Ggumbi (XKRX:407400) Days Payable : 29.04 (As of Dec. 2023)

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What is Ggumbi Days Payable?

Ggumbi's average Accounts Payable for the three months ended in Dec. 2023 was ₩1,863 Mil. Ggumbi's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩5,855 Mil. Hence, Ggumbi's Days Payable for the three months ended in Dec. 2023 was 29.04.

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

XKRX:407400' s Days Payable Range Over the Past 10 Years
Min: 16.24 Med: 23.75 Max: 25.22
Current: 25.22

During the past 3 years, Ggumbi's highest Days Payable was 25.22. The lowest was 16.24. And the median was 23.75.

XKRX:407400's Days Payable is ranked worse than
91.42% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.11 vs XKRX:407400: 25.22

Ggumbi's Days Payable increased from Dec. 2022 (17.93) to Dec. 2023 (29.04). It may suggest that Ggumbi delayed paying its suppliers.

Ggumbi Days Payable Historical Data

The historical data trend for Ggumbi'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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Ggumbi Days Payable Chart

Ggumbi Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

24.99

23.75

16.24

Ggumbi Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial				17.93	19.29	27.63	21.44	29.04

Competitive Comparison of Ggumbi's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Ggumbi'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.

Ggumbi's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ggumbi's Days Payable distribution charts can be found below:

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

Ggumbi 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.

Ggumbi'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
=	( (846.611	+	772.619)	/	2 )	/	18191.669	*	365
=	809.615					/	18191.669	*	365
=	16.24

Ggumbi'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
=	( (1207.922	+	2518.276)	/	2 )	/	5855.226	*	365 / 4
=	1863.099					/	5855.226	*	365 / 4
=	29.04

Ggumbi Days Payable Related Terms

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Ggumbi (XKRX:407400) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ggumbi Inc (XKRX:407400) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

A-713, Gwanggyo SK View Lake, 25, Beopjo-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, KOR

Website

https://www.ggumbi.com

Ggumbi Inc is a premium baby care brand providing bumper bed, babyroom, playmats, furniture and beddings. It export products to around 19 different countries including the United States, China, Japan, Indonesia, Russia and Hongkong.

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