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Hanbit Soft (XKRX:047080) Days Payable : 0.70 (As of Dec. 2024)


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What is Hanbit Soft Days Payable?

Hanbit Soft's average Accounts Payable for the three months ended in Dec. 2024 was ₩15 Mil. Hanbit Soft's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩1,976 Mil. Hence, Hanbit Soft's Days Payable for the three months ended in Dec. 2024 was 0.70.

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

XKRX:047080' s Days Payable Range Over the Past 10 Years
Min: 0.41   Med: 3.15   Max: 18.3
Current: 7.37

During the past 13 years, Hanbit Soft's highest Days Payable was 18.30. The lowest was 0.41. And the median was 3.15.

XKRX:047080's Days Payable is ranked worse than
94.71% of 435 companies
in the Interactive Media industry
Industry Median: 63.96 vs XKRX:047080: 7.37

Hanbit Soft's Days Payable declined from Dec. 2023 (36.41) to Dec. 2024 (0.70). It may suggest that Hanbit Soft accelerated paying its suppliers.


Hanbit Soft Days Payable Historical Data

The historical data trend for Hanbit Soft'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.

Hanbit Soft Days Payable Chart

Hanbit Soft Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 0.41 0.70 13.50 16.81

Hanbit Soft Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 36.41 88.04 0.57 0.88 0.70

Competitive Comparison of Hanbit Soft's Days Payable

For the Electronic Gaming & Multimedia subindustry, Hanbit Soft'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.


Hanbit Soft's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Hanbit Soft's Days Payable distribution charts can be found below:

* The bar in red indicates where Hanbit Soft's Days Payable falls into.


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Hanbit Soft 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.

Hanbit Soft's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (740.325 + 2.551) / 2 ) / 8064.31*365
=371.438 / 8064.31*365
=16.81

Hanbit Soft's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (27.934 + 2.551) / 2 ) / 1975.721*365 / 4
=15.2425 / 1975.721*365 / 4
=0.70

* 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.


Hanbit Soft Days Payable Related Terms

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Hanbit Soft Business Description

Traded in Other Exchanges
N/A
Address
5~11F Leaders Star Korea Bldg., 413-9 Sindorim-dong, Guro-gu, Seoul, KOR, 152-888
Hanbit Soft Inc engages in developing and publishing game software. Its products include online and mobile games. It publishes various online games, including The Heaven Of Three Kingdoms, Aika, Granado Espada, FCManager Mobile, The Heros Way, Hellgate: London FPS, World Conquest2, and ClubAudition.

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