Younglimwon Soft Lab Co (XKRX:060850) Days Payable : 0.42 (As of Sep. 2024)

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What is Younglimwon Soft Lab Co Days Payable?

Younglimwon Soft Lab Co's average Accounts Payable for the three months ended in Sep. 2024 was ₩45 Mil. Younglimwon Soft Lab Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩9,626 Mil. Hence, Younglimwon Soft Lab Co's Days Payable for the three months ended in Sep. 2024 was 0.42.

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

XKRX:060850' s Days Payable Range Over the Past 10 Years
Min: 0.7 Med: 1.99 Max: 5.4
Current: 0.7

During the past 6 years, Younglimwon Soft Lab Co's highest Days Payable was 5.40. The lowest was 0.70. And the median was 1.99.

XKRX:060850's Days Payable is ranked worse than
99.57% of 2536 companies
in the Software industry
Industry Median: 49.025 vs XKRX:060850: 0.70

Younglimwon Soft Lab Co's Days Payable declined from Sep. 2023 (1.05) to Sep. 2024 (0.42). It may suggest that Younglimwon Soft Lab Co accelerated paying its suppliers.

Younglimwon Soft Lab Co Days Payable Historical Data

The historical data trend for Younglimwon Soft Lab 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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Younglimwon Soft Lab Co Days Payable Chart

Younglimwon Soft Lab Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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5.40

4.63

2.06

1.92

1.76

Younglimwon Soft Lab Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															1.05	1.08	1.32	0.33	0.42

Competitive Comparison of Younglimwon Soft Lab Co's Days Payable

For the Software - Application subindustry, Younglimwon Soft Lab 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.

Younglimwon Soft Lab Co's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Younglimwon Soft Lab Co's Days Payable falls into.

Younglimwon Soft Lab 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.

Younglimwon Soft Lab 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
=	( (113.629	+	163.176)	/	2 )	/	28783.182	*	365
=	138.4025					/	28783.182	*	365
=	1.76

Younglimwon Soft Lab Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (24.611	+	64.83)	/	2 )	/	9625.566	*	365 / 4
=	44.7205					/	9625.566	*	365 / 4
=	0.42

Younglimwon Soft Lab Co Days Payable Related Terms

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Younglimwon Soft Lab Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Younglimwon Soft Lab Co Ltd (XKRX:060850) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Woolim Blue9 A-dong, Yangcheon-ro 583, 23rd Floor, Gangseo-gu, Seoul, KOR

Website

https://www.ksystem.co.kr

Younglimwon Soft Lab Co Ltd is engaged in the business of developing enterprise resource planning software. Also, the company provides customized ERP and cloud service ERP, ERP education services, and other services.

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