Kadant (Kadant) Days Payable

: 28.83 (As of Dec. 2023)

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Kadant's average Accounts Payable for the three months ended in Dec. 2023 was $43.2 Mil. Kadant's Cost of Goods Sold for the three months ended in Dec. 2023 was $136.7 Mil. Hence, Kadant's Days Payable for the three months ended in Dec. 2023 was 28.83.

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

KAI' s Days Payable Range Over the Past 10 Years
Min: 33.77 Med: 38.65 Max: 45.37
Current: 33.89

During the past 13 years, Kadant's highest Days Payable was 45.37. The lowest was 33.77. And the median was 38.65.

KAI's Days Payable is ranked worse than
85.67% of 2930 companies
in the Industrial Products industry
Industry Median: 76 vs KAI: 33.89

Kadant's Days Payable declined from Dec. 2022 (38.51) to Dec. 2023 (28.83). It may suggest that Kadant accelerated paying its suppliers.

Kadant Days Payable Historical Data

The historical data trend for Kadant'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.

Kadant Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

36.23

39.85

37.18

41.56

33.77

Kadant Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																38.51	41.44	35.20	30.71	28.83

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Kadant'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.

Kadant Days Payable Distribution

For the Industrial Products industry and Industrials sector, Kadant's Days Payable distribution charts can be found below:

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

Kadant 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.

Kadant'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
=	( (58.06	+	42.104)	/	2 )	/	541.366	*	365
=	50.082					/	541.366	*	365
=	33.77

Kadant'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
=	( (44.286	+	42.104)	/	2 )	/	136.695	*	365 / 4
=	43.195					/	136.695	*	365 / 4
=	28.83

Kadant Days Payable Related Terms

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Kadant (Kadant) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kadant Inc (NYSE:KAI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KDA:Germany

Address

One Technology Park Drive, Westford, MA, USA, 01886

Website

https://www.kadant.com

Kadant Inc. supplies process and engineering equipment for papermaking, recycling, lumber manufacturing, and related industries. The company's three reportable segments are: Flow Control segment which consists of the fluid-handling and doctoring, cleaning, & filtration product lines; Industrial Processing segment which consists of the wood processing and stock-preparation product lines; and Material handling systems, which provides conveyor-belt equipment for industries such as mining, food processing, and packaging. The company has a global presence with sizable revenue from the U.S., Europe, Asia, and Canada.

Executives

Thomas Andrew Blanchard	officer: Vice President	KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Michael C. Colwell	officer: Vice President	KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Erin L Russell	director	245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167
John M Albertine	director	100 FEDERAL DRIVE, FREDERICKSBURG VA 22405
Dara F Mitchell	officer: Senior VP, Corp. Development	1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Peter J. Flynn	officer: Vice President	KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Fredrik H Westerhout	officer: Vice President	KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Stacy D. Krause	officer: VP, General Counsel, Secretary	KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Michael J Mckenney	officer: VICE PRESIDENT	ONE ACTON PLACE STE.200, ACTON MA 01720
William P Tully	director	1 TECHNOLOGY PARK DRIVE, 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Rebecca Martinez O'mara	director	KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Thomas C Leonard	director	KADANT INC., 1 TECHONOLOGY PARK DRIVE, WESTFORD MA 01886
Eric T Langevin	officer: Vice President	KADANT INC., ONE ACTON PLACE, SUITE 202, ACTON MA 01720
Jeffrey L Powell	officer: EXECUTIVE VICE PRESIDENT	1 WALNUT STREET, ACTON MA 01720
Jonathan W Painter	officer: EXECUTIVE VICE PRESIDENT	ONE ACTO PLACE, SUITE 202, ACTON MA 01720