Kaiser Aluminum (Kaiser Aluminum) Days Payable : 37.36 (As of Mar. 2024)

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What is Kaiser Aluminum Days Payable?

Kaiser Aluminum's average Accounts Payable for the three months ended in Mar. 2024 was $263 Mil. Kaiser Aluminum's Cost of Goods Sold for the three months ended in Mar. 2024 was $643 Mil. Hence, Kaiser Aluminum's Days Payable for the three months ended in Mar. 2024 was 37.36.

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

KALU' s Days Payable Range Over the Past 10 Years
Min: 23.35 Med: 30.86 Max: 37.67
Current: 35.26

During the past 13 years, Kaiser Aluminum's highest Days Payable was 37.67. The lowest was 23.35. And the median was 30.86.

KALU's Days Payable is ranked worse than
81.69% of 1065 companies
in the Metals & Mining industry
Industry Median: 130.91 vs KALU: 35.26

Kaiser Aluminum's Days Payable increased from Mar. 2023 (36.66) to Mar. 2024 (37.36). It may suggest that Kaiser Aluminum delayed paying its suppliers.

Kaiser Aluminum Days Payable Historical Data

The historical data trend for Kaiser Aluminum'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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Kaiser Aluminum Days Payable Chart

Kaiser Aluminum Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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32.05

34.53

34.00

37.67

36.95

Kaiser Aluminum Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															36.66	32.93	32.88	35.34	37.36

Competitive Comparison of Kaiser Aluminum's Days Payable

For the Aluminum subindustry, Kaiser Aluminum'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.

Kaiser Aluminum's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kaiser Aluminum's Days Payable distribution charts can be found below:

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

Kaiser Aluminum 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.

Kaiser Aluminum'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
=	( (305.1	+	252.7)	/	2 )	/	2754.9	*	365
=	278.9					/	2754.9	*	365
=	36.95

Kaiser Aluminum's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (252.7	+	273.8)	/	2 )	/	642.9	*	365 / 4
=	263.25					/	642.9	*	365 / 4
=	37.36

Kaiser Aluminum Days Payable Related Terms

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Kaiser Aluminum (Kaiser Aluminum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kaiser Aluminum Corp (NAS:KALU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KLU1:Germany KLU1:Germany

Address

1550 West McEwen Drive, Suite 500, Franklin, TN, USA, 37067

Website

https://www.kaiseraluminum.com

Kaiser Aluminum Corp produces and sells semi-fabricated specialty aluminum products primarily to industrial customers. The company purchases primary and scrap aluminum, primarily from its five largest suppliers, and processes it into specialized value-added products. It hedges its aluminum costs in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. Kaiser produces high-strength aluminum products for the aerospace industry, specialized aluminum extrusions for the automotive industry, and also sells products to customers in the general engineering industry. Nearly all of Kaiser's revenue is generated in the US, with the remainder coming from Canada. The company's operations are also located in the U.S. and Canada.

Executives

Ray Parkinson	officer: VP - Advanced Engineering	27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610-2831
Teresa Mosley Sebastian	director	1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Vijai Narayan	officer: VP and CAO	1550 WEST MCEWEN DRIVE, SUITE 500, FRANKLIN TN 37067
Kevin W Williams	director	27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Michael C Arnold	director	C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Donald J Stebbins	director	C/O WABCO HOLDINGS INC., ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
Richard P. Grimley	director	1550 WEST MCEWEN DRIVE, SUITE 500, FRANKLIN TN 37067
Brant Weaver	officer: VP - Strategic Development	27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Del L Miller	officer: VP - Metal Strategy	27422 PORTOLA PARKWAY, STE. 200, FOOTHILL RANCH CA 92610-2831
Jennifer Huey	officer: VP & Chief Accounting Officer	27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Blain Tiffany	officer: EVP - Sales & Marketing	3400 N. WOLF ROAD, FRANKLIN PARK IL 60131
Neal E West	officer: VP & Chief Accounting Officer	7565 IRVINE CENTER DRIVE, IRVINE CA 92618
Jack A Hockema	director, officer: President and CEO	C/O KAISER ALUMINUM CORP, 27422 PORTOLA PARKWAY, SUITE 350, FOOTHILL RANCH CA 92610-2831
Leo Wilfred Gerard	director	27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Keith Harvey	officer: SVP - Sales & Marketing	27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610-2831