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Ecopro Co (XKRX:086520) Days Payable : 46.69 (As of Mar. 2024)


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What is Ecopro Co Days Payable?

Ecopro Co's average Accounts Payable for the three months ended in Mar. 2024 was ₩507,736 Mil. Ecopro Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩992,306 Mil. Hence, Ecopro Co's Days Payable for the three months ended in Mar. 2024 was 46.69.

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

XKRX:086520' s Days Payable Range Over the Past 10 Years
Min: 12.72   Med: 24.06   Max: 39.16
Current: 39.16

During the past 13 years, Ecopro Co's highest Days Payable was 39.16. The lowest was 12.72. And the median was 24.06.

XKRX:086520's Days Payable is ranked worse than
71.68% of 1504 companies
in the Chemicals industry
Industry Median: 61.065 vs XKRX:086520: 39.16

Ecopro Co's Days Payable increased from Mar. 2023 (39.61) to Mar. 2024 (46.69). It may suggest that Ecopro Co delayed paying its suppliers.


Ecopro Co Days Payable Historical Data

The historical data trend for Ecopro 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.

* Premium members only.

Ecopro Co Days Payable Chart

Ecopro Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.54 23.78 25.15 30.80 37.14

Ecopro 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.61 40.31 32.74 41.96 46.69

Competitive Comparison of Ecopro Co's Days Payable

For the Chemicals subindustry, Ecopro 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.


Ecopro Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ecopro Co's Days Payable distribution charts can be found below:

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



Ecopro 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.

Ecopro 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
=( (705571.589 + 669341.036) / 2 ) / 6756076.724*365
=687456.3125 / 6756076.724*365
=37.14

Ecopro 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
=( (669341.036 + 346131.683) / 2 ) / 992305.838*365 / 4
=507736.3595 / 992305.838*365 / 4
=46.69

* 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.


Ecopro Co Days Payable Related Terms

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Ecopro Co (XKRX:086520) Business Description

Traded in Other Exchanges
N/A
Address
316-3 Songdae-ri, Ochang-eub, Cheonwon-gun, Chungcheong, KOR, 363-886
Ecopro Co Ltd is involved in the battery material and environment business. It has two divisions, battery-material and environment. Its products include, cathode active materials, electrolyte solvents, non-carbon balls, polymers among others.

Ecopro Co (XKRX:086520) Headlines

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