Dream Security Co (XKRX:203650) Days Payable : 22.69 (As of Dec. 2023)

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What is Dream Security Co Days Payable?

Dream Security Co's average Accounts Payable for the three months ended in Dec. 2023 was ₩9,193 Mil. Dream Security Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩36,964 Mil. Hence, Dream Security Co's Days Payable for the three months ended in Dec. 2023 was 22.69.

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

XKRX:203650' s Days Payable Range Over the Past 10 Years
Min: 11 Med: 15.92 Max: 24.9
Current: 21.45

During the past 10 years, Dream Security Co's highest Days Payable was 24.90. The lowest was 11.00. And the median was 15.92.

XKRX:203650's Days Payable is ranked worse than
77.43% of 2526 companies
in the Software industry
Industry Median: 50.42 vs XKRX:203650: 21.45

Dream Security Co's Days Payable increased from Dec. 2022 (16.68) to Dec. 2023 (22.69). It may suggest that Dream Security Co delayed paying its suppliers.

Dream Security Co Days Payable Historical Data

The historical data trend for Dream Security 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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Dream Security Co Days Payable Chart

Dream Security Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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11.00

11.72

19.78

15.37

17.14

Dream Security 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															16.68	21.56	23.23	22.57	22.69

Competitive Comparison of Dream Security Co's Days Payable

For the Software - Infrastructure subindustry, Dream Security 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.

Dream Security Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Dream Security Co's Days Payable distribution charts can be found below:

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

Dream Security 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.

Dream Security 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
=	( (5160.543	+	9150.044)	/	2 )	/	152415.993	*	365
=	7155.2935					/	152415.993	*	365
=	17.14

Dream Security 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
=	( (9236.499	+	9150.044)	/	2 )	/	36964.496	*	365 / 4
=	9193.2715					/	36964.496	*	365 / 4
=	22.69

Dream Security Co Days Payable Related Terms

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Dream Security Co (XKRX:203650) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Dream Security Co Ltd (XKRX:203650) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Songpa-gu, Seoul, Korea 8 Road 8 Dream Security, Bldg 3-7, Songpa-gu, Seoul, KOR

Website

http://www.dreamsecurity.com

Dream Security Co Ltd is a South Korea based company. It is engaged in the development and construction of authentication security solution. The company also offers authentication service, system integration (SI) & maintenance, and security consultation.

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