GnCenergy Co (XKRX:119850) Days Payable : 26.16 (As of Dec. 2023)

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What is GnCenergy Co Days Payable?

GnCenergy Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩15,546 Mil. GnCenergy Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩54,219 Mil. Hence, GnCenergy Co's Days Payable for the three months ended in Dec. 2023 was 26.16.

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

XKRX:119850' s Days Payable Range Over the Past 10 Years
Min: 25.34 Med: 42.94 Max: 54.2
Current: 44.03

During the past 12 years, GnCenergy Co's highest Days Payable was 54.20. The lowest was 25.34. And the median was 42.94.

XKRX:119850's Days Payable is ranked worse than
75.59% of 2933 companies
in the Industrial Products industry
Industry Median: 76.41 vs XKRX:119850: 44.03

GnCenergy Co's Days Payable declined from Dec. 2022 (37.57) to Dec. 2023 (26.16). It may suggest that GnCenergy Co accelerated paying its suppliers.

GnCenergy Co Days Payable Historical Data

The historical data trend for GnCenergy 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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GnCenergy Co Days Payable Chart

GnCenergy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

49.43

43.83

43.18

41.88

42.70

GnCenergy Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															37.57	76.30	40.87	59.82	26.16

Competitive Comparison of GnCenergy Co's Days Payable

For the Specialty Industrial Machinery subindustry, GnCenergy 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.

GnCenergy Co's Days Payable Distribution in the Industrial Products Industry

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

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

GnCenergy 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.

GnCenergy 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
=	( (17458.698	+	16235.556)	/	2 )	/	144014.903	*	365
=	16847.127					/	144014.903	*	365
=	42.70

GnCenergy Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (14855.717	+	16235.556)	/	2 )	/	54219.459	*	365 / 4
=	15545.6365					/	54219.459	*	365 / 4
=	26.16

GnCenergy Co Days Payable Related Terms

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GnCenergy Co (XKRX:119850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GnCenergy Co Ltd (XKRX:119850) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room Nos. 911 and 912, 43, Yangsan-ro, Yeongdeungpo-gu, Seoul, KOR

Website

http://www.gncenergy.co.kr

GnCenergy Co., Ltd. is a manufacturer and supplier of alternators for standby, prime and continuous generator sets. The group is divided into three business division namely Emergency power sector, Small cogeneration sector, Biogas sector. It offers Diesel, gas, gas turbine generators.

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