Hecto Financial Co (XKRX:234340) Days Payable : 17.08 (As of Sep. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Hecto Financial Co Days Payable?

Hecto Financial Co's average Accounts Payable for the three months ended in Sep. 2024 was ₩233 Mil. Hecto Financial Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩1,244 Mil. Hence, Hecto Financial Co's Days Payable for the three months ended in Sep. 2024 was 17.08.

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

XKRX:234340' s Days Payable Range Over the Past 10 Years
Min: 2.3 Med: 5.25 Max: 45.89
Current: 45.89

During the past 11 years, Hecto Financial Co's highest Days Payable was 45.89. The lowest was 2.30. And the median was 5.25.

XKRX:234340's Days Payable is ranked worse than
52.48% of 2523 companies
in the Software industry
Industry Median: 48.75 vs XKRX:234340: 45.89

Hecto Financial Co's Days Payable declined from Sep. 2023 (44.73) to Sep. 2024 (17.08). It may suggest that Hecto Financial Co accelerated paying its suppliers.

Hecto Financial Co Days Payable Historical Data

The historical data trend for Hecto Financial 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.

Hecto Financial Co Days Payable Chart

Hecto Financial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

8.20

2.30

Hecto Financial Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															44.73	42.90	96.65	51.42	17.08

Competitive Comparison of Hecto Financial Co's Days Payable

For the Software - Infrastructure subindustry, Hecto Financial 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.

Hecto Financial Co's Days Payable Distribution in the Software Industry

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

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

Hecto Financial 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.

Hecto Financial 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
=	( (40.656	+	7.26)	/	2 )	/	3806.219	*	365
=	23.958					/	3806.219	*	365
=	2.30

Hecto Financial Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (60.373	+	405.362)	/	2 )	/	1244.443	*	365 / 4
=	232.8675					/	1244.443	*	365 / 4
=	17.08

Hecto Financial Co Days Payable Related Terms

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

Hecto Financial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hecto Financial Co Ltd (XKRX:234340) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Teheran-ro 34, Gil 6, 9, Gangnam-gu, 10th Floor, Yeoksam-dong, Taekwang Tower, Seoul, KOR, 06220

Website

https://www.hectofinancial.co.kr

Hecto Financial Co Ltd is engaged in providing online payment based system. It provides services such as Real-time bank transfer, Virtual Account, Mobile phone billing, Gift Vouchers and Online payment through credit card.

Hecto Financial Co Headlines

No Headlines