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Kerry Logistics Network (HKSE:00636) Days Payable : 39.94 (As of Dec. 2023)


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What is Kerry Logistics Network Days Payable?

Kerry Logistics Network's average Accounts Payable for the six months ended in Dec. 2023 was HK$4,228 Mil. Kerry Logistics Network's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$19,321 Mil. Hence, Kerry Logistics Network's Days Payable for the six months ended in Dec. 2023 was 39.94.

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

HKSE:00636' s Days Payable Range Over the Past 10 Years
Min: 26.81   Med: 38.56   Max: 77.24
Current: 37.18

During the past 12 years, Kerry Logistics Network's highest Days Payable was 77.24. The lowest was 26.81. And the median was 38.56.

HKSE:00636's Days Payable is ranked worse than
52.09% of 933 companies
in the Transportation industry
Industry Median: 38.5 vs HKSE:00636: 37.18

Kerry Logistics Network's Days Payable increased from Dec. 2022 (31.03) to Dec. 2023 (39.94). It may suggest that Kerry Logistics Network delayed paying its suppliers.


Kerry Logistics Network Days Payable Historical Data

The historical data trend for Kerry Logistics Network'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.

Kerry Logistics Network Days Payable Chart

Kerry Logistics Network Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.16 36.60 29.58 26.81 37.96

Kerry Logistics Network Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial 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 37.19 26.09 31.03 34.15 39.94

Competitive Comparison of Kerry Logistics Network's Days Payable

For the Integrated Freight & Logistics subindustry, Kerry Logistics Network'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.


Kerry Logistics Network's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kerry Logistics Network's Days Payable distribution charts can be found below:

* The bar in red indicates where Kerry Logistics Network's Days Payable falls into.



Kerry Logistics Network 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.

Kerry Logistics Network'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
=( (4531.8 + 4310.572) / 2 ) / 42506.403*365
=4421.186 / 42506.403*365
=37.96

Kerry Logistics Network'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (4145.624 + 4310.572) / 2 ) / 19320.569*365 / 2
=4228.098 / 19320.569*365 / 2
=39.94

* 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.


Kerry Logistics Network Days Payable Related Terms

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Kerry Logistics Network (HKSE:00636) Business Description

Traded in Other Exchanges
Address
55 Wing Kei Road, 16th Floor, Kerry Cargo Centre, New Territories, Kwai Chung, Hong Kong, HKG
Kerry Logistics Network, or KLN, is a leading Asian diversified logistics service provider with a global presence. KLN is the number one non-vessel operating common carrier, or NVOCC, by volume for transpacific trades in 2022. Its business consists of international freight forwarding (air freight, ocean freight, and cross-border road freight forwarding services), integrated logistics mainly across Asia, and e-commerce and express delivery services. KLN has been majority owned by and consolidated under the international segment of China's leading logistics company S.F. Holding, or SF, since September 2021.
Executives
Wang Wei 2201 Interest of corporation controlled by you
Shen Zhen Ming De Kong Gu Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Shun Feng Kong Gu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Kerry Group Limited 2201 Interest of corporation controlled by you
Kerry Properties Limited 2101 Beneficial owner
Flourish Harmony Holdings Company Limited 2101 Beneficial owner

Kerry Logistics Network (HKSE:00636) Headlines

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