Wooyang Co (XKRX:103840) Days Payable : 66.02 (As of Mar. 2024)

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What is Wooyang Co Days Payable?

Wooyang Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩27,973 Mil. Wooyang Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩38,665 Mil. Hence, Wooyang Co's Days Payable for the three months ended in Mar. 2024 was 66.02.

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

XKRX:103840' s Days Payable Range Over the Past 10 Years
Min: 52.69 Med: 55.19 Max: 58.77
Current: 55.23

During the past 7 years, Wooyang Co's highest Days Payable was 58.77. The lowest was 52.69. And the median was 55.19.

XKRX:103840's Days Payable is ranked better than
59.54% of 1792 companies
in the Consumer Packaged Goods industry
Industry Median: 46.25 vs XKRX:103840: 55.23

Wooyang Co's Days Payable increased from Mar. 2023 (55.46) to Mar. 2024 (66.02). It may suggest that Wooyang Co delayed paying its suppliers.

Wooyang Co Days Payable Historical Data

The historical data trend for Wooyang 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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Wooyang Co Days Payable Chart

Wooyang Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

55.19

53.49

54.63

52.69

56.24

Wooyang 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															55.46	50.77	53.51	56.34	66.02

Competitive Comparison of Wooyang Co's Days Payable

For the Packaged Foods subindustry, Wooyang 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.

Wooyang Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wooyang Co's Days Payable distribution charts can be found below:

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

Wooyang 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.

Wooyang 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
=	( (23149.881	+	30130.495)	/	2 )	/	172882.04	*	365
=	26640.188					/	172882.04	*	365
=	56.24

Wooyang 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
=	( (30130.495	+	25814.749)	/	2 )	/	38665.225	*	365 / 4
=	27972.622					/	38665.225	*	365 / 4
=	66.02

Wooyang Co Days Payable Related Terms

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Wooyang Co (XKRX:103840) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wooyang Co Ltd (XKRX:103840) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

357, Jangsan-ro, Chungcheongnam-do, Seocheon, KOR

Website

http://www.foodkorea.com

Wooyang Co Ltd is engaged in food manufacturing activities. It manufactures agroforestry products, canned fruit, quasi-prepared foods, and ready-to-eat foods. The company's customers include manufacturing distributors such as CJ CheilJedang and Pulmuone Foods, and food franchise companies such as Starbucks, Idiya, and Hallis. It is specialized in frozen processed foods such as hot dogs and agricultural products. Its business is divided into product import, material processing, and finished product production. The company distributes its products through a franchise, retail, and export.

Wooyang Co (XKRX:103840) Headlines

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