Dongnam Chemical Co (XKRX:023450) Days Payable : 16.48 (As of Dec. 2024)

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What is Dongnam Chemical Co Days Payable?

Dongnam Chemical Co's average Accounts Payable for the three months ended in Dec. 2024 was ₩7,945 Mil. Dongnam Chemical Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩44,002 Mil. Hence, Dongnam Chemical Co's Days Payable for the three months ended in Dec. 2024 was 16.48.

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

XKRX:023450' s Days Payable Range Over the Past 10 Years
Min: 8.31 Med: 17.88 Max: 27.06
Current: 20.09

During the past 13 years, Dongnam Chemical Co's highest Days Payable was 27.06. The lowest was 8.31. And the median was 17.88.

XKRX:023450's Days Payable is ranked worse than
90.26% of 1509 companies
in the Chemicals industry
Industry Median: 58.33 vs XKRX:023450: 20.09

Dongnam Chemical Co's Days Payable declined from Dec. 2023 (21.19) to Dec. 2024 (16.48). It may suggest that Dongnam Chemical Co accelerated paying its suppliers.

Dongnam Chemical Co Days Payable Historical Data

The historical data trend for Dongnam Chemical 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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Dongnam Chemical Co Days Payable Chart

Dongnam Chemical Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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14.95

27.06

17.45

17.15

18.30

Dongnam Chemical Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															21.19	22.86	22.38	20.74	16.48

Competitive Comparison of Dongnam Chemical Co's Days Payable

For the Chemicals subindustry, Dongnam Chemical 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.

Dongnam Chemical Co's Days Payable Distribution in the Chemicals Industry

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

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

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Dongnam Chemical 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.

Dongnam Chemical Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (10214.988	+	6630.833)	/	2 )	/	167954.14	*	365
=	8422.9105					/	167954.14	*	365
=	18.30

Dongnam Chemical Co's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (9259.759	+	6630.833)	/	2 )	/	44002.427	*	365 / 4
=	7945.296					/	44002.427	*	365 / 4
=	16.48

Dongnam Chemical Co Days Payable Related Terms

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Dongnam Chemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Dongnam Chemical Co Ltd (XKRX:023450) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

80-61, Tancheonsaneopdanji-gil, Tancheon-myeon, Chungcheongnam-do, Gongju-si, KOR

Website

http://www.dongnamchem.com

Dongnam Chemical Co Ltd is engaged in manufacturing and selling surfactants in Korea. Its products include nonionic surfactants, cationic surfactants, anionic surfactants, and amphoteric surfactants. The company's products are used in various applications, including household and personal care, fine chemicals, general industry, textile chemicals, and agricultural chemicals. It also sells alcohols, acids, amines, reactive emulsifiers, and other chemicals.

Dongnam Chemical Co Headlines

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