VAIV Company (XKRX:301300) Days Payable : 19.04 (As of Mar. 2024)

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What is VAIV Company Days Payable?

VAIV Company's average Accounts Payable for the three months ended in Mar. 2024 was ₩712 Mil. VAIV Company's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩3,411 Mil. Hence, VAIV Company's Days Payable for the three months ended in Mar. 2024 was 19.04.

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

XKRX:301300' s Days Payable Range Over the Past 10 Years
Min: 4.87 Med: 43.9 Max: 168.86
Current: 140.27

During the past 7 years, VAIV Company's highest Days Payable was 168.86. The lowest was 4.87. And the median was 43.90.

XKRX:301300's Days Payable is ranked better than
76.92% of 2526 companies
in the Software industry
Industry Median: 49.695 vs XKRX:301300: 140.27

VAIV Company's Days Payable declined from Mar. 2023 (244.26) to Mar. 2024 (19.04). It may suggest that VAIV Company accelerated paying its suppliers.

VAIV Company Days Payable Historical Data

The historical data trend for VAIV Company'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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VAIV Company Days Payable Chart

VAIV Company Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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22.41

43.90

82.29

168.86

118.80

VAIV Company Quarterly Data
	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												244.26	256.72	193.77	91.41	19.04

Competitive Comparison of VAIV Company's Days Payable

For the Software - Application subindustry, VAIV Company'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.

VAIV Company's Days Payable Distribution in the Software Industry

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

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

VAIV Company 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.

VAIV Company'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
=	( (13360.716	+	779.619)	/	2 )	/	21722.151	*	365
=	7070.1675					/	21722.151	*	365
=	118.80

VAIV Company'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
=	( (779.619	+	643.895)	/	2 )	/	3410.703	*	365 / 4
=	711.757					/	3410.703	*	365 / 4
=	19.04

VAIV Company Days Payable Related Terms

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VAIV Company (XKRX:301300) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VAIV Company Inc (XKRX:301300) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

97, Dokseodang-ro, Yongsan-gu, Seoul, KOR

Website

http://www.vaiv.kr

VAIV Company Inc is an artificial intelligence innovation technology company that provides customized services and subscription services based on SOFIA (Sofia), the only artificial intelligence and big data technology platform in Korea. The company plans to strengthen the business capabilities of Some Trend, a big data analysis platform, and to preempt the new business, digital twin and customer-specific IPA market, to prepare future growth engines as a representative artificial intelligence company.

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