Itcencore Co (XKRX:243870) Days Payable: 19.20 (As of Dec. 2025) — 70% Below Median

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XKRX:243870 Itcencore Co Ltd XKRX:243870
78 GF Score
Price ₩8,180.00
GF Value ₩12,058.27
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Itcencore Co Days Payable?

Itcencore Co XKRX:243870 -1.45% 78 Days Payable is 19.20 as of Dec. 2025, which is 70% below its 10-year median of 63.14. GuruFocus rates XKRX:243870 with a GF Score™ of 78/100 and a GF Value™ of ₩12,058.27 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,610 Software companies, Itcencore Co ranks worse than 80% on this metric.

Itcencore Co's average Accounts Payable for the six months ended in Dec. 2025 was ₩1,291 Mil. Itcencore Co's Cost of Goods Sold for the six months ended in Dec. 2025 was ₩24,543 Mil. Hence, Itcencore Co's Days Payable for the six months ended in Dec. 2025 was 9.60.

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

XKRX:243870' s Days Payable Range Over the Past 10 Years
Min: 19.2   Med: 63.14   Max: 943.08
Current: 19.2

During the past 11 years, Itcencore Co's highest Days Payable was 943.08. The lowest was 19.20. And the median was 63.14.

XKRX:243870's Days Payable is ranked worse than
80% of 2610 companies
in the Software industry
Industry Median: 51.36 vs XKRX:243870: 19.20

Itcencore Co's Days Payable declined from Dec. 2023 (50.65) to Dec. 2025 (19.20). It may suggest that Itcencore Co accelerated paying its suppliers.


Itcencore Co Days Payable Historical Data

* Premium members only.

The historical data trend for Itcencore 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.

Itcencore Co Days Payable Chart

Itcencore Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 149.55 42.51 50.65 34.89 19.20

Itcencore Co Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 149.55 42.51 50.65 34.89 19.20

XKRX:243870 vs CRM, SHOP, UBER: Days Payable Comparison

For the Software - Application subindustry, Itcencore 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.


Itcencore Co Days Payable vs Software Industry

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

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


XKRX:243870
78GF Score
Itcencore Co Ltd XKRX:243870
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Itcencore 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.

Itcencore Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (1130.582 + 1451.041) / 2 ) / 24542.788*365
=1290.8115 / 24542.788*365
=19.20

Itcencore Co's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (1130.582 + 1451.041) / 2 ) / 24542.788*365 / 2
=1290.8115 / 24542.788*365 / 2
=9.60

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 19.20 mean?
Itcencore Co (XKRX:243870) has a Days Payable of 19.20 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Itcencore Co and its competitors. This is 70% below median its historical median of 63.14. Over the past decade, Itcencore Co's Days Payable has ranged from 19.20 to 943.08. According to the industry distribution chart, Itcencore Co ranks #2088 out of 2610 companies in the Software industry, placing it in the top 80%.
Is Itcencore Co's Days Payable too high?
Itcencore Co's current Days Payable of 19.20 is 70% below median its 10-year median of 63.14. Over the past 10 years, this metric has ranged from a low of 19.20 to a high of 943.08. The Software industry median Days Payable is 51.36. Itcencore Co's value of 19.20 is 62.6% below this industry median. Based on the distribution chart, Itcencore Co ranks #2088 out of 2610 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Itcencore Co has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Itcencore Co's Days Payable compare to CRM and SHOP?
According to the Software industry distribution chart, Itcencore Co ranks #2088 out of 2610 companies for Days Payable. This places Itcencore Co in the lower half of its industry. The industry median Days Payable is 51.36. Itcencore Co's value of 19.20 is 62.6% below this benchmark. Historically, Itcencore Co's own Days Payable has ranged from 19.20 to 943.08 over the past decade. While the company's 10-year median is 63.14 vs. the industry median of 51.36, Itcencore Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Software company?
The median Days Payable among Software companies is 51.36, based on 2,610 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Itcencore Co's current Days Payable of 19.20 is 62.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Itcencore Co and its competitors. For the Software industry, the median Days Payable is 51.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itcencore Co's current Days Payable is 19.20, which is 70% below median its own 10-year median of 63.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itcencore Co stock overvalued right now?
Based on GuruFocus' analysis, Itcencore Co (XKRX:243870) is currently considered Possible Value Trap. The stock's GF Value™ is ₩12,058.27, compared to a current price of ₩8,180.00 — trading 32.2% below its estimated fair value. The current Days Payable is 19.20, which is 70% below median its 10-year median of 63.14 and 62.6% below the Software industry median of 51.36. Itcencore Co's overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Itcencore Co (XKRX:243870), the current Days Payable is 19.20 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Itcencore Co (XKRX:243870) Overvalued in 2026?

Based on GuruFocus' analysis, Itcencore Co stock appears to be undervalued. The current stock price of ₩8,180.00 is trading 32.2% below its estimated GF Value™ of ₩12,058.27. GuruFocus considers Itcencore Co to be Possible Value Trap.

Key valuation signals for XKRX:243870:

  • Days Payable: 19.20 (70% below median its 10-year median of 63.14)
  • GF Value™: ₩12,058.27 vs. price of ₩8,180.00 (32.2% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 62.6% below the Software median (#2088 of 2610)

No single metric tells the full story. See the XKRX:243870 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Itcencore Co Business Description

Address 13 Banpo-daero, 2nd floor, IT Cen Building, Seocho-gu, Seoul, KOR
Itcencore Co Ltd is a ESG management software company in the domestic software market. The company is engaged in businesses such as Enterprise Resource Planning (ERP), Total Risk Management (ESG), Information Technology Outsourcing (ITO), and Intelligent AI CCTV Security Solutions (DCS).
78GF Score

Get the complete analysis for XKRX:243870

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₩8,180.00
Price
₩12,058.27
GF Value