Golfzon Newdin Holdings Co (XKRX:121440) Days Payable : 48.03 (As of Sep. 2024)

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What is Golfzon Newdin Holdings Co Days Payable?

Golfzon Newdin Holdings Co's average Accounts Payable for the three months ended in Sep. 2024 was ₩36,239 Mil. Golfzon Newdin Holdings Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩68,853 Mil. Hence, Golfzon Newdin Holdings Co's Days Payable for the three months ended in Sep. 2024 was 48.03.

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

XKRX:121440' s Days Payable Range Over the Past 10 Years
Min: 10.86 Med: 22.95 Max: 45.92
Current: 45.92

During the past 13 years, Golfzon Newdin Holdings Co's highest Days Payable was 45.92. The lowest was 10.86. And the median was 22.95.

XKRX:121440's Days Payable is ranked worse than
57.71% of 428 companies
in the Interactive Media industry
Industry Median: 60.905 vs XKRX:121440: 45.92

Golfzon Newdin Holdings Co's Days Payable increased from Sep. 2023 (42.59) to Sep. 2024 (48.03). It may suggest that Golfzon Newdin Holdings Co delayed paying its suppliers.

Golfzon Newdin Holdings Co Days Payable Historical Data

The historical data trend for Golfzon Newdin Holdings 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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Golfzon Newdin Holdings Co Days Payable Chart

Golfzon Newdin Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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33.07

27.48

18.91

11.67

10.86

Golfzon Newdin Holdings Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															42.59	29.74	47.81	57.36	48.03

Competitive Comparison of Golfzon Newdin Holdings Co's Days Payable

For the Electronic Gaming & Multimedia subindustry, Golfzon Newdin Holdings 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.

Golfzon Newdin Holdings Co's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Golfzon Newdin Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Golfzon Newdin Holdings Co's Days Payable falls into.

Golfzon Newdin Holdings 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.

Golfzon Newdin Holdings 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
=	( (7975.842	+	7981.622)	/	2 )	/	268253.772	*	365
=	7978.732					/	268253.772	*	365
=	10.86

Golfzon Newdin Holdings Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (41477.976	+	30999.609)	/	2 )	/	68853.292	*	365 / 4
=	36238.7925					/	68853.292	*	365 / 4
=	48.03

Golfzon Newdin Holdings Co Days Payable Related Terms

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Golfzon Newdin Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Golfzon Newdin Holdings Co Ltd (XKRX:121440) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

735, Yeongdong Daero Road, Gangnam-gu, Seoul, KOR, 305-510

Website

http://www.golfzonnewdin.com

Golfzon Newdin Holdings Co Ltd is a Korea based company involved in the development of golf game software. The firm provides golf simulators which include GDR hardware and software, vision hardware and software and real hardware and software and swing talk technologies. The company mainly operates in China, Japan, Asia, Europe, Oceania, and North America.

Golfzon Newdin Holdings Co Headlines

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