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DeepMind Platform Co (XKRX:223310) Days Payable : 25.20 (As of Mar. 2024)


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What is DeepMind Platform Co Days Payable?

DeepMind Platform Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩990 Mil. DeepMind Platform Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩3,584 Mil. Hence, DeepMind Platform Co's Days Payable for the three months ended in Mar. 2024 was 25.20.

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

XKRX:223310' s Days Payable Range Over the Past 10 Years
Min: 20.15   Med: 37.01   Max: 102.36
Current: 27.43

During the past 10 years, DeepMind Platform Co's highest Days Payable was 102.36. The lowest was 20.15. And the median was 37.01.

XKRX:223310's Days Payable is ranked worse than
69.85% of 2531 companies
in the Software industry
Industry Median: 50.36 vs XKRX:223310: 27.43

DeepMind Platform Co's Days Payable declined from Mar. 2023 (26.28) to Mar. 2024 (25.20). It may suggest that DeepMind Platform Co accelerated paying its suppliers.


DeepMind Platform Co Days Payable Historical Data

The historical data trend for DeepMind Platform 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.

* Premium members only.

DeepMind Platform Co Days Payable Chart

DeepMind Platform Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.14 102.36 52.95 32.71 20.15

DeepMind Platform 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.28 32.86 29.62 28.20 25.20

Competitive Comparison of DeepMind Platform Co's Days Payable

For the Software - Application subindustry, DeepMind Platform 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.


DeepMind Platform Co's Days Payable Distribution in the Software Industry

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

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



DeepMind Platform 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.

DeepMind Platform 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
=( (1145.715 + 989.773) / 2 ) / 19344.481*365
=1067.744 / 19344.481*365
=20.15

DeepMind Platform 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
=( (989.773 + 0) / 1 ) / 3584.397*365 / 4
=989.773 / 3584.397*365 / 4
=25.20

* 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.


DeepMind Platform Co Days Payable Related Terms

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DeepMind Platform Co (XKRX:223310) Business Description

Traded in Other Exchanges
N/A
Address
167, Songpa-daero, 1306, Tower A, Songpa-daero, Songpa-gu, Seoul, KOR
Commerce miner Co Ltd, formerly Kyung Nam Pharm Health Care Co Ltd is a Korea based company engaged in providing image processing technology mainly into Smart Car, Smart Home, Healthcare Devices and Drone markets. The products offered by the company includes Black box products and Navigation products.

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