Innocean Worldwide (XKRX:214320) Days Payable : 69.33 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Innocean Worldwide Days Payable?

Innocean Worldwide's average Accounts Payable for the three months ended in Mar. 2024 was ₩210,109 Mil. Innocean Worldwide's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩276,527 Mil. Hence, Innocean Worldwide's Days Payable for the three months ended in Mar. 2024 was 69.33.

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

XKRX:214320' s Days Payable Range Over the Past 10 Years
Min: 75.51 Med: 195.35 Max: 489.64
Current: 77.39

During the past 10 years, Innocean Worldwide's highest Days Payable was 489.64. The lowest was 75.51. And the median was 195.35.

XKRX:214320's Days Payable is ranked worse than
51.24% of 931 companies
in the Media - Diversified industry
Industry Median: 79.7 vs XKRX:214320: 77.39

Innocean Worldwide's Days Payable declined from Mar. 2023 (96.75) to Mar. 2024 (69.33). It may suggest that Innocean Worldwide accelerated paying its suppliers.

Innocean Worldwide Days Payable Historical Data

The historical data trend for Innocean Worldwide'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.

Innocean Worldwide Days Payable Chart

Innocean Worldwide Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

119.56

142.08

116.38

109.43

75.51

Innocean Worldwide 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															96.75	85.52	80.14	55.51	69.33

Competitive Comparison of Innocean Worldwide's Days Payable

For the Advertising Agencies subindustry, Innocean Worldwide'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.

Innocean Worldwide's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Innocean Worldwide's Days Payable distribution charts can be found below:

* The bar in red indicates where Innocean Worldwide's Days Payable falls into.

Innocean Worldwide 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.

Innocean Worldwide'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
=	( (304293.245	+	210108.618)	/	2 )	/	1243198.484	*	365
=	257200.9315					/	1243198.484	*	365
=	75.51

Innocean Worldwide'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
=	( (210108.618	+	0)	/	1 )	/	276526.594	*	365 / 4
=	210108.618					/	276526.594	*	365 / 4
=	69.33

Innocean Worldwide Days Payable Related Terms

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

Innocean Worldwide (XKRX:214320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Innocean Worldwide Inc (XKRX:214320) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

308, Gangnam-daero, Gangnam-gu, Seoul, KOR

Website

http://www.innocean.com

Innocean Worldwide Inc is a Korea-based company that conducts its business as an advertising agency. The company is engaged in the production of commercial advertising and promotional materials, and other related business activities. The group has a single segment of advertising agencies, from where it generates its entire revenue.

Innocean Worldwide (XKRX:214320) Headlines

No Headlines