Codi Co (XKRX:224060) Days Payable : 55.59 (As of Mar. 2024)

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What is Codi Co Days Payable?

Codi Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩3,777 Mil. Codi Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩6,200 Mil. Hence, Codi Co's Days Payable for the three months ended in Mar. 2024 was 55.59.

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

XKRX:224060' s Days Payable Range Over the Past 10 Years
Min: 16.32 Med: 47.06 Max: 114.9
Current: 37.23

During the past 10 years, Codi Co's highest Days Payable was 114.90. The lowest was 16.32. And the median was 47.06.

XKRX:224060's Days Payable is ranked worse than
66.56% of 966 companies
in the Semiconductors industry
Industry Median: 51.69 vs XKRX:224060: 37.23

Codi Co's Days Payable increased from Mar. 2023 (14.61) to Mar. 2024 (55.59). It may suggest that Codi Co delayed paying its suppliers.

Codi Co Days Payable Historical Data

The historical data trend for Codi 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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Codi Co Days Payable Chart

Codi Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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92.41

60.52

42.68

51.86

41.30

Codi 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															14.61	7.01	83.88	28.67	55.59

Competitive Comparison of Codi Co's Days Payable

For the Semiconductors subindustry, Codi 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.

Codi Co's Days Payable Distribution in the Semiconductors Industry

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

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

Codi 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.

Codi 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
=	( (1372.435	+	3580.256)	/	2 )	/	21885.401	*	365
=	2476.3455					/	21885.401	*	365
=	41.30

Codi 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
=	( (3580.256	+	3974.174)	/	2 )	/	6199.889	*	365 / 4
=	3777.215					/	6199.889	*	365 / 4
=	55.59

Codi Co Days Payable Related Terms

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Codi Co (XKRX:224060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Codi Co Ltd (XKRX:224060) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

62 Baekseokgongdan 2-gil, Seobuk-gu District, Cheonan, KOR, 31094

Website

http://www.thecodi.kr

CODI-M Co Ltd, formerly known as Kodi-M Co Ltd is engaged in business of manufacturing and distributing of semiconductors.

Codi Co (XKRX:224060) Headlines

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