Kirkland's (Kirkland's) Days Payable : 41.11 (As of Jan. 2024)

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What is Kirkland's Days Payable?

Kirkland's's average Accounts Payable for the three months ended in Jan. 2024 was $50.9 Mil. Kirkland's's Cost of Goods Sold for the three months ended in Jan. 2024 was $112.9 Mil. Hence, Kirkland's's Days Payable for the three months ended in Jan. 2024 was 41.11.

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

KIRK' s Days Payable Range Over the Past 10 Years
Min: 27.12 Med: 43.23 Max: 58.1
Current: 51.28

During the past 13 years, Kirkland's's highest Days Payable was 58.10. The lowest was 27.12. And the median was 43.23.

KIRK's Days Payable is ranked worse than
54.35% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs KIRK: 51.28

Kirkland's's Days Payable increased from Jan. 2023 (33.94) to Jan. 2024 (41.11). It may suggest that Kirkland's delayed paying its suppliers.

Kirkland's Days Payable Historical Data

The historical data trend for Kirkland's'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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Kirkland's Days Payable Chart

Kirkland's Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Payable

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44.82

56.47

58.10

51.17

47.93

Kirkland's Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															33.94	52.58	59.88	59.73	41.11

Competitive Comparison of Kirkland's's Days Payable

For the Home Improvement Retail subindustry, Kirkland's'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.

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

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

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

Kirkland's 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.

Kirkland's'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
=	( (43.739	+	46.01)	/	2 )	/	341.7	*	365
=	44.8745					/	341.7	*	365
=	47.93

Kirkland's'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: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (55.729	+	46.01)	/	2 )	/	112.919	*	365 / 4
=	50.8695					/	112.919	*	365 / 4
=	41.11

Kirkland's Days Payable Related Terms

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Kirkland's (Kirkland's) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kirkland's Inc (NAS:KIRK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5310 Maryland Way, Brentwood, TN, USA, 37027

Website

https://www.kirklands.com

Kirkland's Inc is a specialty retailer of home decor and gifts in the United States. Its stores provide various merchandise, including holiday decor, framed arts, furniture, ornamental wall decor, fragrance and accessories, mirrors, lamps, decorative accessories, textiles, housewares, gifts, artificial floral products, frames, clocks, and outdoor living items. Its stores also offer an assortment of holiday merchandise in seasonal periods, as well as items that are suitable for gift-giving.

Executives

W Michael Madden	director, officer: President and CEO	C/O KIRKLAND'S INC, 431 SMITH LANE, JACKSON TN 38301
Amy Ervin Sullivan	officer: SVP, CMO	5310 MARYLAND WAY, BRENTWOOD TN 37027
Ann E Joyce	director	C/O AEROPOSTALE INC, 1372 BRAODWAY 8TH FLOOR, NEW YORK NY 10018
Osmium Partners, Llc	10 percent owner	300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Diamond, Lp	10 percent owner	C/O OSMIUM PARTNERS, LLC, 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Capital Lp	10 percent owner	300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Spartan L P	10 percent owner	300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
John Hartnett Lewis	10 percent owner	388 MARKET STREET, SUITE 920, SAN FRANCISCO CA 94111
Osmium Capital Ii, Lp	10 percent owner	300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Jill A. Soltau	director	123 SOUTH FRONT STREET, MEMPHIS TN 38103
Nicole Allyson Strain	officer: Interim CFO	5310 MARYLAND WAY, BRENTWOOD TN 37027
Charles Iii Pleas	director	123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Michael A. Holland	officer: Sr. VP and CTO	5310 MARYLAND WAY, BRENTWOOD TN 37027
Miles Kirkland	director	C/O KIRKLAND'S, INC., 2501 MCGAVOCK PIKE, SUITE 1000, NASHVILLE TN 37214
Orr Wilson R Iii	director	C/O KIRKLAND'S, INC., 2501 MCGAVOCK PIKE, SUITE 1000, NASHVILLE TN 37214