Kangwon Energy Co (XKRX:114190) Days Payable : 71.09 (As of Dec. 2023)

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What is Kangwon Energy Co Days Payable?

Kangwon Energy Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩43,808 Mil. Kangwon Energy Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩56,232 Mil. Hence, Kangwon Energy Co's Days Payable for the three months ended in Dec. 2023 was 71.09.

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

XKRX:114190' s Days Payable Range Over the Past 10 Years
Min: 44.44 Med: 72.88 Max: 109.56
Current: 73.42

During the past 13 years, Kangwon Energy Co's highest Days Payable was 109.56. The lowest was 44.44. And the median was 72.88.

XKRX:114190's Days Payable is ranked worse than
52.42% of 2928 companies
in the Industrial Products industry
Industry Median: 76.5 vs XKRX:114190: 73.42

Kangwon Energy Co's Days Payable increased from Dec. 2022 (63.09) to Dec. 2023 (71.09). It may suggest that Kangwon Energy Co delayed paying its suppliers.

Kangwon Energy Co Days Payable Historical Data

The historical data trend for Kangwon Energy 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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Kangwon Energy Co Days Payable Chart

Kangwon Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

77.39

68.36

44.44

46.37

109.56

Kangwon Energy 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															63.09	61.42	54.34	60.18	71.09

Competitive Comparison of Kangwon Energy Co's Days Payable

For the Specialty Industrial Machinery subindustry, Kangwon Energy 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.

Kangwon Energy Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kangwon Energy Co's Days Payable distribution charts can be found below:

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

Kangwon Energy 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.

Kangwon Energy 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
=	( (12817.393	+	61475.814)	/	2 )	/	123756.152	*	365
=	37146.6035					/	123756.152	*	365
=	109.56

Kangwon Energy 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
=	( (26139.247	+	61475.814)	/	2 )	/	56231.688	*	365 / 4
=	43807.5305					/	56231.688	*	365 / 4
=	71.09

Kangwon Energy Co Days Payable Related Terms

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Kangwon Energy Co (XKRX:114190) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kangwon Energy Co Ltd (XKRX:114190) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

919-18, Poseungjangan-ro, Jangan-Myeon, Gyeoggi-do, Hwaseong-si, KOR

Website

http://www.kwb21.com

Kangwon Energy Co Ltd formerly Kangwon Co Ltd is a Korea based energy plant company. It operates in the business areas of Industrial boilers, Chemical equipment, Environmental energy equipment and New renewable energy. In the Industrial boilers business area, the company offers designing, manufacturing and installation services for the water tube boiler and hot water boiler. In the Chemical equipment business area, the organization offers sulfur recovery equipment and heat transfer medium boiler. Environmental energy equipment business area covers waste heat recovery equipment, HRSG and Biomass boiler, whereas New and renewable energy business area includes the construction and operation of the new and renewable energy plant.

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