Kubota (WAR:KUB) Days Payable : 22.10 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Kubota Days Payable?

Kubota's average Accounts Payable for the three months ended in Sep. 2023 was zł1.05 Mil. Kubota's Cost of Goods Sold for the three months ended in Sep. 2023 was zł4.32 Mil. Hence, Kubota's Days Payable for the three months ended in Sep. 2023 was 22.10.

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

WAR:KUB' s Days Payable Range Over the Past 10 Years
Min: 16.03 Med: 60.37 Max: 132
Current: 28.79

During the past 3 years, Kubota's highest Days Payable was 132.00. The lowest was 16.03. And the median was 60.37.

WAR:KUB's Days Payable is ranked worse than
77.36% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs WAR:KUB: 28.79

Kubota's Days Payable declined from Sep. 2022 (63.05) to Sep. 2023 (22.10). It may suggest that Kubota accelerated paying its suppliers.

Kubota Days Payable Historical Data

The historical data trend for Kubota'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.

Kubota Days Payable Chart

Kubota Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

132.00

60.37

16.03

Kubota Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial					63.05	22.50	28.91	38.69	22.10

Competitive Comparison of Kubota's Days Payable

For the Apparel Retail subindustry, Kubota'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.

Kubota's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kubota's Days Payable distribution charts can be found below:

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

Kubota 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.

Kubota's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.835	+	0.536)	/	2 )	/	15.611	*	365
=	0.6855					/	15.611	*	365
=	16.03

Kubota's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1.239	+	0.853)	/	2 )	/	4.319	*	365 / 4
=	1.046					/	4.319	*	365 / 4
=	22.10

Kubota Days Payable Related Terms

Thank you for viewing the detailed overview of Kubota's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Kubota (WAR:KUB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kubota SA (WAR:KUB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street Traktorowa 128/14, Lodz, POL, 91-204

Website

https://www.kubotastore.pl

Kubota SA is a polish footwear and clothing company. It is engaged in the retail and wholesale segment of footwear, clothing, and accessories.

Kubota (WAR:KUB) Headlines

No Headlines