Kortek (XKRX:052330) Days Payable : 28.52 (As of Dec. 2024)

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What is Kortek Days Payable?

Kortek's average Accounts Payable for the three months ended in Dec. 2024 was ₩18,529 Mil. Kortek's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩59,282 Mil. Hence, Kortek's Days Payable for the three months ended in Dec. 2024 was 28.52.

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

XKRX:052330' s Days Payable Range Over the Past 10 Years
Min: 13.35 Med: 27.08 Max: 36.41
Current: 36.41

During the past 13 years, Kortek's highest Days Payable was 36.41. The lowest was 13.35. And the median was 27.08.

XKRX:052330's Days Payable is ranked worse than
80.57% of 2403 companies
in the Hardware industry
Industry Median: 69.01 vs XKRX:052330: 36.41

Kortek's Days Payable declined from Dec. 2023 (36.08) to Dec. 2024 (28.52). It may suggest that Kortek accelerated paying its suppliers.

Kortek Days Payable Historical Data

The historical data trend for Kortek'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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Kortek Days Payable Chart

Kortek Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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28.53

34.30

26.05

32.73

33.82

Kortek 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															36.08	39.72	46.63	34.54	28.52

Competitive Comparison of Kortek's Days Payable

For the Computer Hardware subindustry, Kortek'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.

Kortek's Days Payable Distribution in the Hardware Industry

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

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

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Kortek 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.

Kortek'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
=	( (24503.784	+	18882.067)	/	2 )	/	234122.436	*	365
=	21692.9255					/	234122.436	*	365
=	33.82

Kortek'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
=	( (18175.378	+	18882.067)	/	2 )	/	59281.625	*	365 / 4
=	18528.7225					/	59281.625	*	365 / 4
=	28.52

Kortek Days Payable Related Terms

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Kortek Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kortek Corp (XKRX:052330) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

26, Venture-ro, 24beon-gil, Yeonsu-go, Incheon, KOR, 406-840

Website

http://www.kortek.co.kr

Kortek Corp is a Korean company engaged in manufacturing and distribution of industrial display products. It offers display products in the fields of gaming display, IFP display, medical display, digital signage, video wall, outdoor display, ATC display and touch solution. The organization supplies its products to various industries including entertainment, education, corporate, healthcare, aviation, retail and advertising. The company has a business presence in Korea and other countries.

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