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Koppers Holdings (Koppers Holdings) Days Payable

: 44.73 (As of Dec. 2023)
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Koppers Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $204 Mil. Koppers Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $417 Mil. Hence, Koppers Holdings's Days Payable for the three months ended in Dec. 2023 was 44.73.

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

KOP' s Days Payable Range Over the Past 10 Years
Min: 30.99   Med: 44.22   Max: 47.5
Current: 43.47

During the past 13 years, Koppers Holdings's highest Days Payable was 47.50. The lowest was 30.99. And the median was 44.22.

KOP's Days Payable is ranked worse than
67.78% of 1502 companies
in the Chemicals industry
Industry Median: 60.26 vs KOP: 43.47

Koppers Holdings's Days Payable increased from Dec. 2022 (44.28) to Dec. 2023 (44.73). It may suggest that Koppers Holdings delayed paying its suppliers.


Koppers Holdings Days Payable Historical Data

The historical data trend for Koppers Holdings'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.

Koppers Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.50 44.19 44.25 42.31 43.29

Koppers Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.28 47.55 40.67 41.63 44.73

Competitive Comparison

For the Specialty Chemicals subindustry, Koppers Holdings'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.


Koppers Holdings Days Payable Distribution

For the Chemicals industry and Basic Materials sector, Koppers Holdings's Days Payable distribution charts can be found below:

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



Koppers Holdings 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.

Koppers Holdings'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
=( (207.4 + 202.9) / 2 ) / 1729.7*365
=205.15 / 1729.7*365
=43.29

Koppers Holdings'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
=( (205.6 + 202.9) / 2 ) / 416.7*365 / 4
=204.25 / 416.7*365 / 4
=44.73

* 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.


Koppers Holdings Days Payable Related Terms

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


Koppers Holdings (Koppers Holdings) Business Description

Traded in Other Exchanges
Address
436 Seventh Avenue, Pittsburgh, PA, USA, 15219
Koppers Holdings, through its subsidiaries, manufactures and sells wood products, wood treatment chemicals, and carbon compounds used in markets such as railroad, aluminum and steel, agriculture, utilities, and residential lumber. The company is organized into three business segments: railroad and utility products and services, performance chemicals, and carbon materials and chemicals. Its product portfolio includes treated and untreated wood products like crossties used in railroads, wood preservation chemicals, and carbon compounds such as creosote used in the treatment of wood crossties, among others. Most revenue comes from the company's railroad and utility products and services segment, and more than half of the company's revenue is earned in the United States.
Executives
M Leroy Ball officer: VP and Chief Financial Officer 436 SEVENTH AVENUE, PITTSBURGH PA 15219
Bradley A Pearce officer: Chief Accounting Officer 436 SEVENTH AVENUE, PITTSBURGH PA 15219
Joseph P Dowd officer: VP North American CM&C 436 SEVENTH AVENUE, SUITE 1550, PITTSBURGH PA 15219
James A. Sullivan officer: SVP Global CM&C 400 CALGON CARBON DRIVE, PITTSBURGH PA 15205
Leslie S Hyde officer: VP Sfty Env.Aff.Koppers Inc. C/O KOPPERS INC, 436 SEVENTH AVENUE, SUITE 1550, PITTSBURG PA 15219
Daniel J Skrovanek officer: VP, Growth & Innovation 436 SEVENTH AVENUE, PITTSBURGH PA 15219
Traci L Jensen director 1200 WILLOW LAKE BOULEVARD, P.O. BOX 64683, ST. PAUL MN 55164-0683
Andrew D Sandifer director FMC CORPORATION, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Kevin Washington officer: VP, External Affairs 436 SEVENTH AVENUE, PITTSBURGH PA 15219
Xudong Feng director 436 SEVENTH AVENUE, SUITE 1550, PITTSBURGH PA 15219
Albert J Neupaver director
Stephen R Tritch director 4171 ESSEN LANE, BATON ROUGE LA 70809
David L Motley director 517 AVONWORTH HEIGHTS DRIVE, PITTSBURGH PA 151237
Sonja Michelle Wilkerson director
Louis L Testoni director 436 SEVENTH AVENUE, SUITE 1550, PITTSBURGH PA 15219