Kakel Max AB (OSTO:KAKEL) Days Payable : 56.65 (As of Mar. 2024)

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What is Kakel Max AB Days Payable?

Kakel Max AB's average Accounts Payable for the three months ended in Mar. 2024 was kr14.3 Mil. Kakel Max AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr23.1 Mil. Hence, Kakel Max AB's Days Payable for the three months ended in Mar. 2024 was 56.65.

The historical rank and industry rank for Kakel Max AB's Days Payable or its related term are showing as below:

OSTO:KAKEL' s Days Payable Range Over the Past 10 Years
Min: 47.54 Med: 50.83 Max: 138.58
Current: 55.87

During the past 13 years, Kakel Max AB's highest Days Payable was 138.58. The lowest was 47.54. And the median was 50.83.

OSTO:KAKEL's Days Payable is ranked worse than
58.65% of 370 companies
in the Building Materials industry
Industry Median: 66.17 vs OSTO:KAKEL: 55.87

Kakel Max AB's Days Payable declined from Mar. 2023 (59.00) to Mar. 2024 (56.65). It may suggest that Kakel Max AB accelerated paying its suppliers.

Kakel Max AB Days Payable Historical Data

The historical data trend for Kakel Max AB'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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Kakel Max AB Days Payable Chart

Kakel Max AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

47.54

49.30

48.14

49.61

55.87

Kakel Max AB 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															59.00	-	-	52.13	56.65

Competitive Comparison of Kakel Max AB's Days Payable

For the Building Materials subindustry, Kakel Max AB'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.

Kakel Max AB's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Kakel Max AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Kakel Max AB's Days Payable falls into.

Kakel Max AB 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.

Kakel Max AB'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
=	( (17.646	+	14.342)	/	2 )	/	104.483	*	365
=	15.994					/	104.483	*	365
=	55.87

Kakel Max AB'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
=	( (14.342	+	0)	/	1 )	/	23.102	*	365 / 4
=	14.342					/	23.102	*	365 / 4
=	56.65

Kakel Max AB Days Payable Related Terms

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Kakel Max AB (OSTO:KAKEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Kakel Max AB (OSTO:KAKEL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dalvägen 4, Östervåla, SWE, 740 46

Website

http://www.kakelmax.se

Kakel Max AB provides service for professional customers in the market of tile and natural stone and bathroom furniture and accessories. The company's products and services are sold to the customer base through several channels: via its own store network, via the main warehouse and via retailer.

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