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Korbank (WAR:KOR) Days Payable : 241.14 (As of Mar. 2024)


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What is Korbank Days Payable?

Korbank's average Accounts Payable for the three months ended in Mar. 2024 was zł2.01 Mil. Korbank's Cost of Goods Sold for the three months ended in Mar. 2024 was zł0.76 Mil. Hence, Korbank's Days Payable for the three months ended in Mar. 2024 was 241.14.

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

WAR:KOR' s Days Payable Range Over the Past 10 Years
Min: 89.45   Med: 431.33   Max: 1413.33
Current: 384.65

During the past 12 years, Korbank's highest Days Payable was 1413.33. The lowest was 89.45. And the median was 431.33.

WAR:KOR's Days Payable is ranked better than
89.28% of 345 companies
in the Telecommunication Services industry
Industry Median: 104.28 vs WAR:KOR: 384.65

Korbank's Days Payable increased from Dec. 2022 (160.27) to Mar. 2024 (241.14). It may suggest that Korbank delayed paying its suppliers.

Korbank Days Payable Historical Data

The historical data trend for Korbank'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.

Korbank Days Payable Chart

Korbank Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 288.39 476.93 1,036.23 1,413.33 903.04

Korbank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 160.27 959.57 258.95 352.19 241.14

Competitive Comparison of Korbank's Days Payable

For the Telecom Services subindustry, Korbank'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.

Korbank's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Korbank's Days Payable distribution charts can be found below:

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


Korbank 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.

Korbank's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (7.271 + 3.892) / 2 ) / 2.256*365
=5.5815 / 2.256*365
=903.04

Korbank'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: Sep. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1.837 + 2.185) / 2 ) / 0.761*365 / 4
=2.011 / 0.761*365 / 4
=241.14

* 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.

Korbank Days Payable Related Terms

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

Korbank (WAR:KOR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Korbank SA (WAR:KOR) » Definitions » Days Payable
Comparable Companies
WAR:U2K WAR:TLS WAR:DGN WAR:TLG WAR:VRB WAR:ECL WAR:AIT WAR:WAS WAR:ETL SHSE:600941 CMCSA TMUS VZ T XTER:DTE TSE:9432 NSE:BHARTIARTL HKSE:00728 TSE:9433 TSE:9984
Traded in Other Exchanges
N/A
Address
Ulica Nabycinska 19, Wroclaw, POL, 53-677
Website
http://korbank.pl
Korbank SA is a telecommunication company. The company is engaged in providing services for internet communication. It offers broadband Internet, digital phone and digital cable TV services to individuals and business clients.