Kellanova Co (Kellanova Co) Days Payable : 336.45 (As of Dec. 2023)

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What is Kellanova Co Days Payable?

Kellanova Co's average Accounts Payable for the three months ended in Dec. 2023 was $2,552 Mil. Kellanova Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $692 Mil. Hence, Kellanova Co's Days Payable for the three months ended in Dec. 2023 was 336.45.

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

K' s Days Payable Range Over the Past 10 Years
Min: 56.76 Med: 96.51 Max: 116.1
Current: 110.51

During the past 13 years, Kellanova Co's highest Days Payable was 116.10. The lowest was 56.76. And the median was 96.51.

K's Days Payable is ranked better than
84.52% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.7 vs K: 110.51

Kellanova Co's Days Payable increased from Dec. 2022 (304.48) to Dec. 2023 (336.45). It may suggest that Kellanova Co delayed paying its suppliers.

Kellanova Co Days Payable Historical Data

The historical data trend for Kellanova Co'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.

Kellanova Co Days Payable Chart

Kellanova Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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95.53

98.04

116.10

106.11

100.80

Kellanova Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															304.48	87.75	96.20	98.40	336.45

Competitive Comparison of Kellanova Co's Days Payable

For the Packaged Foods subindustry, Kellanova Co'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.

Kellanova Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kellanova Co's Days Payable distribution charts can be found below:

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

Kellanova Co 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.

Kellanova Co'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
=	( (2568	+	2314)	/	2 )	/	8839	*	365
=	2441					/	8839	*	365
=	100.80

Kellanova Co'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2789	+	2314)	/	2 )	/	692	*	365 / 4
=	2551.5					/	692	*	365 / 4
=	336.45

Kellanova Co Days Payable Related Terms

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Kellanova Co (Kellanova Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kellanova Co (NYSE:K) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

K:Mexico 1K:Italy KEL:Germany KEL:Germany KEL:Germany KEL:Germany K1EL34:Brazil KELL:Austria

Address

412 N. Wells Street, Chicago, IL, USA, 60654

Website

https://www.kellanova.com

Following its split from the North American cereal business, Kellanova (previously the global snacking arm of Kellogg) is a leading global manufacturer and marketer of salty snacks, snack bars, frozen breakfast fare, meat alternatives, and other packaged foods. Its offerings are manufactured in around 20 countries and marketed in more than 180 countries. Its product mix includes well-known brands such as Pringles, Cheez-It, Rice Krispies Treats, Pop-Tarts, Eggo, Nutri-Grain, and Morningstar Farms. Sales beyond its home turf account for about half of Kellanova's consolidated sales base.

Executives

Kellogg W K Foundation Trust	10 percent owner	50 S. LA SALLE ST., B-10, CHICAGO IL 60603
John Min	officer: Chief Legal Officer	ONE KELLOGG SQUARE, BATTLE CREEK MI 49017
Christopher M Hood	officer: Senior Vice President	ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599
Kris Bahner	officer: SVP-Chief Global Corp Affairs	ONE KELLOGG SQUARE, BATTLE CREEK MI 49017
Nicolas Amaya	officer: Senior Vice President	ONE KELLOGG SQUARE, BATTLE CREEK MI 49017
Charisse Ford Hughes	officer: Senior Vice President	C/O CROCS, INC., 13601 VIA VARRA, BROOMFIELD CO 80020
Gary H Pilnick	officer: Senior Vice President
Kurt D Forche	officer: VP-Corporate Controller	ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599
Amit Banati	officer: Senior Vice President	ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599
Rodrigo Lance	officer: Senior Vice President	ONE KELLOGG SQUARE, BATTLE CREEK MI 49017
Alistair D Hirst	officer: SVP - Global Supply Chain	ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599
J Michael Schlotman	director	1014 VINE ST, CINCINNATI OH 45202
Steven A Cahillane	director, officer: CEO & President	ONE COCA-COLA PLAZA, ATLANTA GA 30313
Shumit Kapoor	officer: Senior Vice President	ONE KELLOGG SQUARE, BATTLE CREEK MI 49017
Maria Fernanda Mejia	officer: Senior Vice President	ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599