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Daou Data (XKRX:032190) Days Payable : 2.17 (As of Mar. 2024)


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What is Daou Data Days Payable?

Daou Data's average Accounts Payable for the three months ended in Mar. 2024 was ₩53,900 Mil. Daou Data's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩2,266,201 Mil. Hence, Daou Data's Days Payable for the three months ended in Mar. 2024 was 2.17.

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

XKRX:032190' s Days Payable Range Over the Past 10 Years
Min: 1.6   Med: 5.61   Max: 21.17
Current: 2.01

During the past 13 years, Daou Data's highest Days Payable was 21.17. The lowest was 1.60. And the median was 5.61.

XKRX:032190's Days Payable is ranked worse than
98.26% of 2535 companies
in the Software industry
Industry Median: 49.81 vs XKRX:032190: 2.01

Daou Data's Days Payable increased from Mar. 2023 (1.35) to Mar. 2024 (2.17). It may suggest that Daou Data delayed paying its suppliers.


Daou Data Days Payable Historical Data

The historical data trend for Daou Data'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.

Daou Data Days Payable Chart

Daou Data 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 5.54 3.79 2.70 1.60 2.15

Daou Data 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 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 1.35 1.77 2.21 2.11 2.17

Competitive Comparison of Daou Data's Days Payable

For the Information Technology Services subindustry, Daou Data'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.


Daou Data's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Daou Data's Days Payable distribution charts can be found below:

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



Daou Data 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.

Daou Data'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
=( (41228.607 + 63382.965) / 2 ) / 8888687.95*365
=52305.786 / 8888687.95*365
=2.15

Daou Data'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
=( (63382.965 + 44417.102) / 2 ) / 2266201.116*365 / 4
=53900.0335 / 2266201.116*365 / 4
=2.17

* 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.


Daou Data Days Payable Related Terms

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Daou Data (XKRX:032190) Business Description

Traded in Other Exchanges
N/A
Address
Dongmakro 311 Jaehwa Square, 5th, 11th floo, Mapo-gu, Seoul, KOR, 04156
Daou Data Corp is engaged in the Information Technology industry. The company's business comprises of solution-based, specialized services and consulting businesses such as cloud, mobile, big data, and digital marketing. The company also owns payment services, such as a POS solution, franchise management service.

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