JVM Co (XKRX:054950) Days Payable : 67.83 (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is JVM Co Days Payable?

JVM Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩18,425 Mil. JVM Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩24,785 Mil. Hence, JVM Co's Days Payable for the three months ended in Mar. 2024 was 67.83.

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

XKRX:054950' s Days Payable Range Over the Past 10 Years
Min: 48.27 Med: 75.87 Max: 110.23
Current: 71.12

During the past 13 years, JVM Co's highest Days Payable was 110.23. The lowest was 48.27. And the median was 75.87.

XKRX:054950's Days Payable is ranked worse than
51.58% of 789 companies
in the Medical Devices & Instruments industry
Industry Median: 72.55 vs XKRX:054950: 71.12

JVM Co's Days Payable declined from Mar. 2023 (78.20) to Mar. 2024 (67.83). It may suggest that JVM Co accelerated paying its suppliers.

JVM Co Days Payable Historical Data

The historical data trend for JVM 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.

* Premium members only.

JVM Co Days Payable Chart

JVM Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

106.35

110.23

107.61

87.21

71.28

JVM 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															78.20	74.47	74.16	66.14	67.83

Competitive Comparison of JVM Co's Days Payable

For the Medical Devices subindustry, JVM 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.

JVM Co's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, JVM Co's Days Payable distribution charts can be found below:

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

JVM 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.

JVM 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
=	( (18811.321	+	18094.841)	/	2 )	/	94490.124	*	365
=	18453.081					/	94490.124	*	365
=	71.28

JVM 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
=	( (18094.841	+	18754.922)	/	2 )	/	24785.176	*	365 / 4
=	18424.8815					/	24785.176	*	365 / 4
=	67.83

JVM Co Days Payable Related Terms

Thank you for viewing the detailed overview of JVM Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

JVM Co (XKRX:054950) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » JVM Co Ltd (XKRX:054950) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

357-96, Hosan-Dong, Dalseo-Gu, Daegu, KOR, 704-946

Website

http://www.myjvm.co.kr

JVM Co Ltd is a Korea based healthcare solutions provider. Its core business involves the manufacture of pharmacy automation systems such as automatic tablet dispensing, automatic tablet classification and packing machines. The company also engages in developing safety products including automatic medication vision inspection systems, automatic medication sorting and control systems.

JVM Co (XKRX:054950) Headlines

No Headlines