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Infinitt Healthcare Co (XKRX:071200) Days Payable : 40.76 (As of Sep. 2024)


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What is Infinitt Healthcare Co Days Payable?

Infinitt Healthcare Co's average Accounts Payable for the three months ended in Sep. 2024 was ₩4,160 Mil. Infinitt Healthcare Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩9,312 Mil. Hence, Infinitt Healthcare Co's Days Payable for the three months ended in Sep. 2024 was 40.76.

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

XKRX:071200' s Days Payable Range Over the Past 10 Years
Min: 43.5   Med: 51.21   Max: 74.94
Current: 47.23

During the past 13 years, Infinitt Healthcare Co's highest Days Payable was 74.94. The lowest was 43.50. And the median was 51.21.

XKRX:071200's Days Payable is ranked worse than
61.08% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 57.74 vs XKRX:071200: 47.23

Infinitt Healthcare Co's Days Payable declined from Sep. 2023 (40.82) to Sep. 2024 (40.76). It may suggest that Infinitt Healthcare Co accelerated paying its suppliers.


Infinitt Healthcare Co Days Payable Historical Data

The historical data trend for Infinitt Healthcare 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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Infinitt Healthcare Co Days Payable Chart

Infinitt Healthcare Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.19 66.01 50.42 47.54 51.99

Infinitt Healthcare 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 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 40.82 42.94 57.37 59.60 40.76

Competitive Comparison of Infinitt Healthcare Co's Days Payable

For the Health Information Services subindustry, Infinitt Healthcare 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.


Infinitt Healthcare Co's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Infinitt Healthcare Co's Days Payable distribution charts can be found below:

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



Infinitt Healthcare 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.

Infinitt Healthcare 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
=( (4743.646 + 5852.994) / 2 ) / 37200.171*365
=5298.32 / 37200.171*365
=51.99

Infinitt Healthcare 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
=( (4946.845 + 3372.47) / 2 ) / 9312.261*365 / 4
=4159.6575 / 9312.261*365 / 4
=40.76

* 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.


Infinitt Healthcare Co Days Payable Related Terms

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Infinitt Healthcare Co Business Description

Traded in Other Exchanges
N/A
Address
27 Digital-ro 34th Street, 12th Floor, Daerung Post Tower III, Guro-gu, Seoul, KOR, 08378
Infinitt Healthcare Co Ltd is a Korea based company engaged in developing digital solutions used in hospitals. It offers clinical solutions, enterprise imaging solutions and radiology solutions. Clinical solutions cover cardiology PACS, digital pathology solutions, 3D solution, 3D printing service, radiation oncology information solution and others. Radiology solutions include PACS, RIS, Data Analytics solution, Cloud PACS, TeleRadiology solution and others.

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