Hanssak Co (XKRX:430690) Days Payable : 24.95 (As of Dec. 2023)

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What is Hanssak Co Days Payable?

Hanssak Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩2,154 Mil. Hanssak Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩7,876 Mil. Hence, Hanssak Co's Days Payable for the three months ended in Dec. 2023 was 24.95.

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

XKRX:430690' s Days Payable Range Over the Past 10 Years
Min: 61.91 Med: 86.63 Max: 99.24
Current: 80.66

During the past 4 years, Hanssak Co's highest Days Payable was 99.24. The lowest was 61.91. And the median was 86.63.

XKRX:430690's Days Payable is ranked better than
63.12% of 2527 companies
in the Software industry
Industry Median: 50.54 vs XKRX:430690: 80.66

Hanssak Co's Days Payable increased from . 20 (0.00) to Dec. 2023 (24.95). It may suggest that Hanssak Co delayed paying its suppliers.

Hanssak Co Days Payable Historical Data

The historical data trend for Hanssak 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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Hanssak Co Days Payable Chart

Hanssak Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

99.24

95.12

61.91

78.14

Hanssak Co Quarterly Data
	Sep22	Dec22	Sep23	Dec23
Days Payable	-	34.79	65.05	24.95

Competitive Comparison of Hanssak Co's Days Payable

For the Software - Infrastructure subindustry, Hanssak 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.

Hanssak Co's Days Payable Distribution in the Software Industry

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

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

Hanssak 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.

Hanssak 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
=	( (2167.854	+	3779.454)	/	2 )	/	13889.504	*	365
=	2973.654					/	13889.504	*	365
=	78.14

Hanssak Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (528.04	+	3779.454)	/	2 )	/	7876.259	*	365 / 4
=	2153.747					/	7876.259	*	365 / 4
=	24.95

Hanssak Co Days Payable Related Terms

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Hanssak Co (XKRX:430690) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hanssak Co Ltd (XKRX:430690) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 401, 27, Digital-ro 34-gil, Guro-gu, Daeryung Post Tower No.3, Seoul, KOR

Website

http://www.hanssak.co.kr

Hanssak Co Ltd is an IT security company whose main business is application software development and supply. Their portfolio of products include manganese data transmission solution, password management solution, secure electronic fax solution, smart billing solution, and integrated control system.

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