HLB Co (XKRX:028300) Days Payable : 73.52 (As of Mar. 2024)

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What is HLB Co Days Payable?

HLB Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩7,384 Mil. HLB Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩9,165 Mil. Hence, HLB Co's Days Payable for the three months ended in Mar. 2024 was 73.52.

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

XKRX:028300' s Days Payable Range Over the Past 10 Years
Min: 14.16 Med: 29.04 Max: 44.64
Current: 39.35

During the past 13 years, HLB Co's highest Days Payable was 44.64. The lowest was 14.16. And the median was 29.04.

XKRX:028300's Days Payable is ranked worse than
78.09% of 721 companies
in the Biotechnology industry
Industry Median: 148.28 vs XKRX:028300: 39.35

HLB Co's Days Payable increased from Mar. 2023 (15.34) to Mar. 2024 (73.52). It may suggest that HLB Co delayed paying its suppliers.

HLB Co Days Payable Historical Data

The historical data trend for HLB 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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HLB Co Days Payable Chart

HLB Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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15.10

16.94

31.27

14.16

44.64

HLB 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															15.34	20.65	13.39	36.34	73.52

Competitive Comparison of HLB Co's Days Payable

For the Biotechnology subindustry, HLB 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.

HLB Co's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, HLB Co's Days Payable distribution charts can be found below:

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

HLB 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.

HLB 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
=	( (3720.915	+	6990.804)	/	2 )	/	43794.069	*	365
=	5355.8595					/	43794.069	*	365
=	44.64

HLB 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
=	( (6990.804	+	7777.51)	/	2 )	/	9165.031	*	365 / 4
=	7384.157					/	9165.031	*	365 / 4
=	73.52

HLB Co Days Payable Related Terms

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HLB Co (XKRX:028300) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » HLB Co Ltd (XKRX:028300) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

216-53 Dangwol-ro, Onsan-eup, Ulju-gun, Ulsan, KOR, 216-53

Website

http://www.hlbkorea.com

HLB Co Ltd is engaged in the manufacture of lifeboats, special ships, safety goods, and engines. It is also engaged in pipe business and bio-technology business.

HLB Co (XKRX:028300) Headlines

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