Kindred Group (LTS:0RDS) Days Payable : 78.82 (As of Mar. 2024)

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What is Kindred Group Days Payable?

Kindred Group's average Accounts Payable for the three months ended in Mar. 2024 was kr1,544 Mil. Kindred Group's Cost of Goods Sold for the three months ended in Mar. 2024 was kr1,787 Mil. Hence, Kindred Group's Days Payable for the three months ended in Mar. 2024 was 78.82.

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

LTS:0RDS' s Days Payable Range Over the Past 10 Years
Min: 11.15 Med: 21.73 Max: 115.1
Current: 115.1

During the past 13 years, Kindred Group's highest Days Payable was 115.10. The lowest was 11.15. And the median was 21.73.

LTS:0RDS's Days Payable is ranked better than
70.89% of 749 companies
in the Travel & Leisure industry
Industry Median: 59.49 vs LTS:0RDS: 115.10

Kindred Group's Days Payable increased from Mar. 2023 (74.82) to Mar. 2024 (78.82). It may suggest that Kindred Group delayed paying its suppliers.

Kindred Group Days Payable Historical Data

The historical data trend for Kindred Group'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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Kindred Group Days Payable Chart

Kindred Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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22.78

17.02

11.15

13.76

13.79

Kindred Group 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															74.82	130.96	147.51	81.15	78.82

Competitive Comparison of Kindred Group's Days Payable

For the Gambling subindustry, Kindred Group'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.

Kindred Group's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kindred Group's Days Payable distribution charts can be found below:

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

Kindred Group 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.

Kindred Group'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
=	( (232.589	+	288.252)	/	2 )	/	6890.77	*	365
=	260.4205					/	6890.77	*	365
=	13.79

Kindred Group'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
=	( (288.252	+	2799.277)	/	2 )	/	1787.251	*	365 / 4
=	1543.7645					/	1787.251	*	365 / 4
=	78.82

Kindred Group Days Payable Related Terms

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Kindred Group (LTS:0RDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kindred Group PLC (LTS:0RDS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KNDGF:USA KIND SDB:Sweden KINDs:UK UNBA:Germany

Address

C/o Camilleri Preziosi, South Street, Level 2, Valletta Buildings, Valletta, MLT, VLT 1103

Website

https://www.kindredgroup.com

Kindred Group PLC is an online gambling and gaming business that licenses online casino, poker, bingo, and sports betting. Its geographical reporting segments are as follows: the Nordics, Western Europe, Central, Eastern & Southern Europe, and Other. The company derives a majority of its revenue from Western Europe through gross winnings, betting duties, marketing revenue share, and other cost of sales. It operates through several different online brands, such as Unibet, Bingo.com, Maria Casino, and iGame. The Casino & Games products account for the most revenue, followed by Sports Betting, Poker, and Other.

Kindred Group (LTS:0RDS) Headlines

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