JCH Systems (XKRX:033320) Days Payable : 33.14 (As of Mar. 2024)

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What is JCH Systems Days Payable?

JCH Systems's average Accounts Payable for the three months ended in Mar. 2024 was ₩23,150 Mil. JCH Systems's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩63,752 Mil. Hence, JCH Systems's Days Payable for the three months ended in Mar. 2024 was 33.14.

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

XKRX:033320' s Days Payable Range Over the Past 10 Years
Min: 13.87 Med: 30.58 Max: 39.31
Current: 34.69

During the past 13 years, JCH Systems's highest Days Payable was 39.31. The lowest was 13.87. And the median was 30.58.

XKRX:033320's Days Payable is ranked worse than
83.87% of 2424 companies
in the Hardware industry
Industry Median: 68.08 vs XKRX:033320: 34.69

JCH Systems's Days Payable declined from Mar. 2023 (34.17) to Mar. 2024 (33.14). It may suggest that JCH Systems accelerated paying its suppliers.

JCH Systems Days Payable Historical Data

The historical data trend for JCH Systems'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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JCH Systems Days Payable Chart

JCH Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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29.94

28.08

31.68

39.31

31.22

JCH Systems 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															34.17	36.73	31.34	27.02	33.14

Competitive Comparison of JCH Systems's Days Payable

For the Electronics & Computer Distribution subindustry, JCH Systems'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.

JCH Systems's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, JCH Systems's Days Payable distribution charts can be found below:

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

JCH Systems 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.

JCH Systems'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
=	( (17114.497	+	15481.54)	/	2 )	/	190525.046	*	365
=	16298.0185					/	190525.046	*	365
=	31.22

JCH Systems'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
=	( (15481.54	+	30818.379)	/	2 )	/	63752.109	*	365 / 4
=	23149.9595					/	63752.109	*	365 / 4
=	33.14

JCH Systems Days Payable Related Terms

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JCH Systems (XKRX:033320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » JCH Systems Inc (XKRX:033320) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jchyun Bldg, 6-1, Singye-Dong, Yongsan-gu, Seoul, KOR, 120-837

Website

http://www.jchyun.com

JCH Systems Inc develops and markets products and solutions of IT whole parts. It provides computer components, multimedia devices, server, network and security solution, cable, and projector, in IT business.

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