Jiransecurity Co (XKRX:208350) Days Payable : 9.75 (As of Mar. 2024)

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What is Jiransecurity Co Days Payable?

Jiransecurity Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩367 Mil. Jiransecurity Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩3,435 Mil. Hence, Jiransecurity Co's Days Payable for the three months ended in Mar. 2024 was 9.75.

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

XKRX:208350' s Days Payable Range Over the Past 10 Years
Min: 15.76 Med: 58.45 Max: 93.9
Current: 15.76

During the past 10 years, Jiransecurity Co's highest Days Payable was 93.90. The lowest was 15.76. And the median was 58.45.

XKRX:208350's Days Payable is ranked worse than
84.79% of 2524 companies
in the Software industry
Industry Median: 49.575 vs XKRX:208350: 15.76

Jiransecurity Co's Days Payable declined from Mar. 2023 (79.41) to Mar. 2024 (9.75). It may suggest that Jiransecurity Co accelerated paying its suppliers.

Jiransecurity Co Days Payable Historical Data

The historical data trend for Jiransecurity 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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Jiransecurity Co Days Payable Chart

Jiransecurity Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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53.39

61.42

58.45

93.90

43.76

Jiransecurity 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															79.41	17.68	16.88	6.97	9.75

Competitive Comparison of Jiransecurity Co's Days Payable

For the Software - Application subindustry, Jiransecurity 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.

Jiransecurity Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Jiransecurity Co's Days Payable distribution charts can be found below:

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

Jiransecurity 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.

Jiransecurity 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
=	( (2997.575	+	463.789)	/	2 )	/	14434.169	*	365
=	1730.682					/	14434.169	*	365
=	43.76

Jiransecurity 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
=	( (463.789	+	270.405)	/	2 )	/	3435.193	*	365 / 4
=	367.097					/	3435.193	*	365 / 4
=	9.75

Jiransecurity Co Days Payable Related Terms

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Jiransecurity Co (XKRX:208350) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Jiransecurity Co Ltd (XKRX:208350) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Gukjegeumyung-ro 8-gil, Yeouido-dong, Yeongdeungpo-gu, Seoul, KOR

Website

http://www.jiransecurity.com

Jiransecurity Co Ltd is a software company. It provides security solutions for mail security, document security, mobile security. The company also provides Cryptocurrency Hardware Wallet.

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