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INFAC (XKRX:023810) Days Payable : 54.85 (As of Sep. 2024)


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What is INFAC Days Payable?

INFAC's average Accounts Payable for the three months ended in Sep. 2024 was ₩66,780 Mil. INFAC's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩111,096 Mil. Hence, INFAC's Days Payable for the three months ended in Sep. 2024 was 54.85.

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

XKRX:023810' s Days Payable Range Over the Past 10 Years
Min: 54.41   Med: 60.19   Max: 75.15
Current: 58.23

During the past 13 years, INFAC's highest Days Payable was 75.15. The lowest was 54.41. And the median was 60.19.

XKRX:023810's Days Payable is ranked worse than
56.72% of 1273 companies
in the Vehicles & Parts industry
Industry Median: 66.34 vs XKRX:023810: 58.23

INFAC's Days Payable declined from Sep. 2023 (64.92) to Sep. 2024 (54.85). It may suggest that INFAC accelerated paying its suppliers.


INFAC Days Payable Historical Data

The historical data trend for INFAC'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.

INFAC Days Payable Chart

INFAC 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 63.56 70.19 60.64 55.37 58.89

INFAC 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 64.92 59.04 61.92 57.83 54.85

Competitive Comparison of INFAC's Days Payable

For the Auto Parts subindustry, INFAC'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.


INFAC's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, INFAC's Days Payable distribution charts can be found below:

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



INFAC 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.

INFAC'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
=( (74451.01 + 73103.055) / 2 ) / 457274.261*365
=73777.0325 / 457274.261*365
=58.89

INFAC'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
=( (68123.475 + 65436.098) / 2 ) / 111095.688*365 / 4
=66779.7865 / 111095.688*365 / 4
=54.85

* 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.


INFAC Days Payable Related Terms

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INFAC Business Description

Traded in Other Exchanges
N/A
Address
732-2 Wonsi-Dong, Danwon-Gu, Ansan-si, Gyeonggi-do, KOR
INFAC Corp is a South Korean company engaged in manufacturing of cable, actuator, antenna, RF cable, horns, and parts of BMA.

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