The Asia Business Daily Co (XKRX:127710) Days Payable : 1.99 (As of Dec. 2024)

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What is The Asia Business Daily Co Days Payable?

The Asia Business Daily Co's average Accounts Payable for the three months ended in Dec. 2024 was ₩741 Mil. The Asia Business Daily Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩33,987 Mil. Hence, The Asia Business Daily Co's Days Payable for the three months ended in Dec. 2024 was 1.99.

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

XKRX:127710' s Days Payable Range Over the Past 10 Years
Min: 1.71 Med: 3.3 Max: 35.88
Current: 4.21

During the past 11 years, The Asia Business Daily Co's highest Days Payable was 35.88. The lowest was 1.71. And the median was 3.30.

XKRX:127710's Days Payable is ranked worse than
96.77% of 433 companies
in the Interactive Media industry
Industry Median: 62.18 vs XKRX:127710: 4.21

The Asia Business Daily Co's Days Payable declined from Dec. 2023 (2.44) to Dec. 2024 (1.99). It may suggest that The Asia Business Daily Co accelerated paying its suppliers.

The Asia Business Daily Co Days Payable Historical Data

The historical data trend for The Asia Business Daily 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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The Asia Business Daily Co Days Payable Chart

The Asia Business Daily Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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17.31

35.88

3.30

3.32

3.55

The Asia Business Daily 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															2.44	4.32	5.88	9.00	1.99

Competitive Comparison of The Asia Business Daily Co's Days Payable

For the Internet Content & Information subindustry, The Asia Business Daily 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.

The Asia Business Daily Co's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, The Asia Business Daily Co's Days Payable distribution charts can be found below:

* The bar in red indicates where The Asia Business Daily Co's Days Payable falls into.

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The Asia Business Daily 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.

The Asia Business Daily 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
=	( (733.31	+	776.933)	/	2 )	/	77532.691	*	365
=	755.1215					/	77532.691	*	365
=	3.55

The Asia Business Daily 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
=	( (704.612	+	776.933)	/	2 )	/	33986.886	*	365 / 4
=	740.7725					/	33986.886	*	365 / 4
=	1.99

The Asia Business Daily Co Days Payable Related Terms

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The Asia Business Daily Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » The Asia Business Daily Co Ltd (XKRX:127710) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

10/11F Asia Media Tower, 42, Cho-Dong, Jung-Gu, Seoul, KOR, 04555

Website

http://www.asiae.co.kr

The Asia Business Daily Co Ltd is engaged in data processing, hosting, portals and other internet information media Service activities.

The Asia Business Daily Co Headlines

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