NIBEC Co (XKRX:138610) Days Payable : 7.59 (As of Dec. 2024)

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What is NIBEC Co Days Payable?

NIBEC Co's average Accounts Payable for the three months ended in Dec. 2024 was ₩303 Mil. NIBEC Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩3,646 Mil. Hence, NIBEC Co's Days Payable for the three months ended in Dec. 2024 was 7.59.

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

XKRX:138610' s Days Payable Range Over the Past 10 Years
Min: 7.31 Med: 11.86 Max: 17.63
Current: 7.32

During the past 13 years, NIBEC Co's highest Days Payable was 17.63. The lowest was 7.31. And the median was 11.86.

XKRX:138610's Days Payable is ranked worse than
96.88% of 706 companies
in the Biotechnology industry
Industry Median: 115.68 vs XKRX:138610: 7.32

NIBEC Co's Days Payable declined from Dec. 2023 (8.29) to Dec. 2024 (7.59). It may suggest that NIBEC Co accelerated paying its suppliers.

NIBEC Co Days Payable Historical Data

The historical data trend for NIBEC 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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NIBEC Co Days Payable Chart

NIBEC Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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13.49

7.31

8.59

11.44

7.93

NIBEC 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															8.29	8.24	6.04	6.63	7.59

Competitive Comparison of NIBEC Co's Days Payable

For the Biotechnology subindustry, NIBEC 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.

NIBEC Co's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, NIBEC Co's Days Payable distribution charts can be found below:

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

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NIBEC 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.

NIBEC 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
=	( (218.531	+	297.01)	/	2 )	/	11869.6	*	365
=	257.7705					/	11869.6	*	365
=	7.93

NIBEC 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
=	( (309.85	+	297.01)	/	2 )	/	3645.792	*	365 / 4
=	303.43					/	3645.792	*	365 / 4
=	7.59

NIBEC Co Days Payable Related Terms

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NIBEC Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » NIBEC Co Ltd (XKRX:138610) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Iwol Electronics & Civil Engineering & Construction 1 Complex, Jincheon-hun, KOR

Website

http://www.nibec.co.kr

NIBEC Co Ltd is a South Korea based biotechnology company. It manufactures and markets medicines for mouth, teeth health and tissue recovery. The company's main products are teeth whitening products, materials related to a dental implant, Regenomer, Equimatrix-collagen, OssGen-X 15. It is also involved in cosmetic production and sales.

NIBEC Co Headlines

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