Paradise Co (XKRX:034230) Days Payable : 1.44 (As of Sep. 2024)

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What is Paradise Co Days Payable?

Paradise Co's average Accounts Payable for the three months ended in Sep. 2024 was ₩3,301 Mil. Paradise Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩208,438 Mil. Hence, Paradise Co's Days Payable for the three months ended in Sep. 2024 was 1.44.

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

XKRX:034230' s Days Payable Range Over the Past 10 Years
Min: 1.04 Med: 1.8 Max: 3.01
Current: 1.5

During the past 13 years, Paradise Co's highest Days Payable was 3.01. The lowest was 1.04. And the median was 1.80.

XKRX:034230's Days Payable is ranked worse than
98.94% of 755 companies
in the Travel & Leisure industry
Industry Median: 57.91 vs XKRX:034230: 1.50

Paradise Co's Days Payable declined from Sep. 2023 (1.52) to Sep. 2024 (1.44). It may suggest that Paradise Co accelerated paying its suppliers.

Paradise Co Days Payable Historical Data

The historical data trend for Paradise 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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Paradise Co Days Payable Chart

Paradise Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1.68

2.35

2.03

2.20

1.92

Paradise Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															1.52	1.71	1.62	1.23	1.44

Competitive Comparison of Paradise Co's Days Payable

For the Resorts & Casinos subindustry, Paradise 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.

Paradise Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Paradise Co's Days Payable distribution charts can be found below:

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

Paradise 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.

Paradise 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
=	( (3524.399	+	4478.4)	/	2 )	/	760244.215	*	365
=	4001.3995					/	760244.215	*	365
=	1.92

Paradise Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (3091.321	+	3510.023)	/	2 )	/	208438.002	*	365 / 4
=	3300.672					/	208438.002	*	365 / 4
=	1.44

Paradise Co Days Payable Related Terms

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Paradise Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Paradise Co Ltd (XKRX:034230) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

268, Dongho-ro, Jung-gu, Seoul, KOR

Website

http://www.paradisegroup.co.kr

Paradise Co Ltd operates in the tourism industry. It is involved in the businesses of Casino, Hotel, Integrated Resorts, Travel and Leisure and Construction business. Casino business comprises operating casinos located in Walkerhill, Busan, Incheon, Jeju Grand, and Jeju Lotte. Travel and leisure business offers travel products with themes and corporate incentives as well as business services for corporate customers, a spa of hot spring water and caravan camping and refrigerated transportation of wine from wineries. The firm's construction business includes construction and construction management information systems.

Paradise Co Headlines

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