CIAAT Co (XKRX:103660) Days Payable : 38.55 (As of Dec. 2022)

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What is CIAAT Co Days Payable?

CIAAT Co's average Accounts Payable for the six months ended in Dec. 2022 was ₩1,965 Mil. CIAAT Co's Cost of Goods Sold for the six months ended in Dec. 2022 was ₩18,603 Mil. Hence, CIAAT Co's Days Payable for the six months ended in Dec. 2022 was 19.27.

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

XKRX:103660' s Days Payable Range Over the Past 10 Years
Min: 20.52 Med: 34.93 Max: 41.98
Current: 38.55

During the past 4 years, CIAAT Co's highest Days Payable was 41.98. The lowest was 20.52. And the median was 34.93.

XKRX:103660's Days Payable is ranked worse than
72.02% of 1501 companies
in the Chemicals industry
Industry Median: 60.44 vs XKRX:103660: 38.55

CIAAT Co's Days Payable increased from Dec. 2020 (31.31) to Dec. 2022 (38.55). It may suggest that CIAAT Co delayed paying its suppliers.

CIAAT Co Days Payable Historical Data

The historical data trend for CIAAT 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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CIAAT Co Days Payable Chart

CIAAT Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

20.52

31.31

41.98

38.55

CIAAT Co Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22
Days Payable	20.52	31.31	41.98	38.55

Competitive Comparison of CIAAT Co's Days Payable

For the Specialty Chemicals subindustry, CIAAT 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.

CIAAT Co's Days Payable Distribution in the Chemicals Industry

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

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

CIAAT 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.

CIAAT Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (2046.775	+	1882.254)	/	2 )	/	18602.728	*	365
=	1964.5145					/	18602.728	*	365
=	38.55

CIAAT Co's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (2046.775	+	1882.254)	/	2 )	/	18602.728	*	365 / 2
=	1964.5145					/	18602.728	*	365 / 2
=	19.27

CIAAT Co Days Payable Related Terms

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CIAAT Co (XKRX:103660) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » CIAAT Co Ltd (XKRX:103660) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

926 Woljeon-Dong, Gwangsan-gu, Gwangju, KOR, 506-501

Website

http://www.ciaat.net

CIAAT Co Ltd is engaged in the manufacturing of printing papers and ink ribbon used to form dye sublimation printing technology. It offers award-consuming photo printing photo printer, card field with colored ribbons and holographic. The products offered by the company includes 58, 60 and 100mm width color ribbon, 2,3,5,6,7 panel D2T2 ribbons, monochrome and others.

CIAAT Co (XKRX:103660) Headlines

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