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Doosan Bobcat (XKRX:241560) Days Payable : 62.71 (As of Mar. 2024)


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What is Doosan Bobcat Days Payable?

Doosan Bobcat's average Accounts Payable for the three months ended in Mar. 2024 was ₩1,236,095 Mil. Doosan Bobcat's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩1,798,738 Mil. Hence, Doosan Bobcat's Days Payable for the three months ended in Mar. 2024 was 62.71.

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

XKRX:241560' s Days Payable Range Over the Past 10 Years
Min: 44.87   Med: 51.61   Max: 63.1
Current: 62.91

During the past 9 years, Doosan Bobcat's highest Days Payable was 63.10. The lowest was 44.87. And the median was 51.61.

XKRX:241560's Days Payable is ranked worse than
58.74% of 206 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 72.58 vs XKRX:241560: 62.91

Doosan Bobcat's Days Payable increased from Mar. 2023 (60.50) to Mar. 2024 (62.71). It may suggest that Doosan Bobcat delayed paying its suppliers.


Doosan Bobcat Days Payable Historical Data

The historical data trend for Doosan Bobcat'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.

Doosan Bobcat Days Payable Chart

Doosan Bobcat Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only 51.21 56.26 63.10 52.19 56.13

Doosan Bobcat 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 60.50 58.91 65.68 63.21 62.71

Competitive Comparison of Doosan Bobcat's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Doosan Bobcat'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.


Doosan Bobcat's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Doosan Bobcat's Days Payable distribution charts can be found below:

* The bar in red indicates where Doosan Bobcat's Days Payable falls into.



Doosan Bobcat 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.

Doosan Bobcat'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
=( (1116166.662 + 1154463.913) / 2 ) / 7382377.099*365
=1135315.2875 / 7382377.099*365
=56.13

Doosan Bobcat'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
=( (1154463.913 + 1317726.453) / 2 ) / 1798737.886*365 / 4
=1236095.183 / 1798737.886*365 / 4
=62.71

* 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.


Doosan Bobcat Days Payable Related Terms

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Doosan Bobcat (XKRX:241560) Business Description

Traded in Other Exchanges
N/A
Address
Doosan Tower, 275, Jangchungdan-ro, Jung-gu, Seoul, KOR
Doosan Bobcat Inc is engaged in the engineering, manufacturing, and marketing of construction equipment. The company sells its products under Bobcat, Geith, and Doosan brands. Its products include compact loaders, excavators, dump trucks, among others.

Doosan Bobcat (XKRX:241560) Headlines

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