Incross Co (XKRX:216050) Days Payable : 41.15 (As of Mar. 2024)

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What is Incross Co Days Payable?

Incross Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩2,525 Mil. Incross Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩5,600 Mil. Hence, Incross Co's Days Payable for the three months ended in Mar. 2024 was 41.15.

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

XKRX:216050' s Days Payable Range Over the Past 10 Years
Min: 29.91 Med: 67.48 Max: 76.64
Current: 29.91

During the past 9 years, Incross Co's highest Days Payable was 76.64. The lowest was 29.91. And the median was 67.48.

XKRX:216050's Days Payable is ranked worse than
79.85% of 933 companies
in the Media - Diversified industry
Industry Median: 79.7 vs XKRX:216050: 29.91

Incross Co's Days Payable declined from Mar. 2023 (47.42) to Mar. 2024 (41.15). It may suggest that Incross Co accelerated paying its suppliers.

Incross Co Days Payable Historical Data

The historical data trend for Incross 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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Incross Co Days Payable Chart

Incross Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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76.64

73.73

67.48

70.27

65.24

Incross 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															47.42	26.20	30.82	33.87	41.15

Competitive Comparison of Incross Co's Days Payable

For the Advertising Agencies subindustry, Incross 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.

Incross Co's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Incross Co's Days Payable distribution charts can be found below:

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

Incross 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.

Incross 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
=	( (4847.833	+	4044.975)	/	2 )	/	24877.812	*	365
=	4446.404					/	24877.812	*	365
=	65.24

Incross 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
=	( (4044.975	+	1005.79)	/	2 )	/	5599.944	*	365 / 4
=	2525.3825					/	5599.944	*	365 / 4
=	41.15

Incross Co Days Payable Related Terms

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Incross Co (XKRX:216050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Incross Co Ltd (XKRX:216050) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5F and 8F KyeongDong Pharm Company, 1659-5, Inhun-dong, Gwanak-gu, Seoul, KOR, 151-912

Website

http://www.incross.com

Incross Co Ltd is engaged in digital advertising. It also provides media planning, advertising effect analyzing and other advertising solution services.

Incross Co (XKRX:216050) Headlines

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