KOAS CO (XKRX:071950) Days Payable : 70.70 (As of Mar. 2024)

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What is KOAS CO Days Payable?

KOAS CO's average Accounts Payable for the three months ended in Mar. 2024 was ₩11,978 Mil. KOAS CO's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩15,458 Mil. Hence, KOAS CO's Days Payable for the three months ended in Mar. 2024 was 70.70.

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

XKRX:071950' s Days Payable Range Over the Past 10 Years
Min: 69.25 Med: 88.91 Max: 132.01
Current: 76.77

During the past 13 years, KOAS CO's highest Days Payable was 132.01. The lowest was 69.25. And the median was 88.91.

XKRX:071950's Days Payable is ranked better than
56.82% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.13 vs XKRX:071950: 76.77

KOAS CO's Days Payable declined from Mar. 2023 (79.02) to Mar. 2024 (70.70). It may suggest that KOAS CO accelerated paying its suppliers.

KOAS CO Days Payable Historical Data

The historical data trend for KOAS 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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KOAS CO Days Payable Chart

KOAS CO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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80.10

71.66

69.25

83.95

89.59

KOAS 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															79.02	95.79	90.19	59.99	70.70

Competitive Comparison of KOAS CO's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, KOAS 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.

KOAS CO's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, KOAS CO's Days Payable distribution charts can be found below:

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

KOAS 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.

KOAS 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
=	( (14417.007	+	12366.833)	/	2 )	/	54561.362	*	365
=	13391.92					/	54561.362	*	365
=	89.59

KOAS 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
=	( (12366.833	+	11588.6)	/	2 )	/	15458.402	*	365 / 4
=	11977.7165					/	15458.402	*	365 / 4
=	70.70

KOAS CO Days Payable Related Terms

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KOAS CO (XKRX:071950) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » KOAS CO LTD (XKRX:071950) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

17, Seonyu-ro 52-gil, Yeongdeungpo-gu, Seoul, KOR, 07222

Website

http://www.ikoas.com

KOAS CO LTD is a Korea based company engaged in manufacturing and selling office furniture. Its product portfolio such as executive furniture, conference table, classroom furniture, laboratory furniture, dormitory furniture, executive chairs, U.S. army furniture, sofa and multi-use chairs, among others. The organization sells its products in Korea, and also exports it to various other countries.

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