NICE Total Cash Management Co (XKRX:063570) Days Payable : 45.38 (As of Sep. 2024)

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What is NICE Total Cash Management Co Days Payable?

NICE Total Cash Management Co's average Accounts Payable for the three months ended in Sep. 2024 was ₩2,055 Mil. NICE Total Cash Management Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩4,131 Mil. Hence, NICE Total Cash Management Co's Days Payable for the three months ended in Sep. 2024 was 45.38.

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

XKRX:063570' s Days Payable Range Over the Past 10 Years
Min: 35.51 Med: 44.09 Max: 80.33
Current: 80.33

During the past 13 years, NICE Total Cash Management Co's highest Days Payable was 80.33. The lowest was 35.51. And the median was 44.09.

XKRX:063570's Days Payable is ranked better than
68.86% of 912 companies
in the Business Services industry
Industry Median: 46.675 vs XKRX:063570: 80.33

NICE Total Cash Management Co's Days Payable increased from Sep. 2023 (39.71) to Sep. 2024 (45.38). It may suggest that NICE Total Cash Management Co delayed paying its suppliers.

NICE Total Cash Management Co Days Payable Historical Data

The historical data trend for NICE Total Cash Management 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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NICE Total Cash Management Co Days Payable Chart

NICE Total Cash Management Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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39.82

77.17

57.36

64.63

40.05

NICE Total Cash Management 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															39.71	31.41	-	42.43	45.38

Competitive Comparison of NICE Total Cash Management Co's Days Payable

For the Specialty Business Services subindustry, NICE Total Cash Management 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.

NICE Total Cash Management Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, NICE Total Cash Management Co's Days Payable distribution charts can be found below:

* The bar in red indicates where NICE Total Cash Management Co's Days Payable falls into.

NICE Total Cash Management 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.

NICE Total Cash Management 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
=	( (5707.023	+	8740.409)	/	2 )	/	65830.925	*	365
=	7223.716					/	65830.925	*	365
=	40.05

NICE Total Cash Management 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
=	( (2083.713	+	2025.508)	/	2 )	/	4131.233	*	365 / 4
=	2054.6105					/	4131.233	*	365 / 4
=	45.38

NICE Total Cash Management Co Days Payable Related Terms

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NICE Total Cash Management Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » NICE Total Cash Management Co Ltd (XKRX:063570) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

217, Mapo Boulevard, Mapo-gu, Seoul, KOR

Website

http://www.nicetcm.co.kr

NICE Total Cash Management Co Ltd is a South Korea based company engages in the provision of an automated teller machine (ATM) related services. It offers automatic teller machines (ATMs) management services, cash dispenser (CD) VAN services, digital video recorder (DVR), and cash logistics.

NICE Total Cash Management Co Headlines

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