50.74.

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

XKRX:020180' s Days Payable Range Over the Past 10 Years
Min: 27.72   Med: 39.69   Max: 63.66
Current: 47.3

During the past 13 years, Daishin Informationmmunication Co's highest Days Payable was 63.66. The lowest was 27.72. And the median was 39.69.

XKRX:020180's Days Payable is ranked worse than
51.05% of 2523 companies
in the Software industry
Industry Median: 48.75 vs XKRX:020180: 47.30

Daishin Informationmmunication Co's Days Payable declined from Sep. 2023 (54.18) to Sep. 2024 (50.74). It may suggest that Daishin Informationmmunication Co accelerated paying its suppliers.


Daishin Informationmmunication Co Days Payable Historical Data

The historical data trend for Daishin Informationmmunication 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.

Daishin Informationmmunication Co Days Payable Chart

Daishin Informationmmunication Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.66 57.11 50.93 47.63 35.94

Daishin Informationmmunication Co 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 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 54.18 36.64 58.76 62.00 50.74

Competitive Comparison of Daishin Informationmmunication Co's Days Payable

For the Information Technology Services subindustry, Daishin Informationmmunication 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.


Daishin Informationmmunication Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Daishin Informationmmunication Co's Days Payable distribution charts can be found below:

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



Daishin Informationmmunication 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.

Daishin Informationmmunication Co's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (26158.987 + 19394.482) / 2 ) / 231305.181*365
=22776.7345 / 231305.181*365
=35.94

Daishin Informationmmunication Co'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
=( (17199.287 + 14205.639) / 2 ) / 28240.716*365 / 4
=15702.463 / 28240.716*365 / 4
=50.74

* 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.


Daishin Informationmmunication Co Days Payable Related Terms

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Daishin Informationmmunication Co Business Description

Traded in Other Exchanges
N/A
Address
DalShin l&C Building, 205-28, Gansan Digital 1-ro, Geumcheon-gu, Seoul, KOR
Daishin Information & Communication Co Ltd provides information and communications technology products and services to its customers. The Company offers rugged handled computer, mobile solutions, POD solutions, financial solutions and SI business.

Daishin Informationmmunication Co Headlines

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