TKG Huchems (XKRX:069260) Days Payable : 53.55 (As of Mar. 2024)

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What is TKG Huchems Days Payable?

TKG Huchems's average Accounts Payable for the three months ended in Mar. 2024 was ₩152,422 Mil. TKG Huchems's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩259,734 Mil. Hence, TKG Huchems's Days Payable for the three months ended in Mar. 2024 was 53.55.

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

XKRX:069260' s Days Payable Range Over the Past 10 Years
Min: 27.52 Med: 34.6 Max: 49.55
Current: 43.84

During the past 13 years, TKG Huchems's highest Days Payable was 49.55. The lowest was 27.52. And the median was 34.60.

XKRX:069260's Days Payable is ranked worse than
67.29% of 1504 companies
in the Chemicals industry
Industry Median: 61.065 vs XKRX:069260: 43.84

TKG Huchems's Days Payable increased from Mar. 2023 (32.38) to Mar. 2024 (53.55). It may suggest that TKG Huchems delayed paying its suppliers.

TKG Huchems Days Payable Historical Data

The historical data trend for TKG Huchems'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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TKG Huchems Days Payable Chart

TKG Huchems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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31.04

31.48

27.99

27.52

49.55

TKG Huchems 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															32.38	32.31	45.84	63.68	53.55

Competitive Comparison of TKG Huchems's Days Payable

For the Chemicals subindustry, TKG Huchems'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.

TKG Huchems's Days Payable Distribution in the Chemicals Industry

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

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

TKG Huchems 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.

TKG Huchems'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
=	( (88170.766	+	152421.75)	/	2 )	/	886226.584	*	365
=	120296.258					/	886226.584	*	365
=	49.55

TKG Huchems'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
=	( (152421.75	+	0)	/	1 )	/	259734.088	*	365 / 4
=	152421.75					/	259734.088	*	365 / 4
=	53.55

TKG Huchems Days Payable Related Terms

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TKG Huchems (XKRX:069260) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » TKG Huchems Corp (XKRX:069260) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

19 Floor, 173, Toigye-ro, Jung-gu, Seoul, KOR

Website

http://tkg.huchems.com

TKG Huchems Corp is a Korea based company, which operates as a chemical product manufacturer. It provides materials of fine chemical such as Nitric acid, DNT, MNB and Ammonium Nitrate. The business activity of the group is carried out through two divisions namely Chemical and Environment-Friendly division. The Chemical division provides fine chemicals and basic chemicals and the Environment-Friendly division includes a clean development mechanism (CDM) project and urea solution.

TKG Huchems (XKRX:069260) Headlines

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