CQV Co (XKRX:101240) Days Payable : 9.22 (As of Dec. 2024)

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What is CQV Co Days Payable?

CQV Co's average Accounts Payable for the three months ended in Dec. 2024 was ₩913 Mil. CQV Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩9,045 Mil. Hence, CQV Co's Days Payable for the three months ended in Dec. 2024 was 9.22.

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

XKRX:101240' s Days Payable Range Over the Past 10 Years
Min: 9.06 Med: 13.34 Max: 20.72
Current: 13.78

During the past 13 years, CQV Co's highest Days Payable was 20.72. The lowest was 9.06. And the median was 13.34.

XKRX:101240's Days Payable is ranked worse than
94.77% of 1511 companies
in the Chemicals industry
Industry Median: 58.22 vs XKRX:101240: 13.78

CQV Co's Days Payable declined from Dec. 2023 (16.44) to Dec. 2024 (9.22). It may suggest that CQV Co accelerated paying its suppliers.

CQV Co Days Payable Historical Data

The historical data trend for CQV 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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CQV Co Days Payable Chart

CQV Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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14.15

9.06

9.96

11.49

11.76

CQV Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															16.44	18.27	16.85	12.61	9.22

Competitive Comparison of CQV Co's Days Payable

For the Chemicals subindustry, CQV 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.

CQV Co's Days Payable Distribution in the Chemicals Industry

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

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

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CQV 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.

CQV Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (1482.75	+	836.012)	/	2 )	/	35997.41	*	365
=	1159.381					/	35997.41	*	365
=	11.76

CQV Co's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (990.827	+	836.012)	/	2 )	/	9044.65	*	365 / 4
=	913.4195					/	9044.65	*	365 / 4
=	9.22

CQV Co Days Payable Related Terms

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CQV Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » CQV Co Ltd (XKRX:101240) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

144, Seongjung-ro, Chungcheong Buk-Do, Jincheon, KOR, 365-802

Website

http://www.cqv.co.kr

CQV Co Ltd manufactures nacreous pigments used in cosmetics and automobiles. Its products mostly used for paints. The company's products include synthetic mica, glass flake, natural mica, and alumina pigments. It provides metal oxides for inorganic pigments and related products.

CQV Co Headlines

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