Shinsegae Food Co (XKRX:031440) Days Payable : 20.75 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Shinsegae Food Co Days Payable?

Shinsegae Food Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩72,773 Mil. Shinsegae Food Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩319,984 Mil. Hence, Shinsegae Food Co's Days Payable for the three months ended in Mar. 2024 was 20.75.

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

XKRX:031440' s Days Payable Range Over the Past 10 Years
Min: 12.55 Med: 15.24 Max: 20.15
Current: 20.15

During the past 13 years, Shinsegae Food Co's highest Days Payable was 20.15. The lowest was 12.55. And the median was 15.24.

XKRX:031440's Days Payable is ranked worse than
86.33% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 46.09 vs XKRX:031440: 20.15

Shinsegae Food Co's Days Payable increased from Mar. 2023 (18.93) to Mar. 2024 (20.75). It may suggest that Shinsegae Food Co delayed paying its suppliers.

Shinsegae Food Co Days Payable Historical Data

The historical data trend for Shinsegae Food 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.

Shinsegae Food Co Days Payable Chart

Shinsegae Food Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

15.13

15.34

15.52

16.07

17.67

Shinsegae Food 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															18.93	19.50	18.83	20.59	20.75

Competitive Comparison of Shinsegae Food Co's Days Payable

For the Packaged Foods subindustry, Shinsegae Food 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.

Shinsegae Food Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shinsegae Food Co's Days Payable distribution charts can be found below:

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

Shinsegae Food 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.

Shinsegae Food 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
=	( (52392.2	+	69056.478)	/	2 )	/	1254425.293	*	365
=	60724.339					/	1254425.293	*	365
=	17.67

Shinsegae Food 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
=	( (69056.478	+	76489.303)	/	2 )	/	319984.092	*	365 / 4
=	72772.8905					/	319984.092	*	365 / 4
=	20.75

Shinsegae Food Co Days Payable Related Terms

Thank you for viewing the detailed overview of Shinsegae Food Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Shinsegae Food Co (XKRX:031440) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shinsegae Food Co Ltd (XKRX:031440) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Seongsuil-ro, 56th floor, Seongdong-gu, Seoul, KOR

Website

http://www.shinsegaefood.com

Shinsegae Food Co Ltd is involved in food manufacture, food distribution, food and beverage and food service and restaurant business. Food manufacture business includes manufacturers, soups, stews, casseroles, salads, processed meat, sauces, noodles, and rice cakes baked goods, etc. Food distribution business comprises supplying goods to customers such as restaurant franchises, food manufacturers, hotels, resorts, etc. The food and beverage business consists of the development of new concepts and premium food brands and foodservice business covers the provision of customized food services to facilities such as offices, research centers, hospitals, and universities. The firm promotes and develops brands such as Hansik Olbaan, peacock, Johnny rockets, zespri, among others.

Shinsegae Food Co (XKRX:031440) Headlines

No Headlines