JC Chemical Co (XKRX:137950) Days Payable : 13.74 (As of Mar. 2024)

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What is JC Chemical Co Days Payable?

JC Chemical Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩12,046 Mil. JC Chemical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩80,020 Mil. Hence, JC Chemical Co's Days Payable for the three months ended in Mar. 2024 was 13.74.

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

XKRX:137950' s Days Payable Range Over the Past 10 Years
Min: 6.41 Med: 9.42 Max: 15.69
Current: 12.39

During the past 13 years, JC Chemical Co's highest Days Payable was 15.69. The lowest was 6.41. And the median was 9.42.

XKRX:137950's Days Payable is ranked worse than
95.66% of 1498 companies
in the Chemicals industry
Industry Median: 60.475 vs XKRX:137950: 12.39

JC Chemical Co's Days Payable increased from Mar. 2023 (7.13) to Mar. 2024 (13.74). It may suggest that JC Chemical Co delayed paying its suppliers.

JC Chemical Co Days Payable Historical Data

The historical data trend for JC Chemical 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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JC Chemical Co Days Payable Chart

JC Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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15.69

13.09

7.77

7.22

7.83

JC Chemical 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															7.13	8.33	14.54	14.84	13.74

Competitive Comparison of JC Chemical Co's Days Payable

For the Chemicals subindustry, JC Chemical 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.

JC Chemical Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, JC Chemical Co's Days Payable distribution charts can be found below:

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

JC Chemical 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.

JC Chemical 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
=	( (9568.765	+	7062.326)	/	2 )	/	387729.419	*	365
=	8315.5455					/	387729.419	*	365
=	7.83

JC Chemical 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
=	( (7062.326	+	17030.468)	/	2 )	/	80020.022	*	365 / 4
=	12046.397					/	80020.022	*	365 / 4
=	13.74

JC Chemical Co Days Payable Related Terms

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JC Chemical Co (XKRX:137950) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » JC Chemical Co Ltd (XKRX:137950) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Hwasan-Ri 354, Onsan-eup, Ulju-Gun, Ulsan, KOR, 689-896

Website

http://www.jcchemical.co.kr

JC Chemical Co Ltd is a South Korean company operating in the chemical industry. The products manufactured by the company include biodiesel and diesel oil.

JC Chemical Co (XKRX:137950) Headlines

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