Kolon Global (XKRX:003070) Days Payable : 94.02 (As of Mar. 2024)

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What is Kolon Global Days Payable?

Kolon Global's average Accounts Payable for the three months ended in Mar. 2024 was ₩672,874 Mil. Kolon Global's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩653,063 Mil. Hence, Kolon Global's Days Payable for the three months ended in Mar. 2024 was 94.02.

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

XKRX:003070' s Days Payable Range Over the Past 10 Years
Min: 54.88 Med: 76.12 Max: 97.97
Current: 85.48

During the past 13 years, Kolon Global's highest Days Payable was 97.97. The lowest was 54.88. And the median was 76.12.

XKRX:003070's Days Payable is ranked better than
56.27% of 1603 companies
in the Construction industry
Industry Median: 75.22 vs XKRX:003070: 85.48

Kolon Global's Days Payable declined from Mar. 2023 (100.24) to Mar. 2024 (94.02). It may suggest that Kolon Global accelerated paying its suppliers.

Kolon Global Days Payable Historical Data

The historical data trend for Kolon Global'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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Kolon Global Days Payable Chart

Kolon Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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54.88

57.64

93.85

97.97

95.52

Kolon Global Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															100.24	77.94	92.44	80.05	94.02

Competitive Comparison of Kolon Global's Days Payable

For the Engineering & Construction subindustry, Kolon Global'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.

Kolon Global's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kolon Global's Days Payable distribution charts can be found below:

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

Kolon Global 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.

Kolon Global'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
=	( (611200.571	+	690748.213)	/	2 )	/	2487459.319	*	365
=	650974.392					/	2487459.319	*	365
=	95.52

Kolon Global'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: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (690748.213	+	654999.741)	/	2 )	/	653063.185	*	365 / 4
=	672873.977					/	653063.185	*	365 / 4
=	94.02

Kolon Global Days Payable Related Terms

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Kolon Global (XKRX:003070) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kolon Global Corp (XKRX:003070) » Definitions » Days Payable

Traded in Other Exchanges

003075:Korea

Address

1-23 Byeolyang-dong, Gwacheon-si, Gyeonggi, KOR, 427-040

Website

http://www.kolonglobal.com

Kolon Global Corp is engaged in the construction, trading, and distribution businesses in South Korea.

Kolon Global (XKRX:003070) Headlines

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