Cubox Co (XKRX:340810) Days Payable : 11.15 (As of Sep. 2024)

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What is Cubox Co Days Payable?

Cubox Co's average Accounts Payable for the three months ended in Sep. 2024 was ₩448 Mil. Cubox Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩3,669 Mil. Hence, Cubox Co's Days Payable for the three months ended in Sep. 2024 was 11.15.

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

XKRX:340810' s Days Payable Range Over the Past 10 Years
Min: 16.74 Med: 47.56 Max: 154.85
Current: 16.74

During the past 7 years, Cubox Co's highest Days Payable was 154.85. The lowest was 16.74. And the median was 47.56.

XKRX:340810's Days Payable is ranked worse than
83.44% of 2536 companies
in the Software industry
Industry Median: 49.025 vs XKRX:340810: 16.74

Cubox Co's Days Payable declined from Sep. 2023 (14.14) to Sep. 2024 (11.15). It may suggest that Cubox Co accelerated paying its suppliers.

Cubox Co Days Payable Historical Data

The historical data trend for Cubox 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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Cubox Co Days Payable Chart

Cubox Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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60.01

47.56

24.96

34.68

47.30

Cubox Co Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial						14.14	12.75	21.85	25.83	11.15

Competitive Comparison of Cubox Co's Days Payable

For the Software - Infrastructure subindustry, Cubox 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.

Cubox Co's Days Payable Distribution in the Software Industry

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

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

Cubox 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.

Cubox 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
=	( (2568.859	+	477.86)	/	2 )	/	11754.402	*	365
=	1523.3595					/	11754.402	*	365
=	47.30

Cubox Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (251.247	+	645.699)	/	2 )	/	3669.404	*	365 / 4
=	448.473					/	3669.404	*	365 / 4
=	11.15

Cubox Co Days Payable Related Terms

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Cubox Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cubox Co Ltd (XKRX:340810) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

12, Teheran-ro 22-gil, Pyongbang Building, Gangnam-gu, Seoul, KOR

Website

https://www.cubox.ai

Cubox Co Ltd is an AI-specialized company engaged in AI vision recognition algorithm development, AI learning data construction/processing/refining, and AI face recognition-related software and hardware design and development.

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