Tego Science (XKRX:191420) Days Payable : 6.86 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Tego Science Days Payable?

Tego Science's average Accounts Payable for the three months ended in Mar. 2024 was ₩32 Mil. Tego Science's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩427 Mil. Hence, Tego Science's Days Payable for the three months ended in Mar. 2024 was 6.86.

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

XKRX:191420' s Days Payable Range Over the Past 10 Years
Min: 3.69 Med: 5.45 Max: 29.37
Current: 6.12

During the past 11 years, Tego Science's highest Days Payable was 29.37. The lowest was 3.69. And the median was 5.45.

XKRX:191420's Days Payable is ranked worse than
99.59% of 974 companies
in the Drug Manufacturers industry
Industry Median: 89.21 vs XKRX:191420: 6.12

Tego Science's Days Payable declined from Mar. 2023 (8.63) to Mar. 2024 (6.86). It may suggest that Tego Science accelerated paying its suppliers.

Tego Science Days Payable Historical Data

The historical data trend for Tego Science'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.

Tego Science Days Payable Chart

Tego Science Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

5.02

3.69

4.03

6.08

5.87

Tego Science 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															8.63	6.32	5.76	5.14	6.86

Competitive Comparison of Tego Science's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Tego Science'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.

Tego Science's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tego Science's Days Payable distribution charts can be found below:

* The bar in red indicates where Tego Science's Days Payable falls into.

Tego Science 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.

Tego Science'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
=	( (51.18	+	28.176)	/	2 )	/	2468.276	*	365
=	39.678					/	2468.276	*	365
=	5.87

Tego Science'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
=	( (28.176	+	36.088)	/	2 )	/	427.253	*	365 / 4
=	32.132					/	427.253	*	365 / 4
=	6.86

Tego Science Days Payable Related Terms

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

Tego Science (XKRX:191420) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Tego Science Inc (XKRX:191420) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

8, Maagok central, gangseo-gu, Seoul, KOR

Website

http://www.tegoscience.com

Tego Science Inc is a biotech company that researches and develops regenerative medicine. It is engaged in the production of epidermis and cornea wound healing solution. Its products include Holoderm, SkinBank, Kaloderm, and Neoderm. It also provides testing services.

Tego Science (XKRX:191420) Headlines

No Headlines