BLADE Entertainment Co (XKRX:044480) Days Payable : 25.62 (As of Mar. 2024)

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What is BLADE Entertainment Co Days Payable?

BLADE Entertainment Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩5,920 Mil. BLADE Entertainment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩21,081 Mil. Hence, BLADE Entertainment Co's Days Payable for the three months ended in Mar. 2024 was 25.62.

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

XKRX:044480' s Days Payable Range Over the Past 10 Years
Min: 13.84 Med: 24.14 Max: 97.97
Current: 24.15

During the past 13 years, BLADE Entertainment Co's highest Days Payable was 97.97. The lowest was 13.84. And the median was 24.14.

XKRX:044480's Days Payable is ranked worse than
83.87% of 924 companies
in the Media - Diversified industry
Industry Median: 81.555 vs XKRX:044480: 24.15

BLADE Entertainment Co's Days Payable declined from Mar. 2023 (42.69) to Mar. 2024 (25.62). It may suggest that BLADE Entertainment Co accelerated paying its suppliers.

BLADE Entertainment Co Days Payable Historical Data

The historical data trend for BLADE Entertainment 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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BLADE Entertainment Co Days Payable Chart

BLADE Entertainment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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40.47

97.97

42.42

31.29

29.34

BLADE Entertainment 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															42.69	36.57	19.67	20.37	25.62

Competitive Comparison of BLADE Entertainment Co's Days Payable

For the Entertainment subindustry, BLADE Entertainment 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.

BLADE Entertainment Co's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, BLADE Entertainment Co's Days Payable distribution charts can be found below:

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

BLADE Entertainment 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.

BLADE Entertainment 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
=	( (4053.408	+	7280.844)	/	2 )	/	70506.307	*	365
=	5667.126					/	70506.307	*	365
=	29.34

BLADE Entertainment 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
=	( (7280.844	+	4558.987)	/	2 )	/	21080.976	*	365 / 4
=	5919.9155					/	21080.976	*	365 / 4
=	25.62

BLADE Entertainment Co Days Payable Related Terms

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BLADE Entertainment Co (XKRX:044480) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » BLADE Entertainment Co Ltd (XKRX:044480) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

473-3 Gwangjang-ro, Jeungpyeong-eup, Chungcheongbuk-do, Jeungpyeong-gun, KOR

Website

http://www.bladeent.com

BLADE Entertainment Co Ltd plans, develops, and delivers various content such as drama production and management, and will move forward as a total entertainment group loved by consumers around the world with creative thinking. It has Artists, Musicians, Dramas, and Movies production.

BLADE Entertainment Co (XKRX:044480) Headlines

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