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Hankuk Paper Mfg (XKRX:027970) Days Payable : 29.43 (As of Dec. 2024)


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What is Hankuk Paper Mfg Days Payable?

Hankuk Paper Mfg's average Accounts Payable for the three months ended in Dec. 2024 was ₩57,890 Mil. Hankuk Paper Mfg's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩179,470 Mil. Hence, Hankuk Paper Mfg's Days Payable for the three months ended in Dec. 2024 was 29.43.

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

XKRX:027970' s Days Payable Range Over the Past 10 Years
Min: 15.26   Med: 28.02   Max: 36.48
Current: 30.91

During the past 13 years, Hankuk Paper Mfg's highest Days Payable was 36.48. The lowest was 15.26. And the median was 28.02.

XKRX:027970's Days Payable is ranked worse than
76.81% of 276 companies
in the Forest Products industry
Industry Median: 56.175 vs XKRX:027970: 30.91

Hankuk Paper Mfg's Days Payable increased from Dec. 2023 (26.76) to Dec. 2024 (29.43). It may suggest that Hankuk Paper Mfg delayed paying its suppliers.


Hankuk Paper Mfg Days Payable Historical Data

The historical data trend for Hankuk Paper Mfg'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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Hankuk Paper Mfg Days Payable Chart

Hankuk Paper Mfg Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.34 21.13 15.26 27.91 31.74

Hankuk Paper Mfg 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 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 26.76 30.96 31.29 31.19 29.43

Competitive Comparison of Hankuk Paper Mfg's Days Payable

For the Paper & Paper Products subindustry, Hankuk Paper Mfg'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.


Hankuk Paper Mfg's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Hankuk Paper Mfg's Days Payable distribution charts can be found below:

* The bar in red indicates where Hankuk Paper Mfg's Days Payable falls into.


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Hankuk Paper Mfg 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.

Hankuk Paper Mfg'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
=( (59288.171 + 60345.424) / 2 ) / 687844.883*365
=59816.7975 / 687844.883*365
=31.74

Hankuk Paper Mfg'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
=( (55434.289 + 60345.424) / 2 ) / 179469.885*365 / 4
=57889.8565 / 179469.885*365 / 4
=29.43

* 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.


Hankuk Paper Mfg Days Payable Related Terms

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Hankuk Paper Mfg Business Description

Traded in Other Exchanges
N/A
Address
97, Biseul-ro 96-gil, Sang-ri, Yuga-myeon, Dalseong-gun, Daegu, KOR
Hankuk Paper Mfg is a Korea-based company engaged in the manufacture of paper products. It offers industrial papers, including duplex boards with gray back, uncoated duplex boards with gray back, coated pizza box boards, duplex boards with white back, folding box boards, SBS-two side coated, cast coated papers, and cast white boards; and food wrapping/functional papers, such as solid bleached high bulk, kraft liner board, coated fresh SC, and carrier boards. The company also provides fancy papers; and transfer papers, such as sublimation inkjet papers.

Hankuk Paper Mfg Headlines

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