Y-Biologics (XKRX:338840) Days Payable : 0.27 (As of Mar. 2024)

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What is Y-Biologics Days Payable?

Y-Biologics's average Accounts Payable for the three months ended in Mar. 2024 was ₩1 Mil. Y-Biologics's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩407 Mil. Hence, Y-Biologics's Days Payable for the three months ended in Mar. 2024 was 0.27.

The historical rank and industry rank for Y-Biologics's Days Payable or its related term are showing as below:

XKRX:338840' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.47
Current: 0.47

During the past 6 years, Y-Biologics's highest Days Payable was 0.47. The lowest was 0.00. And the median was 0.00.

XKRX:338840's Days Payable is ranked worse than
100% of 724 companies
in the Biotechnology industry
Industry Median: 150.695 vs XKRX:338840: 0.47

Y-Biologics's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (0.27). It may suggest that Y-Biologics delayed paying its suppliers.

Y-Biologics Days Payable Historical Data

The historical data trend for Y-Biologics'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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Y-Biologics Days Payable Chart

Y-Biologics Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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Y-Biologics Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial				-	-	-	0.76	0.27

Competitive Comparison of Y-Biologics's Days Payable

For the Biotechnology subindustry, Y-Biologics'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.

Y-Biologics's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Y-Biologics's Days Payable distribution charts can be found below:

* The bar in red indicates where Y-Biologics's Days Payable falls into.

Y-Biologics 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.

Y-Biologics's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	2814.101	*	365
=	0					/	2814.101	*	365
=	0.00

Y-Biologics'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
=	( (1.212	+	0)	/	1 )	/	406.984	*	365 / 4
=	1.212					/	406.984	*	365 / 4
=	0.27

Y-Biologics Days Payable Related Terms

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Y-Biologics (XKRX:338840) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Y-Biologics Inc (XKRX:338840) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 715, 17, Tech-ro 4-ro, Yuseong-gu, Daejeon, KOR

Website

https://www.ybiologics.com

Y-Biologics Inc is a company has a variety of development candidate antibodies based on Korea's highest-level antibody discovery platform technology and then independently develops antibody treatments or jointly develops cutting-edge biopharmaceuticals by fusing them with our partner's platform technology. Its main business model is based on a globally competitive antibody discovery platform and consists of development of new bio drug candidates and early technology transfer, and contract research services that generate stable cash flow.

Y-Biologics (XKRX:338840) Headlines

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