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Incon Co (XKRX:083640) Days Payable : 13.85 (As of Dec. 2023)


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What is Incon Co Days Payable?

Incon Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩2,779 Mil. Incon Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩18,307 Mil. Hence, Incon Co's Days Payable for the three months ended in Dec. 2023 was 13.85.

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

XKRX:083640' s Days Payable Range Over the Past 10 Years
Min: 15.61   Med: 21.29   Max: 36.55
Current: 16.7

During the past 13 years, Incon Co's highest Days Payable was 36.55. The lowest was 15.61. And the median was 21.29.

XKRX:083640's Days Payable is ranked worse than
82.47% of 924 companies
in the Business Services industry
Industry Median: 47.115 vs XKRX:083640: 16.70

Incon Co's Days Payable increased from Dec. 2022 (8.91) to Dec. 2023 (13.85). It may suggest that Incon Co delayed paying its suppliers.


Incon Co Days Payable Historical Data

The historical data trend for Incon 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.

Incon Co Days Payable Chart

Incon 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 24.79 15.61 19.64 18.80 17.76

Incon Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8.91 19.75 17.72 16.37 13.85

Competitive Comparison of Incon Co's Days Payable

For the Security & Protection Services subindustry, Incon 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.


Incon Co's Days Payable Distribution in the Business Services Industry

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

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



Incon 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.

Incon 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
=( (1882.835 + 3349.018) / 2 ) / 53761.711*365
=2615.9265 / 53761.711*365
=17.76

Incon Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2209.116 + 3349.018) / 2 ) / 18307.238*365 / 4
=2779.067 / 18307.238*365 / 4
=13.85

* 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.


Incon Co Days Payable Related Terms

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Incon Co (XKRX:083640) Business Description

Traded in Other Exchanges
N/A
Address
Mario Tower, 7th Floor, 28, Digital-ro 30-gil, Guro-gu, Seoul, KOR, 08389
Incon Co is engaged in manufacturing of video surveillance systems in South Korea. It produces and sells products including security cameras, NVR, AHD camera, network video recorder, network IP camera, video server, software storage, and POS equipment.

Incon Co (XKRX:083640) Headlines

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