Kyeryong Construction Industrial Co (XKRX:013580) Days Payable : 82.89 (As of Mar. 2024)

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What is Kyeryong Construction Industrial Co Days Payable?

Kyeryong Construction Industrial Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩671,854 Mil. Kyeryong Construction Industrial Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩739,617 Mil. Hence, Kyeryong Construction Industrial Co's Days Payable for the three months ended in Mar. 2024 was 82.89.

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

XKRX:013580' s Days Payable Range Over the Past 10 Years
Min: 70.46 Med: 81.83 Max: 91.86
Current: 82.23

During the past 13 years, Kyeryong Construction Industrial Co's highest Days Payable was 91.86. The lowest was 70.46. And the median was 81.83.

XKRX:013580's Days Payable is ranked better than
54.02% of 1603 companies
in the Construction industry
Industry Median: 75.22 vs XKRX:013580: 82.23

Kyeryong Construction Industrial Co's Days Payable declined from Mar. 2023 (86.50) to Mar. 2024 (82.89). It may suggest that Kyeryong Construction Industrial Co accelerated paying its suppliers.

Kyeryong Construction Industrial Co Days Payable Historical Data

The historical data trend for Kyeryong Construction Industrial 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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Kyeryong Construction Industrial Co Days Payable Chart

Kyeryong Construction Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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82.69

81.69

74.26

70.46

76.28

Kyeryong Construction Industrial Co 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															86.50	85.02	85.03	73.29	82.89

Competitive Comparison of Kyeryong Construction Industrial Co's Days Payable

For the Engineering & Construction subindustry, Kyeryong Construction Industrial 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.

Kyeryong Construction Industrial Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kyeryong Construction Industrial Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kyeryong Construction Industrial Co's Days Payable falls into.

Kyeryong Construction Industrial 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.

Kyeryong Construction Industrial 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
=	( (534997.1	+	617506.703)	/	2 )	/	2757534.845	*	365
=	576251.9015					/	2757534.845	*	365
=	76.28

Kyeryong Construction Industrial Co'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
=	( (617506.703	+	726202.101)	/	2 )	/	739617.068	*	365 / 4
=	671854.402					/	739617.068	*	365 / 4
=	82.89

Kyeryong Construction Industrial Co Days Payable Related Terms

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Kyeryong Construction Industrial Co (XKRX:013580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kyeryong Construction Industrial Co Ltd (XKRX:013580) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

519 Wolpyeong Dong, Kyeryong Bldg., Seo-gu, Daejeon, KOR, 302-852

Website

http://www.krcon.co.kr

Kyeryong Construction Industrial Co Ltd is a Korea-based company engaged in the construction business. The company is involved in the civil works such as the construction of road, bridges, subway, railroad, and hosing. In addition, it is also into building business offices, commercial home, education and medical facilities and other related activities. The company also undertakes works of apartments, industrial complexes, and leisure facilities.

Kyeryong Construction Industrial Co (XKRX:013580) Headlines

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