Kingboard Holdings (Kingboard Holdings) Days Payable : 36.79 (As of Dec. 2023)

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What is Kingboard Holdings Days Payable?

Kingboard Holdings's average Accounts Payable for the six months ended in Dec. 2023 was $446 Mil. Kingboard Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $2,213 Mil. Hence, Kingboard Holdings's Days Payable for the six months ended in Dec. 2023 was 36.79.

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

KBDCF' s Days Payable Range Over the Past 10 Years
Min: 33.72 Med: 39.1 Max: 41.46
Current: 40.01

During the past 13 years, Kingboard Holdings's highest Days Payable was 41.46. The lowest was 33.72. And the median was 39.10.

KBDCF's Days Payable is ranked worse than
70.79% of 469 companies
in the Conglomerates industry
Industry Median: 58.29 vs KBDCF: 40.01

Kingboard Holdings's Days Payable declined from Dec. 2022 (37.12) to Dec. 2023 (36.79). It may suggest that Kingboard Holdings accelerated paying its suppliers.

Kingboard Holdings Days Payable Historical Data

The historical data trend for Kingboard Holdings'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.

Kingboard Holdings Days Payable Chart

Kingboard Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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40.95

40.86

37.11

38.17

40.05

Kingboard Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															34.94	35.72	37.12	43.86	36.79

Competitive Comparison of Kingboard Holdings's Days Payable

For the Conglomerates subindustry, Kingboard Holdings'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.

Kingboard Holdings's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kingboard Holdings's Days Payable distribution charts can be found below:

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

Kingboard Holdings 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.

Kingboard Holdings'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
=	( (460.533	+	442.051)	/	2 )	/	4112.824	*	365
=	451.292					/	4112.824	*	365
=	40.05

Kingboard Holdings'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (450.009	+	442.051)	/	2 )	/	2212.691	*	365 / 2
=	446.03					/	2212.691	*	365 / 2
=	36.79

Kingboard Holdings Days Payable Related Terms

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Kingboard Holdings (Kingboard Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Kingboard Holdings Ltd (OTCPK:KBDCF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KBDCY:USA 00148:Hong Kong KGZ:Germany

Address

3 On Yiu Street, 23rd Floor, Delta House, Shek Mun, Shatin, N.T, Hong Kong, HKG

Website

https://www.kingboard.com

Kingboard Holdings Ltd is an investment holding company in China. It operates in six segments: manufacture and sale of laminates; manufacture and sale of printed circuit boards; manufacture and sale of chemicals; sales and rental of properties; investments; and others including service income, manufacture, and sale of magnetic products and hotel business. The company's products include Tar, coke, methanol, benzene, acetic acid, glass epoxy laminate, paper laminate, single and double-sided printed circuit boards and others. Geographically, it has operations in China, Thailand, Japan, Korea, Singapore, Europe, and America, out of which China accounts for the majority of the revenue.

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