New Zealand Kinglmon Investments (NZSE:NZK) Days Payable : 55.41 (As of Jan. 2024)

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What is New Zealand Kinglmon Investments Days Payable?

New Zealand Kinglmon Investments's average Accounts Payable for the six months ended in Jan. 2024 was NZ$14.5 Mil. New Zealand Kinglmon Investments's Cost of Goods Sold for the six months ended in Jan. 2024 was NZ$47.7 Mil. Hence, New Zealand Kinglmon Investments's Days Payable for the six months ended in Jan. 2024 was 55.41.

The historical rank and industry rank for New Zealand Kinglmon Investments's Days Payable or its related term are showing as below:

NZSE:NZK' s Days Payable Range Over the Past 10 Years
Min: 34.93 Med: 43.2 Max: 63.52
Current: 48.56

During the past 7 years, New Zealand Kinglmon Investments's highest Days Payable was 63.52. The lowest was 34.93. And the median was 43.20.

NZSE:NZK's Days Payable is ranked better than
52.96% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.795 vs NZSE:NZK: 48.56

New Zealand Kinglmon Investments's Days Payable declined from Jan. 2023 (62.30) to Jan. 2024 (55.41). It may suggest that New Zealand Kinglmon Investments accelerated paying its suppliers.

New Zealand Kinglmon Investments Days Payable Historical Data

The historical data trend for New Zealand Kinglmon Investments'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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New Zealand Kinglmon Investments Days Payable Chart

New Zealand Kinglmon Investments Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jan22

Jan23

Jan24

Days Payable

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34.93

52.00

36.35

40.54

48.48

New Zealand Kinglmon Investments Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Payable	Get a 7-Day Free Trial										32.21	35.32	62.30	42.49	55.41

Competitive Comparison of New Zealand Kinglmon Investments's Days Payable

For the Farm Products subindustry, New Zealand Kinglmon Investments'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.

New Zealand Kinglmon Investments's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, New Zealand Kinglmon Investments's Days Payable distribution charts can be found below:

* The bar in red indicates where New Zealand Kinglmon Investments's Days Payable falls into.

New Zealand Kinglmon Investments 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.

New Zealand Kinglmon Investments's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

	Days Payable (A: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2023 )	+	Accounts Payable (A: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2024 )	*	Days in Period
=	( (11.327	+	15.48)	/	2 )	/	100.916	*	365
=	13.4035					/	100.916	*	365
=	48.48

New Zealand Kinglmon Investments's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (13.468	+	15.48)	/	2 )	/	47.67	*	365 / 2
=	14.474					/	47.67	*	365 / 2
=	55.41

New Zealand Kinglmon Investments Days Payable Related Terms

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New Zealand Kinglmon Investments (NZSE:NZK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » New Zealand King Salmon Investments Ltd (NZSE:NZK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NZK:Australia

Address

17 Bullen Street, Tahunanui, Nelson, STL, NZL, 7011

Website

https://www.kingsalmon.co.nz

New Zealand King Salmon Investments Ltd is engaged in the farming, processing, and sale of salmon products. Its brands include Regal, Southern Ocean, Omega Plus, Ora King, and King Salmon. Its product range includes Whole fish; Fillets, Steaks & Portions; Wood Roasted; Cold Smoked; and Others. The company's geographical area of revenue are North America, Australia, Japan, China, Europe, Others and majority being from New Zealand.

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