Innovex Co (XKRX:279060) Days Payable : 135.34 (As of Dec. 2023)

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What is Innovex Co Days Payable?

Innovex Co's average Accounts Payable for the six months ended in Dec. 2023 was ₩2,910 Mil. Innovex Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ₩7,849 Mil. Hence, Innovex Co's Days Payable for the six months ended in Dec. 2023 was 67.67.

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

XKRX:279060' s Days Payable Range Over the Past 10 Years
Min: 60.13 Med: 78.13 Max: 135.34
Current: 135.34

During the past 5 years, Innovex Co's highest Days Payable was 135.34. The lowest was 60.13. And the median was 78.13.

XKRX:279060's Days Payable is ranked better than
66.96% of 920 companies
in the Media - Diversified industry
Industry Median: 79.49 vs XKRX:279060: 135.34

Innovex Co's Days Payable increased from Dec. 2021 (85.04) to Dec. 2023 (135.34). It may suggest that Innovex Co delayed paying its suppliers.

Innovex Co Days Payable Historical Data

The historical data trend for Innovex 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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Innovex Co Days Payable Chart

Innovex Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

61.59

60.13

85.04

78.13

135.34

Innovex Co Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Days Payable	61.59	60.13	85.04	78.13	135.34

Competitive Comparison of Innovex Co's Days Payable

For the Advertising Agencies subindustry, Innovex 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.

Innovex Co's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Innovex Co's Days Payable distribution charts can be found below:

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

Innovex 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.

Innovex 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
=	( (2100.61	+	3720.11)	/	2 )	/	7849.168	*	365
=	2910.36					/	7849.168	*	365
=	135.34

Innovex Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2100.61	+	3720.11)	/	2 )	/	7849.168	*	365 / 2
=	2910.36					/	7849.168	*	365 / 2
=	67.67

Innovex Co Days Payable Related Terms

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Innovex Co (XKRX:279060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Innovex Co Ltd (XKRX:279060) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3, Cheongmyeongnam-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, KOR, 16704

Website

http://www.innovex.co.kr

Innovex Co Ltd is involved in providing technology related solutions for advertising. It provides Tunnel Advertising System which is an imaging system which creates advertisement screens on the dark side of tunnel with LED bars installed on the wall of the tunnel. The company also provides others solutions including Spin TV, Wing TV and DDM.

Innovex Co (XKRX:279060) Headlines

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