Ecocab Co (XKRX:128540) Days Payable : 25.01 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Ecocab Co Days Payable?

Ecocab Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩8,161 Mil. Ecocab Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩29,779 Mil. Hence, Ecocab Co's Days Payable for the three months ended in Mar. 2024 was 25.01.

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

XKRX:128540' s Days Payable Range Over the Past 10 Years
Min: 27.84 Med: 43.71 Max: 50.11
Current: 31.33

During the past 9 years, Ecocab Co's highest Days Payable was 50.11. The lowest was 27.84. And the median was 43.71.

XKRX:128540's Days Payable is ranked worse than
84.74% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 66.62 vs XKRX:128540: 31.33

Ecocab Co's Days Payable declined from Mar. 2023 (33.03) to Mar. 2024 (25.01). It may suggest that Ecocab Co accelerated paying its suppliers.

Ecocab Co Days Payable Historical Data

The historical data trend for Ecocab 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.

* Premium members only.

Ecocab Co Days Payable Chart

Ecocab Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

50.11

43.38

35.19

29.76

27.84

Ecocab 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															33.03	31.66	34.71	32.79	25.01

Competitive Comparison of Ecocab Co's Days Payable

For the Auto Parts subindustry, Ecocab 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.

Ecocab Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ecocab Co's Days Payable distribution charts can be found below:

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

Ecocab 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.

Ecocab 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
=	( (9789.55	+	7519.537)	/	2 )	/	113474.611	*	365
=	8654.5435					/	113474.611	*	365
=	27.84

Ecocab 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
=	( (7519.537	+	8801.628)	/	2 )	/	29778.521	*	365 / 4
=	8160.5825					/	29778.521	*	365 / 4
=	25.01

Ecocab Co Days Payable Related Terms

Thank you for viewing the detailed overview of Ecocab Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Ecocab Co (XKRX:128540) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ecocab Co Ltd (XKRX:128540) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Bancheon Industrial Road, Uljang-eup, Han-cheon, Ulsan, KOR, 137-66

Website

http://www.ecocab.co.kr

Ecocab Co Ltd operates in the automotive cable manufacturing industry. Products offered by the company include wire and cables. wiring harness, protection and bulb socket.

Ecocab Co (XKRX:128540) Headlines

No Headlines