J2KBio Co (XKRX:420570) Days Payable : 24.83 (As of Jun. 2024)

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What is J2KBio Co Days Payable?

J2KBio Co's average Accounts Payable for the six months ended in Jun. 2024 was ₩1,648 Mil. J2KBio Co's Cost of Goods Sold for the six months ended in Jun. 2024 was ₩12,115 Mil. Hence, J2KBio Co's Days Payable for the six months ended in Jun. 2024 was 24.83.

The historical rank and industry rank for J2KBio Co's Days Payable or its related term are showing as below:

XKRX:420570' s Days Payable Range Over the Past 10 Years
Min: 21.6 Med: 25.77 Max: 48.62
Current: 26.5

During the past 5 years, J2KBio Co's highest Days Payable was 48.62. The lowest was 21.60. And the median was 25.77.

XKRX:420570's Days Payable is ranked worse than
83.93% of 1512 companies
in the Chemicals industry
Industry Median: 60.235 vs XKRX:420570: 26.50

J2KBio Co's Days Payable increased from Jun. 2023 (23.80) to Jun. 2024 (24.83). It may suggest that J2KBio Co delayed paying its suppliers.

J2KBio Co Days Payable Historical Data

The historical data trend for J2KBio 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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J2KBio Co Days Payable Chart

J2KBio Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

48.62

36.77

25.77

21.60

22.06

J2KBio Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	-	21.76	23.80	27.84	24.83

Competitive Comparison of J2KBio Co's Days Payable

For the Specialty Chemicals subindustry, J2KBio 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.

J2KBio Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, J2KBio Co's Days Payable distribution charts can be found below:

* The bar in red indicates where J2KBio Co's Days Payable falls into.

J2KBio 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.

J2KBio 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
=	( (571.886	+	1479.023)	/	2 )	/	16969.881	*	365
=	1025.4545					/	16969.881	*	365
=	22.06

J2KBio Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (1479.023	+	1817.22)	/	2 )	/	12114.94	*	365 / 2
=	1648.1215					/	12114.94	*	365 / 2
=	24.83

J2KBio Co Days Payable Related Terms

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J2KBio Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » J2KBio Co Ltd (XKRX:420570) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

50-3, Dureungyuri-ro, Ochang-eup, Cheongwon-gu, Chungcheongbuk-do, Cheongju-si, KOR

Website

https://www.j2kbio.com

J2KBio Co Ltd is a company whose main business is manufacturing and selling cosmetic raw materials, and natural materials and biomaterials are its main products. Their product line can be broadly divided into natural materials, biomaterials, and solvent materials. Natural product ingredients refer to any substance or ingredient derived from plants, minerals, or other natural sources used in cosmetics and personal care products. Bioproduct materials refer to ingredients derived from fermentation processes. Fermentation involves the breakdown of organic compounds by microorganisms such as bacteria, yeast, or mold.

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