Nano Chem Tech (XKRX:091970) Days Payable : 35.62 (As of Mar. 2024)

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What is Nano Chem Tech Days Payable?

Nano Chem Tech's average Accounts Payable for the three months ended in Mar. 2024 was ₩3,554 Mil. Nano Chem Tech's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩9,106 Mil. Hence, Nano Chem Tech's Days Payable for the three months ended in Mar. 2024 was 35.62.

The historical rank and industry rank for Nano Chem Tech's Days Payable or its related term are showing as below:

XKRX:091970' s Days Payable Range Over the Past 10 Years
Min: 18.08 Med: 38 Max: 45.79
Current: 36.79

During the past 13 years, Nano Chem Tech's highest Days Payable was 45.79. The lowest was 18.08. And the median was 38.00.

XKRX:091970's Days Payable is ranked worse than
73.75% of 1497 companies
in the Chemicals industry
Industry Median: 60.59 vs XKRX:091970: 36.79

Nano Chem Tech's Days Payable declined from Mar. 2023 (46.17) to Mar. 2024 (35.62). It may suggest that Nano Chem Tech accelerated paying its suppliers.

Nano Chem Tech Days Payable Historical Data

The historical data trend for Nano Chem Tech'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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Nano Chem Tech Days Payable Chart

Nano Chem Tech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

18.08

22.92

38.33

38.96

37.66

Nano Chem Tech 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															46.17	40.52	40.46	33.12	35.62

Competitive Comparison of Nano Chem Tech's Days Payable

For the Specialty Chemicals subindustry, Nano Chem Tech'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.

Nano Chem Tech's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nano Chem Tech's Days Payable distribution charts can be found below:

* The bar in red indicates where Nano Chem Tech's Days Payable falls into.

Nano Chem Tech 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.

Nano Chem Tech'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
=	( (4130.61	+	3219.676)	/	2 )	/	35619.367	*	365
=	3675.143					/	35619.367	*	365
=	37.66

Nano Chem Tech'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
=	( (3219.676	+	3889.189)	/	2 )	/	9105.895	*	365 / 4
=	3554.4325					/	9105.895	*	365 / 4
=	35.62

Nano Chem Tech Days Payable Related Terms

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Nano Chem Tech (XKRX:091970) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nano Chem Tech Inc (XKRX:091970) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

482-2 Chang-ri Namsa-myeon, Cheoin-gu, Yongin-si, kyonggi-do, KOR, 449-885

Website

http://www.nanochemtech.co.kr

Nano Chem Tech Inc is a South Korea based company engages in the manufacturing and distribution of organic conducting polymers. Its products include conducting sheet, conducting coating solution, advanced materials, anti-static film, metal PCB, and conducting EPP.

Nano Chem Tech (XKRX:091970) Headlines

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