MegaStudyEdu Co (XKRX:215200) Days Payable : 30.03 (As of Mar. 2024)

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What is MegaStudyEdu Co Days Payable?

MegaStudyEdu Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩37,705 Mil. MegaStudyEdu Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩114,576 Mil. Hence, MegaStudyEdu Co's Days Payable for the three months ended in Mar. 2024 was 30.03.

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

XKRX:215200' s Days Payable Range Over the Past 10 Years
Min: 13.92 Med: 23.11 Max: 38
Current: 33.88

During the past 9 years, MegaStudyEdu Co's highest Days Payable was 38.00. The lowest was 13.92. And the median was 23.11.

XKRX:215200's Days Payable is ranked worse than
52.11% of 213 companies
in the Education industry
Industry Median: 37.29 vs XKRX:215200: 33.88

MegaStudyEdu Co's Days Payable declined from Mar. 2023 (30.44) to Mar. 2024 (30.03). It may suggest that MegaStudyEdu Co accelerated paying its suppliers.

MegaStudyEdu Co Days Payable Historical Data

The historical data trend for MegaStudyEdu 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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MegaStudyEdu Co Days Payable Chart

MegaStudyEdu Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

23.11

30.54

34.58

38.00

34.08

MegaStudyEdu 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															30.44	34.02	32.28	40.05	30.03

Competitive Comparison of MegaStudyEdu Co's Days Payable

For the Education & Training Services subindustry, MegaStudyEdu 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.

MegaStudyEdu Co's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, MegaStudyEdu Co's Days Payable distribution charts can be found below:

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

MegaStudyEdu 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.

MegaStudyEdu 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
=	( (38517.369	+	37704.867)	/	2 )	/	408137.261	*	365
=	38111.118					/	408137.261	*	365
=	34.08

MegaStudyEdu 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
=	( (37704.867	+	0)	/	1 )	/	114575.857	*	365 / 4
=	37704.867					/	114575.857	*	365 / 4
=	30.03

MegaStudyEdu Co Days Payable Related Terms

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MegaStudyEdu Co (XKRX:215200) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » MegaStudyEdu Co Ltd (XKRX:215200) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

321 Dukwon Building, Seocho-gu, Hyoryeong, Seoul, KOR, 137-070

Website

http://corp.megastudy.net

MegaStudyEdu Co Ltd is a Korean company that operates in the education sector. The company operates online education institute, provides educational information and consulting for entrance examination, and offline school direct business.

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