Foosung Co (XKRX:093370) Days Payable : 31.87 (As of Mar. 2024)

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What is Foosung Co Days Payable?

Foosung Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩35,620 Mil. Foosung Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩101,974 Mil. Hence, Foosung Co's Days Payable for the three months ended in Mar. 2024 was 31.87.

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

XKRX:093370' s Days Payable Range Over the Past 10 Years
Min: 18.09 Med: 26.76 Max: 84.37
Current: 29.93

During the past 13 years, Foosung Co's highest Days Payable was 84.37. The lowest was 18.09. And the median was 26.76.

XKRX:093370's Days Payable is ranked worse than
81.05% of 1504 companies
in the Chemicals industry
Industry Median: 61.065 vs XKRX:093370: 29.93

Foosung Co's Days Payable increased from Mar. 2023 (28.40) to Mar. 2024 (31.87). It may suggest that Foosung Co delayed paying its suppliers.

Foosung Co Days Payable Historical Data

The historical data trend for Foosung 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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Foosung Co Days Payable Chart

Foosung Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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22.26

18.09

19.45

30.93

32.16

Foosung 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															28.40	30.05	28.48	27.28	31.87

Competitive Comparison of Foosung Co's Days Payable

For the Chemicals subindustry, Foosung 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.

Foosung Co's Days Payable Distribution in the Chemicals Industry

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

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

Foosung 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.

Foosung 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
=	( (55778.375	+	33773.186)	/	2 )	/	508125.553	*	365
=	44775.7805					/	508125.553	*	365
=	32.16

Foosung 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
=	( (33773.186	+	37466.425)	/	2 )	/	101973.605	*	365 / 4
=	35619.8055					/	101973.605	*	365 / 4
=	31.87

Foosung Co Days Payable Related Terms

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Foosung Co (XKRX:093370) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Foosung Co Ltd (XKRX:093370) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

113-8 Samsung-Dong, Kangnam-Gu, Seoul, Gyeonggi, KOR

Website

http://www.foosungfcc.co.kr

Foosung Co Ltd functions in the chemicals businesses. The company manufactures and sells chemicals that serve a range of purposes. Its products include refrigerants, lithium secondary cells, gases (including semiconductor, mixture and calibration) and fluorine compounds.

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