Hurum Co (XKRX:353190) Days Payable : 31.24 (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Hurum Co Days Payable?

Hurum Co's average Accounts Payable for the three months ended in Sep. 2024 was ₩6,158 Mil. Hurum Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩17,985 Mil. Hence, Hurum Co's Days Payable for the three months ended in Sep. 2024 was 31.24.

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

XKRX:353190' s Days Payable Range Over the Past 10 Years
Min: 29.72 Med: 35.21 Max: 47.08
Current: 31.17

During the past 4 years, Hurum Co's highest Days Payable was 47.08. The lowest was 29.72. And the median was 35.21.

XKRX:353190's Days Payable is ranked worse than
70% of 1820 companies
in the Consumer Packaged Goods industry
Industry Median: 45.78 vs XKRX:353190: 31.17

Hurum Co's Days Payable increased from Sep. 2023 (25.50) to Sep. 2024 (31.24). It may suggest that Hurum Co delayed paying its suppliers.

Hurum Co Days Payable Historical Data

The historical data trend for Hurum 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.

* Premium members only.

Hurum Co Days Payable Chart

Hurum Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

47.08

40.65

29.72

29.77

Hurum Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial													25.50	33.79	26.51	32.98	31.24

Competitive Comparison of Hurum Co's Days Payable

For the Packaged Foods subindustry, Hurum 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.

Hurum Co's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

Hurum 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.

Hurum 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
=	( (3435.68	+	5519.184)	/	2 )	/	54894.103	*	365
=	4477.432					/	54894.103	*	365
=	29.77

Hurum 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
=	( (6356.091	+	5958.97)	/	2 )	/	17984.626	*	365 / 4
=	6157.5305					/	17984.626	*	365 / 4
=	31.24

Hurum Co Days Payable Related Terms

Thank you for viewing the detailed overview of Hurum Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Hurum Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hurum Co Ltd (XKRX:353190) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

115, Gasan Digital 2-ro, Room 416, Daeryung Techno Town III, Geumcheon-gu, Seoul, KOR

Website

http://www.hurumcorp.com

Hurum Co Ltd is engaged in the research, development, manufacture, and distribution of lactobacillus, yogurt, biological health supplements.

Hurum Co Headlines

No Headlines