Foodnamoo (XKRX:290720) Days Payable : 20.14 (As of Mar. 2024)

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What is Foodnamoo Days Payable?

Foodnamoo's average Accounts Payable for the three months ended in Mar. 2024 was ₩8,194 Mil. Foodnamoo's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩37,121 Mil. Hence, Foodnamoo's Days Payable for the three months ended in Mar. 2024 was 20.14.

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

XKRX:290720' s Days Payable Range Over the Past 10 Years
Min: 2.64 Med: 17.93 Max: 26.2
Current: 26.2

During the past 8 years, Foodnamoo's highest Days Payable was 26.20. The lowest was 2.64. And the median was 17.93.

XKRX:290720's Days Payable is ranked worse than
77.7% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 46.07 vs XKRX:290720: 26.20

Foodnamoo's Days Payable declined from Mar. 2023 (26.10) to Mar. 2024 (20.14). It may suggest that Foodnamoo accelerated paying its suppliers.

Foodnamoo Days Payable Historical Data

The historical data trend for Foodnamoo'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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Foodnamoo Days Payable Chart

Foodnamoo Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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18.19

20.59

17.66

22.06

24.14

Foodnamoo 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															26.10	30.91	26.95	26.39	20.14

Competitive Comparison of Foodnamoo's Days Payable

For the Packaged Foods subindustry, Foodnamoo'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.

Foodnamoo's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Foodnamoo's Days Payable distribution charts can be found below:

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

Foodnamoo 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.

Foodnamoo'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
=	( (11081.814	+	7829.071)	/	2 )	/	142948.663	*	365
=	9455.4425					/	142948.663	*	365
=	24.14

Foodnamoo'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
=	( (7829.071	+	8559.062)	/	2 )	/	37121.128	*	365 / 4
=	8194.0665					/	37121.128	*	365 / 4
=	20.14

Foodnamoo Days Payable Related Terms

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Foodnamoo (XKRX:290720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Foodnamoo Inc (XKRX:290720) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Nuri Dream Square Business Tower, Mapo District World Cup, Seoul 396, 15th Floor, Sangam-dong, Seoul, KOR

Website

http://foodnamoo.com

Foodnamoo Inc is engaged in the package food product business. it primarily manufactures and distributes chicken breast and other health food related products.

Foodnamoo (XKRX:290720) Headlines

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